博汇纸业(600966) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 15.88% to CNY 1,716,935,050.85 year-on-year[6] - Net profit attributable to shareholders of the listed company rose by 4.01% to CNY 205,061,730.94[6] - Basic and diluted earnings per share increased by 4.00% to CNY 0.1534[7] - Total operating revenue for Q1 2018 was CNY 1,716,935,050.85, a decrease of 16.0% from CNY 2,041,062,924.25 in the previous period[30] - Net profit for Q1 2018 was CNY 205,164,777.27, slightly down by 0.5% compared to CNY 206,275,800.45 in the same period last year[30] - The net profit attributable to shareholders of the parent company was CNY 205,061,730.94, an increase of 4.6% from CNY 197,159,833.19[32] - Operating profit for Q1 2018 was CNY 271,778,563.63, a slight decrease of 0.3% from CNY 273,659,404.48[30] - The company reported a total profit of CNY 272,033,759.43, down 0.6% from CNY 273,760,918.26 in the previous year[30] Assets and Liabilities - Total assets increased by 8.53% to CNY 14,487,660,802.07 compared to the end of the previous year[6] - Non-current assets totaled CNY 8,352,046,328.44, up from CNY 7,611,781,009.10, indicating an increase of about 9.7%[25] - Current liabilities rose to CNY 8,137,153,593.53 from CNY 7,364,541,044.19, reflecting an increase of approximately 10.5%[25] - Total liabilities reached CNY 9,315,565,053.34, compared to CNY 8,384,230,726.62, marking a growth of around 11.1%[25] - Owner's equity increased to CNY 5,172,095,748.73 from CNY 4,964,979,991.32, showing an increase of about 4.2%[25] Cash Flow - Net cash flow from operating activities decreased by 5.04% to CNY 314,703,683.43 compared to the same period last year[6] - Cash inflow from operating activities for the parent company was ¥687,900,404.66, down from ¥996,683,631.52, a decline of approximately 30.9%[41] - Net cash flow from operating activities for the parent company was ¥92,871,104.53, an increase from ¥72,526,612.09, reflecting a growth of about 28.0%[42] - Cash inflow from investment activities was ¥20,000.00, down from ¥140,000.00, a decrease of approximately 85.7%[40] - Cash outflow for acquiring fixed assets and intangible assets was ¥370,920,777.41, up from ¥325,559,784.60, an increase of about 13.9%[40] Shareholder Information - The number of shareholders reached 88,042 at the end of the reporting period[12] - The largest shareholder, Shandong Bohui Group Co., Ltd., holds 28.84% of the shares, with 345,180,000 shares pledged[12] Current Assets and Receivables - The company's total current assets at the end of the period were CNY 6,135,614,473.63, compared to CNY 5,737,429,708.84 at the beginning of the year[23] - The company's accounts receivable decreased to CNY 478,205,693.00 from CNY 573,441,363.02, indicating a decline of about 16.6%[27] - The company's receivable interest at the end of the period was CNY 1,710,225.11, an increase of 517.32% compared to the beginning of the year, mainly due to an increase in interest receivable from deposits[15] Inventory and Current Assets - The company's inventory at the end of the period was CNY 1,769,149,324.72, compared to CNY 1,621,524,400.80 at the beginning of the year[23] - Inventory increased to CNY 554,345,115.40 from CNY 531,297,528.94, reflecting a growth of approximately 4.3%[27] - Other current assets at the end of the period amounted to CNY 98,177,683.15, reflecting a 139.23% increase from the beginning of the year, primarily due to an increase in input tax credits from equipment purchases[15] Financing Activities - The net cash flow from financing activities for Q1 2018 was CNY 12,258,977.89, a 117.77% increase year-on-year, primarily due to an increase in cash received from borrowings[17] - Cash outflow from financing activities increased to ¥2,957,264,015.39 from ¥2,128,729,756.26, representing an increase of about 39.0%[40] - Cash outflow for purchasing goods and services was ¥1,225,907,917.91, compared to ¥1,455,535,140.46, indicating a reduction of approximately 15.7%[39] Other Income and Expenses - The company's other income for Q1 2018 was CNY 1,653,488.93, an increase of 66.15% year-on-year, mainly due to a change in accounting policy that classified government subsidies related to daily activities as other income[16] - The company experienced a decrease in sales expenses to CNY 75,607,281.77, down 29.4% from CNY 107,211,595.94[30] - Management expenses increased to CNY 45,606,793.75, up 19.5% from CNY 38,148,610.94[30]