深南电(000037) - 2018 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2018 reached ¥403,525,942.67, an increase of 26.59% compared to ¥318,755,094.24 in the same period last year[11] - The company reported a net profit margin of approximately 33.5% based on the latest financial data[36] - The net profit for the current period was a loss of ¥15,306,549.40, an improvement compared to a loss of ¥33,629,918.55 in the previous period, reflecting a reduction in losses by approximately 54.4%[41] - The company's gross profit margin for the current period was approximately -3.7%, compared to -10.9% in the previous period, showing an improvement in profitability[40] - Basic and diluted earnings per share for the current period were both -0.02, compared to -0.05 in the previous period, indicating a reduction in loss per share[41] Cash Flow and Financial Position - Net cash flow from operating activities was -¥69,260,605.97, a 67.51% improvement from -¥213,153,838.55 in the previous year[11] - Cash and cash equivalents at the end of the period amounted to RMB 689.28 million, an increase of 57.26% compared to the beginning of the year, primarily due to increased electricity sales revenue and new bank loans[18] - The net cash flow from financing activities for the period was RMB 367.90 million, a year-on-year increase of 148.53%, mainly due to new bank loans[18] - Total cash inflow from financing activities was 545,460,000.00 yuan, significantly higher than 101,780,000.00 yuan in the previous period, reflecting increased borrowing[49] - The cash flow from operating activities showed a net outflow of -46,300,305.13 yuan, an improvement from -229,977,884.42 yuan in the previous period[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,172,002,817.41, reflecting a 9.99% increase from ¥2,883,804,392.70 at the end of the previous year[11] - Current assets increased to ¥1,552,353,676.33 from ¥1,246,229,652.99, representing a growth of approximately 24.5%[31] - Total liabilities increased to ¥1,162,962,812.68 from ¥859,457,838.57, marking a rise of about 35.3%[33] - Short-term borrowings surged to ¥880,850,000.00 from ¥515,850,000.00, an increase of approximately 70.7%[32] - The company's total equity decreased to ¥2,009,040,004.73 from ¥2,024,346,554.13, a decrease of about 0.8%[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 33,019[14] - The largest shareholder, Hong Kong Nam Hoi (International) Ltd, held 15.28% of shares, totaling 92,123,248 shares[14] - Shenzhen Guangju Industrial Co., Ltd. and Shenzhen Energy Group Co., Ltd. held 12.22% and 10.80% of shares, respectively[14] Operational Performance - Operating revenue for the period was RMB 403.53 million, a year-on-year increase of 26.59%, mainly driven by increased electricity sales revenue[18] - Operating costs for the period were RMB 385.05 million, a year-on-year increase of 24.27%, attributed to increased power generation leading to higher costs[18] - The company’s management reported a focus on improving operational efficiency and reducing costs in future strategies to enhance profitability[40] - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[36] Other Financial Metrics - The company reported other income of ¥1,714,804.83 for the current period, with no corresponding figure in the previous period[40] - The total comprehensive income for the current period was a loss of ¥15,306,549.40, compared to a loss of ¥33,629,918.55 in the previous period, indicating a significant reduction in comprehensive losses[41] - The company received government subsidies amounting to ¥1,103,639.94 during the reporting period[12]