徐工机械(000425) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥10,783,685,805.84, representing a 79.79% increase compared to ¥5,997,901,569.33 in the same period last year[8] - Net profit attributable to shareholders was ¥519,462,424.16, a significant increase of 157.39% from ¥201,818,831.99 year-on-year[8] - The net profit after deducting non-recurring gains and losses reached ¥492,315,216.78, up 205.67% from ¥161,060,639.78 in the previous year[8] - The basic earnings per share increased by 141.38% to ¥0.07 from ¥0.029 in the same period last year[8] - The total assets at the end of the reporting period were ¥53,088,869,334.28, reflecting a 6.67% increase from ¥49,770,025,360.69 at the end of the previous year[8] - The weighted average return on equity rose to 2.23%, an increase of 1.25 percentage points compared to 0.98% in the previous year[8] - The net cash flow from operating activities was ¥722,237,646.42, showing a slight increase of 4.42% from ¥691,633,739.77 year-on-year[8] Shareholder Information - The company reported a total of 279,602 common shareholders at the end of the reporting period[13] - The largest shareholder, Xugong Group Engineering Machinery Co., Ltd., holds 42.60% of the shares, amounting to 2,985,042,012 shares[13] - The company did not engage in any repurchase transactions during the reporting period[14] Investment and Expenses - The company's subsidiary Xugong Investment increased its equity investment by 77.71% during the reporting period[17] - Investment in ground cranes and hydraulic components increased by 35.03% due to ongoing technical transformation projects[17] - Short-term borrowings decreased by 36.88% as the company repaid part of its short-term loans[17] - Sales expenses rose by 54.73% attributed to increased sales and marketing efforts[17] - Research and development expenses increased by 60.79% reflecting the company's commitment to innovation[17] - The company reported a 190.50% increase in income tax expenses due to higher total profit achieved during the period[17] - Cash flow from investment activities increased by 854.13% as cash paid for investments rose compared to the same period last year[17] - The company received government subsidies that were not recognized in profit and loss, leading to a 36.05% increase in deferred income[17] Regulatory Approvals - The company has received approval for a non-public issuance of A-shares from the China Securities Regulatory Commission[18]