TECHMATION(SH:603015)2018-04-27 16:00Financial Performance - Operating revenue for the period was CNY 191,898,273.81, an increase of 8.62% year-on-year[6] - Net profit attributable to shareholders was CNY 25,754,029.96, representing a year-on-year increase of 17.26%[6] - Basic earnings per share rose by 20.00% to CNY 0.06[6] - The company reported a net profit of CNY 339,415,605.42, up from CNY 313,661,575.46, indicating a growth of about 8.2% in retained earnings[21] - Net profit for Q1 2018 reached CNY 23,855,629.06, up 6.5% from CNY 22,407,870.39 in Q1 2017[26] - Operating profit for Q1 2018 was CNY 24,992,054.42, reflecting a growth of 8.0% from CNY 23,134,970.03 in the previous year[26] - The company reported a gross profit margin of approximately 37.5% in Q1 2018, compared to 32.1% in Q1 2017[25] Cash Flow - Net cash flow from operating activities improved significantly to CNY 8,591,977.52, a 122.32% increase compared to the same period last year[6] - Cash inflow from operating activities was CNY 194,608,824.54, a significant increase from CNY 129,435,751.54 in the same quarter last year[29] - The net cash flow from operating activities for Q1 2018 was ¥8,591,977.52, a significant improvement compared to a net outflow of ¥38,491,468.58 in the same period last year[30] - The net cash flow from financing activities was ¥4,230,484.56, a decrease from ¥24,625,815.35 in the previous year[30] - The company experienced a net increase in cash and cash equivalents of ¥42,342,589.55 for Q1 2018, compared to a net decrease of ¥18,723,945.91 in Q1 2017[30] Assets and Liabilities - Total assets increased by 1.55% to CNY 1,592,288,016.79 compared to the end of the previous year[6] - Current assets totaled CNY 1,160,444,785.75, up from CNY 1,142,256,263.40, indicating an increase of about 1.9%[21] - Total liabilities decreased to CNY 357,139,126.45 from CNY 367,690,888.84, a reduction of about 2.5%[20] - Long-term equity investments increased by 70.96% to ¥9,572,877.34 as a result of the investment in Dongguan Zhiying Company[11] - Cash and cash equivalents rose to CNY 216,724,212.84 from CNY 163,058,761.31, reflecting a significant increase of approximately 33%[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 25,351[9] - The largest shareholder, RED FACTOR LIMITED, holds 59.28% of the shares and has pledged 72,400,000 shares[9] - Shareholders' equity rose to CNY 1,235,148,890.34 from CNY 1,200,256,572.03, an increase of approximately 2.9%[21] Investment Activities - Cash flow from investing activities surged by 3855.88% to ¥40,479,090.76, primarily due to new foreign investments and the acquisition of long-term assets[13] - The company reported non-recurring gains of CNY 1,500,777.97 for the period[8] - The company received cash from investment recoveries amounting to ¥115,000,000.00, down from ¥230,000,000.00 in the previous year[32] Cost Management - Financial expenses decreased by 63.27% to ¥2,842,431.42, mainly due to exchange rate fluctuations[11] - The company reported a decrease in financial expenses to CNY 2,842,431.42 in Q1 2018 from CNY 7,739,618.45 in the previous year[25] - The company reported a 72.53% decrease in asset impairment losses to ¥946,587.24, reflecting improved collection of accounts receivable compared to the previous year[11] Future Outlook - The company plans to expand its market presence and invest in new technologies to drive future growth[21] - The company’s net profit guidance for the upcoming period remains stable, with no significant changes expected compared to the previous year[16]