天洋新材(603330) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue rose by 39.67% to CNY 127,638,623.08 year-on-year[6] - Net profit attributable to shareholders increased by 25.59% to CNY 5,110,365.66 compared to the same period last year[6] - Basic earnings per share increased by 28.57% to CNY 0.09[6] - Total operating revenue for the current period reached ¥127,638,623.08, a significant increase of 39.7% compared to ¥91,385,933.87 in the previous period[22] - Operating profit for the current period was ¥7,316,391.76, up 23.3% from ¥5,935,337.66 in the previous period[22] - Net profit attributable to the parent company's shareholders was ¥5,592,474.95, an increase of 30.0% from ¥4,300,178.37 in the previous period[23] - Basic and diluted earnings per share for the current period were both ¥0.09, compared to ¥0.07 in the previous period, reflecting a growth of 28.6%[23] Assets and Liabilities - Total assets increased by 3.43% to CNY 852,022,272.57 compared to the end of the previous year[6] - The company's total liabilities increased to CNY 228,183,293.47 from CNY 206,046,222.05, marking a rise of around 10.7%[17] - Non-current assets totaled CNY 423,317,336.60, up from CNY 405,544,136.03, reflecting a growth of approximately 4.3%[16] - Current liabilities rose to CNY 176,984,893.47 from CNY 154,847,822.05, an increase of about 14.3%[17] - Owner's equity reached CNY 623,838,979.10, compared to CNY 617,706,880.70, indicating a growth of about 1.8%[17] Cash Flow - Cash flow from operating activities improved by 45.74%, reaching CNY -14,874,777.57[6] - The net cash flow from operating activities was -14,874,777.57 RMB, an improvement from -27,411,545.95 RMB in the previous period, indicating a reduction in cash outflow[29] - Total cash inflow from operating activities was 103,547,747.35 RMB, compared to 76,306,490.78 RMB in the previous period, reflecting a 35.8% increase[29] - Cash outflow from operating activities totaled 118,422,524.92 RMB, up from 103,718,036.73 RMB, representing a 14.3% increase[29] - The net cash flow from investing activities was -32,290,921.41 RMB, worsening from -6,120,300.00 RMB in the previous period[30] - The net cash flow from financing activities was 35,338,992.38 RMB, down from 202,228,404.22 RMB in the previous period[30] Shareholder Information - The number of shareholders reached 9,645 at the end of the reporting period[10] - The largest shareholder, Li Zhelong, holds 36.10% of the shares, with 21,660,750 shares pledged[10] Revenue and Costs - Revenue increased by 39.67% year-over-year, driven by growth in sales of rubber powder and EVA solar films, as well as the inclusion of Yantai Xinyou's revenue[11] - Operating costs rose by 41.36% year-over-year, primarily due to increased sales of rubber powder and EVA solar films, along with the consolidation of Yantai Xinyou's costs[11] - Total operating costs increased to ¥120,603,980.78, up 40.7% from ¥85,700,363.53 in the previous period[22] - Sales expenses for the current period were ¥10,005,252.48, a rise of 20.4% from ¥8,309,494.09 in the previous period[22] - Management expenses increased to ¥11,934,271.86, up 25.3% from ¥9,525,346.15 in the previous period[22] Financial Expenses - Financial expenses surged by 265.74% year-over-year, mainly due to foreign exchange losses and increased interest payments on short-term loans[11] - Financial expenses rose significantly to ¥3,299,926.54, compared to ¥902,250.71 in the previous period, marking an increase of 267.5%[22] Asset Management - Asset impairment losses increased by 1,236.85% year-over-year, attributed to a rise in accounts receivable due to sales growth[11] - Accounts payable rose by 114.64% compared to the beginning of the reporting period, primarily due to equipment purchases by Nantong Tianyang[11] - Short-term borrowings increased by 44.8% compared to the beginning of the reporting period, mainly to support sales expansion and working capital[11] - Cash and cash equivalents decreased from CNY 71,419,155.29 at the beginning of the period to CNY 56,965,217.28 at the end of the period[15] - Accounts receivable increased from CNY 155,570,795.23 at the beginning of the period to CNY 171,669,962.61 at the end of the period[15] - Inventory increased from CNY 83,972,010.10 at the beginning of the period to CNY 103,427,404.15 at the end of the period[15] - Other payables decreased by 77.02% compared to the beginning of the reporting period, mainly due to payments related to the acquisition of Yantai Xinyou[11]