QIANHE(SH:603027)2018-04-25 16:00Financial Performance - Operating revenue decreased by 3.01% to CNY 245,352,015.50 year-on-year[6] - Net profit attributable to shareholders increased by 193.18% to CNY 109,949,371.66 compared to the same period last year[6] - Basic earnings per share rose by 44.02% to CNY 0.337 per share[6] - The net profit for the first quarter of 2018 reached RMB 109,949,371.66, representing a 193.18% increase compared to RMB 37,502,135.51 in the previous year[15] - Total operating revenue for the current period is $245.35 million, a decrease of 3.3% from $252.97 million in the previous period[25] - Net profit for the current period reached $109.95 million, up 196.5% from $37.50 million in the previous period[26] - Earnings per share (EPS) increased to $0.337, compared to $0.234 in the previous period, reflecting a growth of 43.9%[26] Asset and Liability Changes - Total assets increased by 18.98% to CNY 1,423,181,050.72 compared to the end of the previous year[6] - Current assets totaled CNY 780,695,360.06, compared to CNY 582,759,251.92, reflecting a year-over-year increase of about 34.0%[20] - Non-current assets amounted to CNY 642,485,690.66, up from CNY 613,367,579.46, indicating a growth of approximately 4.0%[20] - Total liabilities rose to CNY 250,244,678.68 from CNY 133,139,831.00, marking an increase of around 88.0%[20] - Owner's equity increased to CNY 1,172,936,372.04, compared to CNY 1,062,987,000.38, which is an increase of about 10.4%[21] - The total liabilities to equity ratio increased significantly, reflecting a higher leverage position for the company[20] Cash Flow and Investment Activities - Cash flow from operating activities decreased by 30.48% to CNY 51,728,106.70 compared to the previous year[6] - Cash inflow from investment activities surged by 313.15%, totaling RMB 130,758,458.42, primarily from the recovery of short-term financial products and partial transfer payments from subsidiaries[15] - The total cash received from investment activities increased by 253.33%, from RMB 30,000,000.00 to RMB 106,000,000.00, mainly due to the maturity of financial products[15] - The net cash flow from operating activities for Q1 2018 was ¥60,754,751.06, a decrease of 31.4% compared to ¥88,493,110.04 in the previous year[34] - Total cash inflow from investment activities was ¥140,758,458.42, significantly higher than ¥31,632,481.34 in the same period last year[34] - The net cash outflow from investment activities was -¥129,838,316.01, compared to -¥93,664,488.33 in Q1 2017, indicating increased investment expenditures[34] Shareholder Information - The total number of shareholders reached 14,069 at the end of the reporting period[11] - The largest shareholder, Wu Chaoqun, holds 43.53% of the shares[11] Operational Developments - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company initiated a project to expand its production capacity for soy sauce and vinegar, with a total investment of RMB 538 million, expected to be completed in two phases[16] Other Financial Metrics - Cash flow from financing activities generated a net inflow of ¥99,266,708.35, with cash inflow from borrowings amounting to ¥100,000,000.00[35] - The company incurred operating cash outflows totaling ¥167,159,587.48, an increase from ¥140,602,185.19 in Q1 2017[34] - The company reported a total of CNY 513,912,456.98 in undistributed profits, up from CNY 403,963,085.32, indicating an increase of about 27.2%[20] - Cash and cash equivalents reached CNY 75,358,569.54, up from CNY 45,175,426.14, representing a growth of approximately 66.8%[22]