海天味业(603288) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 4.69 billion, representing a year-on-year growth of 17.04%[5] - Net profit attributable to shareholders rose by 23.11% to CNY 1.20 billion[5] - Basic earnings per share increased by 25.00% to CNY 0.45[5] - Investment income rose by 82.78% to ¥63,126,888.06, driven by increased returns from financial products[12] - Total revenue for Q1 2018 reached ¥4,694,422,947.44, an increase of 17.0% compared to ¥4,011,026,841.44 in the same period last year[26] - Operating profit for Q1 2018 was ¥1,439,761,474.39, up from ¥1,156,299,875.87, reflecting a growth of 24.5% year-over-year[26] - Net profit for Q1 2018 amounted to ¥1,203,265,211.42, representing a 23.3% increase from ¥975,710,732.90 in the previous year[26] - The total comprehensive income attributable to shareholders of the parent company was CNY 1,204,794,541.77, compared to CNY 976,584,580.64 in the previous year, marking a significant increase[27] - The total comprehensive income for the period was CNY 99,563,391.43, compared to CNY 67,119,123.12 in the previous year, reflecting a growth of 48.3%[31] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 16.38 billion, a slight increase of 0.28% compared to the end of the previous year[5] - Total liabilities decreased to ¥1,662,940,467.03 from ¥3,270,516,764.18, a reduction of 49.2%[22] - The company's equity attributable to shareholders rose to ¥12,955,494,460.33 from ¥11,753,339,999.07, an increase of 10.2%[19] - The total liabilities and equity amounted to ¥16,381,283,428.11, slightly up from ¥16,336,012,255.77, reflecting a marginal increase of 0.3%[19] Cash Flow - Cash flow from operating activities was CNY 453.96 million, a significant recovery from a negative cash flow of CNY 92.96 million in the same period last year[5] - The cash inflow from operating activities was CNY 3,874,888,864.74, compared to CNY 3,459,536,332.67 in the same period last year, indicating a growth of 12.0%[31] - Total cash inflow from operating activities reached ¥3,701,679,647.94, compared to ¥3,245,761,152.33 in the prior period, reflecting a growth of approximately 14.06%[35] - Cash outflow for operating activities totaled ¥4,328,424,599.00, up from ¥2,959,089,858.19, representing an increase of about 46.16%[35] - The company reported a cash flow net increase of ¥178,230,784.41, contrasting with a decrease of -¥124,988,100.65 in the previous period[34] Shareholder Information - Net assets attributable to shareholders increased by 10.23% to CNY 12.96 billion[5] - The total number of shareholders reached 19,679, with the largest shareholder holding 58.24% of the shares[9] Receivables and Payables - Accounts receivable increased by 92.99% to CNY 4.76 million due to increased sales volume[11] - Prepayments rose by 43.12% to CNY 26.29 million, attributed to increased raw material and project prepayments[11] - Interest receivables increased by 368.08% to ¥17,777,005.71 due to higher interest from time deposits[12] - Other receivables rose by 35.81% to ¥17,307,414.58, attributed to strong growth in e-commerce business[12] - Accounts payable surged by 1922.24% to ¥23,136,489.44, driven by increased settlement through commercial acceptance bills[12] - Prepayments decreased by 63.41% to ¥980,214,298.24 as advance payments from distributors returned to normal levels[12] - Tax payable increased by 68.88% to ¥540,129,827.33, reflecting higher income tax and VAT obligations[12] Inventory and Deferred Income - Inventory decreased by 42.11% to ¥602,678,679.20 as the company returned to normal stock levels after the previous year's peak during the Spring Festival[12] - Deferred income tax assets increased by 57.75% to ¥124,025,303.44 due to recognized deductible temporary differences[12] - Deferred income increased significantly to ¥136,494,400.00 from ¥57,655,500.00, marking an increase of 136.0%[19] Government Subsidies - Government subsidies received increased significantly by 1345.96% to ¥85,838,700.00, contributing to overall financial performance[13] - The company received government subsidies amounting to CNY 85,838,700.00, a significant increase from CNY 5,936,464.52 in the same period last year[31]