伊之密(300415) - 2018 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2018 was ¥472,047,686.27, representing a 14.56% increase compared to ¥412,039,162.73 in the same period last year[10] - Net profit attributable to shareholders decreased by 5.17% to ¥49,295,555.50 from ¥51,985,633.15 year-on-year[10] - Net profit after deducting non-recurring gains and losses fell by 12.22% to ¥40,455,801.44 compared to ¥46,087,402.81 in the previous year[10] - Basic earnings per share decreased by 8.33% to ¥0.11 from ¥0.22 year-on-year[10] - The company's net profit attributable to shareholders decreased by 5.17% year-on-year, primarily due to an increase in period expenses[27] - Overall revenue grew by 14.56% year-on-year, with injection molding machine sales increasing by 49.61% while die-casting machine sales fell by 36.41%[28] - The total operating revenue for the first quarter of 2018 was CNY 472,047,686.27, an increase of 14.6% compared to CNY 412,039,162.73 in the same period last year[50] - The total operating costs for the first quarter of 2018 were CNY 422,106,169.60, up 18.6% from CNY 355,681,507.86 in the previous year[50] - The company's net profit for the first quarter is not explicitly stated, but the retained earnings increased to CNY 582,544,640.13 from CNY 533,249,084.63, indicating a growth of 9.2%[45] - The total comprehensive income for Q1 2018 was CNY 50,308,107.36, down from CNY 53,319,144.30 in the previous year, a decrease of 5.6%[52] Cash Flow and Financial Position - The net cash flow from operating activities was negative at -¥143,631,155.34, a decline of 80.37% from -¥79,632,050.96 in the same period last year[10] - The company's cash flow from operating activities showed a negative net amount of 143.63 million RMB, worsening by 80.37% compared to the previous year[25] - The cash flow from financing activities increased by 66.48% to 171.66 million RMB, primarily due to an increase in borrowings[25] - The company's financial expenses surged by 391.16% to 9.68 million RMB, attributed to currency exchange losses and increased interest expenses from loans[24] - The company's cash and cash equivalents increased to CNY 136,365,221.04 from CNY 62,205,907.42, representing a growth of 119.5%[46] - The ending balance of cash and cash equivalents was 125,677,103.94 CNY, down from 111,327,697.54 CNY in the previous period[60] - The total cash outflow from operating activities was 662,416,622.74 CNY, compared to 423,252,730.77 CNY in the previous period, indicating increased operational expenditures[59] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,574,308,339.87, an increase of 8.77% from ¥2,366,789,271.82 at the end of the previous year[10] - The total liabilities amounted to CNY 1,432,167,101.17, which is an increase of 12.7% from CNY 1,271,113,021.15 in the previous year[44] - Current liabilities due within one year rose by 145.85% to 80.35 million RMB, mainly due to an increase in long-term payables due within one year[24] - The accounts payable rose to CNY 298,375,023.56, up 13.9% from CNY 262,020,210.70 in the previous year[44] - The company's long-term investments in equity were CNY 219,754,479.63, slightly up from CNY 218,842,454.64[43] Inventory and Receivables - As of March 31, 2018, the net accounts receivable amounted to ¥360,082,400, accounting for 22.67% of the company's current assets[15] - The inventory balance was ¥721,257,800, representing 45.41% of the company's current assets[16] - Inventory increased to 721,257,774.18 from 622,707,725.12, indicating a rise in stock levels[42] - Other receivables increased by 113.85% to 13.20 million RMB, primarily due to an increase in company reserve funds and receivables[24] Risks and Strategies - The company faces risks related to market environment changes, competition, core personnel and technology loss, accounts receivable recovery, and high inventory levels, with strategies in place to mitigate these risks[13][14][15][16] - The company plans to strengthen its injection molding and die-casting machine businesses by increasing R&D investment and enhancing product quality[34] - The company aims to develop rubber injection machines and high-speed packaging production lines as new revenue growth points[34] Shareholder Information - The total number of common shareholders at the end of the reporting period was 14,455[19] - The largest shareholder, Jiazhuo Holdings Limited, holds 33.75% of shares, with 145.80 million shares pledged[19] - The top five customers accounted for 14.29% of total revenue, with sales totaling 6,745.21 million[33] - The total amount of procurement from the top five suppliers was 6,522.20 million, representing 18.99% of total procurement[32]