Maysta Chemical(SH:603041)2018-04-26 16:00Financial Performance - Operating revenue for the first quarter was CNY 79,307,932.58, down 4.28% year-on-year[6]. - Net profit attributable to shareholders was CNY 10,844,899.95, a decline of 37.84% compared to the same period last year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 7,036,034.25, a decrease of 58.21% year-on-year[6]. - Basic and diluted earnings per share were both CNY 0.11, down 45.00% from CNY 0.20 in the previous year[6]. - The weighted average return on equity decreased by 1.71 percentage points to 1.52%[6]. - Total revenue for Q1 2018 was CNY 79,307,932.58, a decrease of 4.5% compared to CNY 82,857,255.07 in the previous year[23]. - Net profit for Q1 2018 was CNY 10,844,899.95, down 37.8% from CNY 17,446,513.45 in Q1 2017[24]. - Basic and diluted earnings per share for Q1 2018 were both CNY 0.11, compared to CNY 0.20 in the previous year[25]. - The total profit for Q1 2018 was 8,298,370.21 CNY, a decrease from 11,968,505.94 CNY in the same period last year, representing a decline of approximately 30.5%[29]. - The net profit for Q1 2018 was 7,148,938.82 CNY, down from 10,180,813.30 CNY year-over-year, indicating a decrease of about 29.9%[29]. Cash Flow - Cash flow from operating activities was negative at CNY -15,343,023.48, compared to CNY -1,864,109.47 in the same period last year[6]. - Cash inflow from operating activities totaled 67,308,528.03 CNY, compared to 46,635,932.85 CNY in the previous year, reflecting an increase of approximately 44.2%[32]. - Cash outflow from operating activities was 82,651,551.51 CNY, up from 48,500,042.32 CNY, resulting in a net cash flow from operating activities of -15,343,023.48 CNY, worsening from -1,864,109.47 CNY last year[32]. - The company received 1,097,236.05 CNY in cash related to other operating activities, compared to 209,915.34 CNY in the previous year, reflecting an increase of about 423.5%[32]. - Cash received from operating activities increased by 422.70% to ¥1,097,236.05, driven by interest income and government subsidies[12]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 795,273,962.37, a decrease of 0.78% compared to the end of the previous year[6]. - Total assets decreased to ¥795,273,962.37 from ¥801,494,816.97, reflecting a slight decline[17]. - Total liabilities decreased to ¥76,108,399.18 from ¥93,174,153.73, indicating improved financial health[18]. - Current assets totaled CNY 522,143,361.43, a slight decrease from CNY 526,715,994.72 at the start of the year[21]. - Accounts receivable increased by 30.07% to ¥55,077,178.66 compared to the previous year[12]. - Accounts receivable rose to CNY 25,954,823.19, up 67.5% from CNY 15,498,976.51 at the start of the year[20]. - Owner's equity increased to CNY 692,288,670.89 from CNY 685,139,732.07, reflecting a growth of 1.0%[22]. - Total liabilities decreased to CNY 38,526,116.01 from CNY 44,494,439.61 at the beginning of the year, a reduction of 13.4%[22]. Investments and Financial Activities - Investment income increased by 473.55% to ¥3,942,134.90, mainly due to higher financial returns[12]. - Cash inflow from investment activities was 80,903,698.63 CNY, significantly higher than 25,062,328.77 CNY in the previous year, marking an increase of about 223.1%[32]. - The net cash flow from investment activities was 38,677,309.62 CNY, compared to -3,433,446.73 CNY in the same period last year, showing a substantial improvement[32]. - The net cash flow from financing activities was -80,668.70 CNY, a decrease from 268,643,209.21 CNY in the previous year, indicating a significant reduction in financing activities[33]. Shareholder Information - The total number of shareholders at the end of the reporting period was 11,331[9]. - The largest shareholder, Shunde District, holds 53.48% of the shares, totaling 53,475,000 shares[10].