中达安(300635) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2018 was CNY 104,218,421.87, representing an increase of 18.43% compared to CNY 87,998,378.46 in the same period last year[8]. - Net profit attributable to shareholders was CNY 12,496,119.13, up 9.39% from CNY 11,423,105.71 year-on-year[8]. - Net profit excluding non-recurring items reached CNY 12,494,430.28, a significant increase of 23.64% from CNY 10,105,270.82 in the previous year[8]. - The company achieved operating revenue of 104.22 million yuan, an increase of 18.43% year-on-year[28]. - The operating profit was 18.94 million yuan, up 50% compared to the same period last year[28]. - The net profit attributable to shareholders was 12.50 million yuan, reflecting a year-on-year increase of 9.39%[28]. - Net profit for the quarter was ¥14,813,028.44, up from ¥11,423,105.71 year-over-year, indicating a growth of approximately 29.5%[50]. - Operating profit for the quarter was ¥18,943,097.56, compared to ¥12,628,348.39 in the previous year, showing a significant increase[50]. Cash Flow and Assets - The net cash flow from operating activities improved to -CNY 24,563,646.68, a 43.60% reduction in losses compared to -CNY 43,548,532.16 last year[8]. - The company reported a cash flow from operating activities of ¥91,043,134.84, compared to ¥64,598,066.13 in the prior period, indicating improved cash generation[56]. - Operating cash inflow totaled CNY 125,512,527.80, an increase of 28.2% compared to CNY 98,014,192.10 in the previous period[57]. - Total assets at the end of the reporting period were CNY 882,698,831.52, reflecting a growth of 23.66% from CNY 713,838,805.18 at the end of the previous year[8]. - The total assets of the company increased to ¥828,054,625.13, compared to ¥713,832,082.33 in the previous period[50]. - The company's cash and cash equivalents decreased to CNY 165,263,326.94 from CNY 177,291,660.40, a decline of approximately 6.3%[41]. - The ending balance of cash and cash equivalents was CNY 165,263,326.94, down from CNY 304,179,086.00[58]. - Total cash and cash equivalents decreased by CNY 12,028,333.46 during the period[58]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,309[13]. - The largest shareholder, Wu Junye, holds 19.09% of the shares, totaling 25,898,080 shares, all of which are pledged[15]. - The second-largest shareholder, Li Tao, owns 17.21% of the shares, amounting to 23,352,000 shares, which are also fully pledged[15]. - The total number of restricted shares at the beginning of the period was 101,760,000, with 1,782,560 shares released during the period, resulting in 101,314,360 restricted shares at the end[18]. - The company has a significant number of pledged shares, with Wu Junye and Li Tao both having their entire holdings pledged[15]. - The company has a total of 10 major shareholders, with the top three holding over 49% of the shares collectively[15]. - The total number of shares held by the top 10 unrestricted shareholders is 1,127,240 shares[15]. Risks and Strategic Initiatives - The company faces industry risks related to the telecommunications and real estate sectors, which may impact future performance[10]. - The company is actively seeking opportunities for mergers and acquisitions to support its strategic goals, although there are risks associated with integration success[12]. - The company plans to establish several new branches across various provinces in China over the next three years to enhance its service network and market presence[22]. - The company is focusing on 5G technology, which is expected to significantly increase the demand for communication supervision services, with a tenfold increase in peak rates compared to 4G[25]. - The company is a candidate for 17 segments in the China Mobile 2018-2019 communication engineering supervision service procurement project, which could positively impact its operating performance upon contract signing[25]. Liabilities and Expenses - Total liabilities amounted to CNY 251,598,303.97, compared to CNY 117,308,251.28 at the beginning of the period, showing a significant increase[43]. - Management expenses increased by 36.73% to ¥12,654,426.88, attributed to the consolidation of Fujian Hongmin Power Engineering Supervision Co., Ltd.[20]. - Other payables surged by 411.13% to ¥158,648,263.51, mainly due to payments owed for the acquisition of Fujian Hongmin's equity[20]. - Short-term borrowings amounted to ¥11,500,000.00, a 100% increase due to the consolidation of Hongmin Supervision's short-term loans[20]. Acquisitions and Consolidations - The company acquired 60% of Fujian Hongmin Electric Power for 150 million yuan, with the first payment of 45 million yuan completed[29]. - Goodwill reached ¥129,160,245.02, reflecting the acquisition of Fujian Hongmin Supervision and the resulting goodwill from the merger[20]. - Accounts receivable increased by 19.69% to ¥502,054,023.00 due to the consolidation of Fujian Hongmin Power Engineering Supervision Co., Ltd.[20]. - Other receivables rose by 80.30% to ¥27,833,884.99, primarily from the consolidation of Fujian Hongmin Power Engineering Supervision Co., Ltd.[20]. Miscellaneous - The report indicates that there are no new agreements or transactions among the top shareholders during the reporting period[16]. - The company has not conducted any repurchase agreements among the top 10 shareholders during the reporting period[16]. - The company did not report any violations regarding external guarantees during the reporting period[35]. - The first quarter report was not audited[63].