ZYNM(SH:603527)2018-04-26 16:00Financial Performance - Net profit attributable to shareholders rose by 34.64% to CNY 21,489,252.19 year-on-year[6] - Operating revenue grew by 23.44% to CNY 760,370,904.75 compared to the same period last year[6] - Operating profit increased by 46.30% to ¥24,157,938.15, primarily driven by increased sales volume[12] - Total operating revenue for Q1 2018 was CNY 760,370,904.75, an increase of 23.4% compared to CNY 616,002,430.79 in the same period last year[24] - Operating profit for Q1 2018 reached CNY 24,157,938.15, up 46.2% from CNY 16,513,157.24 in Q1 2017[24] - Net profit attributable to shareholders for Q1 2018 was CNY 21,489,252.19, representing a 34.5% increase from CNY 15,960,497.93 in the previous year[25] - The total comprehensive income for Q1 2018 was CNY 21,489,252.19, up from CNY 15,960,497.93 in Q1 2017, indicating strong financial performance[25] Cash Flow - The net cash flow from operating activities improved significantly, with a reduction in outflow from CNY -72,182,383.15 to CNY -45,345,361.73[6] - Cash flow from operating activities improved significantly, with a net cash flow of -¥45,345,361.73 compared to -¥72,182,383.15 in the previous year[13] - The company reported a net cash flow from operating activities of -45,345,361.73 RMB for Q1 2018, an improvement from -72,182,383.15 RMB in the same period last year, indicating a 37% reduction in cash outflow[29] - Total cash inflow from operating activities was 864,042,728.31 RMB, compared to 688,763,385.37 RMB in the previous year, representing a 25.5% increase[29] - Cash outflow from operating activities totaled 909,388,090.04 RMB, up from 760,945,768.52 RMB, marking a 19.5% increase year-over-year[29] - The company experienced a net cash flow from investing activities of 721,258.48 RMB, a significant recovery from -1,892,119.41 RMB in the previous year[30] - The net cash flow from financing activities was 7,608,901.67 RMB, compared to 51,255,128.07 RMB in the same quarter last year, indicating a 85.1% decline[30] Assets and Liabilities - Total assets increased by 2.94% to CNY 1,148,552,015.81 compared to the end of the previous year[6] - Total current assets increased to ¥988,981,968.86 from ¥950,601,517.42, reflecting a growth in liquidity[17] - Total liabilities increased to ¥320,477,237.17 from ¥309,122,945.79, reflecting a rise in financial obligations[18] - Total equity attributable to shareholders rose to ¥828,074,778.64 from ¥806,679,671.57, indicating improved financial health[18] - Total liabilities increased to CNY 75,161,017.38 in Q1 2018 from CNY 60,452,903.93 in Q1 2017, reflecting a growth of 24.4%[24] - Total equity rose to CNY 678,182,555.58 in Q1 2018, compared to CNY 668,956,237.63 in the same period last year, marking a 1.7% increase[24] Shareholder Information - The number of shareholders reached 17,377 by the end of the reporting period[9] - The top shareholder, Feng Quanhua, holds 34.34% of the shares, totaling 42,723,100 shares[9] Other Financial Metrics - The weighted average return on equity decreased by 1.51 percentage points to 2.63%[6] - Management expenses decreased by 36.55% to ¥13,841,175.09 due to a reduction in R&D expenses[12] - Accounts receivable rose to ¥259,359,703.18 from ¥222,257,843.14, indicating higher sales on credit[16] - Inventory increased to ¥227,322,952.48 from ¥207,764,361.89, suggesting a buildup in stock levels[16] - Other receivables decreased by 63.71% to CNY 424,114.38, primarily due to the receipt of export tax refunds[11] - Other current assets increased by 65.44% to CNY 37,967,518.16, mainly due to an increase in pending input tax certification[11] - The company reported a gross profit margin of approximately 3.1% for Q1 2018, compared to 2.7% in Q1 2017[24] - Operating costs for Q1 2018 were CNY 736,492,872.29, an increase of 23.0% from CNY 599,489,273.55 in the previous year[24] - Earnings per share for Q1 2018 remained stable at CNY 0.17, unchanged from the same period last year[25] - The company recorded other income of CNY 279,905.69 in Q1 2018, contributing to overall profitability[24]