森源电气(002358) - 2018 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2018 was CNY 535,575,570.69, representing a 21.10% increase compared to CNY 442,266,878.29 in the same period last year[8] - Net profit attributable to shareholders was CNY 80,795,984.12, a 40.73% increase from CNY 57,413,244.19 year-over-year[8] - The net profit after deducting non-recurring gains and losses was CNY 80,334,214.53, up 42.02% from CNY 56,565,847.19 in the previous year[8] - The basic earnings per share increased by 50.00% to CNY 0.09 from CNY 0.06 in the same period last year[8] - The company expects net profit attributable to shareholders for the first half of 2018 to increase by 20.00% to 50.00%, with an estimated range of 238.42 million to 298.02 million yuan[27] Assets and Liabilities - The total assets at the end of the reporting period were CNY 8,694,868,273.45, reflecting a 1.70% increase from CNY 8,549,338,246.37 at the end of the previous year[8] - The net assets attributable to shareholders were CNY 4,970,886,757.25, a 1.65% increase from CNY 4,890,090,773.13 at the end of the previous year[8] - Cash and cash equivalents decreased by 63.11% compared to the beginning of the year, primarily due to increased expenditures on principal-protected financial products[20] - Other current assets grew by 285.60% compared to the beginning of the year, mainly due to increased investments in financial products[20] - Other payables increased by 107.22% compared to the beginning of the year, mainly due to increased bid guarantee deposits received[20] Cash Flow - The net cash flow from operating activities improved by 17.38%, with a net outflow of CNY 261,548,961.75 compared to CNY 316,575,698.98 in the previous year[8] - Investment cash outflows increased by 445.65% year-on-year, mainly due to increased purchases of principal-protected financial products[20] Expenses - Sales expenses increased by 41.52% year-on-year, driven by higher sales bonuses due to increased sales revenue[20] - Financial expenses increased by 69.14% year-on-year, primarily due to increased interest expenses[20] Government Support and Projects - The company received government subsidies amounting to CNY 625,200.00 during the reporting period[9] - The company has completed the construction of a 100MWp photovoltaic power station and is awaiting approval for further projects[21] - The company is actively expanding into the nuclear power equipment and wind power sectors, leveraging opportunities from the "Belt and Road" initiative[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,830[12] Research and Communication - No research, communication, or interview activities were conducted during the reporting period[30]