世嘉科技(002796) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥269,553,165.65, representing a 144.89% increase compared to ¥110,072,255.43 in the same period last year[7] - Net profit attributable to shareholders was ¥6,346,263.84, up 30.20% from ¥4,874,311.78 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥5,105,503.04, reflecting a 35.81% increase from ¥3,759,360.63 in the previous year[7] - Operating revenue rose by 144.89% to ¥269,553,165.65, driven by the addition of new consolidated entities[15] - The company expects a positive net profit attributable to shareholders for the first half of 2018, indicating no turnaround from a loss situation[22] - The net profit attributable to shareholders for the first half of 2018 is expected to range from 144,425,797.9 to 216,638,696.9 CNY, representing a change of 0.00% to 50.00% compared to the same period in 2017[23] - The increase in performance is attributed to the significant growth in operating revenue due to the merger with a new subsidiary, BoFaTe[23] Assets and Liabilities - The company's total assets increased by 170.75% to ¥1,889,303,916.29 from ¥697,813,623.11 at the end of the previous year[7] - The net assets attributable to shareholders rose by 139.62% to ¥1,177,494,072.89 from ¥491,396,774.89 at the end of the previous year[7] - The company's accounts receivable increased by 80.50% to ¥192,344,540.51 due to the expansion of the consolidated reporting scope[14] - The inventory surged by 325.56% to ¥172,345,132.51, primarily attributed to the increase in the consolidated reporting scope[14] - The company's total assets increased significantly, with goodwill reaching ¥568,559,303.30 due to acquisitions[14] - The capital reserve grew by 216.66% to ¥963,515,993.32, influenced by new consolidations and the recognition of equity incentive plans[15] - The company’s long-term prepaid expenses rose by 35.69% to ¥4,186,276.73, due to the expansion of the consolidated reporting scope[14] - The deferred tax assets increased by 91.42% to ¥5,273,523.72, resulting from new consolidations and loss recognition[14] Cash Flow and Financing - The net cash flow from operating activities was negative at -¥48,209,967.88, a significant decline of 1,426.17% from -¥3,158,885.09 in the same period last year[7] - Cash received from sales increased by 157.43% to ¥307,646,214.98, indicating substantial growth in sales scale[15] - Cash received from investment activities surged to CNY 41,103,631.37, reflecting a staggering increase of 32,403.86% primarily from the acquisition of BoFaTe[16] - The company’s investment cash payments rose to CNY 166,090,000.00, marking a 31.82% increase attributed to the expanded consolidation scope[16] - Cash payments for fixed assets and other long-term investments reached CNY 18,402,285.53, a 61.39% increase due to ongoing investment projects[16] - The company received CNY 33,000,000.00 in new borrowings, reflecting a 100% increase due to the expanded consolidation scope[16] - The company’s cash outflow for financing activities included CNY 26,000,000.00 for debt repayment, marking a 100% increase due to the expanded consolidation scope[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,288[10] - The largest shareholder, Han Yuyu, holds 34.82% of the shares, amounting to 35,688,000 shares, with 15,070,000 shares pledged[10] - The basic earnings per share increased by 16.67% to ¥0.07 from ¥0.06 in the same period last year[7] - The weighted average return on equity decreased by 0.33% to 0.67% compared to 1.00% in the previous year[7] Costs and Expenses - The company reported a 142.67% increase in operating costs, amounting to ¥227,870,121.50, reflecting the expanded consolidated reporting scope[15] - The financial expenses skyrocketed by 4,536.05% to ¥2,912,988.66, primarily due to the increase in the consolidated reporting scope[15] - The company reported a significant foreign exchange loss of CNY 3,029,161.11, a decrease of 7,369.70% due to substantial changes in the RMB exchange rate[16] - The company reported a significant increase in tax payments, totaling CNY 12,021,946.63, up 102.91% from the previous period due to an expanded consolidation scope[16] Acquisitions - The company completed the acquisition of 100% equity in Suzhou BoFaTe Communications Technology Co., Ltd., with the new shares listed on January 26, 2018[17] - The registered capital increased from CNY 81,996,000 to CNY 102,506,483 following the acquisition[17]