英可瑞(300713) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2018 was CNY 45,259,930.09, an increase of 0.66% compared to CNY 44,963,760.87 in the same period last year[8] - Net profit attributable to shareholders was CNY 14,470,941.09, reflecting a growth of 5.03% from CNY 13,777,451.51 year-on-year[8] - The total profit for the period was 16.70 million RMB, reflecting an 8.33% growth from 15.41 million RMB year-on-year[19] - The company's operating revenue for Q1 2018 was CNY 45,259,930.09, a slight increase from CNY 44,963,760.87 in the same period last year, representing a growth of approximately 0.65%[46] - The net profit attributable to the parent company was CNY 14,470,941.09, compared to CNY 13,777,451.51 in Q1 2017, reflecting an increase of about 5.02%[42] - The operating profit for the quarter was CNY 15,041,758.27, significantly higher than CNY 6,817,063.78 in the previous year, indicating a growth of approximately 120.00%[46] - The total profit for Q1 2018 reached CNY 16,756,102.67, compared to CNY 15,715,753.52 in Q1 2017, marking an increase of about 6.63%[46] Cash Flow and Assets - Operating cash flow improved significantly, with a net cash flow from operating activities of CNY 3,965,227.64, up 831.03% from a negative CNY 542,418.47 last year[8] - The cash and cash equivalents balance at the end of the period was 103.53 million RMB, a 120.11% increase from 47.04 million RMB at the beginning of the period[18] - Cash received from sales of goods and services was CNY 38,180,627.85, compared to CNY 24,432,612.06 in the previous period, reflecting a substantial increase of approximately 56.00%[49] - Investment cash inflow reached CNY 184,528,099.26, significantly higher than CNY 24,552,347.95 in the previous period, marking an increase of approximately 650.5%[51] - The net cash flow from investment activities was CNY -104,403,680.16, compared to CNY -534,827.53 in the previous year, indicating a larger outflow[51] - Total cash and cash equivalents at the end of the period were CNY 103,534,348.69, down from CNY 203,972,801.21 at the beginning of the period[51] Liabilities and Equity - Total liabilities increased to CNY 210,056,015.16 from CNY 197,977,922.75[35] - Owner's equity at the end of Q1 2018 was CNY 725,331,737.98, up from CNY 710,860,796.89[36] R&D and Market Position - The company received government subsidies amounting to CNY 1,516,000.00 for R&D expenses during the reporting period[9] - The company is committed to enhancing R&D capabilities to maintain product differentiation and technological leadership in a competitive market[11] - The company faces risks related to market competition, with increasing pressure to expand market share in the electric power supply and automotive charging sectors[10] Accounts and Receivables - The increase in accounts receivable due to growing sales in automotive charging products poses a risk of bad debts, necessitating careful partner selection[11] - Other receivables rose by 32.23% to 2.92 million RMB, mainly due to an increase in customer bidding deposits[18] - Accounts payable increased by 90.52% to 97.64 million RMB, mainly due to the settlement of accounts payable with notes[18] Project Investments - The total amount of raised funds for the quarter is RMB 38,500,000, with cumulative investment amounting to RMB 4,742,180[23] - The smart high-frequency switch power supply industrialization project has a committed investment of RMB 23,500,000, with a progress rate of 0.54%[23] - The R&D center project has a committed investment of RMB 7,500,000, with a progress rate of 1.55%[23] - The company plans to extend the construction period of the fundraising projects from 1.5 years to 2.5 years, delaying completion to April 2020[24] Other Financial Metrics - Basic and diluted earnings per share for Q1 2018 were both CNY 0.27, down from CNY 0.32 in the same period last year, representing a decrease of approximately 15.63%[43] - The tax expenses for the quarter were CNY 2,226,541.05, compared to CNY 1,636,610.19 in Q1 2017, which is an increase of about 36.00%[46] - The company reported other income of CNY 11,427,362.64, which was not present in the previous year's report, indicating new revenue streams[49] Audit and Compliance - The report for the first quarter was not audited[56] - The company has no violations regarding external guarantees during the reporting period[27]