胜利股份(000407) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥1,044,564,216.85, representing a 36.15% increase compared to ¥767,227,291.53 in the same period last year[5] - The net profit attributable to shareholders was ¥32,959,546.11, up 36.10% from ¥24,216,955.57 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥32,608,301.55, reflecting a 31.55% increase from ¥24,788,436.15 in the previous year[5] - The basic earnings per share increased to ¥0.04, a rise of 33.33% compared to ¥0.03 in the same period last year[5] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,874,233,086.23, marking a 16.43% increase from ¥5,045,105,272.69 at the end of the previous year[6] - The ending balance of accounts payable increased, primarily due to an increase in accepted bills[6] - The ending balance of inventory increased compared to the beginning of the period, attributed to the rise in raw materials and inventory for natural gas pipeline manufacturing[3] - The ending balance of goodwill increased due to the premium acquisition of Chongqing Shengbang Gas Co., Ltd.[5] Cash Flow - The net cash flow from operating activities was negative at -¥87,198,612.03, a significant decrease from ¥14,800,618.16 in the same period last year, representing a decline of 689.16%[5] - Cash flow from operating activities decreased compared to the previous period, mainly due to a significant increase in cash payments for goods and services[18] Shareholder Information - The company reported a total of 45,623 common shareholders at the end of the reporting period[10] - The top shareholder, Guangzhou Runkaisheng Investment Co., Ltd., held 9.33% of the shares, amounting to 82,075,945 shares, with a significant portion pledged[10] - The company did not engage in any repurchase transactions during the reporting period[11] Business Operations - The net profit attributable to the parent company increased compared to the same period last year, mainly due to the growth in natural gas business revenue[15] - Operating income increased year-on-year, primarily driven by the expansion of the natural gas business[9] - The company reported an increase in sales expenses due to the rise in transportation and labor costs associated with the growth of the natural gas business[11] Financial Management - Financial expenses increased year-on-year due to a rise in borrowings[12] - Investment income decreased compared to the previous year, as there were no significant investment gains this period[14] Future Plans - The company is planning a non-public stock issuance to fund projects such as "Village Access" and "Smart Gas System" to accelerate the development of its natural gas business[16]