巨星农牧(603477) - 2018 Q1 - 季度财报

Financial Performance - Operating income increased by 3.02% to CNY 124,789,575.86 year-on-year[6] - Net profit attributable to shareholders increased by 10.15% to CNY 12,229,812.43 compared to the same period last year[6] - Basic earnings per share decreased by 16.67% to CNY 0.05 compared to CNY 0.06 in the same period last year[6] - Total operating revenue for Q1 2018 was CNY 124,789,575.86, an increase of 2.74% compared to CNY 121,128,627.18 in the previous period[22] - Net profit for Q1 2018 reached CNY 10,661,640.19, slightly higher than CNY 10,574,845.60 in the same period last year, indicating a growth of 0.82%[23] - The company's total comprehensive income for the current period was ¥9,704,843.61, down from ¥11,025,929.69 in the previous period[28] Cash Flow - The net cash flow from operating activities was CNY 37,945,003.19, a significant improvement from a loss of CNY 8,874,304.70 in the previous year[6] - Operating cash flow net amount was ¥37,945,003.19, a significant improvement from a negative cash flow of -¥8,874,304.70 in the previous period[31] - The company generated ¥151,743,781.07 in cash inflows from operating activities, compared to ¥144,263,722.60 in the previous period[31] - Cash flow from financing activities decreased by 364.39% to -¥92,451,545 from ¥34,968,424, mainly due to repayment of bank loans[12] - The company incurred cash payments of $80,000,000.00 for debt repayment during the financing activities[35] Assets and Liabilities - Total assets decreased by 6.77% to CNY 1,273,103,645.71 compared to the end of the previous year[6] - Total liabilities decreased to ¥454,264,049 from ¥554,262,532, indicating a reduction in short-term borrowings[16] - Current assets totaled CNY 884,083,777.80, down from CNY 990,395,819.85, representing a decrease of 10.73%[19] - The company's cash and cash equivalents decreased to CNY 386,705,599.41 from CNY 457,172,921.47, a decline of 15.43%[19] Shareholder Information - The number of shareholders reached 25,816 by the end of the reporting period[9] - Sichuan Hebang Investment Group holds 43.87% of the shares, making it the largest shareholder[9] Other Financial Metrics - The weighted average return on equity decreased by 1.01 percentage points to 1.52%[6] - The company reported a non-recurring gain of CNY 145,674.81 during the period[10] - Total comprehensive income decreased by 43.73% to ¥7,600,210 from ¥13,506,224, primarily due to significant foreign exchange rate changes[12] Changes in Receivables and Payables - Accounts receivable decreased by 70.83% to ¥9,913,616 from ¥33,988,814 due to a reduction in accepted bills and payments made with accepted bills[11] - Prepayments increased by 396.21% to ¥5,339,827 from ¥1,076,116 primarily due to increased advance payments for cowhide[11] - Other receivables rose by 342.39% to ¥699,007 from ¥158,005, mainly due to an increase in employee petty cash[11] - Other current assets increased by 84.05% to ¥4,184,182 from ¥2,273,439, attributed to an increase in prepaid taxes[11] - Tax payable increased by 41.20% to ¥5,988,046 from ¥4,240,900, mainly due to an increase in income tax and value-added tax[11] Future Plans - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company plans to focus on market expansion and new product development in the upcoming quarters[27]