三星新材(603578) - 2018 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders of the listed company was CNY 17,269,922.33, an increase of 21.73% year-on-year[6] - Operating revenue reached CNY 85,804,297.94, reflecting a growth of 9.56% compared to the same period last year[6] - Basic earnings per share increased by 5.26% to CNY 0.20[6] - Net profit for Q1 2018 reached CNY 17,269,922.33, representing a 21.5% increase from CNY 14,187,644.84 in the previous year[29] - Total profit for Q1 2018 was CNY 19,801,182.68, an increase from CNY 15,751,263.71 in the previous year, representing a growth of approximately 25.9%[31] - The net profit for Q1 2018 reached CNY 17,700,801.71, compared to CNY 14,096,662.24 in the same period last year, indicating a year-over-year increase of about 25.5%[31] Cash Flow - The net cash flow from operating activities was CNY -16,262,823.25, an improvement of 15.16% year-on-year[6] - Cash inflow from operating activities totaled CNY 38,730,913.45, up from CNY 25,939,523.21, reflecting a growth of approximately 49.2%[34] - The net cash flow from operating activities was -CNY 16,262,823.25, an improvement from -CNY 19,167,959.51 in the previous year[34] - Cash inflow from investment activities amounted to CNY 186,376,348.89, compared to CNY 0 in the previous year, indicating a significant increase[38] - The net cash flow from investment activities was CNY 182,255,859.08, a substantial recovery from -CNY 1,688,541.30 in the previous year[38] - The net cash flow from financing activities was CNY 4,889,800.00, down from CNY 216,800,224.09 in the previous year, showing a decrease of approximately 97.7%[38] Assets and Liabilities - Total assets at the end of the reporting period were CNY 594,286,344.45, a decrease of 1.29% compared to the end of the previous year[6] - Total assets as of the end of Q1 2018 amounted to CNY 597,205,918.35, a slight decrease from CNY 604,251,173.42 at the end of the previous quarter[26] - Total liabilities for Q1 2018 were CNY 79,918,392.11, down from CNY 104,664,448.89, showing a reduction of 23.6%[26] - Total current liabilities decreased by 23.83% to ¥80,145,996.63 from ¥105,139,432.63, reflecting a reduction in financial obligations[22] - The company's total equity increased to CNY 517,287,526.24 from CNY 499,586,724.53, marking a growth of 3.5%[26] - The company's equity attributable to shareholders increased to ¥513,518,587.82 from ¥496,248,665.49, showing a growth in retained earnings and overall financial health[22] Investments and Income - Investment income was CNY 2,225,889.78, primarily from financial product investments and entrusted loan interest income[15] - Other income amounted to CNY 3,088,346.98, mainly from government subsidies related to daily operations[15] - Investment income for Q1 2018 was CNY 2,225,889.78, with losses from joint ventures amounting to CNY -728,459.11[28] Shareholder Information - The number of shareholders at the end of the reporting period was 18,770[11] Accounts Receivable and Payable - Accounts receivable rose by 32.51% to ¥94,148,677.13 compared to ¥71,052,764.36 in the previous year, primarily due to an increase in bank acceptance bill settlements[16] - Accounts payable increased by 40.60% to ¥44,516,941.05 from ¥31,663,013.89, mainly due to higher payable amounts for materials[16] Other Financial Metrics - The weighted average return on net assets decreased by 1.29 percentage points to 3.42%[6] - Financial expenses decreased by 69.34% to CNY 101,767.49 due to reduced bank borrowings[15] - The company's cash and cash equivalents rose to ¥179,885,028.36 from ¥40,614,256.93, indicating improved liquidity[20] - Prepayments surged by 183.84% to ¥4,160,128.73 from ¥1,465,644.61, mainly due to increased advance payments for procurement[16] - Other receivables decreased by 99.70% to ¥159,889.59 from ¥53,537,289.42, attributed to the recovery of entrusted loans[16] - Short-term borrowings amounted to ¥5,000,000.00, reflecting an increase in required funds during the reporting period[16]