SMTC(SH:600822)2018-04-27 16:00Financial Performance - Net profit attributable to shareholders rose by 40.51% to CNY 16,223,891.48 year-on-year[5] - Operating revenue increased by 11.47% to CNY 1,811,585,362.40 compared to the same period last year[5] - Basic earnings per share rose by 40.34% to CNY 0.0327 per share[5] - The company reported a net profit excluding non-recurring items of CNY 13,046,359.48, reflecting a year-on-year increase of 27.06%[5] - Net profit for Q1 2018 reached CNY 18,480,267.50, compared to CNY 13,927,237.35 in the previous year, marking a growth of 32.66%[23] - Net profit for Q1 2018 was CNY 3,186,146.34, compared to CNY 1,240,689.51 in the same period last year, representing a year-over-year increase of approximately 156.5%[26] - Total comprehensive income for Q1 2018 was CNY 2,530,278.84, compared to CNY 1,158,706.07 in Q1 2017, marking an increase of about 118.5%[26] Assets and Liabilities - Total assets increased by 4.53% to CNY 2,131,864,560.25 compared to the end of the previous year[5] - The company’s total assets increased to ¥2,131,864,560.25, up from ¥2,039,512,491.85 at the end of the previous year[16] - The total liabilities as of March 31, 2018, were CNY 323,866,509.74, compared to CNY 321,384,217.10 at the start of the year[21] - The total equity attributable to shareholders of the parent company was CNY 494,412,281.67, up from CNY 491,882,002.83[21] Cash Flow - Net cash flow from operating activities improved by 117.51% to CNY 61,773,158.48, a significant recovery from a negative cash flow in the previous year[5] - Cash received from operating activities decreased by 49.49% to ¥32,599,923.45 compared to ¥64,547,652.40 in the same period last year, mainly due to a reduction in prepayments[12] - Operating cash flow for Q1 2018 was CNY 61,773,158.48, a significant improvement from a negative cash flow of CNY -352,737,904.87 in the previous year[29] - The net cash flow from investing activities for Q1 2018 was CNY 14,991,039.77, compared to CNY 6,533,448.01 in the previous year, reflecting an increase of approximately 129.5%[30] - The net cash flow from financing activities was 4,442,226.62, compared to 5,150,520.57 in the previous period, showing a decrease in cash inflow from financing[33] Shareholder Information - The total number of shareholders reached 61,026, with 46,260 holding A shares and 14,766 holding B shares[9] - The largest shareholder, Bailian Group Co., Ltd., holds 48.10% of the shares, totaling 238,575,962 shares[9] Expenses and Costs - Total operating costs for Q1 2018 were CNY 1,796,518,695.94, up from CNY 1,618,804,951.50, reflecting a year-over-year increase of 10.98%[23] - The company’s income tax expense increased by 44.54% to ¥3,216,783.01, reflecting higher profits[11] - The total operating expenses for Q1 2018 were CNY 2,544,591.32, compared to CNY 2,355,933.19 in Q1 2017, indicating an increase of approximately 8%[25] Non-Recurring Items - Non-recurring gains and losses totaled CNY 3,177,532.00, with significant contributions from government subsidies and asset impairment reversals[7] Other Financial Metrics - The weighted average return on equity increased by 0.71 percentage points to 2.86%[5] - Financial expenses decreased by 48.64% to ¥1,543,782.03 from ¥3,005,705.59 in the same period last year, attributed to reduced financing costs[11] - The company reported an investment income of CNY 5,900,368.58 for Q1 2018, down from CNY 8,425,712.39 in the previous year[23] - The company’s cash and cash equivalents rose to ¥786,637,450.42, compared to ¥622,720,773.97 at the beginning of the year[15]