建艺集团(002789) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥619,289,784.02, representing a 13.47% increase compared to ¥545,778,979.13 in the same period last year[8] - The net profit attributable to shareholders was ¥29,285,498.00, up 4.49% from ¥28,028,157.92 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥30,432,569.34, reflecting a 7.61% increase from ¥28,279,732.42 in the previous year[8] - The estimated net profit attributable to shareholders for the first half of 2018 is projected to be between ¥44.09 million and ¥61.72 million, reflecting a change of 0.00% to 40.00% compared to the same period in 2017[22] - The expected increase in net profit is attributed to business expansion and favorable conditions in the construction and decoration industry[22] Cash Flow - The net cash flow from operating activities improved to -¥88,931,543.26, a 25.12% improvement from -¥118,773,093.40 in the same period last year[8] - The net cash flow from operating activities decreased by 25.12%, amounting to a net outflow reduction of ¥29,841,550.14 compared to the same period in 2017, primarily due to increased project collections[19] - The net cash flow from investing activities showed significant fluctuation as there were no major external investments during the reporting period, unlike the ¥200 million investment in Suzhou Industrial Park and ¥80 million in Shenzhen Tianji Quan Health Technology Group in the same period of 2017[19] - The net cash flow from financing activities decreased by 59.28%, with a reduction of ¥334,658,207.58, mainly due to a decline in bank borrowings[19] Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,882,480,734.92, a 7.15% increase from ¥3,623,526,897.62 at the end of the previous year[8] - The net assets attributable to shareholders increased to ¥1,196,668,844.95, up 2.63% from ¥1,166,002,380.98 at the end of the last year[8] - The company's cash and cash equivalents increased by ¥152,036,067.34, a growth of 34.88% compared to the end of 2017, mainly due to improved project collections and increased bank borrowings[16] - The company's prepayments increased by ¥30,270,827.65, a 44.23% rise attributed to business growth[16] - The financial expenses rose by ¥6,935,941.68, a 43.16% increase due to the larger scale of bank borrowings[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,558[12]