金龙羽(002882) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥559,120,719.21, representing a 54.04% increase compared to ¥362,973,069.13 in the same period last year[7] - Net profit attributable to shareholders for Q1 2018 was ¥44,610,894.38, a significant increase of 110.50% from ¥21,192,376.94 in the previous year[7] - The net profit after deducting non-recurring gains and losses was ¥42,792,601.53, up 104.97% from ¥20,877,864.06 year-on-year[7] - The basic earnings per share for Q1 2018 was ¥0.1050, reflecting a 71.01% increase from ¥0.0614 in the same quarter last year[7] - The total operating revenue for the first quarter reached CNY 559,120,719.21, a significant increase of 54% compared to CNY 362,973,069.13 in the same period last year[34] - The net profit for Q1 2018 reached CNY 44,610,894.38, representing a growth of 110% from CNY 21,192,376.94 in Q1 2017[35] - The operating profit for the quarter was CNY 56,048,722.64, up from CNY 29,429,204.78, indicating an increase of 90.2% year-over-year[35] - The total profit for Q1 2018 was CNY 58,474,436.04, compared to CNY 29,711,555.29 in Q1 2017, marking a growth of 96.9%[35] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,739,264,487.01, a 3.61% increase from ¥1,678,729,297.98 at the end of the previous year[7] - The net assets attributable to shareholders at the end of the reporting period were ¥1,433,819,233.72, up 3.28% from ¥1,388,238,622.88 at the end of the previous year[7] - The company's total assets increased to CNY 1,739,264,487.01, compared to CNY 1,678,729,297.98 at the beginning of the period, marking a growth of about 3.6%[29] - Current liabilities totaled CNY 303,959,678.38, an increase from CNY 288,648,602.52, indicating a rise of approximately 5%[28] - The total liabilities increased to CNY 305,445,253.29 from CNY 290,490,675.10, reflecting a rise of about 5.3%[28] - The total equity attributable to shareholders reached CNY 1,433,819,233.72, compared to CNY 1,388,238,622.88, marking an increase of approximately 3.3%[29] Cash Flow - The net cash flow from operating activities was negative at -¥82,668,739.69, a decline of 70.75% compared to -¥48,416,186.03 in the same period last year[7] - The cash flow from operating activities showed a net outflow of ¥82,668,739.69, a 70.75% increase in outflow due to timing differences in sales collections and procurement payments[15] - The company reported a cash inflow from operating activities of CNY 649,044,797.24, compared to CNY 397,529,951.92 in the previous period[41] - The total cash inflow from operating activities was 661,627,653.82 CNY, up from 408,210,742.48 CNY, reflecting a growth of approximately 62%[42] - The cash inflow from sales of goods and services was 637,269,540.49 CNY, an increase from 385,583,972.77 CNY, showing a growth of approximately 65%[45] - The company reported a total cash outflow of 737,719,993.08 CNY from operating activities, up from 485,655,810.73 CNY, reflecting increased operational costs[46] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,237[10] - Major shareholder Zheng You Shui holds 57.88% of the shares, with 246,000,000 shares pledged[10] Government Subsidies and Contracts - The company received government subsidies amounting to ¥2,400,000, primarily related to listing subsidies[8] - The company secured contracts worth approximately ¥15,270 million and ¥18,160 million from Guangdong Power Grid and Shenzhen Power Supply Bureau, respectively, indicating successful project bids[16] Expenses and Impairments - The company reported a significant increase in accounts receivable, leading to a 653.30% rise in asset impairment losses to ¥2,191,665.99 due to increased bad debt provisions[14] - The company's sales expenses rose by 48.22% to ¥13,315,865.93 as a result of increased investment in sales expansion[14] - The company reported a 62.32% increase in income tax expenses to ¥13,863,541.67, driven by higher operating profits[14] - The cost of goods sold for Q1 2018 was CNY 488,503,573.75, an increase from CNY 305,852,619.16 in Q1 2017[38] - The tax expenses for the quarter amounted to CNY 13,863,541.66, compared to CNY 8,519,178.35 in the same period last year[35] - The company experienced an asset impairment loss of CNY 2,191,665.99, significantly higher than CNY 290,942.21 in the previous year[35] Future Expectations - The company expects a net profit attributable to shareholders for the first half of 2018 to range between ¥100,873.1 and ¥136,153.7, representing a growth of 40.10% to 89.10% compared to the same period last year[19] Miscellaneous - The fair value loss from hedging positions amounted to -¥4,229,694.93, a decrease of 1289.29% due to falling copper prices[14] - The company did not undergo an audit for the first quarter report[48]