天安新材(603725) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue rose by 22.02% to CNY 215,706,783.25 year-on-year[6] - Net profit attributable to shareholders increased by 105.40% to CNY 11,903,384.84 compared to the same period last year[6] - Basic earnings per share increased by 66.67% to CNY 0.10[6] - Total operating revenue for Q1 2018 was CNY 215,706,783.25, an increase of 22% compared to CNY 176,783,577.46 in the same period last year[31] - The net profit for Q1 2018 was CNY 8,134,887.69, up 24.9% from CNY 6,515,797.96 in Q1 2017[35] - The total comprehensive income for Q1 2018 was CNY 8,134,887.69, reflecting a 24.9% increase compared to CNY 6,515,797.96 in Q1 2017[35] - The company's operating profit for Q1 2018 was CNY 9,006,543.00, an increase of 19.8% from CNY 7,517,170.93 in the previous year[34] Asset and Liability Management - Total assets increased by 3.38% to CNY 1,344,162,412.29 compared to the end of the previous year[6] - The total liabilities as of March 31, 2018, amounted to CNY 544,630,878.77, compared to CNY 515,986,540.26 at the beginning of the year, indicating an increase of approximately 6%[25] - Long-term borrowings increased by 176.82% to CNY 27,481,125.00, indicating a significant rise in debt financing[12] - The company's short-term borrowings increased to CNY 315,549,999.99 from CNY 247,625,519.66, representing a rise of about 27%[25] - Non-current liabilities totaled CNY 56,523,956.63, up from CNY 44,230,991.11, marking a growth of around 28%[25] Cash Flow Analysis - Cash flow from operating activities showed a significant decline, with a net outflow of CNY 29,316,490.26, worsening by 145.06% compared to the previous year[6] - The company's cash flow from financing activities decreased significantly, with cash received from other financing activities dropping by 20,000,000.00 yuan, a 100% decrease, as no similar transactions occurred during the reporting period[20] - Operating cash inflow totaled CNY 217,680,521.29, a decrease of 2.1% compared to CNY 223,620,510.43 in the previous period[37] - Operating cash outflow amounted to CNY 246,997,011.55, an increase of 4.8% from CNY 235,583,648.53 in the prior period[37] - Net cash flow from operating activities was CNY -29,316,490.26, worsening from CNY -11,963,138.10 year-over-year[37] - Financing cash inflow was CNY 167,890,726.24, an increase of 37.3% from CNY 122,217,577.28 in the previous period[38] - Net cash flow from financing activities was CNY 76,300,496.45, up from CNY 27,918,293.58 year-over-year[38] Shareholder Information - The number of shareholders reached 18,096, reflecting a stable shareholder base[10] - The top shareholder, Wu Qichao, holds 30.73% of the shares, indicating concentrated ownership[10] Investment and Other Income - Non-recurring gains and losses totaled CNY 3,452,641.95, contributing positively to the net profit[8] - Investment income rose by 943,358.11 yuan, a staggering increase of 14,814.23%, attributed to higher returns from matured financial products[17] - Cash received from investment recoveries increased by 75,000,000.00 yuan, a 500% increase, due to more matured financial products compared to the previous year[19] - Cash received from investment income surged by 942,976.03 yuan, up 13,970.02%, due to better returns from matured financial products[19] - The company reported investment income of CNY 949,726.03 in Q1 2018, a significant increase from CNY 6,367.92 in Q1 2017[34] Operational Costs - Total operating costs for Q1 2018 were CNY 201,772,487.46, up from CNY 170,084,382.14, reflecting a growth of approximately 18%[31] - Sales expenses increased to CNY 8,593,121.85 in Q1 2018, up from CNY 6,324,004.97 in Q1 2017, indicating higher marketing efforts[34] - Management expenses rose to CNY 14,130,898.15 in Q1 2018, compared to CNY 11,750,969.50 in the same period last year, reflecting increased operational costs[34] Cash and Cash Equivalents - The company's cash and cash equivalents increased by 67.92% to CNY 254,414,039.87 due to the maturity of financial investments[12] - The ending cash and cash equivalents balance was CNY 244,728,103.13, compared to CNY 49,797,600.97 in the previous period[38]