三孚股份(603938) - 2018 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 21.29% to CNY 43,309,410.50 year-on-year[5] - Operating income grew by 6.93% to CNY 281,469,263.19 compared to the same period last year[5] - Total operating revenue for the current period is CNY 281,469,263.19, an increase of 6.4% from CNY 263,239,771.12 in the previous period[25] - Net profit for the current period is CNY 43,309,410.50, representing a growth of 21.1% compared to CNY 35,707,916.48 in the previous period[26] - Total profit for the current period is CNY 57,768,498.63, up from CNY 46,914,004.99, indicating a growth of 23.5%[26] - The company reported a total comprehensive income of CNY 43,309,410.50, compared to CNY 35,707,916.48 in the previous period, reflecting a growth of 21.1%[27] Cash Flow - Cash flow from operating activities increased by 61.77% to CNY 39,398,434.55 year-on-year[5] - Cash flow from operating activities for the current period is CNY 39,398,434.55, an increase of 62.0% from CNY 24,354,557.23 in the previous period[30] - Total cash inflow from operating activities reached CNY 208,906,715.47, compared to CNY 122,563,123.08 in Q1 2017, indicating a year-over-year increase of about 70%[34] - Cash outflow from operating activities was CNY 159,260,422.99, up from CNY 108,376,204.20 in the previous year, reflecting a rise of approximately 47%[34] - The net cash increase for the period was CNY 27,455,143.25, compared to a decrease of CNY 15,260,179.42 in the same quarter last year, highlighting improved cash management[34] Assets and Liabilities - Total assets increased by 5.16% to CNY 1,106,029,165.46 compared to the end of the previous year[5] - Current assets totaled ¥739,823,886.81, an increase of 5.7% from ¥699,864,848.60 at the start of the year[17] - Total liabilities amounted to ¥84,741,777.43, an increase of 14.4% from ¥74,120,470.89 at the start of the year[19] - Non-current assets totaled ¥366,205,278.65, an increase of 4.0% from ¥351,916,923.14 at the beginning of the year[18] Expenses - Management expenses rose by 44.61% to CNY 8,922,541.38 primarily due to increased R&D and employee compensation[12] - Total operating costs for the current period are CNY 227,998,583.66, up from CNY 216,449,857.14, reflecting a rise of 7.2%[26] - Sales expenses decreased to CNY 21,685,780.16 from CNY 24,444,905.03, a decline of 11.5%[26] Cash and Equivalents - Cash and cash equivalents rose to ¥72,049,731.05, up 52.5% from ¥47,216,975.20 at the beginning of the year[17] - Cash and cash equivalents at the end of the period totaled CNY 54,823,570.33, up from CNY 30,520,754.67 at the end of Q1 2017, marking an increase of about 79%[34] Accounts Receivable and Inventory - Accounts receivable increased by 77.24% to CNY 74,731,465.14 due to increased sales revenue and collection cycles[11] - Accounts receivable increased to ¥215,938,159.55, a rise of 8.2% compared to ¥199,571,037.37 at the start of the year[17] - Inventory decreased to ¥83,961,368.14, down 10.8% from ¥94,172,067.48 at the beginning of the year[17] Investment Activities - The company reported a significant increase in cash outflows for fixed assets and intangible assets, totaling CNY 18,165,435.63, reflecting ongoing project investments[13] - Investment activities resulted in a net cash outflow of CNY 21,828,152.16, compared to CNY 1,107,745.34 in Q1 2017, showing a significant increase in investment expenditures[34] - The company received CNY 4,094,755.47 in investment income during the quarter, contributing positively to cash inflows[34] Exchange Rate Impact - Financial expenses surged by 201.95% to CNY 611,115.40 mainly due to exchange rate fluctuations[12] - The impact of exchange rate fluctuations on cash and cash equivalents was a decrease of CNY 362,997.07, reflecting currency volatility[34]