中嘉博创(000889) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥592,112,386.81, representing a 50.05% increase compared to ¥394,606,437.67 in the same period last year[5]. - Net profit attributable to shareholders for the same period was ¥65,451,649.03, up 43.27% from ¥45,685,374.42 year-on-year[5]. - The basic earnings per share increased to ¥0.1053, a rise of 43.27% compared to ¥0.0735 in the previous year[5]. - The weighted average return on equity improved to 2.43%, an increase of 0.46 percentage points from 1.97%[5]. - The company’s operating profit increased by 36.76%, up by 19.70 million CNY, mainly due to revenue growth[11]. - The company’s total profit increased by 38.54%, up by 20.66 million CNY, primarily driven by revenue increases[11]. Assets and Cash Flow - The total assets at the end of the reporting period were ¥3,270,460,514.27, reflecting a 1.47% increase from ¥3,223,186,028.74 at the end of the previous year[5]. - The net cash flow from operating activities was negative at -¥164,115,481.75, worsening by 58.59% compared to -¥103,484,802.21 in the same period last year[5]. - Cash and cash equivalents decreased by 36.68%, down by 126.57 million CNY, primarily due to increased expenses in the communication network maintenance business of the wholly-owned subsidiary Guangdong Changshi Communication Technology Co., Ltd.[11]. - The net cash flow from operating activities decreased by 58.59%, down by 60.63 million CNY, as cash outflows increased more than cash inflows[12]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,227[7]. - The largest shareholder, Xiaochang Yingxi Valley Investment Center, held 23.86% of the shares, amounting to 148,360,844 shares[7]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[8]. Business Operations - Operating revenue increased by 50.05%, up by 197.51 million CNY, mainly driven by a 61.38 million CNY increase in revenue from Chuangshi Mandao and a 137.83 million CNY increase from Changshi Communication[11]. - Net profit rose by 43.27%, increasing by 19.77 million CNY, primarily due to the increase in revenue[11]. - Short-term borrowings increased by 150.00%, up by 30 million CNY, due to new loans taken by Changshi Communication in 2018[11]. - Inventory increased by 116.51%, up by 6.22 million CNY, to meet the growing business needs of Changshi Communication[11]. Acquisitions and Subsidies - The company plans to acquire 100% equity of Zhongtian Jiahua Information Technology Co., Ltd. for a total consideration of 1.48 billion CNY, which is expected to enhance the company's market share and profitability in the information transmission business[13]. - The company received government subsidies of 1.09 million CNY, contributing to a significant increase in other income[12]. - The company reported non-recurring gains and losses totaling ¥868,425.66 for the year-to-date[5].