中装建设(002822) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥798,106,550.03, representing a 32.76% increase compared to ¥601,180,706.47 in the same period last year[6] - The net profit attributable to shareholders for Q1 2018 was ¥30,248,490.81, up 37.08% from ¥22,066,552.29 in the previous year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥30,050,150.65, reflecting a 36.24% increase from ¥22,056,185.72 year-on-year[6] - The basic earnings per share for Q1 2018 was ¥0.05, a 25.00% increase from ¥0.04 in the same period last year[6] - The company's revenue for the reporting period was $798.11 million, an increase of 32.76% compared to the previous period's revenue of $601.18 million[13] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,317,257,028.79, which is a 4.54% increase from ¥4,129,952,298.48 at the end of the previous year[6] - The net assets attributable to shareholders at the end of the reporting period were ¥2,065,666,326.95, up 1.49% from ¥2,035,391,961.74 at the end of the previous year[6] - The company reported a significant decrease in accounts receivable, down 68.61% to $39.95 million, attributed to reduced bill collection and the expiration of held bills[13] - Prepayments increased by 59.73% to $25.27 million, primarily due to higher advance payments to suppliers[13] Cash Flow - The net cash flow from operating activities for Q1 2018 was -¥278,140,736.62, a decline of 8.86% compared to -¥255,497,081.74 in the same period last year[6] - Cash flow from operating activities showed a significant negative change, with a net outflow of $240.88 million, primarily due to payments for land use rights and equity investments[13] Shareholder Information - The company reported a total of 600,000,000 ordinary shareholders at the end of the reporting period[9] - The top shareholder, Zhuang Xiaohong, holds 33.07% of the shares, amounting to 198,439,650 shares, with 156,200,000 shares pledged[9] Expenses - Operating costs rose to $681.94 million, reflecting a 35.13% increase due to higher costs associated with increased revenue[13] - The company has increased sales expenses by 37.68% to $9.08 million, driven by investments in market development and new regional sales centers[13] - Financial expenses rose by 42.05% to $13.00 million, mainly due to increased bank borrowings leading to higher interest costs[13] Future Outlook - The company expects net profit attributable to shareholders for the first half of 2018 to range between $664.87 million and $864.33 million, representing a growth of 0% to 30% compared to the same period in 2017[16] Investments - The company has made a long-term equity investment of $6.62 million, resulting in a 31.43% increase in long-term equity investments[13] Commitments - The company has no overdue commitments from controlling shareholders or related parties during the reporting period[15]