KINGCLEAN(SH:603355)2018-04-25 16:00Financial Performance - Net profit attributable to shareholders decreased by 50.17% to CNY 72,591,922.99 compared to the same period last year[6] - Basic earnings per share decreased by 50.00% to CNY 0.18 compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses decreased by 50.82% to CNY 70,210,210.74 compared to the same period last year[6] - Net profit for Q1 2018 was CNY 72,697,920.31, a decrease of 50.1% from CNY 145,684,504.21 in Q1 2017[26] - The net profit for the current period was ¥5,021,567.80, a significant decrease of 92.8% compared to ¥69,809,799.23 in the previous period[28] Revenue and Costs - Operating revenue increased by 11.76% to CNY 1,506,481,271.21 compared to the same period last year[6] - Operating revenue for the first quarter reached RMB 1,506,481,271.21, an increase of 11.76% compared to RMB 1,347,944,101.54 in the same period last year[14] - Operating costs increased by 23.21% to RMB 1,149,514,549.43, primarily due to rising material costs and increased sales[14] - Total operating revenue for Q1 2018 was CNY 1,506,481,271.21, an increase of 11.8% compared to CNY 1,347,944,101.54 in the same period last year[25] - Total operating costs for Q1 2018 were CNY 1,419,388,815.45, up 19.4% from CNY 1,188,499,001.15 in Q1 2017[25] Cash Flow - Net cash flow from operating activities improved by 234.55% to CNY 62,900,314.22 compared to the same period last year[6] - The cash flow from operating activities generated a net amount of ¥62,900,314.22, recovering from a negative cash flow of ¥46,747,208.09 in the previous period[31] - Operating cash inflow for Q1 2018 was CNY 1,316,207,585.41, up from CNY 866,847,791.85 in Q1 2017, representing a growth of 51.7%[32] - Net cash flow from operating activities was negative CNY 2,259,986.76, an improvement from negative CNY 77,005,334.30 in the same period last year[32] - Cash inflow from operating activities included CNY 1,226,321,173.54 from sales, a significant increase from CNY 801,034,303.50 in the previous year[32] Assets and Liabilities - Total assets decreased by 2.94% to CNY 5,015,692,599.05 compared to the end of the previous year[6] - The company's total assets as of March 31, 2018, were CNY 3,818,621,766.73, down from CNY 4,008,994,674.41 at the beginning of the year[24] - Total liabilities decreased to CNY 1,261,302,987.85 from CNY 1,456,697,463.33 at the beginning of the year, reflecting a reduction of 13.4%[23] - The company's inventory decreased by 8.30% to RMB 668,705,177.62, down from RMB 729,341,883.43[20] - The company's cash and cash equivalents at the end of Q1 2018 were CNY 1,424,271,988.72, down from CNY 1,471,663,053.77 at the beginning of the year[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,891[10] - The largest shareholder, 莱克（苏州）投资有限公司, held 45.79% of the shares[10] Non-Recurring Items - The company reported a non-recurring gain of CNY 2,381,712.25 during the reporting period[9] - The company’s financial expenses surged by 864.35% to RMB 53,344,184.19, mainly due to increased foreign exchange losses from USD fluctuations[14] Investment Activities - The cash flow from investing activities showed a net outflow of ¥55,363,193.37, a decrease from a net inflow of ¥188,449,837.05 in the previous period[31] - Cash outflow for purchasing goods and services was CNY 1,058,065,194.82, compared to CNY 761,400,881.59 in Q1 2017, marking a rise of 39.0%[32]