海螺新材(000619) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥496,895,842.50, a decrease of 11.74% compared to ¥562,967,931.39 in the same period last year[6] - The net profit attributable to shareholders was -¥15,325,667.81, representing a decline of 120.50% from -¥6,950,453.39 year-on-year[6] - The weighted average return on net assets was -0.63%, a decrease of 0.35 percentage points compared to -0.28% in the previous year[6] - Net profit attributable to the parent company decreased by 120.50% year-on-year, mainly due to a decline in sales volume compared to the same period last year[16] Cash Flow and Assets - The net cash flow from operating activities improved by 24.42%, amounting to -¥92,545,794.79 compared to -¥122,454,303.74 in the previous year[6] - The total assets at the end of the reporting period were ¥3,501,752,949.67, a slight decrease of 0.48% from ¥3,518,534,581.69 at the end of the previous year[6] - The net assets attributable to shareholders decreased by 0.63%, totaling ¥2,426,523,815.87 compared to ¥2,441,849,483.68 at the end of the previous year[6] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,435, with the largest shareholder, Anhui Conch Group Co., Ltd., holding 30.63% of the shares[10] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[11] Investment Activities - Investment cash inflows and outflows decreased by 75.89% and 82.07% respectively, mainly due to a reduction in the scale of bank principal-protected financial products purchased by the company[14] - Investment income decreased by 70.41% year-on-year, primarily due to a reduction in the scale of bank principal-protected financial products purchased[16] Current Assets and Liabilities - Prepayments increased by 84.22% compared to the beginning of the year, mainly due to an increase in advance payments for raw materials[16] - Inventory increased by 43.98% compared to the beginning of the year, primarily due to increased purchases of raw materials[16] - Other current assets decreased by 31.05% compared to the beginning of the year, mainly due to a reduction in the scale of bank principal-protected financial products purchased[16] - Employee compensation payable decreased by 90.22% compared to the beginning of the year, mainly due to the payment of the 2017 year-end bonus[16] - Taxes payable decreased by 77% compared to the beginning of the year, primarily due to a reduction in value-added tax and income tax payable[16] Financial Expenses - Financial expenses decreased by 48.48% year-on-year, mainly due to reduced interest expenses after repaying corporate bonds in August 2017[16] Non-Recurring Items - The company reported non-recurring gains and losses totaling ¥15,693,788.30, primarily from government subsidies and other income[7]