EBEM(SH:603002)2018-04-26 16:00Financial Performance - Operating revenue rose by 48.85% to CNY 373,499,165.74 year-on-year[8] - Net profit attributable to shareholders increased by 109.43% to CNY 19,928,285.20 compared to the same period last year[8] - Basic earnings per share increased by 113.33% to CNY 0.032 per share[8] - The operating profit for the period was ¥26,239,287.45, compared to ¥9,430,445.79 in the previous year, indicating a year-over-year increase of 77.8%[32] - The total comprehensive income for the period was ¥19,792,627.11, up from ¥9,491,986.85 in the previous year, representing an increase of 108.5%[30] Cash Flow - Cash flow from operating activities surged by 266.18% to CNY 75,230,699.97 year-to-date[8] - The net cash flow from operating activities was ¥75,230,699.97, a substantial rise from ¥20,544,927.29 in the same quarter of the previous year, reflecting an increase of approximately 267.5%[35] - Cash inflow from operating activities totaled CNY 492,050,588.47, up from CNY 264,160,868.60, reflecting a growth of 86.3% year-over-year[37] - Cash outflow from operating activities was CNY 445,974,811.44, compared to CNY 240,030,734.16, representing an increase of 86.0%[37] - The net decrease in cash and cash equivalents for the period was CNY 12,081,539.52, an improvement from a decrease of CNY 47,120,871.32 in the same quarter last year[38] Assets and Liabilities - Total assets increased by 3.52% to CNY 1,709,398,867.32 compared to the end of the previous year[8] - Total liabilities as of March 31, 2018, were CNY 465,983,759.60, slightly down from CNY 468,085,474.75 at the start of the year[27] - Total equity increased to CNY 1,095,109,618.13 as of March 31, 2018, from CNY 1,072,617,365.13 at the beginning of the year[27] - Accounts receivable decreased by 44.38% to ¥115,024,215.70 from ¥206,804,220.82, attributed to increased bill discounting and endorsements[3] - Inventory increased by 40.74% to ¥168,740,471.02 from ¥119,896,289.13, reflecting higher stock levels of raw materials and finished goods[3] Shareholder Information - The total number of shareholders reached 34,891 at the end of the reporting period[10] - The largest shareholder, Epoxy Base Investment Holding Ltd., holds 41.29% of the shares[12] Expenses and Financials - Operating costs rose to ¥323,731,167.57, up 46.17% from ¥221,468,385.12, primarily due to increased unit costs of products[16] - Financial expenses increased by 109.05% to ¥174,230.19, influenced by reduced bank interest income and increased exchange losses[16] - The company reported a significant increase in income tax expenses, which rose by 106.73% to ¥3,916,835.20, reflecting higher gross profit margins[17] - Other payables decreased by 74.45% to ¥24,043,256.06 from ¥94,103,856.57, due to payments made for construction projects[3] Investment Activities - Investment income surged by 628.00% to ¥229,530.14 from ¥31,528.77, due to higher interest income from financial products[17] - The company incurred an asset impairment loss of ¥1,567,585.62 in Q1 2018, compared to ¥384,672.00 in the same period last year, reflecting an increase of 308.5%[32] Company Developments - The company has not disclosed any new product developments or market expansion strategies in this report[4]