汇金通(603577) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 194,917,580.22, representing a 17.70% increase year-on-year[6] - Net profit attributable to shareholders decreased by 6.74% to CNY 8,759,031.08 compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses dropped significantly by 93.23% to CNY 571,125.57[6] - Basic and diluted earnings per share were both CNY 0.0510, down 5.03% from the previous year[6] - Total operating revenue for Q1 2018 was CNY 194,917,580.22, an increase of 17.7% compared to CNY 165,609,656.16 in the same period last year[26] - Total operating costs for Q1 2018 were CNY 193,992,666.37, up from CNY 156,615,548.90, reflecting a year-over-year increase of 23.8%[26] - Net profit attributable to shareholders for Q1 2018 was CNY 1,924,913.85, compared to CNY 9,994,107.26 in the previous year, indicating a significant decline[26] - Net profit for Q1 2018 was CNY 9,205,293.74, a decrease of 7.3% from CNY 9,933,572.94 in Q1 2017[30] - Total profit for Q1 2018 was CNY 10,935,181.37, a slight decrease of 1.2% compared to CNY 11,066,301.30 in the same period last year[29] Assets and Liabilities - Total assets increased by 8.08% to CNY 1,724,497,243.81 compared to the end of the previous year[6] - Total assets as of March 31, 2018, amounted to CNY 1,715,397,014.71, an increase from CNY 1,583,483,997.52 at the beginning of the year[24] - Total liabilities increased to CNY 838,003,585.81 from CNY 715,295,862.36, representing a rise of 17.1%[24] - The total equity attributable to shareholders increased to CNY 877,393,428.90 from CNY 868,188,135.16, a growth of 1.3%[25] - The company's cash and cash equivalents decreased to CNY 171,936,062.89 from CNY 184,378,673.91, a decline of 6.5%[23] Cash Flow - The company reported a net cash flow from operating activities of -CNY 31,200,425.61, an improvement from -CNY 319,405,249.53 in the same period last year[6] - The net cash flow from operating activities decreased by 90.23% to RMB -31,200,425.61 due to a reduction in procurement scale[18] - The net cash flow from investing activities decreased by 75.20% to RMB -26,391,551.07 as a result of cash management from idle funds in the previous period[18] - The net cash flow from operating activities for Q1 2018 was -30,313,856.65 RMB, a significant improvement from -315,567,298.34 RMB in the same period last year[33] - Total cash inflow from operating activities was 209,938,312.32 RMB, while cash outflow was 240,252,168.97 RMB, resulting in a cash outflow of 30,313,856.65 RMB[33] - The company reported a total cash outflow of 12,896,518.89 RMB for the quarter, compared to a much larger outflow of 315,651,044.16 RMB in the previous year[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 17,646[10] - The largest shareholder, Liu Yanhua, holds 28.09% of the shares, amounting to 49,170,000 shares[10] - Liu Feng, the second-largest shareholder, holds 21.94% of the shares, totaling 38,402,169 shares[10] Financial Assets and Expenses - The fair value financial assets increased by 267.74% to RMB 14,793,153.19 due to changes in the fair value of derivative financial assets[13] - Accounts receivable rose by 82.44% to RMB 20,907,410.93 primarily due to the collection of receivables[13] - Prepayments surged by 189.71% to RMB 90,724,973.36 as a result of utilizing self-owned funds for advance payments[13] - Other current assets decreased by 56.70% to RMB 2,882,800.29 mainly due to a reduction in input tax credits[13] - Sales expenses increased by 32.46% to RMB 11,880,999.73 primarily due to higher freight costs[16] - Financial expenses rose significantly by 173.30% to RMB 17,271,762.71 mainly due to exchange losses[16] - Financial expenses for Q1 2018 were CNY 17,269,528.49, significantly higher than CNY 6,316,633.61 in Q1 2017[29] Future Plans - The company plans to issue convertible bonds totaling up to RMB 336 million, pending approval from the China Securities Regulatory Commission[19]