柳工(000528) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥4,472,747,171.44, representing a 70.75% increase compared to ¥2,619,395,123.47 in the same period last year[8] - Net profit attributable to shareholders was ¥289,597,325.31, a significant increase of 143.38% from ¥118,990,436.73 in the previous year[8] - The net profit after deducting non-recurring gains and losses was ¥279,912,150.99, reflecting a 152.16% increase compared to ¥111,007,277.51 in the same period last year[8] - The basic earnings per share (EPS) was ¥0.2574, up 143.52% from ¥0.1057 in the previous year[8] - The company reported a net profit of CNY 4.14 billion, up from CNY 3.85 billion, indicating a growth of about 7.5%[42] - The total operating revenue for the first quarter of 2018 was CNY 4,472,747,171.44, a significant increase of 70.8% compared to CNY 2,619,395,123.47 in the same period last year[48] - The total operating costs amounted to CNY 4,127,031,089.83, up 66.3% from CNY 2,484,080,615.38 year-over-year[48] - The earnings per share (EPS) for the first quarter was CNY 0.2574, compared to CNY 0.1057 in the same quarter last year, reflecting a growth of 143.5%[50] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥24,425,803,008.91, an increase of 6.67% from ¥22,899,327,925.89 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 2.85% to ¥9,312,792,433.41 from ¥9,586,156,956.36 at the end of the previous year[8] - Current liabilities rose to CNY 12.11 billion, compared to CNY 11.15 billion, reflecting an increase of about 8.58%[40] - Long-term borrowings increased significantly to CNY 1.76 billion from CNY 1.00 billion, marking a 76% increase[40] - The total liabilities increased to CNY 14.68 billion from CNY 12.90 billion, representing an increase of approximately 13.9%[40] - The company's equity attributable to shareholders decreased to CNY 9.31 billion from CNY 9.59 billion, a decline of about 2.9%[42] Cash Flow - The net cash flow from operating activities was ¥78,932,067.62, a decrease of 83.73% compared to ¥485,140,856.81 in the same period last year[8] - The cash inflow from operating activities totaled CNY 4,640,639,354.18, an increase of 48.5% compared to CNY 3,125,191,998.07 in the previous period[56] - The cash outflow from investing activities was CNY 701,580,701.09, up from CNY 387,569,773.31 in the previous period, resulting in a net cash flow from investing activities of -CNY 544,465,047.60[57] - Cash inflow from financing activities was CNY 1,025,046,792.72, significantly higher than CNY 143,548,000.00 in the previous period[57] - The net cash flow from financing activities was CNY 643,122,438.60, a turnaround from -CNY 1,833,190,929.60 in the prior period[57] - The total cash and cash equivalents at the end of the period reached CNY 4,017,644,361.80, compared to CNY 3,296,216,875.45 at the end of the previous period[57] Investments and Expenses - Investment activities generated a net cash outflow of CNY 544.47 million, reflecting the acquisition of a subsidiary[19] - Financial expenses surged by 142.54% to CNY 29.09 million, attributed to increased exchange losses[18] - Tax expenses increased by 182.69% to CNY 81.77 million, correlating with profit growth[18] - The sales expenses for the quarter were CNY 341,515,606.56, which is a 53.0% increase compared to CNY 223,429,245.42 last year[49] - The management expenses rose to CNY 225,772,284.10, up 37.9% from CNY 163,752,947.40 year-over-year[49] Shareholder Information - The company had a total of 1,125,242,136 shares outstanding as of the last trading day before the report disclosure[9] - The largest shareholder, Guangxi Liugong Group Co., Ltd., held 34.98% of the shares, totaling 393,562,664 shares[13] Operational Highlights - Accounts receivable increased by 34.54% to CNY 3.90 billion due to rising sales volume[18] - Inventory at the end of the reporting period was approximately 4.373 billion yuan, up from 4.198 billion yuan, reflecting increased stock levels[38] - The total current assets reached approximately 16.681 billion yuan, compared to 15.095 billion yuan at the beginning of the period, showing growth in liquidity[38] - The company acquired a 51% stake in Shanghai Jintai Engineering Machinery Co., Ltd. through a business combination in January 2018[19] Future Outlook - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[41] - The company has not provided any specific guidance for future performance or market expansion strategies in this report[30]