HAND(SZ:300170)2018-04-19 16:00Financial Performance - Total revenue for Q1 2018 reached ¥531,264,337.15, representing a 32.21% increase compared to ¥401,832,131.23 in the same period last year[8] - Net profit attributable to shareholders was ¥59,698,370.93, up 26.62% from ¥47,146,021.50 year-over-year[8] - Net profit excluding non-recurring gains and losses was ¥51,599,953.97, reflecting a 19.81% increase from ¥43,067,429.11 in the previous year[8] - Basic earnings per share increased to ¥0.0694, a rise of 26.64% compared to ¥0.0548 in the same period last year[8] - Operating revenue increased by 32.21%, primarily due to the expansion of the company's business scale[20] - Operating costs rose by 33.88%, also attributed to the growth in business scale[20] - Total operating revenue for Q1 2018 reached ¥531,264,337.15, a significant increase from ¥401,832,131.23 in the previous period, representing a growth of approximately 32.2%[43] - Total operating costs amounted to ¥469,332,995.54, up from ¥357,972,474.45, indicating an increase of about 31.1%[43] - Net profit for the period was ¥58,718,713.67, compared to ¥41,911,051.49 in the same period last year, reflecting a growth of approximately 39.9%[44] - The company reported a total comprehensive income of ¥58,257,850.79, compared to ¥40,922,358.59 in the same period last year, indicating a growth of approximately 42.2%[45] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,270,161,332.25, a 3.93% increase from ¥3,146,622,560.24 at the end of the previous year[8] - Total current assets increased to ¥2,540,137,829.39 from ¥2,421,605,985.39, representing a growth of approximately 4.9%[35] - Total liabilities decreased to ¥640,961,314.11 from ¥691,916,028.78, a reduction of approximately 7.4%[37] - The company's total assets increased to ¥3,546,578,882.14 from ¥3,346,439,595.24, marking a growth of about 6%[41] - The total liabilities stood at ¥900,779,798.34, compared to ¥882,403,657.04 in the previous period, showing a slight increase of about 2.1%[41] - The company's equity increased to ¥2,645,799,083.80 from ¥2,464,035,938.20, representing a growth of approximately 7.4%[41] Cash Flow - Net cash flow from operating activities decreased by 28.96%, primarily due to factoring business receivables and new loans[21] - Operating cash inflow totaled CNY 801,299,320.05, up from CNY 370,309,284.46 in the previous period, representing a 116% increase[51] - Operating cash outflow amounted to CNY 1,004,953,450.97, compared to CNY 657,002,502.80 last period, reflecting a 53% increase[51] - Net cash flow from operating activities was negative CNY 203,654,130.92, an improvement from negative CNY 286,693,218.34 in the previous period[51] - Cash flow from investing activities was negative CNY 15,752,131.12, slightly better than negative CNY 18,172,581.83 last period[52] - Cash flow from financing activities generated a net inflow of CNY 192,609,097.05, significantly higher than CNY 34,476,644.83 in the previous period[52] - The ending cash and cash equivalents balance was CNY 663,494,681.87, compared to CNY 463,867,081.67 at the end of the previous period, marking a 43% increase[52] Investments and Projects - The company has committed investments totaling 6,187.3 million RMB for the acquisition of Shanghai Xiaer Software Co., Ltd.[26] - The overseas ERP software development center project has a total investment of 10,927 million RMB, also achieving 100% completion[26] - The smart manufacturing solution product center project has an investment of 8,000 million RMB, with a completion rate of 81.12%[26] - The enterprise internet transformation solution project has a total investment of 12,000 million RMB, achieving a completion rate of 81.02%[26] - The company has acquired Shanghai Dami Information Technology Co., Ltd. for 7,400 million RMB, fully meeting its investment target[26] Risks and Challenges - The company faces risks related to macroeconomic fluctuations that may impact IT investment budgets of clients[10] - Rising labor costs and talent retention are significant risks, with strategies in place to enhance service quality and employee engagement[11][12] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 53,917[14] - The company has no violations regarding external guarantees during the reporting period[30] - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[31] - The company has not reported any issues with the use and disclosure of raised funds during this period[28]