新泉股份(603179) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue surged by 242.55% to CNY 820,417,336.96 year-on-year[6] - Net profit attributable to shareholders increased by 174.71% to CNY 55,086,688.69 compared to the same period last year[6] - Basic earnings per share reached CNY 0.46, up 170.59% from CNY 0.17 in the previous year[6] - The company reported an operating profit of ¥68,484,543.43, up 179.45% from ¥24,507,048.31, driven by increased business volume[13] - Net profit reached ¥55,434,022.10, reflecting a 168.60% increase from ¥20,637,855.32, resulting from the changes in the aforementioned items[14] - Total revenue for Q1 2017 reached ¥820,417,336.96, a significant increase from ¥239,505,519.01 in the same period last year, representing a growth of approximately 242%[24] - Operating profit for Q1 2017 was ¥68,484,543.43, compared to ¥24,507,048.31 in Q1 2016, indicating an increase of about 179%[25] - Net profit attributable to the parent company for Q1 2017 was ¥55,434,022.10, up from ¥20,637,855.32 in Q1 2016, reflecting a growth of approximately 168%[25] - The company reported a total profit of ¥52,032,222.67 for Q1 2017, which is an increase of 330.5% from ¥12,100,028.67 in Q1 2016[27] Assets and Liabilities - Total assets increased by 33.29% to CNY 2,664,029,742.69 compared to the end of the previous year[6] - The company's net assets attributable to shareholders increased by 91.43% to CNY 1,137,233,714.09 compared to the end of the previous year[6] - The total assets increased to ¥2,664,029,742.69 from ¥1,998,725,744.86, indicating significant growth in the company's financial position[18] - The total liabilities increased to ¥1,526,796,028.60 from ¥1,404,638,052.87, reflecting the company's expansion and operational growth[19] - Total liabilities increased to ¥1,359,834,070.44 from ¥1,245,200,770.02, representing a rise of approximately 9.2%[22] Cash Flow and Financing Activities - Cash flow from operating activities showed a negative net amount of CNY -7,476,548.70, a decline of 145.75% compared to the previous year[6] - The company's cash and cash equivalents increased to ¥593,044,650.38 from ¥138,327,319.28, a growth of 328.73% due to the arrival of raised funds[13] - The company reported cash inflow from financing activities of ¥588,298,500.00, a substantial increase from ¥15,000,000.00 in the previous year[33] - The total cash and cash equivalents at the end of Q1 2017 were ¥544,877,833.47, compared to ¥32,585,789.15 at the end of Q1 2016, indicating a significant increase[33] - The net increase in cash and cash equivalents for the period was $447,792,792.94, compared to a decrease of $17,262,328.01 in the previous period[35] Shareholder Information - The total number of shareholders reached 35,287 by the end of the reporting period[11] - The largest shareholder, Jiangsu Xinquan Zhihua Investment Co., Ltd., holds 33.72% of the shares[11] Expenses - The company incurred operating costs of ¥597,968,694.69, which is 242.5% higher than the previous year's ¥131,941,007.23[27] - The company recorded a significant increase in sales expenses, which rose to ¥42,797,823.38, a 219.37% increase from ¥13,400,556.30, due to higher business activity[13] - The sales expenses for the quarter were ¥26,206,593.80, up from ¥9,194,464.32, reflecting a 184.5% increase year-over-year[27] - The company’s management expenses rose to ¥34,303,577.53, compared to ¥18,499,769.68 in the same period last year, marking an increase of 85.5%[27] Capital and Reserves - The capital reserve rose to ¥671,623,401.22, a 217.09% increase from ¥211,806,401.22, due to share premium from the public offering[13] - The company's capital reserve increased significantly to ¥665,871,359.15 from ¥206,054,359.15, representing a growth of about 223%[22] Inventory and Receivables - Accounts receivable rose to ¥623,898,157.55, up 35.50% from ¥460,456,615.92, attributed to increased sales volume[13] - Inventory decreased to ¥397,805,866.22 from ¥415,597,442.66, reflecting a decline of about 4.3%[21]