宁波韵升(600366) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 438,079,957.05, representing a year-on-year increase of 15.70%[6] - Net profit attributable to shareholders was CNY 19,971,838.09, a decrease of 75.16% compared to the same period last year[6] - Basic earnings per share decreased by 75.12% to CNY 0.0369[6] - Net profit for Q1 2018 was CNY 21,230,029.32, a decrease of 74% from CNY 81,595,280.61 in Q1 2017[21] - The net profit for Q1 2018 was CNY 71,421,139.88, compared to CNY 2,539,669.77 in the same period last year, showing a significant increase[24] - The total comprehensive income for the period was CNY 51,585,709.88, compared to a loss of CNY 19,512,321.27 in the same quarter last year[24] Cash Flow - Cash flow from operating activities showed a negative value of CNY -89,188,710.45, worsening by 27.92% year-on-year[6] - The company’s cash flow from operating activities was impacted by increased sales and management expenses, totaling CNY 69,449,105.89 for the quarter[20] - The cash flow from operating activities showed a net outflow of CNY 89,188,710.45, compared to a net outflow of CNY 69,720,543.04 in the previous year[27] - Cash inflow from sales of goods and services was CNY 425,115,630.67, a decrease from CNY 547,014,104.83 year-over-year, representing a decline of about 22.3%[27] - The company received CNY 22,539,288.08 in tax refunds, down from CNY 37,141,756.48 in the previous year, reflecting a decrease of approximately 39.3%[27] - Cash inflow from investment activities reached $1.49 billion, up from $1.23 billion year-over-year[30] - Net cash flow from operating activities was $53.01 million, compared to a negative $203.54 million in the previous year[30] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,131,932,403.07, a decrease of 1.05% compared to the end of the previous year[6] - The company's current assets totaled CNY 3,209,640,130.35, down from CNY 3,461,801,842.11 at the beginning of the year, indicating a decline of approximately 7.26%[15] - The total liabilities decreased slightly to CNY 1,371,582,355.11 from CNY 1,382,705,221.95, a reduction of about 0.09%[16] - The company's equity attributable to shareholders decreased to CNY 4,662,719,645.81 from CNY 4,716,562,635.51, a decline of approximately 1.14%[17] - The company's total assets increased to CNY 5,075,578,156.86, compared to CNY 4,987,161,546.28 at the end of the previous period[19] - Total liabilities rose to CNY 1,157,616,279.85, compared to CNY 1,122,968,728.15 in the previous year[19] Operating Costs - The company reported a significant increase in operating costs, which rose by 37.21% due to higher sales volume and increased raw material costs[12] - Total operating costs rose to CNY 485,947,314.71, up 45% from CNY 335,277,233.36 year-over-year[20] Investments and Financing - The company reported an investment income of CNY 60,401,252.81, significantly higher than CNY 8,329,373.22 in Q1 2017[21] - Cash inflow from financing activities amounted to $190 million, an increase from $60 million year-over-year[30] - The company’s financing activities resulted in a net cash outflow of CNY 63,091,120.82, compared to a net inflow of CNY 116,050,049.29 in the same period last year[28] Inventory and Receivables - Inventory increased to CNY 862,515,906.27 from CNY 762,788,865.16, reflecting a growth of about 13.09%[15] - The accounts receivable decreased to CNY 485,786,027.56 from CNY 535,396,207.23, indicating a decline of approximately 9.27%[15] - The company's other receivables increased to CNY 140,170,985.16 from CNY 127,273,342.20, reflecting an increase of about 10.5%[15] Other Financial Metrics - The weighted average return on equity decreased to 0.42%, down 1.35 percentage points from the previous year[6] - Other comprehensive income decreased by 80.19% to CNY 735,540.00, due to a decline in the fair value of available-for-sale financial assets[12] - The cash and cash equivalents decreased to CNY 807,239,387.72 from CNY 825,073,297.94, a decrease of about 2.9%[14] - The non-current assets totaled CNY 2,922,292,272.72, up from CNY 2,734,898,426.27, indicating an increase of approximately 6.87%[15]