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金辰股份(603396) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue rose by 30.18% to CNY 142,552,230.18 year-on-year[6] - Net profit attributable to shareholders increased by 17.49% to CNY 18,825,139.75 compared to the same period last year[6] - Basic earnings per share decreased by 12.70% to CNY 0.2523[6] - The weighted average return on equity dropped by 49.89 percentage points to 2.28%[6] - Total operating revenue for Q1 2018 reached ¥142,552,230.18, an increase of 30.2% compared to ¥109,507,600.54 in the same period last year[20] - Net profit for Q1 2018 was ¥19,384,429.16, representing a growth of 19.1% from ¥16,311,843.75 in Q1 2017[20] - The net profit attributable to shareholders of the parent company reached CNY 19,062,651.28, up from CNY 16,376,248.82, reflecting a growth of 10.34%[21] - The total comprehensive income attributable to the parent company was CNY 19,165,983.75, compared to CNY 16,376,248.82, indicating an increase of 10.81%[21] - The total profit for the period was CNY 23,386,760.70, an increase from CNY 19,864,121.67, reflecting a growth of 7.63%[23] Assets and Liabilities - Total assets increased by 4.32% to CNY 1,506,479,578.97 compared to the end of the previous year[6] - The company's total assets increased to RMB 1,506,479,578.97 from RMB 1,444,047,043.06, reflecting a growth in both current and non-current assets[14] - Current assets totaled ¥1,196,590,513.14, up from ¥1,147,342,124.53 at the start of the year, indicating a growth of 4.3%[17] - The total liabilities as of March 31, 2018, were ¥651,206,120.54, compared to ¥608,861,344.59 at the beginning of the year, reflecting an increase of 6.9%[18] - Shareholders' equity increased to ¥779,787,524.32 from ¥759,608,777.73, marking a growth of 2.4%[18] Cash Flow - Net cash flow from operating activities improved significantly, with a net outflow of CNY -77,787,990.67, a decrease of 5,939.94% compared to the previous year[6] - Cash flow from operating activities saw a significant increase, with cash paid for goods and services rising by 133.28% to RMB 109,956,767.08 from RMB 47,135,404.59[11] - The cash and cash equivalents decreased to RMB 379,044,026.30 from RMB 442,837,023.47, indicating a reduction in liquidity[13] - The company reported a cash outflow from financing activities of CNY 1,085,875.97, compared to CNY 570,693.33 in the previous year, indicating an increase in cash outflow[25] - The net increase in cash and cash equivalents was -$51,843,376.91, compared to -$5,601,648.14 in the same period last year, highlighting a worsening cash position[28] Expenses - Management expenses rose by 36.19% to RMB 22,027,047.67, driven by increased R&D investments, wages, and consulting fees[11] - The company reported a significant increase in management expenses, which rose to CNY 10,383,780.48 from CNY 3,543,973.27, marking an increase of 194.06%[23] - Tax expenses increased by 52.93% to RMB 5,137,523.32, attributed to higher profits[11] - The company incurred asset impairment losses of CNY 1,774,327.36, compared to CNY 362,711.17 in the same period last year, representing a significant increase[23] Shareholder Information - The total number of shareholders reached 11,477 by the end of the reporting period[9] - The largest shareholder, Li Yisheng, holds 47.28% of the shares, amounting to 35,725,494 shares[9] Other Income - The company received government subsidies amounting to CNY 168,037.00 related to its normal business operations[8] - The company reported a non-operating income of CNY 128,147.46 from other sources[8] Inventory and Receivables - Other receivables increased by 135.63% to RMB 29,642,075.12 from RMB 12,580,130.32, primarily due to increased bid guarantees and export tax refunds[10] - The inventory balance increased to RMB 500,446,501.19 from RMB 430,328,858.39, indicating a rise in stock levels[13] - The company reported a significant increase in accounts receivable, which reached ¥223,505,979.83, up 19.0% from ¥187,765,942.99[17] Future Outlook - The company has not indicated any significant changes in net profit expectations for the upcoming reporting period[12] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[20]