新和成(002001) - 2017 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2017 was ¥1,227,987,835.37, representing a 13.01% increase compared to ¥1,086,614,300.36 in the same period last year[9] - Net profit attributable to shareholders was ¥231,742,243.62, a significant increase of 48.86% from ¥155,676,229.09 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥218,769,856.95, up 47.43% from ¥148,390,924.67 in the previous year[9] - The basic earnings per share rose to ¥0.21, reflecting a 50.00% increase compared to ¥0.14 in the same period last year[9] - Total operating revenue for Q1 2017 was CNY 1,227,987,835.37, an increase of 13.0% compared to CNY 1,086,614,300.36 in the same period last year[40] - Net profit for Q1 2017 reached CNY 231,297,873.46, representing a 40.6% increase from CNY 164,413,157.14 in Q1 2016[41] - The company reported a gross profit margin of approximately 21.3% for Q1 2017, compared to 17.0% in Q1 2016[40] - The company reported a total comprehensive income of CNY 77,544,958.68, compared to CNY 26,724,896.03 in the previous year, marking an increase of around 189%[46] Assets and Liabilities - The total assets at the end of the reporting period were ¥11,923,204,428.25, an increase of 4.49% from ¥11,410,385,936.61 at the end of the previous year[9] - The total current assets as of March 31, 2017, were 5,958,034,980.58 yuan, compared to 5,736,740,657.62 yuan at the beginning of the year[32] - The total liabilities as of March 31, 2017, were 3,602,272,297.92 yuan, up from 3,320,088,919.39 yuan at the beginning of the year[34] - The company's long-term borrowings increased significantly to 869,980,651.71 yuan from 500,863,636.38 yuan[34] - Total liabilities for Q1 2017 were CNY 1,707,232,462.84, up from CNY 1,640,352,369.89 in Q1 2016[38] Cash Flow - The net cash flow from operating activities was ¥126,956,024.21, down 29.46% from ¥179,965,849.43 in the same period last year[9] - Cash flow from operating activities generated a net amount of CNY 126,956,024.21, down from CNY 179,965,849.43 year-over-year[49] - The company incurred a total of CNY 737,353,600.02 in cash payments for goods and services, an increase from CNY 605,081,126.52 in the previous year[49] - The company’s cash flow from financing activities generated a net inflow of CNY 303,902,330.17, compared to a net outflow of CNY 178,506,695.59 in the previous year[50] - The net cash flow from investment activities was -302,775,755.83, compared to -163,687,270.78 in the previous year, indicating a decline in investment performance[53] Investments and Future Plans - The company plans to raise up to 4.9 billion yuan through a non-public offering of shares, with proceeds to be fully invested in a project to produce 250,000 tons of methionine annually[20] - The increase in performance is attributed to the rise in average sales prices of the company's main products compared to the same period last year[25] - The company plans to expand its market presence and invest in new product development in the upcoming quarters[41] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,371[12] - The total equity attributable to shareholders of the parent company was 8,293,434,629.25 yuan, compared to 8,062,567,776.47 yuan at the beginning of the year[35] Miscellaneous - The company reported no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[26][27] - The company did not undergo an audit for the first quarter report[54] - The company's chairman is Hu Baifan, who presented the report on April 24, 2017[55]