克来机电(603960) - 2018 Q1 - 季度财报

Financial Performance - Operating income rose by 76.74% to CNY 95,037,767.91 from CNY 53,771,326.50 in the same period last year[6] - Net profit attributable to shareholders increased by 34.02% to CNY 14,493,343.16 compared to CNY 10,814,589.06 in the previous year[6] - The company's revenue for Q1 2018 was RMB 95,037,767.91, representing a 76.74% increase compared to RMB 53,771,326.50 in the same period last year, primarily due to the consolidation of Zhongyuan's financials[13] - Net profit for Q1 2018 was ¥17,193,354.48, representing a 36.5% increase from ¥12,589,548.60 in Q1 2017[23] - The company's total profit for Q1 2018 was CNY 13,178,075.96, a decrease from CNY 15,081,450.81 in the same period last year[26] Cash Flow - Cash flow from operating activities improved significantly, showing a net inflow of CNY 31,433,787.02, a 287.89% increase from a net outflow of CNY 16,730,022.83 in the same period last year[6] - The net cash flow from operating activities was RMB 31,433,787.02, a significant improvement of 287.89% compared to a negative cash flow of RMB (16,730,022.83) in the previous year[13] - The cash and cash equivalents at the end of Q1 2018 were CNY 279,560,383.89, compared to CNY 215,135,087.43 at the end of Q1 2017[29] - Cash received from sales of goods and services reached CNY 56,304,353.12, an increase from CNY 46,983,375.34 in the previous year[30] - The net increase in cash and cash equivalents for the quarter was a decrease of CNY 53,753,745.37 compared to a decrease of CNY 7,249,205.50 in Q1 2017[31] Assets and Liabilities - Total assets increased by 36.65% to CNY 914,436,739.53 compared to the end of the previous year[6] - The company's total assets at the end of Q1 2018 were RMB 571,371,555.77, up from RMB 520,021,487.84 at the beginning of the year[17] - Total assets as of March 31, 2018, amounted to ¥914,436,739.53, compared to ¥669,176,670.91 at the beginning of the year, reflecting a growth of 36.6%[19] - Current liabilities increased to ¥370,853,190.96 from ¥195,400,932.59, marking an increase of 89.5%[19] - Non-current liabilities totaled ¥10,047,000.00, slightly up from ¥9,547,000.00 at the start of the year, indicating a 5.2% increase[19] Shareholder Information - The number of shareholders reached 7,302, indicating a stable shareholder base[10] - The top shareholder, Tan Shili, holds 23.20% of the shares, totaling 24,133,113 shares[10] Earnings and Profitability - Basic earnings per share decreased by 12.50% to CNY 0.14 from CNY 0.16 in the previous year[6] - The weighted average return on equity decreased by 1.86 percentage points to 3.33%[6] - The company reported a gross profit margin of approximately 20.9% for Q1 2018, compared to 23.9% in Q1 2017[23] Acquisitions and Investments - The company acquired 100% equity of Shanghai Zhongyuan for RMB 21 million, with a cash payment of RMB 12 million made in January 2018[13] - The company's goodwill increased to RMB 120,839,559.88, resulting from the acquisition of Zhongyuan[13] Operational Costs - Operating costs increased by 84.28% to RMB 62,045,410.88 from RMB 33,668,553.50 year-on-year, mainly due to the inclusion of Zhongyuan's costs[13] - Operating costs for Q1 2018 were ¥75,030,471.54, up 83.5% from ¥40,867,475.76 in Q1 2017[23] Financial Expenses - The financial expenses showed a significant decrease, with a net income of RMB (520,474.20) compared to RMB 105,506.94 in the previous year, due to increased interest income from cash reserves[13] Other Financial Metrics - Non-recurring gains and losses totaled CNY 350,245.23 for the period[9] - The company incurred an asset impairment loss of CNY (1,055,216.06) in Q1 2018, compared to CNY (466,918.99) in the same period last year[26] - The company's operating profit for Q1 2018 was CNY 12,886,704.83, slightly down from CNY 13,125,604.66 in Q1 2017[26]