惠发食品(603536) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue rose by 16.15% to CNY 193,969,401.19 year-on-year[6] - Net profit attributable to shareholders decreased by 71.15% to CNY 2,089,779.52 compared to the same period last year[6] - Basic earnings per share dropped by 75.00% to CNY 0.02 from CNY 0.08 year-on-year[6] - Net profit fell to ¥2,033,109.52, down 71.93% from ¥7,242,451.41, impacted by increased costs from promotional activities and rising material prices[14] - Net profit for Q1 2018 was ¥2,033,109.52, a decrease of 72.0% from ¥7,242,451.41 in Q1 2017[28] - The net profit for the current period is ¥439,712.62, a decrease of 88.6% from ¥3,871,861.27 in the previous period[30] Cash Flow - The net cash flow from operating activities improved significantly to CNY 42,773,510.45 from a negative CNY 1,463,075.57 in the previous year[6] - Cash flow from operating activities improved significantly to ¥42,773,510.45, compared to a negative cash flow of ¥1,463,075.57, driven by increased customer payments and higher advance receipts[14] - The cash flow from operating activities shows a net inflow of ¥42,773,510.45, recovering from a net outflow of ¥1,463,075.57 in the previous period[32] - The net cash flow from operating activities for Q1 2018 was ¥37,385,029.64, a significant improvement from a net outflow of ¥20,259,964.42 in the same period last year[34] - Total cash inflow from operating activities reached ¥258,425,721.48, compared to ¥188,106,993.24 in Q1 2017, reflecting a year-over-year increase of approximately 37.2%[34] Assets and Liabilities - Total assets increased by 1.82% to CNY 1,034,396,099.14 compared to the end of the previous year[6] - Total assets as of March 31, 2018, amounted to ¥1,034,396,099.14, up from ¥1,015,942,197.41 at the beginning of the year[20] - Current liabilities increased to ¥316,036,444.78 from ¥295,213,335.91, with short-term borrowings rising to ¥115,000,000.00 from ¥85,000,000.00[20] - Total liabilities for Q1 2018 amounted to ¥434,932,532.36, an increase from ¥424,493,630.24 in Q1 2017[25] Expenses - Operating costs increased to ¥148,695,954.12, up 21.96% from ¥121,922,620.50, primarily due to rising material prices and increased promotional activities[14] - Management expenses rose to ¥24,324,378.38, a 30.52% increase from ¥18,636,887.43, attributed to higher employee compensation and R&D investments[14] - The company's sales expenses rose to ¥9,842,707.90, up from ¥8,436,690.17 in the previous period, reflecting a 16.7% increase[30] - The management expenses increased to ¥18,242,865.85, compared to ¥13,472,187.34 in the previous period, marking a 35.4% rise[30] - Financial expenses decreased by 48.55% to ¥2,736,835.12 from ¥5,318,925.17, due to a reduction in borrowing scale and corresponding interest expenses[14] - The financial expenses decreased significantly to ¥2,354,890.94 from ¥4,597,043.63 in the previous period, a reduction of 48.8%[30] Shareholder Information - The number of shareholders reached 6,469 by the end of the reporting period[11] Inventory and Prepayments - Prepayments increased by 98.08% to CNY 10,399,701.81 due to new material purchases[12] - Inventory decreased to ¥104,076,305.18 from ¥113,717,117.40, indicating a reduction in stock levels[19] Future Outlook - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[27]