国机精工(002046) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥349,809,189.08, representing a 22.64% increase compared to ¥285,222,889.48 in the same period last year[8] - The net profit attributable to shareholders was ¥7,365,215.29, a significant turnaround from a loss of ¥14,079,275.92 in the previous year, marking a 213.31% increase[8] - The basic earnings per share were ¥0.015, compared to a loss of ¥0.040 in the same period last year, representing a 207.14% improvement[8] - The net profit attributable to shareholders for the first half of 2018 is expected to increase by 193.18% to 222.50%, ranging from 20 million to 22 million CNY[17] - The net profit for the first half of 2017 was reported at 6.82 million CNY, indicating a significant improvement in performance year-over-year[17] Cash Flow and Assets - The net cash flow from operating activities was -¥175,223,811.61, a decrease of 177.44% compared to -¥52,429,496.28 in the previous year[8] - The total assets at the end of the reporting period were ¥4,208,660,837.87, reflecting a 12.52% increase from the previous year's end[8] - The net assets attributable to shareholders increased by 25.78% to ¥2,643,289,622.70 from ¥2,101,566,074.27 at the end of the previous year[8] - The company reported a 75.07% increase in cash and cash equivalents due to fundraising received in January 2018[15] - The company’s capital reserve increased by 46.98% due to the issuance of shares for fundraising in January 2018[15] Business Operations - The company’s operating profit and total profit saw significant growth, influenced by the non-inclusion of losses from Fuyang Bearing Co., Ltd. due to its bankruptcy liquidation[15] - The profit growth is attributed to the exclusion of Fuyang Bearing Co., Ltd. from the consolidated financial statements and an increase in main business profits[17] - The company underwent a major asset restructuring in Q4 2017, which impacted the financial results positively in 2018[17] Financial Assets - The fair value of financial assets includes an initial investment of approximately 100 million CNY, with a cumulative fair value loss of about 11 million CNY reported[20] Shareholder Information - The company had a total of 30,625 common shareholders at the end of the reporting period[11]