新泉股份(603179) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue rose by 18.52% to CNY 972,367,766.50 from CNY 820,417,336.96 in the same period last year[6] - Net profit attributable to shareholders increased by 34.28% to CNY 73,969,592.72 compared to CNY 55,086,688.69 in the previous year[6] - Operating profit grew by 35.33% to ¥92,678,548.99 from ¥68,484,543.43, driven by increased business volume[14] - Total profit increased by 38.72% to ¥95,571,277.23 from ¥68,896,351.84, also due to higher business volume[14] - Net profit rose by 37.66% to ¥76,307,775.40 from ¥55,434,022.10, reflecting overall profit growth[14] - The company's operating revenue for Q1 2018 was CNY 874,818,761.20, an increase of 20.9% compared to CNY 723,239,365.38 in the same period last year[34] - The net profit for Q1 2018 reached CNY 76,307,775.40, representing a growth of 37.6% from CNY 55,434,022.10 in Q1 2017[33] - The total profit for Q1 2018 was CNY 95,571,277.23, an increase of 38.7% compared to CNY 68,896,351.84 in Q1 2017[32] Cash Flow - Cash flow from operating activities improved significantly, reaching CNY 163,212,361.42, a turnaround from a loss of CNY 7,476,548.70 in the same period last year[6] - Cash flow from operating activities was ¥163,212,361.42, a significant increase from a negative cash flow of ¥7,476,548.70, due to received acceptance bills[16] - The cash flow from operating activities for Q1 2018 was CNY 707,893,377.49, significantly higher than CNY 363,007,462.32 in Q1 2017, marking an increase of 95.1%[38] - The net cash flow from operating activities for Q1 2018 was CNY 163,212,361.42, a significant improvement compared to a negative cash flow of CNY 7,476,548.70 in the same period last year[39] - Total cash inflow from operating activities reached CNY 716,067,064.49, up from CNY 369,560,212.65 year-over-year[39] Assets and Liabilities - Total assets increased by 12.70% to CNY 3,514,657,323.97 compared to the end of the previous year[6] - Current assets totaled ¥2,381,095,770.63, compared to ¥2,088,464,443.78 at the beginning of the year, indicating a growth of 14.0%[29] - Total liabilities amounted to ¥2,094,107,427.23, compared to ¥1,777,722,779.38, reflecting a year-over-year increase of 17.7%[26] - Owner's equity increased to ¥1,420,549,896.74 from ¥1,340,931,846.34, showing a growth of 5.9%[26] - Cash and cash equivalents increased significantly to ¥500,671,010.05 from ¥182,795,352.20, representing a growth of 174.5%[28] Shareholder Information - The number of shareholders reached 10,408 at the end of the reporting period[11] - The largest shareholder, Jiangsu Xinquan Zhihua Investment Co., Ltd., holds 33.12% of the shares[11] Expenses - Financial expenses decreased by 65.74% to ¥1,209,711.58 from ¥3,531,027.94, primarily due to reduced loan interest[14] - The company's financial expenses decreased to CNY 1,209,711.58 in Q1 2018 from CNY 3,531,027.94 in the same period last year, a reduction of 65.7%[32] - The sales expenses for Q1 2018 were CNY 49,029,752.26, up from CNY 42,797,823.38 in Q1 2017, indicating an increase of 14.5%[32] - The company's management expenses rose to CNY 59,785,362.81 in Q1 2018, compared to CNY 48,924,883.56 in the previous year, reflecting an increase of 22.3%[32] Investments and Financing - The company plans to implement the public issuance of convertible bonds as approved by the China Securities Regulatory Commission[18] - The company invested CNY 98,834,116.14 in fixed assets, which is a substantial increase from CNY 15,864,957.65 in the same period last year[39] - Cash inflow from financing activities amounted to CNY 225,000,000.00, while cash outflow was CNY 33,243,289.37, resulting in a net cash flow of CNY 191,756,710.63[40] Other Information - The company reported non-operating income of CNY 142,328.08 during the period[8] - The company has not disclosed any new product developments or market expansion strategies in this report[12] - The company reported a significant increase in sales revenue from CNY 325,167,834.10 to CNY 652,792,125.38, indicating a growth of approximately 100% year-over-year[42]