华宝股份(300741) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2018 was CNY 494,444,073, an increase of 8.32% compared to CNY 456,462,208 in the same period last year[7] - Net profit attributable to shareholders was CNY 277,045,355, representing a growth of 23.24% from CNY 224,798,136 year-on-year[7] - Basic earnings per share rose to CNY 0.48, up 17.07% from CNY 0.41 in the same quarter last year[7] - Operating profit for the period was CNY 330,815,420, compared to CNY 265,667,180 in the previous period, reflecting a growth of about 24.5%[53] - The company reported a total comprehensive income of CNY 273,368,252 for the period, compared to CNY 228,593,964 in the previous period, indicating a growth of around 19.6%[54] Cash Flow - Net cash flow from operating activities decreased by 19.17% to CNY 320,842,820 from CNY 396,955,589 in the previous year[7] - The net cash flow from operating activities for Q1 2018 was CNY 320,842,820, a decrease of 19.1% compared to CNY 396,955,589 in the same period last year[60] - Total cash inflow from operating activities was CNY 833,440,890, up from CNY 782,661,879, representing a growth of 6.7%[60] - The cash outflow from operating activities increased to CNY 512,598,070, compared to CNY 385,706,290, marking a rise of 32.9%[60] - Cash inflow from financing activities totaled CNY 2,377,374,000, with a net cash flow of CNY 2,318,011,930 after outflows[61] Assets and Liabilities - Total assets increased by 39.92% to CNY 8,704,248,024 compared to CNY 6,220,790,520 at the end of the previous year[7] - The company's total liabilities decreased to CNY 401,695,065 from CNY 503,447,931, reflecting a reduction of about 20%[46] - Total liabilities amounted to CNY 666,378,844, up from CNY 486,465,655 in the previous period, indicating a rise of approximately 37.0%[53] - The total current assets reached CNY 7,064,300,866, compared to CNY 4,573,910,554 at the start of the year, indicating a growth of approximately 54%[44] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 64,723[20] - The largest shareholder, Huafeng International Investment Holdings (China) Co., Ltd., holds 81.10% of the shares, totaling 499,500,000 shares[20] - Net assets attributable to shareholders grew by 46.01% to CNY 8,182,985,092 from CNY 5,604,468,679 at the end of the last year[7] Expenses - Sales expenses increased by 31.98% to 4,036.33 million RMB, mainly due to higher business and marketing expenses[26] - Financial expenses increased by 77.32% to -2,851.01 million RMB, attributed to increased interest income from deposits[26] - The company reported a decrease in sales expenses to CNY 40,363,263 from CNY 30,582,729, which is an increase of about 32.0%[53] Investments and Projects - The company plans to invest in new projects, including food flavoring production bases and technology research and development, funded by the proceeds from its issuance[16] - The total amount of cash received from the public offering of shares was 2,377.37 million yuan, primarily due to fundraising activities[31] - The company has not changed the use of raised funds, with a total of 2,311.84 million yuan allocated for various projects[36] Risks and Compliance - The company faces risks related to goodwill impairment, with a goodwill balance of CNY 119,455.07 million as of March 31, 2018[10] - The company reported no violations regarding external guarantees during the reporting period[39] - There were no significant changes in the cumulative net profit forecast for the year compared to the same period last year[38]