HFM(SH:603011)2018-04-27 16:00Financial Performance - Operating revenue decreased by 1.71% to CNY 170,457,927.92 year-on-year[6] - Net profit attributable to shareholders increased by 31.89% to CNY 9,570,388.01 compared to the same period last year[6] - Basic earnings per share rose by 50.00% to CNY 0.03[6] - The company's operating revenue for Q1 2018 was 170.46 million yuan, a decrease of 2.97 million yuan compared to the same period last year, primarily due to a reduction in hydraulic press and machine press business by 19.16 million yuan[13] - The net profit for Q1 2018 was 12.26 million yuan, an increase of 3.39 million yuan year-on-year, mainly driven by an increase of 3.81 million yuan in color sorting machine business[13] - Total operating revenue for Q1 2018 was CNY 170,457,927.92, a decrease of 0.56% from CNY 173,424,733.60 in the previous year[25] - Net profit for Q1 2018 reached CNY 12,258,373.92, representing a significant increase of 38.00% compared to CNY 8,871,785.09 in Q1 2017[26] Assets and Liabilities - Total assets increased by 2.02% to CNY 2,244,491,195.38 compared to the end of the previous year[6] - The total assets as of March 31, 2018, were 2.24 billion yuan, an increase from 2.20 billion yuan at the end of the previous period[19] - The total liabilities as of March 31, 2018, were 534.79 million yuan, an increase from 502.53 million yuan at the end of the previous period[20] - The company's total assets amounted to CNY 1,979,239,264.92, an increase from CNY 1,947,274,216.12 year-over-year[24] - Total liabilities increased to CNY 386,908,905.08, compared to CNY 355,436,487.23 in the previous year, reflecting a rise of 8.00%[24] - The company's total equity stood at CNY 1,592,330,359.84, slightly up from CNY 1,591,837,728.89 in the previous year[24] Cash Flow - Cash flow from operating activities showed a loss of CNY 61,090,452.04, worsening by 6.51% compared to the previous year[6] - Cash inflow from operating activities totaled 191,425,772.05, compared to 150,294,340.11 in the previous year, reflecting an increase of approximately 27.4%[32] - The net cash flow from operating activities was -61,090,452.04, slightly worse than -57,356,751.61 in the same period last year[32] - Cash inflow from investment activities was 167,378,769.61, down from 233,842,352.44, showing a decrease of about 28.3%[32] - The net cash flow from investment activities was 42,971,405.20, an increase from 34,264,046.56 year-over-year[33] - Cash inflow from financing activities was 77,777,280.00, significantly higher than 20,000,000.00 in the previous year, marking an increase of approximately 288.9%[33] - The net cash flow from financing activities was 20,025,606.69, compared to 18,626,403.57, indicating a slight increase of about 7.5%[33] - The ending cash and cash equivalents balance was 20,237,509.50, up from 53,788,237.06, reflecting a decrease of approximately 62.5%[33] Shareholder Information - The total number of shareholders reached 17,582[10] - The largest shareholder, Yan Jianwen, holds 33.27% of the shares, totaling 148,438,422 shares[10] Other Financial Metrics - Government subsidies recognized in the current period amounted to CNY 1,676,851.52[9] - The company reported a total of non-recurring gains and losses of CNY 2,687,985.91[9] - Prepayments increased by 31.52% to 59.98 million yuan, primarily due to an increase in advance payments for materials[13] - Other receivables rose by 42.16% to 11.11 million yuan, mainly due to an increase in bid guarantee deposits[13] - Employee compensation payable decreased by 67.70% to 4.90 million yuan, primarily due to bonuses accrued in the previous period being paid out in the current period[13] - Tax payable decreased by 34.18% to 6.12 million yuan, mainly due to a reduction in taxes payable for the current period[13] - Sales expenses increased by 42.69% to 24.12 million yuan, primarily due to an increase in installation service fees[13] - Other income surged by 713.00% to 4.05 million yuan, mainly due to an increase in government subsidies and tax refunds received[13]