Cynda(SH:603086)2018-04-18 16:00Financial Performance - Operating revenue for the period reached CNY 311,983,427.51, reflecting a growth of 10.63% year-on-year[6] - Net profit attributable to shareholders of the listed company was CNY 27,877,409.94, up 16.12% from the same period last year[6] - Basic earnings per share decreased by 12.20% to CNY 0.36 compared to CNY 0.41 in the same period last year[6] - The company reported non-operating income of CNY 1,014,911.18, which includes government subsidies and other income[8] - Total operating revenue for Q1 2018 was CNY 311,983,427.51, an increase of 10.7% compared to CNY 282,007,805.98 in the same period last year[23] - Net profit for Q1 2018 reached CNY 28,857,593.86, representing a 16.4% increase from CNY 24,687,726.92 in Q1 2017[24] - The company’s total comprehensive income for Q1 2018 was CNY 28,857,593.86, an increase from CNY 24,687,726.92 in Q1 2017[24] Assets and Liabilities - Total assets increased by 3.42% to CNY 1,420,874,273.20 compared to the end of the previous year[6] - Total liabilities increased to ¥269,890,124.19 from ¥255,816,111.37, indicating a rise in financial obligations[16] - Total assets increased to ¥1,420,874,273.20 from ¥1,373,946,889.71, reflecting overall growth[15] - Total liabilities as of Q1 2018 amounted to CNY 189,751,492.28, compared to CNY 131,349,940.91 in the same period last year, reflecting a significant increase[20] - The company’s total current liabilities increased to CNY 182,462,930.48 from CNY 123,992,613.59 year-over-year[19] Cash Flow - Cash flow from operating activities improved significantly, with a net cash flow of -CNY 16,910,034.00, a 72.35% increase compared to the previous year[6] - The cash inflow from operating activities for Q1 2018 was CNY 254,539,442.72, an increase of 35.4% compared to CNY 187,864,464.09 in the previous period[29] - The net cash flow from operating activities was negative at CNY -16,910,034.00, an improvement from CNY -61,162,772.17 in the same period last year[29] - The cash inflow from sales of goods and services was CNY 236,188,484.84, up from CNY 182,962,743.45 in the previous period[29] - The company reported a cash outflow of CNY 25,535,156.28 for employee payments, a decrease from CNY 27,893,759.00 in the previous period[29] Shareholder Information - The total number of shareholders reached 8,403 at the end of the reporting period[9] - The largest shareholder, Wang Xianquan, holds 33.52% of the shares, totaling 26,812,291 shares[9] Investments and Other Assets - Cash and cash equivalents decreased by 72.84% to ¥116,001,563.59 from ¥427,054,980.88 due to the investment of raised funds in financial products[11] - Accounts receivable decreased by 88.29% to ¥8,150,000.00 from ¥69,599,111.89 as a result of payment for goods via notes[11] - Inventory increased by 35.58% to ¥421,814,407.38 from ¥311,123,902.39 to prepare for domestic sales[11] - Other current assets increased by 209.77% to ¥222,259,657.77 from ¥71,748,811.35 due to the investment of raised funds in financial products[11] - Other receivables increased significantly to ¥111,694,172.15 from ¥783,704.96, attributed to a deposit for land purchase[11] - Prepayments increased by 58.03% to ¥93,289,362.38 from ¥59,033,003.06 due to increased advance payments for material purchases[11] - Deferred tax assets decreased by 33.32% to ¥5,932,418.36 from ¥8,896,846.38 due to the payment of accrued environmental fees during the reporting period[11] Operational Costs - Total operating costs for Q1 2018 were CNY 274,975,993.83, up 9.3% from CNY 251,521,483.49 in Q1 2017[23]