ENJOYOR(SZ:300020)2018-04-18 16:00Financial Performance - Total revenue for the first quarter reached ¥482,188,187.28, representing a 36.77% increase compared to ¥352,552,938.64 in the same period last year[7]. - Net profit attributable to shareholders was ¥53,603,110.69, a 59.67% increase from ¥33,571,951.95 year-on-year[7]. - Basic earnings per share increased to ¥0.08, up 60.00% from ¥0.05 in the previous year[7]. - Operating revenue increased by 36.77% year-on-year, driven by a significant growth in orders on hand[26]. - Net profit attributable to the parent company increased by 59.67% compared to the previous period, primarily due to the increase in operating revenue[26]. - The total operating revenue for the first quarter of 2018 was CNY 482.19 million, an increase of 36.7% compared to CNY 352.55 million in the same period last year[69]. - The net profit for the first quarter was CNY 53.02 million, representing a 62.8% increase from CNY 32.57 million in the previous year[70]. - The total comprehensive income for the period was CNY 85,647,846.77, compared to CNY 22,528,785.51 in the same quarter last year[73]. Cash Flow and Investments - The net cash flow from operating activities was -¥219,383,953.13, a decline of 65.98% compared to -¥132,171,379.64 in the same period last year[7]. - Cash and cash equivalents decreased by 31.31% compared to the beginning of the period, mainly due to increased external investments and project expenditures[26]. - Cash flow from operating activities showed a net outflow of CNY 219,383,953.13, worsening from a net outflow of CNY 132,171,379.64 in the previous year[77]. - Investment activities resulted in a net cash outflow of CNY 211,511,618.47, compared to CNY 77,802,453.44 in the same period last year[78]. - The net cash flow from investing activities was -210,811,618.47, compared to -74,694,148.29 in the previous period, reflecting an increase in outflows of about 182.8%[81]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,962,821,095.02, a 2.46% increase from ¥5,819,414,180.77 at the end of the previous year[7]. - The total assets of the company reached CNY 6.18 billion, an increase from CNY 6.04 billion at the beginning of the year[67]. - The total liabilities increased to CNY 2.97 billion, compared to CNY 2.95 billion at the beginning of the year[67]. - Accounts receivable increased from CNY 1,031,784,339.17 to CNY 1,113,374,049.16, reflecting a growth of about 7.9%[61]. - Inventory rose from CNY 1,559,772,276.77 to CNY 1,746,090,551.04, indicating an increase of approximately 12%[61]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 56,762[16]. - The largest shareholder, Silver River Technology Group, holds 24.93% of shares, totaling 163,472,281 shares[16]. - The second-largest shareholder, Li Xin, holds 4.24% of shares, totaling 27,835,840 shares, with 27,813,840 shares frozen[16]. - The company has not conducted any repurchase transactions among the top 10 common shareholders during the reporting period[19]. Strategic Initiatives - The company is focusing on diversifying its client base to mitigate risks associated with government clients and macroeconomic conditions[9]. - The company has implemented a talent retention strategy to address the risk of core personnel turnover due to industry competition and technological changes[10]. - The company is adopting a cautious investment strategy in mergers and acquisitions to manage associated risks effectively[11]. - The company is actively increasing investments in various related sub-industries to mitigate risks associated with industry concentration and is focusing on selecting high-quality clients with good credit and sufficient finances[31]. - The company is closely monitoring national policies and regulations related to smart city construction and is focusing on regions with good fiscal conditions to expand its business market[33]. Legal and Compliance Issues - The performance commitment made by Li Xin for the years 2013 to 2015 was not met, leading to potential share compensation issues[43]. - The company is pursuing legal action against Li Xin for failing to comply with performance commitments[43]. - The company is currently assessing the need for share compensation based on the performance shortfall[42]. Fundraising and Utilization - The company reported a total fundraising amount of 36,222,000 RMB for the quarter[45]. - The total amount of raised funds is CNY 19,305 million, with a cumulative investment of CNY 19,311.52 million[49]. - The company has not reported any fundraising usage during the reporting period[44]. - The company has not encountered any significant changes in the feasibility of its projects or issues with the use of raised funds[54][56].