榕基软件(002474) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥154,966,489.96, representing a 7.72% increase compared to ¥143,863,417.49 in the same period last year[8]. - Net profit attributable to shareholders was ¥14,575,375.75, a 34.25% increase from ¥10,856,497.57 year-on-year[8]. - The net profit after deducting non-recurring gains and losses decreased by 35.44% to ¥4,216,369.97 from ¥6,531,278.56 in the previous year[8]. - The basic earnings per share increased by 34.48% to ¥0.0234 from ¥0.0174 in the same period last year[8]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,591,291,397.59, a slight decrease of 0.06% from ¥2,592,957,508.72 at the end of the previous year[8]. - The net assets attributable to shareholders increased by 1.12% to ¥1,440,148,147.97 from ¥1,424,157,730.23 at the end of the previous year[8]. Cash Flow - The company reported a net cash flow from operating activities of -¥32,806,846.28, worsening by 17.23% compared to -¥27,986,029.38 in the previous year[8]. - Cash flow from investing activities increased by 120.01% compared to the same period last year, mainly due to a decrease in net expenditure on financial products[17]. - Cash flow from financing activities decreased by 95.57%, primarily due to a reduction in cash received from borrowings[17]. - The impact of exchange rate changes on cash increased by 1,375.10% compared to the same period last year, mainly due to changes in foreign currency assets[17]. Expenses and Income - The company experienced a 34.17% increase in selling expenses compared to the same period last year, primarily due to adjustments from the previous year[16]. - Investment income increased significantly by 487.56% to ¥10,874,900 from the previous year, mainly due to increased financial and investment returns[16]. - Prepaid accounts increased by 48.45% compared to the end of the previous year, mainly due to increased project payments to suppliers[16]. - Other income increased by 959,400 yuan compared to the same period last year, mainly due to the adjustment of government subsidies related to daily operations[17]. - Non-operating income decreased by 3,105,000 yuan, a decline of 99.94%, primarily due to the aforementioned adjustment of government subsidies[17]. - Non-operating expenses increased by 1,699,300 yuan, an increase of 43,020.70%, mainly due to increased losses from the disposal of non-current assets[17]. - Income tax increased by 1,599,300 yuan, an increase of 533.90%, mainly due to increased profits and a decrease in deferred tax assets[17]. Future Outlook - The net profit attributable to shareholders for the first half of 2018 is expected to range from 20.80 million to 31.19 million RMB, representing a growth of 0% to 50% compared to the same period in 2017[21]. - The company anticipates stable business development in 2018, with performance fluctuations due to market environment changes, R&D investments, intangible asset amortization, and interest income and expenses[21]. Corporate Governance - The company has no violations regarding external guarantees during the reporting period[22]. - There are no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[23]. Employee Stock Ownership Plan - The first phase of the employee stock ownership plan has seen the purchase of 1,867,900 shares, accounting for approximately 0.30% of the total share capital, with a total transaction amount of 19.58 million RMB[20]. - The second phase of the employee stock ownership plan has accumulated the purchase of 2,629,101 shares, representing about 0.42% of the total share capital, with a total transaction amount of 24.42 million RMB[20]. - The third phase of the employee stock ownership plan has acquired 7,856,200 shares, which is approximately 1.26% of the total share capital, with a total transaction amount of 58.23 million RMB[20]. Profit Distribution Policy - The company has committed to a profit distribution policy that emphasizes reasonable returns to investors, with a minimum cash distribution of 30% of the average distributable profit over three consecutive years[20]. - The company plans to adjust its profit distribution policy based on operational conditions, investment plans, and long-term development needs, ensuring compliance with relevant regulations[20]. Research and Communication - The company has not engaged in any research, communication, or interview activities during the reporting period[24].