伟隆股份(002871) - 2018 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2018 was ¥58,815,992.18, representing a 3.14% increase compared to ¥57,028,115.92 in the same period last year[9] - Net profit attributable to shareholders was ¥13,191,699.97, marking a 20.36% increase from ¥10,959,991.99 year-on-year[9] - The net profit after deducting non-recurring gains and losses decreased by 37.77% to ¥6,567,948.88 from ¥10,554,092.00 in the previous year[9] - Basic earnings per share decreased by 9.52% to ¥0.19 from ¥0.21 year-on-year[9] - Total operating revenue for the first quarter was CNY 58,815,992.18, an increase from CNY 57,028,115.92 in the previous period[40] - Net profit for the period reached CNY 13,191,699.97, up from CNY 10,959,991.99 year-over-year, reflecting a growth of approximately 20.4%[42] - The total profit for the period was ¥16,804,656.86, up by 24.3% compared to ¥13,490,673.94 in the previous year[43] Cash Flow - The net cash flow from operating activities was ¥11,787,757.90, down 48.59% from ¥22,927,112.47 in the same period last year[9] - Cash flow from operating activities decreased by 48.59% to ¥11,787,757.90, mainly due to increased payments for goods[17] - The cash flow from operating activities generated a net amount of ¥11,787,757.90, a decrease of 48.6% from ¥22,927,112.47 in the same quarter last year[49] - Cash inflow from investment activities increased by 256.39% to $330,105,430.80, driven by higher investment returns[18] - Cash outflow for investment activities rose by 516.26% to $339,996,266.23, primarily due to increased equipment purchases[18] - The cash flow from investing activities showed a net outflow of ¥9,890,835.43, contrasting with a net inflow of ¥37,453,990.51 in Q1 2017[49] - Net cash flow from operating activities decreased significantly to $2,960,311.43, down 86.8% from $22,408,116.19 in the prior period[51] - Total cash and cash equivalents at the end of the period amounted to $25,406,977.64, down 54.5% from $55,902,635.04 at the end of the previous period[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥672,083,215.07, a 1.07% increase from ¥664,980,774.84 at the end of the previous year[9] - The total liabilities of the company decreased to CNY 106.98 million from CNY 113.13 million, indicating a reduction in financial obligations[34] - The company's total liabilities were CNY 79,621,250.28, slightly down from CNY 80,549,464.91[38] - Cash and cash equivalents decreased by 94.04% to $518,482.43, resulting from reduced net cash from operating and investing activities[18] - Accounts receivable decreased to CNY 38.93 million from CNY 50.28 million, indicating improved cash flow management[32] - Inventory increased to CNY 67.59 million from CNY 63.37 million, reflecting ongoing production and sales activities[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,621[13] - The largest shareholder, Fan Qingwei, holds 65.25% of the shares, totaling 44,370,000 shares[13] - The company is committed to fulfilling its equity incentive promises to minority shareholders[23] Non-Recurring Items - The company reported non-recurring gains of ¥6,623,751.09, which included government subsidies and other income[10] - Operating income from government subsidies rose significantly by 2032.82% to $4,220,003.00[17] - The company reported a 657.79% increase in cash received related to operating activities, totaling $4,099,398.15 from government subsidies[17] Operational Insights - Operating costs amounted to CNY 51,142,246.14, compared to CNY 44,591,391.59 in the prior period, indicating a rise in costs[41] - The company recorded an increase in financial expenses to ¥1,403,122.43, compared to ¥480,622.98 in the previous year, indicating a rise of 192.5%[43] - The company’s management expenses increased to ¥4,635,328.61, up from ¥4,228,756.61, marking an increase of 9.6%[43] Miscellaneous - The company reported no violations regarding external guarantees during the reporting period[25] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[26] - The company conducted an on-site investigation on March 16, 2018, to engage with institutional investors[27] - The company did not conduct an audit for the first quarter report[53]