SMC(SH:600823)2018-05-01 16:00Financial Performance - Operating revenue for the period was CNY 2.67 billion, representing a 2.03% increase year-on-year[6] - Net profit attributable to shareholders was CNY 249.05 million, up 1.07% from the previous year[6] - Basic and diluted earnings per share were both CNY 0.0664, reflecting a 1.07% increase year-on-year[6] - The net profit for the quarter was 436 million RMB, representing a year-on-year growth of 9.46%[13] - The net profit attributable to the parent company reached 249 million RMB, with a year-on-year increase of 1.07%[14] - The company's operating profit for Q1 2018 was approximately ¥585.3 million, an increase from ¥548.9 million in the previous year, representing a growth of 6.5%[26] - Net profit for Q1 2018 reached ¥435.7 million, compared to ¥398.0 million in the same period last year, marking a year-over-year increase of 9.4%[26] - The total comprehensive income for Q1 2018 was ¥423.9 million, slightly up from ¥413.5 million in the previous year, indicating a growth of 1.0%[26] Assets and Liabilities - Total assets increased by 3.87% to CNY 95.47 billion compared to the end of the previous year[6] - The company's total assets reached 95.47 billion RMB, an increase from 91.92 billion RMB at the end of the previous period[19] - Total liabilities increased to CNY 60,423,654,987.96 from CNY 57,290,982,133.85, representing a rise of about 3.7%[20] - The company's total equity reached CNY 35,050,832,860.73, compared to CNY 34,626,923,822.59 at the start of the year, indicating a growth of approximately 1.2%[20] - Total assets as of March 31, 2018, amounted to CNY 44,600,718,537.20, up from CNY 42,501,159,441.06 at the beginning of the year, marking an increase of approximately 4.9%[23] Cash Flow - The net cash flow from operating activities was negative CNY 349.77 million, a decrease of 43.23% compared to the same period last year[6] - Operating cash flow for the quarter was -349.77 million RMB, a decrease of 43.23% year-on-year due to increased operational payments[15] - The total cash outflow from operating activities was approximately ¥6.13 billion, slightly up from ¥6.08 billion in the previous year, indicating a marginal increase of 0.8%[31] - The net cash flow from operating activities for Q1 2018 was -2,352,706,598.37 RMB, a significant decrease compared to 10,311,462.00 RMB in the same period last year[33] - Total cash inflow from financing activities was 5,186,000,000.00 RMB, up from 1,843,690,000.00 RMB year-over-year[32] - The net cash flow from financing activities was 2,527,507,882.44 RMB, compared to a negative cash flow of -481,871,409.09 RMB in the previous year[32] - The ending cash and cash equivalents balance increased to 10,878,526,027.99 RMB from 7,379,122,186.80 RMB year-over-year[32] - Cash outflow for operating activities totaled 4,098,157,581.58 RMB, slightly higher than 6,904,379,548.22 RMB in the same period last year[33] Shareholder Information - The total number of shareholders at the end of the reporting period was 61,555[11] - The largest shareholder, Peak Win International Limited, held 43.73% of the shares[11] Other Financial Metrics - The weighted average return on equity decreased by 0.10 percentage points to 1.14%[6] - The company reported a non-operating loss of CNY 2.03 million from the disposal of non-current assets[8] - Government subsidies recognized in the current period amounted to CNY 1.92 million[8] - The company reported a significant increase in financial expenses by 283.19% due to adjustments in financing structure[14] - The company's revenue for Q1 2018 was ¥5.36 billion, down from ¥7.80 billion in the same period last year, reflecting a decrease of 31.0%[28] - Financial expenses for Q1 2018 were approximately ¥183.1 million, up from ¥155.8 million in the previous year, indicating an increase of 17.5%[28] - The company incurred a net loss of approximately ¥150.3 million in Q1 2018, compared to a loss of ¥126.6 million in the same period last year, reflecting a deterioration of 18.7%[29]