德联集团(002666) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥699,562,082.64, representing a 54.27% increase compared to ¥453,458,201.83 in the same period last year[7]. - Net profit attributable to shareholders decreased by 31.49% to ¥21,034,681.43 from ¥30,702,827.14 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥19,901,993.13, down 32.74% from ¥29,588,222.36 in the previous year[7]. - Basic and diluted earnings per share both decreased by 25.00% to ¥0.03 from ¥0.04 year-on-year[7]. - The company expects net profit attributable to shareholders for the first half of 2018 to range from ¥38,779,000 to ¥60,938,400, reflecting a year-on-year growth of over 10% in sales revenue[18]. - The company anticipates a decline in gross margin compared to the previous year despite the expected sales growth[18]. - Net profit for the quarter was ¥20,994,446.80, a decrease of 33.9% from ¥31,739,636.66 in the previous year[34]. Cash Flow - The net cash flow from operating activities was -¥29,676,201.08, an improvement of 17.12% compared to -¥35,804,139.59 in the same period last year[7]. - Cash received from sales of goods and services increased by 57.76% to ¥945,402,999.03, reflecting higher sales revenue[16]. - Cash paid for purchasing goods and services rose by 64.60% to ¥855,114,967.78, due to increased procurement[17]. - The net cash flow from financing activities decreased by 97.50% to ¥2,867,563.89, due to a reduction in short-term borrowings[17]. - The net cash flow from operating activities was ¥10,654,773.72, a significant improvement from the previous period's net cash flow of -¥90,059,315.43[46]. - The net cash flow from investing activities was CNY -92,511,024.48, slightly improved from CNY -99,425,592.77 in the previous year[43]. - The financing activities generated a net cash flow of CNY 2,867,563.89, a decrease from CNY 114,661,975.08 in the same period last year[43]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,533,879,088.84, a slight increase of 0.09% from ¥3,530,728,887.56 at the end of the previous year[7]. - The company's total liabilities decreased to ¥650,044,734.64 from ¥666,573,255.17, reflecting a reduction of approximately 2.5%[28]. - Cash and cash equivalents decreased to ¥288,284,127.12 from ¥399,142,901.00, a decline of 28.0%[29]. - Accounts receivable decreased by 29.12% to ¥506,070,619.62 due to significant cash collections during the reporting period[14]. - Inventory increased by 40.30% to ¥752,504,454.59 primarily due to increased purchases of goods and raw materials[15]. - The total number of ordinary shareholders at the end of the reporting period was 42,764[10]. Shareholder Information - Net assets attributable to shareholders increased by 0.69% to ¥2,880,314,619.01 from ¥2,860,595,662.57 at the end of the previous year[7]. - The top three shareholders collectively held 54.52% of the company's shares, indicating a significant concentration of ownership[11]. - The equity attributable to shareholders of the parent company increased to ¥2,880,314,619.01 from ¥2,860,595,662.57, marking a growth of 0.7%[28]. Operational Highlights - Operating revenue rose by 54.27% to ¥699,562,082.64 driven by new product sales in automotive fine chemicals and increased sales at 4S stores[16]. - Operating costs increased by 77.40% to ¥601,220,265.24, attributed to higher sales revenue and lower gross margins on new products[16]. - The company reported an asset impairment loss of ¥15,883,425.66, compared to a loss of ¥3,537,954.51 in the previous year[34]. - The gross profit margin decreased, with operating costs rising to CNY 136,302,854.02 from CNY 108,193,347.47, reflecting an increase of 26%[38]. Audit Information - The company did not undergo an audit for the first quarter report[48].