712 Corp.(SH:603712)2018-04-25 16:00Financial Performance - Operating revenue for the first quarter was CNY 212,322,911.91, reflecting a growth of 12.29% compared to the same period last year[6]. - The net profit attributable to shareholders was CNY 3,151,817.83, a significant recovery from a loss of CNY 5,792,648.65 in the previous year[6]. - Net profit for Q1 2018 reached CNY 3,151,817.83, a significant recovery from a net loss of CNY 5,792,648.65 in Q1 2017[12]. - Operating profit improved to CNY 4,238,472.86, compared to an operating loss of CNY 5,606,523.86 in the same period last year[12]. - Total operating revenue for Q1 2018 was CNY 212,322,911.91, an increase of 12.9% compared to CNY 189,081,551.43 in the same period last year[23]. - Net profit for Q1 2018 was CNY 14,688,795.76, a decrease from CNY 15,435,578.89 in the same period last year, representing a decline of approximately 4.84%[28]. - The total comprehensive income for Q1 2018 was CNY 14,688,795.76, reflecting a decrease from CNY 15,435,578.89 in the prior year[28]. Cash Flow - Cash flow from operating activities was CNY 83,723,090.13, a turnaround from a negative cash flow of CNY 97,321,142.83 in the same period last year[6]. - The company’s cash flow from financing activities was CNY 193,490,622.41, a recovery from negative cash flow of CNY -59,596,077.09 in the previous year[12]. - Operating cash inflow for Q1 2018 totaled CNY 434,805,613.81, compared to CNY 238,967,153.16 in Q1 2017, indicating an increase of about 81.91%[31]. - The net cash flow from operating activities was CNY 83,723,090.13, a significant improvement from a net outflow of CNY 97,321,142.83 in the previous year[31]. - The company experienced a cash increase of CNY 276,573,519.66 during the quarter, contrasting with a cash decrease of CNY 179,776,060.53 in Q1 2017[32]. Assets and Liabilities - Total assets increased by 5.84% to CNY 3,821,159,976.65 compared to the end of the previous year[6]. - Total assets increased to CNY 3,904,171,182.82 from CNY 3,680,322,690.99, marking a growth of 6.1%[20]. - Current assets rose to CNY 3,131,407,177.65, up from CNY 2,908,582,442.84 at the start of the year[14]. - Total liabilities decreased to CNY 1,765,203,487.02 from CNY 1,953,065,746.84, a reduction of 9.6%[20]. - Total liabilities decreased to CNY 1,767,266,766.81 from CNY 1,956,581,598.59 at the beginning of the year[16]. - The company reported a significant reduction in short-term borrowings from CNY 450,000,000.00 to CNY 255,000,000.00, a decrease of 43.3%[20]. Shareholder Information - The number of shareholders reached 71,703, indicating a stable shareholder base[9]. - Net assets attributable to shareholders rose by 24.20% to CNY 2,053,893,209.84 year-on-year[6]. - Shareholders' equity rose to CNY 2,138,967,695.80, up from CNY 1,727,256,944.15, indicating an increase of 23.9%[20]. Operational Efficiency - The company plans to continue focusing on cost management and operational efficiency to enhance profitability in future quarters[24]. - The company reported a significant increase in sales expenses by 30.43% to CNY 9,766,061.65 due to revenue growth[12]. - Total operating costs for Q1 2018 were CNY 208,870,633.17, up from CNY 197,111,380.20, reflecting a year-over-year increase of 6.4%[24]. Government Support - The company received government subsidies amounting to CNY 905,000.00, which are closely related to its normal business operations[8]. Earnings Per Share - Earnings per share for Q1 2018 were CNY 0.004, compared to a loss per share of CNY 0.009 in the same quarter last year[25]. - The company reported a basic and diluted earnings per share of CNY 0.02, unchanged from the previous year[28].