恒润股份(603985) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue rose by 22.98% to CNY 217,303,685.38 year-on-year[6] - Net profit attributable to shareholders decreased by 11.55% to CNY 26,907,925.38 compared to the same period last year[6] - Basic and diluted earnings per share fell by 33.67% to CNY 0.3363[6] - Total operating revenue for Q1 2018 was CNY 217,303,685.38, an increase of 23.0% compared to CNY 176,703,019.07 in the same period last year[26] - Net profit for Q1 2018 was CNY 26,907,925.38, a decrease of 11.0% from CNY 30,420,718.35 in Q1 2017[28] - Earnings per share for Q1 2018 were CNY 0.3363, down from CNY 0.5070 in the same period last year[28] - The company's net profit for Q1 2018 was CNY 12,264,867.91, a significant increase from CNY 4,599,747.37 in the same period last year, representing a growth of approximately 166%[30] - Operating profit for the quarter reached CNY 14,459,156.37, compared to CNY 5,411,467.49 in Q1 2017, indicating an increase of about 167%[30] Cash Flow - Cash flow from operating activities turned negative at CNY -44,532,937.77, a decline of 191.64% compared to the previous year[6] - Net cash flow from operating activities turned negative at RMB -44,532,937.77, a decline of 191.64% compared to RMB 48,593,683.56 in the previous year[16] - Cash flow from investing activities also worsened, with a net outflow of RMB -145,882,824.28 compared to RMB -27,521,400.64 previously[16] - The company reported a net cash outflow from investing activities of CNY 145,882,824.28, compared to CNY 27,521,400.64 in the previous year[32] - The financing activities generated a net cash inflow of CNY 27,847,119.42, down from CNY 33,785,313.35 in the same quarter last year[32] Assets and Liabilities - Total assets increased by 4.61% to CNY 1,299,570,732.26 compared to the end of the previous year[6] - Total current assets increased to RMB 860,510,817.79 from RMB 823,070,772.27, driven by higher accounts receivable and inventory levels[19] - Total liabilities rose to RMB 267,930,685.49 from RMB 237,593,656.14, reflecting increased short-term borrowings and accounts payable[21] - The company reported a significant decrease in cash and cash equivalents, down to RMB 184,021,192.12 from RMB 338,126,051.58[19] - Total liabilities for Q1 2018 were CNY 89,991,031.19, an increase from CNY 50,099,108.70 in Q1 2017[24] Shareholder Information - The number of shareholders reached 11,052, with the top ten shareholders holding a combined 75.25% of shares[9] Investment and Costs - Significant increase in prepayments by 308.05% to CNY 23,018,619.15, indicating higher procurement payments[13] - Short-term borrowings increased to CNY 27,856,080.00, marking a 100% rise due to new bank loans[13] - Other current assets surged by 448.91% to CNY 150,922,202.94, primarily due to increased bank wealth management products[13] - Operating revenue increased, leading to a 40.19% rise in operating costs, totaling RMB 154,824,586.41 compared to RMB 110,441,999.61 in the previous year[15] - Investment income reached RMB 191,021.94, a significant increase from RMB 0.00, attributed to returns from wealth management products purchased with idle funds[15] - The company invested CNY 180,000,000.00 in new projects during the quarter, compared to no investment in the same period last year[32] Equity and Returns - The weighted average return on equity dropped by 9.29 percentage points to 2.64%[6] - The company reported a total equity of CNY 741,223,269.18, up from CNY 728,958,401.27 in the previous year[24] - Basic earnings per share decreased by 33.67% to RMB 0.3363 from RMB 0.5070, due to an increase in total shares from 60 million to 80 million[15] Foreign Exchange - The company experienced a foreign exchange loss of CNY 998,300.41 during the quarter, compared to a gain of CNY 703,307.74 in the previous year[32]