Nacity Servic(SH:603506)2018-04-26 16:00Financial Performance - Revenue for the reporting period reached CNY 234,253,117.64, a growth of 33.46% year-on-year[6] - Net profit attributable to shareholders increased by 27.19% to CNY 20,848,873.11 compared to the same period last year[6] - Basic and diluted earnings per share both increased by 3.57% to CNY 0.29[6] - The company reported non-recurring gains of CNY 351,683.21 for the period[9] - Operating profit for Q1 2018 reached CNY 28,149,659.03, representing a 25.0% increase from CNY 22,396,979.33 in Q1 2017[25] - The company reported a net profit of CNY 21,916,892.67 for Q1 2018, compared to CNY 17,313,854.55 in Q1 2017, indicating a growth of 26.7%[25] - The net profit for Q1 2018 was CNY 22,771,639.89, up 23.5% from CNY 18,478,911.67 in Q1 2017[30] - The total comprehensive income for Q1 2018 was CNY 22,771,639.89, compared to CNY 18,478,911.67 in Q1 2017, reflecting a growth of 23.5%[30] Assets and Liabilities - Total assets increased by 39.37% to CNY 1,129,453,391.33 compared to the end of the previous year[6] - Total assets rose by 39.37% to ¥1,129,453,391.33 from ¥810,404,394.24, primarily due to the funds from the initial public offering[14] - Total liabilities at the end of Q1 2018 were CNY 423,147,036.86, a decrease of 6.6% from CNY 453,148,803.35 at the start of the year[24] - The company's equity attributable to shareholders increased by 108.93% to ¥592,057,611.91 from ¥283,374,124.11, reflecting the impact of the initial public offering[15] - Shareholders' equity totaled CNY 602,609,230.70 as of March 31, 2018, up 106.1% from CNY 292,354,659.33 at the beginning of the year[24] Cash Flow - Operating cash flow showed a significant decline of 128.45%, resulting in a net cash flow of -CNY 4,360,016.47[6] - The cash flow from operating activities showed a net outflow of CNY -4,360,016.47, compared to a net inflow of CNY 15,326,028.50 in the same period last year[32] - The net cash flow from operating activities for Q1 2018 was 1,179,844.38 RMB, a significant improvement compared to a net outflow of 13,505,527.42 RMB in the same period last year[35] - The company raised 301,043,279.01 RMB from financing activities, with a net cash flow of 285,386,669.12 RMB after accounting for outflows[35] - The cash flow from financing activities was positively impacted by a significant increase in cash received from investments, totaling 301,193,279.01 RMB[33] Operating Costs and Expenses - Operating costs increased by 36.58% to ¥179,391,166.70 from ¥131,344,773.74, also due to business scale growth[15] - Total operating costs for Q1 2018 were CNY 206,103,458.61, up 34.6% from CNY 153,124,286.47 year-over-year[25] - Operating costs rose to CNY 139,257,304.71, compared to CNY 111,226,341.28 in the previous year, indicating a 25.2% increase[29] - The company incurred a tax expense of CNY 7,590,546.63, which is an increase from CNY 6,159,637.22 in the same quarter last year[30] - The company reported a decrease in selling expenses to CNY 2,018,296.89 from CNY 3,192,850.48 in the previous year, indicating a reduction of 37.0%[29] Shareholder Information - The total number of shareholders reached 15,712 at the end of the reporting period[11] - The largest shareholder, Zhejiang Nandu Real Estate Service Co., Ltd., holds 34.36% of the shares[11] Future Plans - The company has not disclosed any new product developments or market expansion strategies in this report[4] - The company plans to expand its market presence and invest in new technology developments to enhance service offerings in the upcoming quarters[25]