Inform(SH:603066)2018-04-27 16:00Financial Performance - Operating revenue for the period was CNY 101,850,801.15, representing a year-on-year increase of 12.58%[6] - Net profit attributable to shareholders of the listed company was CNY 9,321,566.15, a decrease of 10.14% compared to the same period last year[6] - The basic and diluted earnings per share were both CNY 0.039, unchanged from the previous period[6] - Total operating revenue for the current period reached ¥101,850,801.15, an increase of 12.7% compared to ¥90,468,968.51 in the previous period[28] - Net profit for the current period was ¥11,736,552.21, slightly up from ¥11,538,500.57, reflecting a growth of 1.7%[29] - Operating profit decreased to ¥13,349,693.14 from ¥14,191,706.71, a decline of 5.9%[29] - Investment income significantly increased to ¥5,774,404.39 from ¥1,200,222.58, marking a growth of 380.5%[29] Cash Flow - Net cash flow from operating activities was negative CNY 67,864,210.09, a decline of 500.17% compared to the previous year[6] - Cash flow from operating activities was ¥137,158,124.00, an increase from ¥118,999,532.43 in the prior period[35] - The net cash flow from operating activities was -67,864,210.09 RMB, a significant decrease compared to 16,959,048.86 RMB in the previous period, indicating a decline in operational efficiency[36] - The company reported a total cash outflow from operating activities of 214,010,775.32 RMB, compared to 157,360,581.39 RMB in the previous period, indicating higher operational costs[36] - The cash inflow from sales of goods and services was 140,113,109.88 RMB, a slight increase from 135,626,999.64 RMB in the previous period, showing stable revenue generation[38] - The company incurred cash outflows of 166,022,553.48 RMB for purchasing goods and services, significantly higher than 99,350,139.51 RMB in the previous period, indicating increased procurement costs[38] - Total cash inflow from investment activities was 119,063,638.15 RMB, down from 250,662,427.58 RMB in the previous period, reflecting reduced investment recovery[36] - The net cash flow from investment activities was -216,685,423.51 RMB, worsening from -82,681,790.35 RMB in the previous period, highlighting increased cash outflows for investments[36] - The company’s cash flow from investment activities showed a net outflow of -155,344,001.68 RMB, worsening from -54,561,630.63 RMB in the previous period, reflecting a strategic shift towards more capital-intensive investments[39] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,176,839,725.4, a decrease of 0.13% compared to the end of the previous year[6] - Current assets totaled CNY 966,348,126.37, compared to CNY 969,127,384.91 at the start of the year, indicating a decrease of approximately 0.3%[20] - Inventory increased to CNY 252,991,936.30, up from CNY 196,936,871.65, reflecting a growth of about 28.5%[20] - Total liabilities decreased to CNY 290,350,612.76 from CNY 304,735,406.59, a reduction of approximately 4.6%[21] - Owner's equity rose to CNY 886,489,112.67, compared to CNY 873,693,190.83, marking an increase of about 1.4%[22] - The company reported a significant increase in accounts receivable, which stood at CNY 202,382,748.96, down from CNY 211,818,511.97, a decrease of approximately 4.5%[20] - The capital reserve increased to CNY 196,210,621.14 from CNY 195,151,251.51, reflecting a growth of about 0.5%[22] - The company’s total current liabilities were CNY 275,261,057.60, down from CNY 289,471,104.83, indicating a decrease of approximately 4.9%[21] - The total non-current assets were CNY 210,491,599.06, slightly up from CNY 209,301,212.51, showing a marginal increase of about 0.6%[20] - The company’s retained earnings increased to CNY 344,022,683.05 from CNY 332,206,236.66, an increase of approximately 3.4%[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 20,727[10] - Jiangsu Shenghe Investment Co., Ltd. held 45.98% of shares, with 68,100,000 shares pledged[10] - Nanjing Tongfu Investment Center held 9.3% of shares, with 3,950,000 shares pledged[10] - The total number of preferred shareholders and their holdings is not applicable for this report period[13] Restructuring and Future Plans - The company is in the process of a major asset restructuring, planning to acquire 100% equity of Nanjing Huade Storage Equipment Manufacturing Co., Ltd[15] - The stock has been suspended since February 6, 2018, due to the ongoing restructuring process, with expected resumption of trading within one month[15] - The company has committed to timely disclosures regarding the restructuring progress, with updates every five trading days during the suspension period[16] - As of March 31, 2018, the company is conducting due diligence with various advisory firms to finalize the restructuring plan[16] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[29] Financial Risks - Financial expenses surged to ¥2,478,360.23, reflecting a 1719.41% increase due to foreign exchange losses from USD and EUR fluctuations[14] - The impact of exchange rate fluctuations on cash and cash equivalents was -2,733,301.60 RMB, compared to -127,461.89 RMB in the previous period, indicating increased currency risk[37]