JINHUI(SH:603919)2018-04-20 16:00Financial Performance - Net profit attributable to shareholders rose by 6.63% to CNY 121,187,601.56 year-on-year[7] - Operating revenue grew by 5.44% to CNY 487,318,441.02 compared to the same period last year[7] - Basic and diluted earnings per share increased by 6.45% to CNY 0.33[7] - Net profit for the period was ¥121,187,601.56, up 6.4% from ¥113,655,515.22 in the same period last year[35] - Total operating revenue for the period reached ¥487,318,441.02, an increase of 5.0% compared to ¥462,163,302.15 in the previous period[34] Cash Flow - Net cash flow from operating activities improved significantly, reaching CNY 81,638,021.94, a 364.85% increase from the previous year[7] - Cash flow from operating activities generated a net amount of ¥81,638,021.94, a significant improvement compared to a net outflow of ¥30,824,765.25 in the previous period[41] - Cash flow from operating activities included ¥329,501,000.00 from sales, up from ¥284,515,496.80 in the previous period, indicating strong sales growth[44] - Net cash flow from operating activities was ¥54,802,004.51, up 43.5% from ¥38,194,328.24 year-over-year[45] - Total cash outflow from operating activities was ¥292,665,535.48, compared to ¥248,030,598.24 in the previous period, reflecting increased operational expenses[45] Assets and Liabilities - Total assets increased by 1.91% to CNY 2,377,604,741.40 compared to the end of the previous year[7] - Total liabilities decreased by 15.1% to ¥429,021,154.01 from ¥505,635,992.32, indicating improved financial stability[28] - Current assets totaled ¥652,221,673.45, an increase of 5.5% from ¥618,113,207.72 at the start of the year[31] - Total liabilities decreased to ¥446,397,761.07 from ¥454,180,304.95, a reduction of 1.8%[32] - The company reported a 39.82% decrease in accounts payable to ¥94,916,634.78 from ¥157,710,006.31, reflecting reduced material payables[15] Shareholder Information - The total number of shareholders reached 24,729 by the end of the reporting period[12] - The largest shareholder, Gansu Yate Investment Group Co., Ltd., holds 55.28% of the shares, totaling 201,212,050 shares[13] Government Subsidies - The company received government subsidies amounting to CNY 4,361,698.62, which are closely related to its normal business operations[10] - Other income increased dramatically by 2,102.88% to ¥4,361,698.62 from ¥198,000.00, mainly due to government subsidies related to operating activities[17] Inventory and Receivables - Accounts receivable increased by 32.84% to ¥14,592,166.93 from ¥10,984,728.09 due to higher receivables from supermarkets and hotels[15] - Prepayments surged by 224.28% to ¥5,493,615.85 from ¥1,694,084.93, primarily due to increased advertising and material payments[16] - The company reported an increase in inventory to ¥397,675,230.82, up 1.6% from ¥391,648,593.17 at the beginning of the year[31] Strategic Initiatives - The company has implemented a strategy to adjust the prices of mid-to-high-end products in response to market trends[7] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[34] Dividend and Financing Activities - The company paid dividends and interest totaling ¥217,500.01, significantly lower than ¥42,933.33 in the previous period[46] - Cash flow from financing activities showed a net outflow of ¥217,500.01, compared to a net outflow of ¥12,042,933.33 in the previous period[46]