HOP(SH:603319)2018-04-26 16:00Financial Performance - Net profit attributable to shareholders rose by 41.85% to CNY 27,496,699.90 year-on-year[7] - Operating revenue grew by 22.83% to CNY 218,189,684.75 compared to the same period last year[13] - Basic earnings per share increased by 41.67% to CNY 0.34[7] - Total operating revenue for Q1 2018 was CNY 218,189,684.75, an increase of 23% compared to CNY 177,642,018.60 in the same period last year[28] - Net profit for Q1 2018 reached CNY 27,496,699.90, representing a 42% increase from CNY 19,384,830.52 in Q1 2017[30] - Earnings per share for Q1 2018 were CNY 0.34, compared to CNY 0.24 in the same quarter last year, reflecting a 41.7% increase[30] - The net profit for Q1 2018 was CNY 27,289,832.47, an increase from CNY 16,347,985.08 in the same period last year, representing a growth of approximately 66.5%[33] - Operating profit for Q1 2018 reached CNY 31,378,902.70, compared to CNY 18,801,638.36 in Q1 2017, indicating a year-over-year increase of about 67.0%[33] Assets and Liabilities - Total assets increased by 6.63% to CNY 1,205,175,194 compared to the end of the previous year[7] - Total assets increased from CNY 1,130,271,956.94 to CNY 1,205,175,194.00, reflecting a growth of approximately 6.63%[21] - Total liabilities increased from CNY 417,876,964.49 to CNY 482,153,501.65, representing a rise of about 15.31%[21] - Total liabilities for Q1 2018 were CNY 457,637,568.66, an increase of 17.4% from CNY 389,872,400.83 in Q1 2017[25] - Current liabilities totaled CNY 393,568,096.94, compared to CNY 386,250,183.69, showing an increase of approximately 1.93%[21] - Non-current assets totaled CNY 567,767,545.96, up from CNY 542,495,456.50, indicating an increase of about 4.67%[20] - Current assets totaled CNY 579,573,675.81, which is a 8.6% increase from CNY 533,734,502.59 in the previous year[25] - Non-current assets increased to CNY 594,106,444.89, up 9% from CNY 544,890,617.81 in Q1 2017[25] Cash Flow - Cash flow from operating activities improved by 18.88% to -CNY 46,109,059.63 compared to the previous year[7] - The net cash flow from operating activities was negative at CNY -46,109,059.63, an improvement from CNY -56,841,858.98 in the same quarter last year[36] - Cash inflow from operating activities totaled CNY 131,068,131.73, up from CNY 104,877,499.94 in the previous year, reflecting a growth of approximately 25.2%[36] - Cash flow from investing activities showed a net outflow of CNY -59,895,025.71, compared to CNY -42,357,346.01 in Q1 2017, indicating increased investment activity[37] - Cash flow from financing activities generated a net inflow of CNY 89,687,291.01, a significant improvement from CNY -15,456,148.60 in the previous year[37] - The company received CNY 111,000,000.00 in borrowings during the quarter, compared to CNY 20,000,000.00 in the same period last year, indicating a substantial increase in financing[37] Shareholder Information - The number of shareholders reached 9,116 by the end of the reporting period[10] Expenses - Research and development expenses contributed to a 50.12% increase in management expenses[13] - Financial expenses surged by 172.25% due to increased interest expenses and exchange losses[13] Investments - The company plans to increase investments in smart manufacturing projects, impacting cash and long-term borrowings[14] Cash and Cash Equivalents - Cash and cash equivalents decreased by 30.38% from CNY 50,498,364.23 to CNY 35,155,529.88[15] - Total cash and cash equivalents at the end of the period were CNY 33,908,089.88, down from CNY 49,051,288.71 at the end of Q1 2017[37] - The ending balance of cash and cash equivalents was $21,644,533.70, down from $46,892,650.74[39]