恒立液压(601100) - 2018 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 163.53% to CNY 156,778,123.45 year-on-year[6] - Operating revenue rose by 74.38% to CNY 970,434,837.45 compared to the same period last year[6] - The net cash flow from operating activities improved by 131.93% to CNY 22,147,144.32 from a negative cash flow in the previous year[6] - Basic and diluted earnings per share increased by 150.00% to CNY 0.25[6] - Net profit surged by 165.16% to ¥156,868,273.43, driven by increased product sales and improved competitiveness[15] - Operating revenue grew by 74.38% to ¥970,434,837.45, attributed to a sustained upturn in downstream industries[15] - The company reported a net profit margin improvement, with operating income significantly outpacing the growth in operating costs[28] - The net profit for Q1 2018 reached ¥156,868,273.43, up 165.5% from ¥59,159,070.19 in Q1 2017[30] - The total profit for Q1 2018 was ¥180,848,015.74, compared to ¥72,540,500.01 in Q1 2017, marking an increase of 148.5%[29] Assets and Liabilities - Total assets increased by 5.63% to CNY 6,502,501,354.06 compared to the end of the previous year[6] - Accounts receivable increased by 41.65% to ¥619,460,921.37 due to significant sales growth[13] - Prepayments rose by 38.63% to ¥194,856,220.63, primarily due to increased material procurement related to expanded production capacity[13] - Non-current assets totaled ¥2,626,998,966.93, an increase from ¥2,542,176,798.98 at the beginning of the year, reflecting a growth of 3.4%[25] - Total assets amounted to ¥5,759,297,017.66, compared to ¥5,494,267,815.41 at the start of the year, indicating a growth of 4.8%[26] - Current liabilities increased to ¥1,541,007,831.48 from ¥1,413,779,023.48, representing a rise of 9.0%[25] - Total liabilities reached ¥1,622,081,149.56, up from ¥1,498,936,285.57, marking an increase of 8.2%[26] - The company's equity attributable to shareholders rose to ¥4,137,215,868.10 from ¥3,995,331,529.84, reflecting a growth of 3.5%[26] Cash Flow - The cash flow from operating activities was ¥764,823,041.81, an increase from ¥510,398,004.62 in the previous year[35] - Operating cash inflow for Q1 2018 was CNY 768,264,678.66, an increase from CNY 511,531,736.71 in the previous period, reflecting a growth of approximately 50.1%[36] - Net cash flow from operating activities was CNY 22,147,144.32, a significant improvement compared to a net outflow of CNY 69,362,551.01 in the same period last year[36] - Cash inflow from investment activities totaled CNY 354,270,461.39, up from CNY 285,124,881.45, marking an increase of about 24.3%[36] - Cash inflow from financing activities was CNY 213,000,000.00, down from CNY 284,568,623.31, indicating a decline of approximately 25.1%[37] - Total cash and cash equivalents at the end of the period reached CNY 1,113,789,024.74, compared to CNY 877,524,501.69 at the end of the previous period, reflecting an increase of about 26.9%[37] Shareholder Information - The number of shareholders reached 12,366 at the end of the reporting period[9] - The top shareholder, Changzhou Hengyi Fluid Technology Co., Ltd., holds 37.96% of the shares[9] Government Subsidies and Non-recurring Items - The company received government subsidies amounting to CNY 6,963,294.02 during the reporting period[8] - Non-recurring losses totaled CNY -18,493,737.80, primarily due to foreign exchange losses[8] Inventory and Other Receivables - The company’s inventory reached ¥858,079,123.91, up from ¥820,841,073.75, indicating a slight increase in stock levels[20] - Other receivables increased by 69.45% to ¥9,784,380.18, mainly due to the consolidation of Hattori Seiko in Japan[13]