森源电气(002358) - 2016 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2016 was ¥426,334,861.05, representing a 45.36% increase compared to ¥293,299,254.78 in the same period last year[8] - Net profit attributable to shareholders was ¥42,897,828.78, up 30.56% from ¥32,855,758.55 year-on-year[8] - The net profit after deducting non-recurring gains and losses decreased by 19.43% to ¥26,471,323.82 from ¥32,855,758.55 in the previous year[8] - The basic earnings per share rose to ¥0.05, a 25.00% increase from ¥0.04 in the same period last year[8] - The diluted earnings per share also increased to ¥0.05, reflecting a 25.00% rise compared to the previous year[8] - The weighted average return on equity was 1.96%, up from 1.56% year-on-year, indicating improved profitability[8] - Net profit attributable to shareholders increased by 30.56% year-on-year, reflecting the rise in revenue[15] - The expected net profit for the first half of 2016 is projected to be between 127.18 million yuan and 156.53 million yuan, representing a year-on-year increase of 30% to 60%[19] Cash Flow and Assets - The net cash flow from operating activities was -¥199,370,238.59, a significant decline compared to -¥8,416,518.08, marking a 2,268.80% increase in cash outflow[8] - Cash and cash equivalents decreased by 33.63% compared to the beginning of the year, mainly due to equipment and raw material procurement expenditures[15] - Cash flow from operating activities decreased by 41.18% year-on-year, primarily due to a reduction in cash received from sales[15] - Total assets at the end of the reporting period were ¥4,870,769,563.76, a 5.31% increase from ¥4,625,165,840.15 at the end of the previous year[8] - The net assets attributable to shareholders increased by 1.98% to ¥2,213,388,695.75 from ¥2,170,490,866.97 at the end of the previous year[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 66,640, with the top ten shareholders holding significant stakes[11] Revenue and Costs - Operating revenue increased by 45.36% year-on-year, driven by a rise in orders[15] - Operating costs rose by 63.78% year-on-year, corresponding to the increase in revenue[15] - Accounts receivable increased by 31.35% compared to the beginning of the year, attributed to increased revenue during the period[15] - Other receivables increased by 83.56% compared to the beginning of the year, mainly due to the payment of bid guarantees[15] Management and Expenses - Management expenses increased by 37.21% year-on-year, primarily due to increased R&D investment[15] Contracts and Projects - The company signed an EPC contract for a 1000MWp photovoltaic power station project with a total contract amount of approximately 8.5 billion yuan, which is progressing smoothly[16]