XUSHENG(SH:603305)2018-04-25 16:00Financial Performance - Operating revenue for the period was CNY 214,614,687.90, representing a 26.52% increase year-on-year[7] - Net profit attributable to shareholders was CNY 54,647,127.48, a 2.82% increase compared to the same period last year[7] - Basic earnings per share decreased by 6.67% to CNY 0.14 compared to the same period last year[7] - The company's operating revenue for Q1 2018 was CNY 214,614,687.90, an increase of 26.52% compared to CNY 169,626,521.33 in Q1 2017[15] - Net profit for Q1 2018 reached CNY 54,647,127.48, a slight increase of 2.8% from CNY 53,146,872.38 in Q1 2017[28] - The company's operating revenue for the current period reached ¥214,614,687.90, an increase of 26.5% compared to ¥169,626,521.33 in the previous period[30] - The net profit for the current period was ¥54,647,127.48, reflecting a growth of 2.8% from ¥53,146,872.38 in the previous period[30] Assets and Liabilities - Total assets increased by 2.59% to CNY 1,467,797,183.74 compared to the end of the previous year[7] - The total assets of the company reached CNY 1,467,797,183.74, up from CNY 1,430,701,756.06, marking a growth of 2.35%[19] - The company's total liabilities decreased to CNY 262,432,936.24 from CNY 282,044,694.87, a decline of 6.96%, indicating improved financial stability[19] - The company's total liabilities decreased to CNY 262,430,506.24 from CNY 282,042,264.87 at the beginning of the year, a reduction of 6.9%[24] - Current assets totaled CNY 654,396,534.61 at the end of Q1 2018, down 7.6% from CNY 708,272,550.01 at the beginning of the year[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,960[12] - The largest shareholder, Ningbo Meishan Bonded Port Area Xusheng Holdings Co., Ltd., held 32.45% of the shares[12] Cash Flow - Net cash flow from operating activities increased by 40.81% to CNY 42,767,214.93 compared to the same period last year[7] - The cash flow from operating activities generated a net amount of ¥42,767,214.93, up from ¥30,371,509.13 in the previous period, indicating a 40.8% increase[34] - The total cash inflow from investment activities was ¥133,930,594.78, compared to only ¥2,700,883.00 in the previous period[34] - The company reported a cash outflow from investment activities of ¥208,767,999.43, which is significantly higher than ¥90,880,396.27 in the previous period[34] - The net cash flow from financing activities was ¥58,417,225.37, with no cash inflow reported from borrowing in the current period[34] - The ending cash and cash equivalents balance was ¥196,280,776.69, compared to ¥93,873,474.71 in the previous period, showing a substantial increase[35] Expenses and Costs - The company's profit margin was impacted by a 44.11% increase in operating costs, which rose to CNY 129,270,197.56 from CNY 89,704,212.88[15] - Total operating costs for Q1 2018 were CNY 152,696,224.51, up 42.2% from CNY 107,333,824.09 in Q1 2017[26] - The company reported an increase in sales expenses to ¥2,608,398.18, up from ¥1,875,401.60 in the previous period, indicating a rise of 39%[30] Investments - The company reported non-recurring gains and losses totaling CNY 1,897,601.04 for the period[9] - The company reported an investment income of CNY 1,685,189.16 for Q1 2018[28] Other Financial Metrics - The weighted average return on equity decreased by 5.13 percentage points to 4.64%[7] - The company's intangible assets increased by 63.10% to CNY 119,203,291.34 from CNY 73,087,929.17, indicating ongoing investment in technology and intellectual property[15] - The company's construction in progress increased by 49.84% to CNY 122,029,213.88 from CNY 81,437,304.59, indicating significant investment in new projects[15] - Accounts receivable rose to CNY 186,680,618.44, up from CNY 169,397,538.67, reflecting a growth of 10.73%[18] - The prepayments decreased by 36.96% to CNY 1,529,200.92 from CNY 2,425,724.43, reflecting a reduction in advance payments for goods[15]