SNAT(SH:600841)2018-04-23 16:00Financial Performance - Operating revenue rose by 37.95% to CNY 1,092,164,296.28 year-on-year[8] - Net profit attributable to shareholders increased by 48.99% to CNY 44,358,224.05 compared to the same period last year[8] - Total operating revenue for the current period reached ¥1,092,164,296.28, a significant increase of 38.0% compared to ¥791,724,075.52 in the previous period[25] - Net profit for the current period was ¥44,115,918.63, representing a 49.2% increase from ¥29,529,515.55 in the previous period[25] - The company reported a total comprehensive income of ¥46,556,356.74, up 54.1% from ¥30,193,886.30 in the previous period[26] - Earnings per share increased to ¥0.05 from ¥0.03, reflecting a growth of 66.7%[26] Cash Flow - Net cash flow from operating activities was CNY 9,069,596.80, a significant recovery from a negative cash flow of CNY -89,448,082.08 in the previous year[8] - Cash flow from operating activities generated a net amount of ¥9,069,596.80, a recovery from a negative cash flow of ¥89,448,082.08 in the prior period[31] - Total cash inflow from operating activities reached RMB 1,026,637,632.21, compared to RMB 594,538,220.40 in Q1 2017, representing a year-over-year increase of approximately 72.8%[35] - Cash outflow for operating activities was RMB 1,022,725,078.89, up from RMB 688,943,253.18 in the previous year, indicating a 48.5% increase[35] - The net increase in cash and cash equivalents for the quarter was RMB 67,807,036.73, compared to RMB 191,052,913.83 in the same quarter last year[36] Assets and Liabilities - Total assets increased by 3.26% to CNY 6,874,985,303.28 compared to the end of the previous year[8] - Current assets rose to CNY 4,980,554,215.57, up from CNY 4,793,343,960.52, indicating an increase of about 3.9%[18] - Total liabilities increased to CNY 3,201,122,553.48 from CNY 3,030,607,086.19, reflecting a growth of approximately 5.6%[19] - Current liabilities totaled CNY 3,059,644,272.72, compared to CNY 2,886,876,509.43, marking an increase of around 6.0%[19] - The company's cash and cash equivalents increased to CNY 2,106,240,518.09 from CNY 2,043,643,267.88, a rise of about 3.1%[18] Shareholder Information - The number of shareholders reached 44,391, with the largest shareholder holding 48.05% of the shares[10] - The company's retained earnings increased to CNY 1,135,426,648.01 from CNY 1,091,068,423.96, reflecting a growth of about 4.1%[19] - Total equity rose to CNY 3,673,862,749.80 from CNY 3,627,306,393.06, representing an increase of approximately 1.3%[19] Expenses and Costs - Sales expenses increased by 42.95% year-on-year, driven by higher sales volumes and anticipated increases in after-sales service costs[13] - Total operating costs amounted to ¥1,101,135,826.41, up 36.5% from ¥806,287,782.81 in the prior period[25] Other Income and Investments - The company received government subsidies amounting to CNY 12,929,296.00, contributing to the increase in net profit[9] - Investment income for the current period was ¥38,497,632.70, slightly up from ¥37,637,757.88 in the previous period[29] - Other income increased significantly to ¥12,929,296.00 from ¥2,600,000.00, marking a growth of 396.5%[29] Market Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[25]