SCMF(SZ:000731)2018-04-23 16:00Financial Performance - The company's operating revenue for Q1 2018 was ¥566,485,226.20, a decrease of 19.72% compared to ¥705,594,078.01 in the same period last year[8] - Net profit attributable to shareholders was ¥47,692,555.81, an increase of 45.99% from ¥32,667,568.61 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥47,396,484.87, reflecting a growth of 53.75% compared to ¥30,827,062.49 in the previous year[8] - Basic earnings per share rose to ¥0.0806, up 46.01% from ¥0.0552 year-on-year[8] - Operating profit increased by 19.92 million yuan, up 53%, driven by higher sales prices of LNG and ammonium nitrate products[16] Cash Flow - The net cash flow from operating activities improved to -¥23,556,309.31, a 58.55% increase from -¥56,826,005.79 in the same period last year[8] - Net cash flow from operating activities increased by 33.27 million yuan, up 59%, mainly due to reduced cash expenditures for purchasing goods compared to the previous year[16] - Net cash flow from investing activities increased by 15.46 million yuan, up 40%, primarily due to decreased cash outflows for LNG project construction compared to last year[16] - Net cash flow from financing activities increased by 349.73 million yuan, up 91%, mainly due to the previous year's reduction in loan scale and repayment of bank borrowings[16] Assets and Shareholder Equity - Total assets at the end of the reporting period were ¥4,209,022,784.24, a decrease of 3.76% from ¥4,373,523,538.06 at the end of the previous year[8] - Net assets attributable to shareholders increased to ¥2,674,034,553.45, a growth of 1.95% from ¥2,622,931,978.11 at the end of the previous year[8] - The weighted average return on equity was 1.80%, an increase of 0.48% compared to 1.32% in the previous year[8] - The total number of ordinary shareholders at the end of the reporting period was 55,950[11] Business Operations - Operating revenue decreased by 139 million yuan, a decline of 20%, mainly due to the company's adjustment of business structure and reduction of low-margin trading activities[15] - Accounts receivable decreased by 86.93 million yuan, down 52%, primarily due to the use of acceptance bills for raw material payments and the collection of matured bills[15] - Prepayments increased by 27.21 million yuan, up 56%, mainly due to an increase in gas and electricity prepayments[15] - Investment income increased by 4.05 million yuan, up 195%, mainly due to higher profits from certain joint ventures and associates compared to the previous year[16] - The company reported non-recurring gains of ¥296,070.94 during the reporting period[9]