KDL(SZ:002850)2018-04-27 16:00Revenue and Profit - Revenue for Q1 2018 was CNY 390,314,841.17, an increase of 14.29% compared to CNY 341,522,283.55 in the same period last year[8] - Net profit attributable to shareholders decreased by 46.86% to CNY 22,282,273.90 from CNY 41,930,981.13 year-on-year[8] - Net profit excluding non-recurring items fell by 59.07% to CNY 17,000,008.01 compared to CNY 41,538,427.33 in the previous year[8] - Basic earnings per share decreased by 46.84% to CNY 0.1592 from CNY 0.2995 year-on-year[8] - The company expects net profit attributable to shareholders for the first half of 2018 to decrease by 25.00% to 55.00%, with an estimated range of ¥4,260.1 to ¥7,100.17 million[22] Cash Flow and Assets - Operating cash flow increased by 61.58% to CNY 35,613,522.73 from CNY 22,041,368.67 in the same period last year[8] - Total assets at the end of the reporting period were CNY 3,142,252,068.98, a 3.71% increase from CNY 3,029,774,136.62 at the end of the previous year[8] - Net assets attributable to shareholders increased by 0.99% to CNY 2,277,314,660.02 from CNY 2,255,032,386.12 at the end of the previous year[8] - The company's cash and cash equivalents decreased by ¥140,617,044.26, a decline of 56.15%, primarily due to investments in factory construction and equipment purchases[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,103[12] - The largest shareholder, Li Jili, holds 38.23% of the shares, amounting to 53,528,745 shares, which are pledged[12] Borrowings and Financial Activities - The company's short-term borrowings increased by ¥86,000,000.00, an increase of 614.29%, due to bank loans obtained for operational needs[16] - The company received cash related to investment activities that increased by ¥306,000,000, a 100% increase, due to the maturity of financial management funds[19] Operating Costs and Expenses - Operating costs increased by ¥75,104,902.15, a rise of 30.14%, mainly due to an increase in product sales volume[17] - Sales expenses rose by ¥4,459,530.19, an increase of 131.59%, primarily due to higher freight costs[17] - The company’s deferred income increased by ¥17,728,058.73, an increase of 168.57%, mainly due to an increase in government subsidies related to assets[17] - The company’s financial expenses decreased by ¥2,073,540.59, a decline of 31.51%, primarily due to reduced interest expenses[17] - The company’s tax expenses increased by ¥18,652,746.04, an increase of 77.46%, mainly due to higher value-added tax payments[18] - The company’s investment income increased by ¥2,752,255.08, a 100% increase, due to returns from financial management funds[17] Non-Recurring Items - The company reported non-recurring gains and losses totaling CNY 5,282,265.89 for the period[9]