NHU(SZ:002001)2018-04-27 16:00Financial Performance - The company's operating revenue for Q1 2018 reached ¥3,045,451,020.04, representing a 148.00% increase compared to ¥1,227,987,835.37 in the same period last year[7]. - Net profit attributable to shareholders was ¥1,493,714,340.67, a significant increase of 544.56% from ¥231,742,243.62 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥1,483,150,753.83, reflecting a 577.95% increase compared to ¥218,769,856.95 in the previous year[7]. - Basic earnings per share increased to ¥1.18, a rise of 461.90% from ¥0.21 in the previous year[7]. - The total profit for the period was CNY 1,800,115,805.21, up from CNY 283,097,031.42 in the previous year, indicating a growth of approximately 536%[40]. - The company's operating profit was CNY 1,800,352,658.46, compared to CNY 277,304,671.90 in Q1 2017, reflecting an increase of around 549%[40]. - The total comprehensive income for the period was CNY 1,485,831,910.69, compared to CNY 215,987,082.01 in Q1 2017, marking an increase of about 586%[41]. Cash Flow - The net cash flow from operating activities was ¥393,653,097.96, up 210.07% from ¥126,956,024.21 in the same quarter last year[7]. - Cash and cash equivalents decreased by 64.35% compared to the beginning of the year, mainly due to the purchase of financial products during the reporting period[14]. - The company's cash flow from financing activities included CNY 29,686,251.72 from borrowings, down from CNY 712,995,671.91 in the previous period[48]. - The company reported a net decrease in cash and cash equivalents of CNY 4,793,678,464.24, compared to an increase of CNY 253,982,044.54 in the previous period[48]. - Operating cash inflow totaled CNY 2,193,715,803.58, an increase of 73.2% compared to CNY 1,265,699,319.73 in the previous period[47]. Assets and Liabilities - Total assets at the end of the reporting period were ¥19,576,796,995.58, marking a 7.67% increase from ¥18,182,814,769.32 at the end of the previous year[7]. - The company's total liabilities decreased to CNY 4,094,844,563.27 from CNY 4,186,694,247.70, showing a reduction of about 2.2%[33]. - Accounts receivable increased by 53.30% compared to the beginning of the year, primarily due to increased sales revenue during the reporting period[14]. - Inventory levels rose to RMB 1,841,001,330.39 from RMB 1,554,791,210.60, reflecting increased production or stockpiling[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 46,872[10]. - The largest shareholder, Xinhengcheng Holdings Group, holds 48.55% of the shares, totaling 613,678,257 shares[10]. - The company’s employee stock ownership plan completed the purchase of 20,227,641 shares, accounting for 1.86% of the total share capital at an average price of 14.59 CNY per share[17]. Tax and Expenses - The company’s income tax expense increased by 476.05% year-on-year, primarily due to increased profits during the reporting period[14]. - The company's tax expenses for the period were CNY 298,390,483.25, compared to CNY 51,799,157.96 in Q1 2017, reflecting an increase of about 475%[40]. - Financial expenses increased by 526.62% year-on-year, primarily due to exchange rate fluctuations during the reporting period[14]. Mergers and Compliance - The company decided to absorb and merge its subsidiary Zhejiang Xinweipu Additives Co., Ltd., with all assets, liabilities, and equity being incorporated into the company[18]. - The company has committed to fulfilling its promises regarding non-competition and related party transactions, ensuring compliance with regulations[22]. - There were no reported violations regarding external guarantees during the reporting period[24]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[25].