周大生(002867) - 2018 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2018 was ¥937,671,598.22, representing a 16.91% increase compared to ¥802,027,673.10 in the same period last year[7] - Net profit attributable to shareholders for Q1 2018 was ¥160,533,858.58, up 28.74% from ¥124,696,616.59 in the previous year[7] - The net profit after deducting non-recurring gains and losses was ¥149,902,431.47, reflecting a 20.67% increase from ¥124,220,612.92 year-on-year[7] - Basic earnings per share for Q1 2018 were ¥0.3360, an increase of 8.04% from ¥0.3110 in the previous year[7] - The company reported a 61.54% increase in investment income to ¥4,359,697.77 from maturing financial products[17] - The total profit for the quarter was CNY 213,372,051.89, an increase of 28.3% from CNY 166,335,904.66 in the same period last year[41] - The company reported a significant increase in investment income, reaching CNY 4,359,697.77, up from CNY 2,698,776.91 in the previous year, marking a growth of 61.5%[44] Cash Flow - The net cash flow from operating activities was negative at -¥81,212,828.83, a decline of 269.28% compared to ¥47,974,216.87 in the same period last year[7] - Cash received from operating activities rose by 545.58% to ¥19,456,608.80, attributed to customer deposits and government subsidies[18] - Cash paid for purchasing goods and services increased by 43.90% to ¥896,236,648.22, reflecting expanded business operations[18] - Total operating cash inflow for Q1 2018 was CNY 1,150,945,611.79, an increase from CNY 848,235,174.58 in the previous year, representing a growth of approximately 35.6%[51] - Net cash flow from operating activities was CNY -87,108,427.59, compared to CNY 52,199,347.20 in Q1 2017, indicating a decline in operational performance[52] - Cash inflow from investment activities totaled CNY 353,829,808.22, up from CNY 135,608,356.16 in the same period last year, marking a significant increase of about 160.9%[52] - Total cash inflow from financing activities was CNY 357,445,965.00, with a net cash flow of CNY 356,443,205.35, compared to a net outflow of CNY -14,865,076.79 in the previous year[53] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,831,468,611.32, a 10.28% increase from ¥4,380,937,214.05 at the end of the previous year[7] - Total liabilities rose to ¥1,382,616,181.24, compared to ¥1,103,019,216.51 at the start of the period[38] - Non-current assets totaled ¥1,022,249,339.58, compared to ¥710,532,883.11 at the beginning of the period, reflecting a significant increase[37] - The company's inventory as of March 31, 2018, was CNY 2.25 billion, an increase from CNY 2.11 billion at the beginning of the period[32] - Accounts receivable increased by 49.52% to ¥143,512,039 due to concentrated sales settlements during the Spring Festival period[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,780[11] - The company completed the registration of 7,529,500 shares under its first restricted stock incentive plan, which accounts for 1.57% of the total share capital prior to the grant[21] - The company expects a net profit attributable to shareholders for the first half of 2018 to be between CNY 30.31 million and CNY 34.26 million, representing a growth of 15.00% to 30.00% compared to the same period in 2017[23] Expenses - Sales expenses increased by 32.76% to ¥121,943,283, driven by higher advertising and product testing costs[17] - Cash paid to employees was CNY 76,749,530.31, compared to CNY 66,509,823.83 in the previous year, indicating an increase of about 15.5%[51] - Cash paid for taxes was CNY 79,079,178.04, slightly down from CNY 81,988,648.18 in Q1 2017[52] Government Support - The company received government subsidies amounting to ¥9,480,000.00 during the reporting period, primarily for enhancing competitiveness and expanding production[8] Other Information - The company did not undergo an audit for the Q1 2018 report[54] - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[22]