SUNWARD(SZ:002097)2018-04-20 16:00Financial Performance - The company's operating revenue for Q1 2018 was ¥1,204,008,982.79, representing a 28.13% increase compared to ¥939,649,663.26 in the same period last year[7]. - Net profit attributable to shareholders was ¥110,819,868.49, a 56.63% increase from ¥70,751,944.61 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥108,007,822.73, up 64.40% from ¥65,696,274.26 in the previous year[7]. - Basic and diluted earnings per share increased by 11.95% to ¥0.1049 from ¥0.0937[7]. - The company reported a net profit of ¥116,795,839.87, up 8.5% from ¥107,514,129.77 year-on-year[39]. - Earnings per share (EPS) for the period was ¥0.1049, compared to ¥0.0937 in the same quarter last year, reflecting a growth of 12.7%[39]. - The operating profit for the quarter was ¥158,541,591.58, an increase of 5.4% from ¥149,729,542.16 year-on-year[38]. Cash Flow - The net cash flow from operating activities improved to ¥48,151,188.74, a significant turnaround from a negative cash flow of ¥132,822,619.89 in the same period last year, marking a 136.25% increase[7]. - Operating cash inflow totaled CNY 882,674,153.87, an increase of 50.0% compared to CNY 588,154,532.11 in the previous period[46]. - Cash inflow from financing activities was CNY 1,542,227,035.00, compared to CNY 1,304,464,576.65 in the previous period, marking an increase of 18.2%[47]. - The ending cash and cash equivalents balance was CNY 976,261,495.92, up from CNY 673,886,834.95 in the previous period[48]. - Cash outflow for employee payments was CNY 124,768,348.95, up from CNY 88,599,886.68 in the previous period[47]. Assets and Liabilities - Total assets at the end of the reporting period were ¥12,943,959,267.59, reflecting a 5.34% increase from ¥12,287,746,055.82 at the end of the previous year[7]. - Total liabilities increased to ¥5,094,367,220.68, compared to ¥4,953,559,056.03 in the previous year, indicating a rise of 2.8%[38]. - Total assets increased to CNY 12.94 billion from CNY 12.29 billion, representing a growth of approximately 5.3%[30]. - Current assets rose to CNY 8.29 billion, up from CNY 7.52 billion, indicating an increase of about 10.3%[29]. - Total liabilities increased to CNY 8.14 billion from CNY 7.52 billion, showing a growth of about 8.3%[31]. - Long-term borrowings rose to CNY 2.21 billion from CNY 1.79 billion, an increase of approximately 24.1%[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 74,790[11]. - The largest shareholder, He Qinghua, holds 24.79% of the shares, amounting to 261,761,833 shares, with a portion pledged[11]. - Net assets attributable to shareholders increased to ¥4,339,502,869.05, a 1.33% rise from ¥4,282,362,568.51 at the end of the last year[7]. - Total equity reached ¥4,715,436,914.83, up from ¥4,601,947,999.99, marking an increase of 2.5%[38]. Operational Highlights - Operating revenue increased by 28.13% to CNY 1,204,008,982.79 compared to CNY 939,649,663.26 in the previous year, primarily due to the recovery in the engineering machinery industry[16]. - The cost of goods sold rose significantly, with an increase of CNY 231,670,995.92, reflecting a higher sales volume and increased costs, particularly in the engineering machinery sector[16]. - The company's prepayments increased by 42.75% to CNY 377,679,004.95, mainly due to an increase in material procurement prepayments[16]. - Accounts receivable interest surged by 145.90% to CNY 6,738,118.62, attributed to new interest accruals from financial products[16]. - The construction in progress rose by 68.11% to CNY 105,825,224.82, reflecting increased investment in projects[16]. - The company reported a significant increase in tax liabilities, with a rise of 112.61% to CNY 78,187,353.87, primarily due to corporate income tax accruals[16]. - Financial expenses increased by 41.75% to CNY 63,483,332.68, mainly due to increased exchange losses during the reporting period[16].