SCMC(SH:600984)2018-04-27 16:00Financial Performance - Operating revenue for the first quarter reached CNY 343,344,153.84, a growth of 35.57% year-on-year[7] - Net profit attributable to shareholders was CNY -6,146,208.21, showing an improvement from CNY -10,174,545.89 in the same period last year[7] - Basic and diluted earnings per share were both CNY -0.0097, showing a slight improvement from CNY -0.0160 in the previous year[7] - The company reported a net loss of CNY 6,468.40 for Q1 2018, compared to a net loss of CNY 4,463,400.94 in Q1 2017[28] - The total comprehensive income for Q1 2018 was a loss of ¥7,586,553.20, compared to a loss of ¥998,913.31 in Q1 2017[31] - The company's operating profit for Q1 2018 was a loss of ¥5,593,408.88, compared to a profit of ¥1,347,758.50 in the same period last year[31] Cash Flow - Cash flow from operating activities was CNY -53,162,526.10, compared to CNY -24,410,256.18 in the previous year, indicating a decline[7] - Net cash flow from operating activities was -¥53,162,526.10, a 117.79% decline year-on-year[14] - Operating cash inflow totaled CNY 72,994,099.33, up from CNY 46,223,681.46 in the previous period, representing a 57.6% increase[36] - Net cash flow from operating activities was negative at CNY -51,569,044.34, compared to CNY -2,423,284.83 in the prior period[36] - Cash inflow from financing activities was CNY 190,000,000.00, compared to CNY 95,573,112.50 in the previous period, indicating a 98.7% increase[36] - Cash outflow for purchasing goods and services increased significantly to CNY 59,285,068.23 from CNY 10,775,607.12, marking a 450.5% rise[36] Assets and Liabilities - Total assets increased by 4.12% to CNY 6,787,942,354.02 compared to the end of the previous year[7] - Current liabilities totaled CNY 2,928,901,281.74, an increase of 9.6% from CNY 2,672,740,871.05 at the beginning of the year[24] - The total liabilities amounted to CNY 3,572,138,348.47, up from CNY 3,298,354,266.65 at the beginning of the year, reflecting a growth of 8.3%[24] - The total equity attributable to shareholders was CNY 3,210,109,907.40, slightly down from CNY 3,215,867,468.53 at the beginning of the year[24] - The company's inventory increased to CNY 239,394,995.10 from CNY 195,888,586.90, marking a rise of 22.1%[25] Financing Activities - Short-term borrowings rose by 55.37% to CNY 542,100,000.00, indicating increased financing activities[12] - Cash flow from financing activities increased significantly to ¥129,293,505.53, a 1528.08% rise compared to the previous period[14] - The company plans to issue up to 127,352,840 shares to specific investors, with at least 20% subscribed by the controlling shareholder[15] - The company reported cash inflows from financing activities of ¥324,444,000.00, an increase from ¥161,169,884.00 in the same period last year[34] Government Subsidies and Other Income - The company recorded a government subsidy of CNY 382,418.87, which is closely related to its normal business operations[12] - The company received government subsidies, contributing to the increase in other income[13] Sales Performance - Revenue increased due to the rise in tower crane rental income from subsidiary Pangyuan Leasing[13] - Cash received from sales and services rose to ¥426,372,003.23, a 55.75% increase compared to the previous period[14] - The company reported a significant increase in sales cash receipts, totaling ¥426,372,003.23, compared to ¥273,746,602.56 in Q1 2017, indicating improved sales performance[33]