SYP(SH:600819)2018-04-24 16:00Financial Performance - Operating revenue rose by 16.07% to CNY 835,450,170.33 year-on-year[7] - Net profit attributable to shareholders surged by 344.15% to CNY 27,949,882.21 compared to the same period last year[7] - Basic earnings per share increased by 328.57% to CNY 0.03[7] - Net profit for Q1 2018 reached ¥35,292,921.62, a significant increase of 239.32% compared to ¥10,401,141.57 in the same period last year[16] - Total profit for Q1 2018 was ¥37,588,150.37, reflecting a 150.59% increase from ¥14,999,910.82 year-on-year[16] - Operating profit surged to ¥36,158,092.89, marking a 160.65% rise from ¥13,872,403.82 in the previous year[16] - Investment income increased by 47.88% to ¥26,075,021.43, up from ¥17,632,484.05, due to higher gains from the disposal of available-for-sale financial assets[16] - Total operating revenue for Q1 2018 was CNY 835,450,170.33, an increase of 16.06% compared to CNY 719,809,072.91 in the same period last year[28] - Net profit for Q1 2018 reached CNY 35,292,921.62, representing a significant increase of 238.56% compared to CNY 10,401,141.57 in Q1 2017[29] - Earnings per share for Q1 2018 were CNY 0.03, compared to CNY 0.007 in the same quarter last year[30] Cash Flow and Liquidity - Net cash flow from operating activities decreased by 25.81% to CNY 29,040,696.45[7] - Cash received from operating activities rose by 45.68% to ¥19,263,733.79, compared to ¥13,223,514.80 in the previous year[17] - Cash paid for purchasing goods and services increased by 36.39% to ¥705,705,475.44, up from ¥517,430,298.05 year-on-year[17] - Cash flow from investment activities showed a net decrease of 58.38%, dropping to ¥64,812,319.65 from ¥155,729,539.81[17] - Cash and cash equivalents increased by 39.41% to CNY 395,222,427.24 due to the disposal of available-for-sale financial assets[14] - Cash and cash equivalents at the end of Q1 2018 totaled 261,983,686.79 CNY, down from 404,713,858.17 CNY at the end of the previous year[36] - The company incurred total operating cash outflows of 933,842,311.95 CNY, compared to 757,795,599.33 CNY in the same period last year, representing an increase of approximately 23.2%[35] - The net cash flow from financing activities was -29,245,842.44 CNY, compared to -111,520,241.42 CNY in the previous year, indicating an improvement[36] Assets and Liabilities - Total assets increased by 1.86% to CNY 7,146,100,801.87 compared to the end of the previous year[7] - Total assets as of March 31, 2018, amounted to ¥7,146,100,801.87, compared to ¥7,015,456,690.71 at the beginning of the year[22] - Current liabilities totaled ¥2,707,200,403.25, an increase from ¥2,582,442,739.19 at the start of the year[23] - Total liabilities for Q1 2018 were CNY 1,961,857,425.27, up from CNY 1,907,462,018.44 in the previous year[27] - Total equity for Q1 2018 was CNY 2,874,158,134.54, a decrease from CNY 2,878,157,970.77 in Q1 2017[27] Shareholder Information - The number of shareholders reached 53,300 by the end of the reporting period[11] Financial Expenses - The company reported a decrease in financial expenses by 30.09% to CNY 13,478,091.32, due to reduced interest expenses and increased exchange gains[15] - The company reported a decrease in sales expenses to CNY 39,354,850.64 from CNY 44,203,655.26 in Q1 2017[29] Investment Activities - The company generated cash inflows from investment activities amounting to 512,086,769.93 CNY, a decrease from 582,340,133.81 CNY in the prior year[36] - The company’s investment cash outflows totaled 447,274,450.28 CNY, compared to 426,610,594.00 CNY in the previous year, showing a slight increase[36] - Cash flow from investment activities included $597,000,000.00 received from investment recoveries, down from $727,000,000.00[39] - The company reported a cash inflow of $104,733,060.71 from other investment-related activities, compared to $100,000,000.00 last year[39]