安记食品(603696) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 70,655,171.21, representing an increase of 22.87% year-on-year[6] - Net profit attributable to shareholders was CNY 10,232,378.41, up 13.38% from the previous year[6] - Basic earnings per share increased to CNY 0.09, reflecting a growth of 12.5%[6] - The weighted average return on equity rose to 1.51%, an increase of 0.16 percentage points[6] - The company reported non-recurring gains of CNY 702,176.02 for the period[9] - Total operating revenue for Q1 2018 was CNY 70,655,171.21, an increase of 22.6% compared to CNY 57,506,276.60 in the same period last year[23] - Net profit attributable to shareholders for Q1 2018 was CNY 12,841,500.91, reflecting a growth of 16.5% compared to CNY 11,016,418.11 in Q1 2017[23] - The net profit for Q1 2018 reached CNY 11,894,382.89, up from CNY 10,973,078.84, reflecting a growth of 8.4% year-over-year[26] - The total profit for Q1 2018 was CNY 13,993,391.64, an increase from CNY 13,299,328.62 in the same quarter of the previous year, representing a growth of 5.2%[25] - The company's operating profit for Q1 2018 was CNY 13,994,629.14, compared to CNY 12,757,739.55 in Q1 2017, indicating a rise of 9.7%[25] Cash Flow - The net cash flow from operating activities was CNY -158,220,884.98, a significant decline of 1097.30% compared to the same period last year[6] - Cash inflow from operating activities was CNY 66,360,991.28, significantly higher than CNY 49,919,502.84 in the previous year, marking a growth of 32.8%[28] - The net cash flow from operating activities was -158,220,884.98 RMB, compared to -13,214,822.91 RMB in the previous period, indicating a significant decline in cash generation from operations[29] - Total cash inflow from investment activities was 82,831,135.89 RMB, down from 115,552,191.79 RMB in the previous period, reflecting a decrease in investment recovery[31] - The net cash flow from investment activities improved to 2,761,138.76 RMB from -84,652,652.82 RMB, showing a positive turnaround in investment cash flow[29] - Cash and cash equivalents at the end of the period were 124,765,440.45 RMB, down from 276,543,925.54 RMB in the previous period, indicating a reduction in liquidity[30] - The total cash outflow from operating activities was 224,581,876.26 RMB, significantly higher than 63,134,325.75 RMB in the previous period, highlighting increased operational expenses[29] - The cash flow from sales of goods and services was 65,972,026.06 RMB, an increase from 44,472,414.17 RMB, indicating growth in revenue generation[31] Assets and Liabilities - Total assets at the end of the reporting period were CNY 761,643,751.04, a decrease of 0.39% compared to the end of the previous year[6] - Total assets decreased to CNY 761,643,751.04 from CNY 764,630,205.81[17] - Total current assets slightly decreased to CNY 524,226,030.73 from CNY 526,021,195.55[17] - Total non-current assets decreased to CNY 237,417,720.31 from CNY 238,609,010.26[17] - The total liabilities decreased to CNY 28,365,344.28 from CNY 40,810,469.26, indicating a reduction of 30.5%[22] - The company's total assets as of March 31, 2018, were CNY 783,368,943.40, slightly down from CNY 783,919,685.49 at the beginning of the year[21] Shareholder Information - The total number of shareholders at the end of the reporting period was 5,959[10] - The largest shareholder, Lin Xiaofang, holds 54.00% of the shares, with 22,260,000 shares pledged[10] - The total equity attributable to shareholders increased to CNY 755,003,599.12 from CNY 743,109,216.23, reflecting a growth of 1.6%[22] Receivables and Payables - Accounts receivable increased by 75.00% to CNY 16,649,697.85 from CNY 9,514,221.89 due to increased sales revenue from specific customers[13] - Prepayments rose by 145.04% to CNY 19,966,398.79 from CNY 8,148,056.52 primarily due to significant advance payments for bulk materials[13] - Other receivables increased by 80.39% to CNY 1,052,079.04 from CNY 583,212.87, mainly due to prepaid expenses not yet invoiced[13] - The company reported a significant reduction in employee compensation payable by 49.42% to CNY 2,144,793.98 from CNY 4,240,652.44 due to the distribution of last year's bonuses[13] - Financial expenses decreased by 41.80% to CNY -650,545.73 from CNY -1,117,858.19, attributed to reduced interest income from bank deposits[13] Operational Insights - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company anticipates potential losses or significant changes in net profit compared to the same period last year[14] - The company's operating costs for Q1 2018 were CNY 48,387,359.37, an increase from CNY 36,813,280.97 in the same period last year, reflecting a rise of 31.4%[25] - The total amount of other comprehensive income after tax was negative CNY 2,265,457.02, compared to negative CNY 453,168.67 in the previous year[25] - The impact of exchange rate changes on cash and cash equivalents was -2,193,365.93 RMB, compared to -487,853.59 RMB in the previous period, indicating a negative effect from currency fluctuations[30]