FIRMACO(SH:600967)2018-04-27 16:00Financial Performance - Operating income for the period was CNY 1.54 billion, a slight increase of 0.35% year-on-year[6] - Net profit attributable to shareholders decreased by 13.22% to CNY 60.37 million compared to the same period last year[6] - Basic earnings per share decreased by 12.20% to CNY 0.036[6] - The company reported a net profit increase of 75.19%, with minority interests contributing to ¥343,394.11 compared to ¥196,012.26 in the previous year[14] - Net profit for the current period is approximately ¥60.71 million, down from ¥69.76 million, indicating a decrease of 13.5%[28] - The operating profit decreased to approximately ¥67.96 million from ¥71.14 million, a decline of 4.8%[27] Cash Flow - Cash flow from operating activities increased significantly by 84.67% to CNY 1.21 billion compared to the previous year[6] - The net cash flow from operating activities was ¥1,211,173,519.89, an increase of 84.67% compared to ¥655,848,711.12 in the previous year[15] - The company reported a net cash flow from operating activities of CNY 1,395,299,788.10, an increase of 110.8% compared to CNY 662,533,801.20 in the previous period[36] - Total cash inflow from operating activities was CNY 3,520,979,995.64, up from CNY 2,707,880,565.30, reflecting strong sales growth[36] - Cash outflow for purchasing goods and services was CNY 1,843,569,720.44, compared to CNY 800,071,216.23 in the previous period, indicating increased operational costs[36] Assets and Liabilities - Total assets increased by 9.50% to CNY 19.90 billion compared to the end of the previous year[6] - Total liabilities increased to CNY 11,966,988,763.80 from CNY 10,306,829,808.53, marking an increase of approximately 16.09%[20] - Current liabilities rose to CNY 11,306,163,731.26 from CNY 9,687,301,953.66, reflecting a growth of about 16.66%[20] - The total amount of advance receipts grew by 58.39% to ¥5,242,988,497.52 from ¥3,310,208,031.82[14] - The total non-current assets amounted to CNY 5,650,934,814.36, slightly down from CNY 5,667,405,549.90, a decrease of about 0.29%[23] Shareholder Information - The number of shareholders reached 42,171 by the end of the reporting period[11] - The largest shareholder, Inner Mongolia First Machinery Group, holds 51.68% of the shares[11] Expenses and Income - Financial expenses surged by 836.75% to -¥37,521,884.57 from -¥4,005,544.40, indicating a significant increase in interest payments[14] - Other income decreased to approximately ¥106.11 thousand from ¥2 million, a decline of 94.7%[27] - The company did not receive any government subsidies during the reporting period, leading to a 94.69% decrease in other income[14] Investments - The company’s investment activities generated a net cash flow of -¥20,308,649.54, a significant improvement from -¥95,106,390.99 in the previous year[15] - The company invested CNY 24,319,870.25 in fixed assets, down from CNY 33,809,201.61 in the previous period, reflecting a decrease in capital expenditures[36] - The company received CNY 504,171.00 from other investment activities, a decrease from CNY 17,135,780.62 in the previous period[36] Inventory and Receivables - Accounts receivable rose by 43.43% to ¥1,250,002,925.89 compared to ¥871,518,109.66 in the previous year[14] - Inventory increased to CNY 1,695,983,311.70 from CNY 1,374,348,812.09, showing a rise of approximately 23.39%[23] - Prepayments increased significantly by 65.37% to ¥1,760,393,473.33 from ¥1,064,531,796.61[14] - Prepayments rose significantly to CNY 1,618,597,170.39 from CNY 996,631,622.80, indicating a growth of about 62.34%[22]