宁波精达(603088) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue rose by 13.39% to CNY 74,309,867.95 year-on-year[6] - Net profit attributable to shareholders increased by 25.97% to CNY 8,147,853.18 compared to the same period last year[6] - Basic earnings per share improved by 22.22% to CNY 0.11[6] - Total operating revenue for Q1 2018 was CNY 74,309,867.95, an increase of 13.6% compared to CNY 65,533,870.04 in the same period last year[25] - Net profit for Q1 2018 reached CNY 9,007,738.44, representing a 38.0% increase from CNY 6,525,443.82 in Q1 2017[25] - The company's total equity as of March 31, 2018, was CNY 502,619,418.68, up from CNY 493,527,423.52, indicating an increase of 1.8%[22] - The company reported a profit margin of approximately 12.1% for Q1 2018, compared to 9.9% in Q1 2017[25] - The total profit for Q1 2018 was CNY 10,754,259.37, an increase of 17.6% from CNY 9,146,537.25 in Q1 2017[28] Assets and Liabilities - Total assets increased by 5.52% to CNY 768,733,111.20 compared to the end of the previous year[6] - Total liabilities increased to CNY 260,964,197.64 from CNY 232,297,271.81, marking a rise of 12.4%[22] - Accounts receivable increased by 32.43% to ¥89,436,156.76 from ¥67,534,259.62 due to increased revenue[12] - Prepayments surged by 362.24% to ¥9,580,199.77 from ¥2,072,571.38, attributed to higher material procurement payments[12] - Other receivables rose by 54.41% to ¥5,152,529.74 from ¥3,336,869.00, driven by increased prepayments for collaborative R&D with educational institutions[12] - Construction in progress increased by 68.90% to ¥8,125,779.86 from ¥4,810,935.43, reflecting growth in engineering construction and equipment installation[12] Cash Flow - Cash flow from operating activities decreased by 136.58% to a negative CNY 3,807,815.54 compared to the previous year[6] - Cash and cash equivalents decreased to CNY 101,351,503.36 from CNY 106,674,968.92, a decline of 5.0%[20] - Cash flow from operating activities showed a net outflow of CNY -3,807,815.54, a decrease from a net inflow of CNY 10,408,623.08 in the same period last year[32] - Cash inflow from investment activities was CNY 25,971,791.50, down 66.1% from CNY 76,823,016.31 year-over-year[35] - Net cash flow from investment activities was negative CNY 2,492,953.57, an improvement from negative CNY 8,778,275.29 in the previous year[35] Shareholder Information - The total number of shareholders reached 9,404 at the end of the reporting period[10] - The largest shareholder, Ningbo Forming Holdings Co., Ltd., holds 33.08% of the shares[10] Other Financial Metrics - The weighted average return on equity increased by 0.24 percentage points to 1.76%[6] - Financial expenses skyrocketed by 3313.85% to ¥3,465,877.05 from ¥101,523.96, primarily due to increased foreign exchange losses[12] - Investment income decreased by 70.50% to ¥33,791.50 from ¥114,544.26, linked to reduced bank wealth management product purchases[12] - Employee compensation payable decreased by 39.99% to ¥9,288,098.64 from ¥15,476,511.75, due to the distribution of last year's year-end bonuses[12]