胜华新材(603026) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue rose by 29.11% to CNY 1,121,534,849.27 year-on-year[5] - Net profit attributable to shareholders increased by 11.84% to CNY 44,687,899.13 compared to the same period last year[5] - Basic earnings per share increased by 10.00% to CNY 0.22[5] - The company's net profit for the period is expected to show significant changes compared to the previous year, but no specific figures were provided[14] - Net profit for Q1 2017 was ¥54,312,022.66, up 29.2% from ¥42,036,466.99 in Q1 2016[21] - The total profit for Q1 2017 was ¥41,840,334.20, down from ¥43,510,850.94 in the previous year, reflecting a decline of about 3.8%[24] Assets and Liabilities - Total assets increased by 4.87% to CNY 2,308,223,518.24 compared to the end of the previous year[5] - The total assets as of March 31, 2017, amounted to ¥2,308,223,518.24, up from ¥2,201,010,937.36 at the beginning of the year[16] - The total liabilities increased to ¥654,074,288.91 from ¥605,683,743.19, reflecting a rise in short-term borrowings[17] - The total liabilities as of March 31, 2017, were ¥591,750,543.22, up from ¥513,107,180.20, indicating an increase of 15.3%[19] - Current assets increased to ¥765,942,683.01 from ¥666,849,348.66, marking a rise of 14.9%[19] Cash Flow - The net cash flow from operating activities decreased by 105.79% to -CNY 8,382,472.03 compared to the previous year[5] - Cash received from sales and services was ¥1,121,259,927.64, an increase of 8.10% from ¥1,037,228,508.98 in the previous year[11] - The cash flow from operating activities showed a net outflow of ¥8,382,472.03 in Q1 2017, a significant decline from a net inflow of ¥144,736,304.90 in the previous year[25] - Net cash flow from operating activities was $8,950,529.33, a significant decrease from $129,538,017.00 year-over-year[30] - Cash inflow from financing activities reached $124,000,000.00, a substantial increase from $33,860,595.50 year-over-year[30] Shareholder Information - The total number of shareholders reached 35,165 by the end of the reporting period[8] - The largest shareholder, Qingdao Zhongshida Holdings Co., Ltd., holds 28.21% of the shares[8] Inventory and Prepayments - Inventory increased by ¥85,789,313.38, or 27.00%, due to the addition of new production capacity[11] - Prepayments rose by ¥33,639,859.61, or 161.66%, attributed to payments for raw materials[11] - The inventory as of March 31, 2017, was ¥288,445,979.69, an increase from ¥236,211,358.79 at the beginning of the year, showing a growth of 22.1%[19] Operating Costs - The total cost of goods sold for Q1 2017 was ¥1,014,961,190.74, which is an increase of 29.9% from ¥781,065,979.13 in Q1 2016[20] - The company incurred operating costs of ¥941,105,359.72 in Q1 2017, which is an increase from ¥735,894,551.35 in Q1 2016, representing a rise of approximately 27.9%[24] Government Subsidies - The company received government subsidies amounting to CNY 271,539.96, which are closely related to its normal business operations[7] Product Development and Market Strategy - The company has not disclosed any significant new product developments or market expansion strategies in this report[10]