瑞康医药(002589) - 2016 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2016 was ¥3,242,744,216.14, representing a 47.66% increase compared to ¥2,196,044,554.32 in the same period last year[8]. - Net profit attributable to shareholders was ¥85,460,227.53, up 67.61% from ¥50,986,159.12 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥85,118,269.63, reflecting a 78.32% increase from ¥47,732,422.64 in the previous year[8]. - Basic earnings per share increased to ¥0.154, a rise of 42.59% compared to ¥0.108 in the same period last year[8]. - The weighted average return on net assets was 2.62%, up from 2.30% in the previous year, indicating improved profitability[8]. - The net profit attributable to the listed company increased by 67.61% year-on-year, mainly due to the growth in sales revenue[17]. - The net profit for Q1 2016 was CNY 34,377,978.46, representing an increase of 62.2% compared to CNY 21,154,877.59 in the same period last year[44]. - Net profit for the current period was ¥93,759,433.54, representing a 84.2% increase from ¥50,839,483.66 in the previous period[40]. Assets and Liabilities - The company's total assets at the end of the reporting period reached ¥10,285,888,670.23, a 16.07% increase from ¥8,861,693,786.56 at the end of the previous year[8]. - Total assets increased to ¥7,457,974,782.84 from ¥6,998,429,438.92, indicating a growth of 6.6%[37]. - The total current assets as of March 31, 2016, were approximately 8.65 billion RMB, up from 7.45 billion RMB at the beginning of the year[31]. - The total liabilities as of March 31, 2016, were approximately 6.55 billion RMB, compared to 5.46 billion RMB at the beginning of the year[33]. - Total liabilities reached ¥4,555,919,965.76, compared to ¥4,130,752,600.30, showing an increase of 10.3%[37]. - Total liabilities increased significantly, with accounts payable rising by 114.73% to CNY 782.63 million, mainly due to unpaid acquisition payments from newly acquired companies[17]. Cash Flow - The net cash flow from operating activities was negative at -¥794,626,303.07, worsening from -¥700,061,588.64 year-on-year, indicating cash flow challenges[8]. - The cash flow from operating activities showed a net outflow of CNY 794,626,303.07, compared to a net outflow of CNY 700,061,588.64 in the previous year[48]. - The cash flow from investing activities resulted in a net outflow of CNY 69,716,465.76, slightly improved from a net outflow of CNY 86,206,470.13 in the same period last year[49]. - The cash flow from financing activities generated a net inflow of CNY 368,123,784.10, down from CNY 712,792,166.40 in Q1 2015[49]. - The company reported a significant increase in cash paid for purchasing goods and services, totaling CNY 2,268,265,324.69, compared to CNY 2,152,040,956.52 in the previous year[52]. Shareholder Information - The total number of shareholders at the end of the reporting period was 22,392, with the top 10 shareholders holding significant stakes[12]. - Zhang Renhua and Han Xu, the top two shareholders, hold 26.67% and 15.44% of the shares, respectively, with substantial portions pledged[12]. Operational Highlights - Operating revenue grew by 47.66% year-on-year, driven by stable growth in domestic business and sales from newly acquired companies[17]. - Operating costs increased by 42.04% year-on-year, corresponding to the rise in sales revenue[17]. - Cash received from sales of goods and services rose by 47.76% year-on-year, reflecting increased cash collections from sales[17]. - Other cash received related to operating activities surged by 312.03% year-on-year, due to an increase in receivables[17]. - The company plans to continue expanding its market presence and investing in new product development to sustain growth[17]. Future Expectations - The net profit attributable to shareholders for the first half of 2016 is expected to be between 216.89 million and 268.53 million RMB, representing a growth of 110% to 160% compared to 103.28 million RMB in the same period of 2015[23]. - The company accelerated acquisitions of companies outside the province, leading to a significant increase in profits during the first quarter of 2016[24]. Miscellaneous - The company reported no significant changes in its non-recurring gains and losses classification during the reporting period[10]. - The company has no non-operating fund occupation by controlling shareholders and their affiliates during the reporting period[26]. - There were no violations regarding external guarantees during the reporting period[25]. - The report for the first quarter was not audited[54].