万马股份(002276) - 2018 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2018 was ¥1,735,786,509.40, representing a 41.19% increase compared to ¥1,229,358,023.83 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥28,254,818.31, an improvement of 10.44% from a loss of ¥31,547,892.11 in the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥20,173,547.30, showing a significant improvement of 55.89% from a loss of ¥45,732,599.13 year-on-year[8] - The net cash flow from operating activities was a negative ¥249,859,912.12, which is a 39.00% improvement compared to a negative ¥409,580,768.40 in the same period last year[8] - The weighted average return on net assets was -0.71%, an improvement of 31.07% from -1.03% in the previous year[8] Assets and Shareholder Information - Total assets at the end of the reporting period were ¥6,884,339,747.13, down 2.26% from ¥7,043,224,157.58 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 2.05%, amounting to ¥3,892,741,154.66 compared to ¥3,974,250,037.64 at the end of the previous year[8] - The company reported a total of 111,518 common shareholders at the end of the reporting period[13] - Zhejiang Wanma Investment Group Co., Ltd. held 30.41% of the shares, amounting to 314,916,312 shares, with 120,000 shares pledged[13] Operational Highlights - The company's operating revenue increased by 41.19% to ¥173,578.65 million, primarily due to an increase in product sales volume[18] - The operating cost rose by 36.66% to ¥147,606.01 million, also attributed to the increase in product sales volume[18] - Cash flow from operating activities improved by 39.00%, with a net outflow of ¥24,985.99 million, mainly due to reduced cash procurement payments[18] - The company reported a significant decrease in cash and cash equivalents, down 49.81% to ¥48,255.68 million, due to increased sales and operational capital requirements[18] - The company reported a 62.71% reduction in minority shareholders' losses, down to ¥85.30 million, indicating improved operational performance for minority interests[18] Investment and Future Outlook - The investment income showed a drastic decline of 2019.69%, resulting in a loss of ¥397.40 million, primarily due to increased losses from financial hedging instruments[18] - The company expects a net profit attributable to shareholders for the first half of 2018 to range between ¥3,717.13 million and ¥6,290.53 million, reflecting a decrease of 35.00% to an increase of 10.00% compared to the same period in 2017[21] - The company has increased its investment in new energy projects, which has led to a reduction in government subsidies compared to the previous year[21] - The company’s deferred income increased by 55.21% to ¥1,662.91 million, mainly due to new subsidies for charging stations[18] - The company’s cash flow from investing activities showed a significant outflow of ¥24,850.82 million, a decrease of 353.54%, primarily due to the purchase of bank wealth management products[18] Share Repurchase - The company did not engage in any repurchase transactions during the reporting period[15]