OPPLE(SH:603515)2018-04-17 16:00Financial Performance - Operating revenue increased by 23.55% to CNY 1,482,757,714.83 year-on-year[6] - Net profit attributable to shareholders rose by 42.20% to CNY 70,166,631.74 compared to the same period last year[6] - Basic earnings per share increased by 33.33% to CNY 0.12 compared to the previous year[6] - The weighted average return on equity improved by 0.35 percentage points to 1.91%[6] - Net profit increased by 44.38% to ¥70,145,552.79, driven by sales growth and increased government subsidies[14] - Total operating revenue for Q1 2018 was CNY 1,482,757,714.83, an increase of 23.5% compared to CNY 1,200,119,518.94 in the same period last year[36] - Net profit for Q1 2018 was CNY 70.15 million, up 44% from CNY 48.58 million in the same period last year[37] - Basic earnings per share for Q1 2018 was CNY 0.12, compared to CNY 0.09 in Q1 2017, reflecting a 33% increase[37] Assets and Liabilities - Total assets decreased by 2.77% to CNY 6,131,335,924.14 compared to the end of the previous year[6] - The company reported a total current liabilities of approximately CNY 1.62 billion, with accounts payable at CNY 966.18 million, showing a slight increase from CNY 959.07 million[27] - Non-current assets totaled approximately CNY 1.64 billion, up from CNY 1.48 billion at the beginning of the year, indicating a growth of about 10.8%[27] - Total liabilities decreased to CNY 2,425,921,121.61 from CNY 2,671,624,765.85 at the beginning of the year[29] - Current assets totaled CNY 4,059,768,856.70, down from CNY 4,371,332,124.81 at the beginning of the year[31] Cash Flow - The net cash flow from operating activities was negative at CNY -216,917,466.30, worsening by 19.77% year-on-year[6] - Cash and cash equivalents decreased by 36.47% to ¥207,069,783.70 due to increased cash payments for goods and services[13] - The cash flow from operating activities was positively impacted by a reduction in cash paid to employees, which decreased to ¥184,199,921.79 from ¥186,725,832.96 year-over-year[48] - The company generated ¥1,822,244,055.58 in cash from sales and services, up from ¥1,202,603,695.65 in the previous year, marking a growth of about 51.5%[48] Investments - The company invested ¥7,070,580,000.00 in new investment products, marking a 67.42% increase[15] - The company made a significant equity investment of ¥150,000,000 in New Tide Media to enhance capital appreciation and maximize shareholder returns[16] - The company received ¥5,996,700,000.00 from investment recoveries, which is a significant increase from ¥3,703,568,000.00 in the same quarter last year, representing a growth of about 61.8%[48] Shareholder Information - The number of shareholders reached 11,257 at the end of the reporting period[10] - The largest shareholder, Zhongshan Op Lighting Investment Co., Ltd., holds 46.22% of the shares[10] Government Support - The company received government subsidies amounting to CNY 21,807,062.00 during the reporting period[9] Other Financial Metrics - The company reported a total profit of CNY 29.35 million for Q1 2018, down from CNY 87.26 million in Q1 2017, a decrease of 66.4%[41] - Investment income for Q1 2018 was CNY 15.71 million, significantly lower than CNY 47.79 million in Q1 2017, a decrease of 67.1%[41] - The tax expense for Q1 2018 was CNY 4.47 million, down from CNY 8.21 million in Q1 2017, indicating a reduction of 45.5%[41]