HFCC(SZ:002806)2018-04-27 16:00Financial Performance - The company's operating revenue for Q1 2018 was CNY 105,572,551.79, representing a 14.89% increase compared to CNY 91,889,010.29 in the same period last year[8] - The net profit attributable to shareholders was CNY 3,769,401.87, an increase of 8.52% from CNY 3,473,340.42 year-on-year[8] - The net profit after deducting non-recurring gains and losses was CNY 2,744,179.34, up 15.94% from CNY 2,366,979.11 in the previous year[8] - The net profit attributable to shareholders for the first half of 2018 is expected to range from 12.00 million to 14.18 million RMB, representing a growth of 10.00% to 30.00% compared to the same period in 2017[18] - The net profit for the first half of 2017 was 10.91 million RMB, indicating a positive performance trend for the current reporting period[18] - The increase in sales revenue is the primary reason for the profit growth[18] Cash Flow and Assets - The net cash flow from operating activities increased by 44.54% to CNY 1,807,213.21 from CNY 1,250,307.84 in the same period last year[8] - Total assets at the end of the reporting period were CNY 678,237,829.64, an increase of 8.53% from CNY 624,933,553.99 at the end of the previous year[8] - The cash and cash equivalents increased by 50.29% to CNY 44,086,444.02 from CNY 29,334,956.92 at the beginning of the period[15] Liabilities and Borrowings - The company's total liabilities increased to CNY 287,787,325.58, reflecting a 10.12% rise from CNY 261,000,000.00 at the end of the previous year[15] - The company’s short-term borrowings rose by 25.25% to CNY 148,800,000.00 from CNY 118,800,000.00 at the beginning of the period, indicating increased funding needs[15] Earnings Per Share and Capital - The company reported a basic earnings per share of CNY 0.0276, up 8.24% from CNY 0.0255 in the same period last year[8] - The company’s capital reserve increased by 49.06% to CNY 39,628,996.42 from CNY 26,585,915.53, attributed to the implementation of equity incentives[15]