德宏股份(603701) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 121,625,347.80, representing a year-on-year increase of 1.47%[6] - Net profit attributable to shareholders of the listed company was CNY 19,454,688.32, down 1.51% from the same period last year[6] - Basic earnings per share were CNY 0.16, reflecting a decrease of 5.88% compared to the same period last year[6] - The weighted average return on equity decreased by 0.32 percentage points to 3.23%[6] - The company reported a decrease in net profit after deducting non-recurring gains and losses by 8.78% year-on-year[6] - Total revenue for Q1 2018 was CNY 121,625,347.80, an increase of 1.3% compared to CNY 119,860,221.22 in the same period last year[23] - Net profit for Q1 2018 reached CNY 19,401,375.92, compared to CNY 19,105,813.11 in the previous year, indicating a growth of 1.5%[24] - Operating profit for the period was CNY 22,679,643.07, slightly higher than CNY 22,369,806.69 in the previous year, reflecting a growth of 1.38%[27] - Net profit for Q1 2018 reached CNY 19,702,407.71, up 2.78% from CNY 19,167,554.82 in Q1 2017[27] Cash Flow - Net cash flow from operating activities was CNY 6,194,131.83, a decrease of 5.01% compared to the previous year[6] - Cash flow from operating activities generated a net amount of CNY 6,194,131.83, a decrease of 4.98% from CNY 6,520,639.66 in the same quarter last year[31] - Net cash flow from investing activities improved by 94.58%, moving from CNY -21,614,708.04 to CNY -1,170,593.44, attributed to compensation received for land acquisition[13] - Net cash flow from financing activities significantly worsened by 6,354.74%, from CNY -155,983.06 to CNY -10,068,300.17, due to repayment of short-term borrowings[13] - The net cash flow from financing activities was negative at CNY -10,068,300.17, compared to CNY -155,983.06 in Q1 2017, showing a larger outflow this year[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 840,615,091.18, a decrease of 1.07% compared to the end of the previous year[6] - Total assets decreased from CNY 849,693,660.85 to CNY 840,615,091.18, reflecting a slight decline in overall financial position[17] - Total liabilities decreased from CNY 257,289,883.49 to CNY 227,618,337.90, indicating improved debt management[18] - The total liabilities decreased to CNY 231,767,461.27 from CNY 257,034,767.05, a reduction of 9.8%[22] - The company's equity increased to CNY 622,598,291.96 from CNY 601,704,284.25, reflecting a growth of 3.5%[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 12,325[9] - The largest shareholder, Zhang Yuanyuan, held 42.17% of the shares, totaling 50,400,000 shares[9] Investment Performance - Investment income rose by 128.01% from CNY 700,189.03 to CNY 1,596,525.82, driven by increased returns from financial products[13] - Other income increased by 90.52% from CNY 747,634.78 to CNY 1,424,413.83, mainly due to higher government subsidies received[13] - Investment income for the period was CNY 1,596,525.82, a significant increase from CNY 700,189.03 in the same quarter last year, indicating improved investment performance[26] Changes in Financial Position - Short-term borrowings decreased from CNY 10,000,000 to CNY 0, a change attributed to repayment[12] - Prepayments dropped by 87.31% from CNY 2,514,332.28 to CNY 319,144.11, due to offsetting accounts receivable after deliveries[12] - Employee compensation payable decreased by 49.67% from CNY 8,301,879.01 to CNY 4,178,104.53, resulting from payments made during the period[12] - Tax payable increased by 43.64% from CNY 5,448,001.76 to CNY 7,825,432.53, primarily due to an increase in VAT payable[12] Current Assets - Current assets totaled CNY 559,897,304.12, a decrease of 2.3% from CNY 572,860,032.28 at the start of the year[21] - The company's cash and cash equivalents decreased to CNY 60,901,828.05 from CNY 65,395,460.80, a decline of 6.3%[20] - Accounts receivable increased to CNY 178,185,711.73 from CNY 163,999,882.07, representing an increase of 8.7%[20]