贝斯特(300580) - 2017 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2017 was CNY 144,611,497.44, representing a 13.77% increase compared to CNY 127,109,769.21 in the same period last year[8]. - Net profit attributable to shareholders was CNY 30,777,969.85, up 13.98% from CNY 27,003,998.93 year-on-year[8]. - The company achieved operating revenue of 144.61 million yuan, a year-on-year increase of 13.77%[26]. - The net profit attributable to the parent company was 30.78 million yuan, reflecting a year-on-year growth of 13.98%[27]. - The total profit for the first quarter was CNY 36,209,376.29, up from CNY 31,769,410.51, reflecting a growth of 13.7% year-over-year[46]. - Operating profit increased to CNY 32,926,307.14 from CNY 30,866,611.35, marking a rise of 6.7%[46]. - The total operating costs for Q1 2017 amounted to CNY 111,958,228.66, up from CNY 96,226,684.04 in the previous year, reflecting a growth of 16.38%[44]. Cash Flow and Assets - Net cash flow from operating activities increased significantly by 140.23%, reaching CNY 32,333,730.19 compared to CNY 13,459,303.93 in the previous year[8]. - Cash flow from operating activities reached 32.33 million yuan, up 140.23% compared to the previous period[25]. - Total cash and cash equivalents increased by 123.13% to ¥70,002,210.72 due to funds raised from the IPO[21]. - The ending balance of cash and cash equivalents was 60.44 million yuan, a 133.38% increase from the previous period[25]. - The cash and cash equivalents increased to CNY 70,002,210.72 from CNY 31,373,196.09, marking a significant rise of 123.00%[40]. - The company reported a net increase in cash and cash equivalents of 41.94 million yuan, up 583.31% year-on-year[25]. - Total assets at the end of the reporting period were CNY 1,451,514,909.24, a 36.50% increase from CNY 1,063,348,304.05 at the end of the previous year[8]. - The company's total assets as of March 31, 2017, were CNY 1,451,514,909.24, compared to CNY 1,063,348,304.05 at the beginning of the year, representing a growth of 36.52%[41]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 28,336[16]. - The largest shareholder, Wuxi Best Investment Co., Ltd., holds 56.37% of shares, totaling 112,743,600 shares[16]. - The company's equity attributable to shareholders rose to CNY 1,171,973,865.97 from CNY 697,046,012.34, an increase of 68.19%[43]. Costs and Expenses - Labor costs for Q1 2017 amounted to CNY 35,771,300, accounting for 24.74% of operating revenue, up from 16.42% in the same period last year[11]. - Sales expenses decreased by 61.04% to ¥1,631,156.70 compared to the previous period[23]. - The total liabilities decreased to CNY 279,541,043.27 from CNY 366,302,291.71, a reduction of 23.69%[42]. Government Support and Future Plans - The company received government subsidies amounting to CNY 3,283,069.15 during the reporting period[9]. - Government subsidies contributed to a 263.65% increase in other income, totaling ¥3,283,069.15[23]. - The company plans to enhance internal controls and optimize human resource allocation to mitigate rising labor costs and improve performance[12]. - The company aims to expand its domestic market presence and enhance its competitive edge through technological and marketing innovations[14]. - The company plans to continue expanding its market presence and enhancing its core competencies in response to rising raw material costs[28]. - The company plans to use the raised funds of CNY 336,023,521.08 to replace self-raised funds previously invested in projects, ensuring dedicated use of the funds[33].