益生股份(002458) - 2018 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2018 was ¥221,934,934.18, representing a 5.89% increase compared to ¥209,598,063.77 in the same period last year[8]. - Net profit attributable to shareholders was ¥10,598,605.80, a significant increase of 211.87% from ¥3,398,403.52 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥7,003,901.49, up 136.53% from a loss of ¥19,170,740.28 in the previous year[8]. - The basic earnings per share rose to ¥0.03, a 200.00% increase from ¥0.01 in the same period last year[8]. - The total profit for the period was ¥10,010,873.21, reflecting a 210.49% increase from the previous year, driven by improved market conditions for the company's main products[15]. - Net profit for Q1 2018 was CNY 10,010,873.21, an increase of 210.07% year-on-year, attributed to improved market conditions and increased sales revenue[16]. - Net profit attributable to shareholders for Q1 2018 was CNY 10,598,605.80, up 211.87% compared to the same period last year, driven by the recovery in market conditions[16]. - The total comprehensive income attributable to the parent company was CNY 10,598,605.80, compared to CNY 3,398,403.52 in the previous period[39]. Cash Flow and Operating Activities - The company reported a net cash flow from operating activities of -¥35,922,308.07, a decline of 165.54% compared to -¥13,528,176.23 in the same period last year[8]. - Cash received from operating activities decreased by 59.04% year-on-year to CNY 1,342,846.32, mainly due to reduced employee payments and government subsidies[16]. - Cash flow from operating activities showed a net outflow of CNY 35,922,308.07, worsening from a net outflow of CNY 13,528,176.23 in the previous year[45]. - The net cash flow from operating activities was -68,174,433.30 CNY, a significant decline compared to 14,906,012.08 CNY in the previous year[49]. - Cash outflow from operating activities totaled 313,645,351.93 CNY, up from 193,995,941.11 CNY year-over-year[49]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,158,117,112.50, a 0.64% increase from ¥2,144,391,505.23 at the end of the previous year[8]. - The company's total assets decreased to CNY 2,103,814,155.87 from CNY 2,130,591,205.85, a decline of about 1.3%[35]. - Current liabilities totaled CNY 670,162,709.57, down from CNY 704,069,645.17, reflecting a decrease of approximately 4.8%[34]. - The total liabilities amounted to CNY 806,957,773.47, a decrease from CNY 841,066,787.48, indicating a reduction of about 4.0%[35]. - The equity attributable to shareholders of the parent company increased to CNY 1,296,856,382.40 from CNY 1,289,524,418.37, showing a growth of approximately 0.6%[35]. Expenses - Financial expenses for Q1 2018 amounted to ¥6,651,278.53, an increase of 135.56% year-on-year due to higher bank loan interest[15]. - Tax expenses for Q1 2018 were CNY 483,740.57, an increase of 35.07% year-on-year, due to higher land tax, property tax, and new environmental taxes[16]. - Management expenses decreased by 44.81% year-on-year to CNY 14,251,045.04, primarily due to lower stock incentive expenses compared to the previous year[16]. - The company reported a significant reduction in sales expenses, which fell to CNY 4,759,118.10 from CNY 7,336,532.05, a decrease of about 35.3%[38]. - Sales expenses decreased significantly to CNY 2,690,880.76 from CNY 5,441,979.65 year-on-year, indicating cost control efforts[41]. Future Outlook - The company expects to turn a profit in the first half of 2018, with net profit projected between CNY 30,000,000 and CNY 45,000,000, compared to a loss of CNY 123,065,900 in the same period last year[20]. - The company plans to focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters[39]. Shareholder Information - The company had a total of 23,999 common shareholders at the end of the reporting period[11]. - The chairman of the company is Cao Jisheng[51]. Miscellaneous - The company did not conduct an audit for the first quarter report[50].