SHCD(SH:603887)2018-04-26 16:00Financial Performance - Operating revenue rose by 37.11% to CNY 233,194,257.38 compared to the same period last year[7] - Net profit attributable to shareholders increased by 6.94% to CNY 16,363,287.34 year-on-year[7] - Total operating revenue for the current period reached ¥233,194,257.38, a 37.1% increase from ¥170,077,658.39 in the previous period[21] - Net profit for the current period was ¥16,363,287.34, representing a 6.9% increase compared to ¥15,301,135.21 in the previous period[22] - Operating profit decreased to ¥19,379,452.35, down 6.2% from ¥20,657,642.75 in the previous period[22] - The company recorded a total profit of ¥19,536,448.60, slightly down from ¥20,662,310.85 in the previous period[22] Assets and Liabilities - Total assets increased by 0.73% to CNY 1,239,699,199.12 compared to the end of the previous year[7] - Total assets as of March 31, 2018, amounted to CNY 1,239,699,199.12, an increase from CNY 1,230,660,340.55 at the beginning of the year[12] - Current assets totaled CNY 1,095,072,001.94, slightly up from CNY 1,090,797,229.47 at the start of the year, with cash and cash equivalents decreasing from CNY 200,988,696.65 to CNY 139,470,156.08[12] - Total liabilities decreased to CNY 461,916,985.73 from CNY 476,579,674.92, indicating a reduction of about 3.1%[14] - Shareholders' equity rose to CNY 777,782,213.39 from CNY 754,080,665.63, representing an increase of approximately 3.1%[14] - The non-current assets totaled CNY 144,627,197.18, up from CNY 139,863,111.08, marking an increase of approximately 3.4%[13] Cash Flow - Net cash flow from operating activities decreased by 112.79% to -CNY 56,649,597.42 compared to the previous year[7] - The net cash flow from operating activities was -56,649,597.42 RMB, compared to -26,622,879.96 RMB in the previous period, indicating a decline of approximately 113% in cash flow performance[28] - Total cash inflow from operating activities was 202,491,557.86 RMB, while cash outflow was 259,141,155.28 RMB, resulting in a cash outflow of 56,649,597.42 RMB[28] - Cash flow from investment activities showed a net outflow of -6,878,992.08 RMB, slightly worse than the previous period's outflow of -6,350,783.22 RMB[29] - Cash flow from financing activities resulted in a net outflow of -1,041,009.38 RMB, compared to -7,838,867.67 RMB in the previous period, indicating an improvement of approximately 87%[29] - The ending balance of cash and cash equivalents was 134,668,987.10 RMB, down from 184,774,261.48 RMB in the previous period, reflecting a decrease of about 27%[29] Shareholder Information - The number of shareholders reached 11,867 at the end of the reporting period[10] - The company’s basic earnings per share remained stable at CNY 0.16[7] - Earnings per share remained stable at ¥0.16 for both the current and previous periods[23] Operational Changes - The company reported a significant increase in prepayments by 216.53% to CNY 13,121,993.29 due to increased material payments[11] - The company is planning a major asset restructuring, with details available on the Shanghai Stock Exchange website[11] - The company’s cash and cash equivalents decreased by 30.61% to CNY 139,470,156.08 due to increased guarantee payments[11] - The company has ongoing projects in construction, with capital expenditures reflected in the increase of construction in progress to CNY 14,262,272.95 from CNY 9,112,708.71[13] - Management expenses increased to ¥21,508,829.96, a rise of 98.5% from ¥10,823,031.51 in the previous period[22] - The company is focusing on market expansion and new product development strategies to drive future growth[24]