RT(SH:603036)2018-04-26 16:00Financial Performance - Operating revenue for the period was ¥41,782,968.54, reflecting a decrease of 2.15% year-on-year[6] - Net profit attributable to shareholders was ¥1,628,810.91, down 69.22% from the previous year[6] - Basic earnings per share decreased by 33.33% to ¥0.02 from ¥0.03 in the previous year[6] - Operating profit decreased by 62.56% from CNY 6,630,251.86 to CNY 2,482,455.50 primarily due to increased exchange losses[12] - Net profit decreased by 29.82% from CNY 5,827,944.97 to CNY 4,090,317.94 attributed to the decline in operating profit[12] - Total profit decreased by 35.09% from CNY 7,271,806.16 to CNY 4,719,785.50 due to the decrease in operating profit[12] - The company's net profit for the period was not explicitly stated, but the increase in costs suggests potential pressure on profitability[20] - The net profit for Q1 2018 was CNY 4,604,064.86, down 33.2% from CNY 6,903,626.53 in the same period last year[24] - The operating profit decreased to CNY 3,002,032.42, a decline of 60.1% from CNY 7,677,123.77 in the previous year[23] - The total comprehensive income for Q1 2018 was CNY 4,604,064.86, down from CNY 6,903,626.53 in the previous year[24] Cash Flow - Cash flow from operating activities showed a net outflow of ¥14,432,217.92, a significant decline of 1,604.30% compared to the same period last year[6] - Cash flow from operating activities showed a net outflow of CNY 14,432,217.92 compared to a net inflow of CNY 959,394.05 in the previous period, primarily due to increased cash payments for raw materials[12] - The company reported a net cash outflow from operating activities of CNY -14,432,217.92, compared to a positive cash flow of CNY 959,394.05 in the previous year[25] - Total cash inflow from operating activities was 42,460,849.82 RMB, down from 46,422,142.25 RMB year-over-year, reflecting a decline of approximately 6.3%[28] - Cash outflow from operating activities increased to 55,866,114.63 RMB, compared to 43,764,948.01 RMB in the previous year, marking an increase of about 27.7%[28] - The net cash flow from investing activities was -310,259,662.97 RMB, a substantial increase from -2,140,835.00 RMB in the prior year, indicating a significant rise in investment expenditures[29] - The company had a total cash outflow from investment activities of CNY 341,304,347.65, compared to CNY 2,755,165.00 in the previous year[25] - The net cash flow from financing activities was -5,300,000.00 RMB, reflecting cash outflows related to financing activities[29] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,076,777,705.52, a 0.31% increase compared to the end of the previous year[6] - Cash and cash equivalents decreased by 62.07% from CNY 571,721,172.76 to CNY 216,829,785.91 due to the purchase of bank wealth management products[11] - Accounts receivable increased by 38.80% from CNY 23,390,706.85 to CNY 32,466,045.85 due to the increase in acceptance bill recoveries[11] - Prepayments increased by 118.09% from CNY 3,420,293.13 to CNY 7,459,364.93 due to increased advance payments to suppliers[11] - Other receivables decreased by 65.16% from CNY 2,455,970.22 to CNY 855,638.68 due to intensified collection efforts[11] - Total liabilities decreased to CNY 79,574,528.45 from CNY 84,529,990.53, showing a reduction in financial obligations[19] - Shareholders' equity increased to CNY 997,203,177.07 from CNY 988,880,670.13, reflecting a stable capital position[19] Shareholder Information - The total number of shareholders at the end of the reporting period was 26,047[9] - The largest shareholder, Cao Caihong, holds 14.79% of the shares, totaling 30,069,752 shares[9] Other Financial Metrics - Non-recurring gains and losses amounted to ¥2,499,650.04 after tax adjustments[10] - The weighted average return on equity fell by 0.19 percentage points to 0.42%[6] - The company reported a significant increase in management expenses to CNY 4,175,892.20 from CNY 6,526,618.31 in the previous year[23] - The company incurred financial expenses of CNY 3,291,063.08, a significant increase compared to a financial income of CNY -1,597,238.61 in the previous year, indicating rising borrowing costs[20] - Deferred income decreased slightly to CNY 26,409,099.57 from CNY 26,931,132.63, suggesting stable revenue recognition practices[19] - The impact of exchange rate changes on cash and cash equivalents was -3,387,010.28 RMB, compared to -264,355.54 RMB in the same period last year[29] - The total cash and cash equivalents decreased by 327,051,938.06 RMB during the quarter, compared to a decrease of 5,047,996.30 RMB in the previous year[29]