DBG(SZ:300735)2018-04-25 16:00Financial Performance - Total revenue for Q1 2018 was CNY 269,339,468.64, representing a 5.37% increase compared to CNY 255,603,977.79 in the same period last year[9] - Net profit attributable to shareholders decreased by 28.49% to CNY 21,573,139.90 from CNY 30,167,171.02 year-on-year[9] - Net profit excluding non-recurring gains and losses fell by 34.14% to CNY 19,944,878.53 compared to CNY 30,284,292.99 in the previous year[9] - Basic and diluted earnings per share decreased by 46.38% to CNY 0.0608 from CNY 0.1134 year-on-year[9] - The total comprehensive income for Q1 2018 was CNY 19,111,613.59, down from CNY 30,010,264.27 in the same period last year[41] - Net profit for Q1 2018 was CNY 21,469,669.99, a decrease of 29.4% from CNY 30,392,476.63 in Q1 2017[40] Cash Flow - Operating cash flow turned negative at CNY -9,955,989.31, a decline of 114.26% from CNY 69,813,741.23 in the same quarter last year[9] - Operating cash inflow for the current period was CNY 306,405,179.18, down 25.0% from CNY 409,165,385.00 in the previous period[48] - Net cash flow from operating activities was negative CNY 9,955,989.31, compared to positive CNY 69,813,741.23 in the previous period[49] - Cash outflow for operating activities was CNY 316,361,168.49, compared to CNY 339,351,643.77 in the previous period, indicating a reduction in cash outflow[48] - The company’s cash flow from operating activities showed a significant decline, indicating potential challenges in revenue generation[48] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,876,522,348.78, a slight increase of 0.70% from CNY 1,863,514,035.50 at the end of the previous year[9] - Current assets decreased to CNY 1,221,936,607.46 from CNY 1,253,587,555.78, primarily due to a reduction in cash and cash equivalents[31] - Total liabilities decreased to CNY 245,893,421.03 from CNY 251,996,721.34, a reduction of about 2.4%[33] - The company's equity attributable to shareholders increased to CNY 1,627,166,283.55 from CNY 1,607,951,200.05, marking a growth of approximately 1.2%[34] - The non-current assets totaled CNY 654,585,741.32, up from CNY 609,926,479.72, reflecting an increase of about 7.3%[32] Investments and Expenditures - Prepayments increased by 92.29% to 87.46 million yuan, attributed to higher advance payments for materials[18] - Construction in progress rose by 59.67% to 445.73 million yuan, primarily due to the third phase land payments[18] - Other non-current assets surged by 151.10% to 157.47 million yuan, reflecting an increase in advance payments for equipment[18] - Deferred income increased by 69.54% to 109.41 million yuan, driven by higher government subsidies related to asset acquisition[18] Market and Strategic Outlook - The company plans to strengthen cooperation with existing major clients to ensure continuous market share growth[22] - The company aims to expand its business footprint and continuously develop new clients[22] - The company is focused on diversifying its product offerings to meet market demand[22] - The company reported no significant changes in the feasibility of its projects during the reporting period[25] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[40] Shareholder Information - The total number of shareholders at the end of the reporting period was 58,739, with the largest shareholder holding 61.30% of the shares[13] Risks and Compliance - The company faces risks from market fluctuations in the electronic manufacturing services industry and potential volatility in raw material prices[11] - The company reported no violations regarding external guarantees during the reporting period[27] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[29]