文灿股份(603348) - 2018 Q1 - 季度财报

Financial Performance - Revenue for the period was CNY 348,900,855.88, reflecting a 13.34% increase year-on-year[7] - Net profit attributable to shareholders increased by 23.31% to CNY 41,762,840.97 compared to the same period last year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses rose by 20.20% to CNY 39,969,468.32[7] - Basic earnings per share increased by 23.28% to CNY 0.2531[7] - Diluted earnings per share also increased by 23.28% to CNY 0.2531[7] - The company reported a net profit of CNY 128,560,601.15 for Q1 2018, up from CNY 117,297,528.10 in the previous year, reflecting a growth of 9.66%[24] - The net profit for Q1 2018 reached CNY 12,514,525.61, representing a 32.3% increase from CNY 9,418,673.01 in Q1 2017[29] - The total comprehensive income for Q1 2018 was CNY 12,514,525.61, compared to CNY 9,418,673.01 in Q1 2017, indicating a significant growth[29] Assets and Liabilities - Total assets increased by 3.39% to CNY 2,416,594,503.94 compared to the end of the previous year[7] - The total assets increased from CNY 2,337,447,089.31 to CNY 2,416,594,503.94, representing a growth of 3.37%[19] - The company's total assets as of March 31, 2018, were CNY 1,176,925,587.56, compared to CNY 1,092,714,349.29 at the beginning of the year, reflecting a growth of 7.69%[23] - The total liabilities increased from CNY 1,000,000,000 to CNY 1,200,000,000, indicating a rise in financial obligations[19] - Total liabilities increased to CNY 388,658,707.01 in Q1 2018 from CNY 316,961,994.35 at the start of the year, marking a rise of 22.56%[23] Cash Flow - Operating cash flow net amount increased by 15.58% to CNY 51,327,646.06 compared to the same period last year[7] - The company's cash flow from operating activities decreased by 43.52% from CNY 7,601,473.80 to CNY 4,292,966.85 due to a reduction in export tax refunds[14] - Cash inflows from operating activities amounted to CNY 393,115,756.77, an increase from CNY 314,951,172.56 in the same quarter last year[29] - The cash inflow from sales of goods and services was ¥121,793,908.65, up from ¥109,715,007.52, showing a growth of 11.8%[32] - The total cash outflow for operating activities was ¥196,692,709.05, compared to ¥117,035,076.75 in the previous period, reflecting a significant increase[32] Inventory and Receivables - The company's accounts receivable increased by 561.49% from CNY 5,369,158.01 to CNY 35,516,346.71 due to a reduction in endorsed or discounted bills not yet due[13] - Prepayments rose by 107.16% from CNY 5,757,918.87 to CNY 11,928,085.09 primarily due to an increase in advance payments for materials[13] - Other receivables decreased by 53.68% from CNY 17,414,786.31 to CNY 8,066,483.85 mainly due to the recovery of deposits[13] - The company's inventory increased by 29.25% from CNY 162,449,340.91 to CNY 210,092,816.65, reflecting business expansion[19] - Inventory increased to CNY 66,101,126.37 from CNY 52,486,743.82, showing a growth of 25.91%[22] Government Subsidies and Non-Recurring Items - Government subsidies recognized in the current period amounted to CNY 1,581,871.54[9] - Non-recurring gains and losses totaled CNY 1,793,372.65 for the period[9] - The company’s other income increased by 80.04% from CNY 878,599.99 to CNY 1,581,871.54, mainly due to an increase in government subsidies received[14] Financial Management - The company's financial expenses for Q1 2018 were CNY 883,514.03, compared to a negative CNY 138,467.99 in the previous year, indicating a shift in financial costs[28] - The company's tax expenses for Q1 2018 were CNY 2,276,266.81, an increase from CNY 1,698,325.35 in Q1 2017[28] - The company reported a decrease in sales expenses to CNY 4,817,653.59 from CNY 6,961,394.41 in the previous year, indicating improved cost management[28]