深南电路(002916) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥1,477,473,285.48, representing a 14.76% increase compared to ¥1,287,394,591.94 in the same period last year[8] - Net profit attributable to shareholders was ¥117,064,968.89, up 15.13% from ¥101,678,062.02 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥107,338,328.91, reflecting a 13.34% increase from ¥94,701,389.74 in the previous year[8] - Basic and diluted earnings per share decreased by 12.50% to ¥0.42 from ¥0.48 year-on-year[8] - The weighted average return on equity was 3.63%, down 2.61% from 6.24% in the previous year[8] Cash Flow and Assets - The net cash flow from operating activities was -¥46,347,240.29, a decline of 148.56% compared to -¥18,646,359.86 in the same period last year[8] - Total assets at the end of the reporting period were ¥7,298,810,909.82, a decrease of 1.94% from ¥7,443,389,852.03 at the end of the previous year[8] - Cash and cash equivalents decreased by 63.03% to RMB 589,027,916.90 mainly due to the use of raised funds for investment projects[15] - Other current assets increased by 291.21% to RMB 474,747,453.99 due to the addition of principal-protected wealth management products[15] Shareholder Information - Net assets attributable to shareholders increased by 3.69% to ¥3,284,677,424.95 from ¥3,167,779,894.93 at the end of the previous year[8] - The total number of ordinary shareholders at the end of the reporting period was 51,948[11] - The largest shareholder, AVIC International Holdings, held 69.74% of the shares, totaling 195,278,970 shares[11] Expenses and Liabilities - Sales expenses increased by 43.75% to RMB 34,288,974.06 due to higher sales volume[15] - Financial expenses rose by 31.65% to RMB 31,455,705.55 primarily due to increased exchange losses[15] - Short-term borrowings decreased by 34.38% to RMB 105,000,000.00 due to repayment of bank loans[15] - The company reported a 77.24% increase in asset impairment losses to RMB 17,723,941.57, primarily due to increased provisions for bad debts[15] Future Outlook - The company expects net profit attributable to shareholders for H1 2018 to be between RMB 25,186.71 million and RMB 30,224.05 million, indicating a growth compared to the same period in 2017[22] - The company plans to use up to RMB 600 million of idle raised funds for cash management within 12 months[18] - The company received tax refunds of RMB 57,137,422.32, an increase of 98.12% compared to the previous year[17] Non-Operating Funds - The non-operating fund occupation balance from controlling shareholders and other related parties at the end of the reporting period was zero[26] - The total amount of non-operating fund occupation at the end of the period accounted for 0.00% of the most recent audited net assets[26] - There were no new major shareholders or their subsidiaries' non-operating fund occupation situations during the reporting period[26] - The company did not conduct any research, communication, or interview activities during the reporting period[27]