NFC(SZ:000758)2018-04-27 16:00Financial Performance - The company's operating revenue for Q1 2018 was ¥3,752,035,085, representing a 13.85% increase compared to ¥3,295,498,819 in the same period last year[10]. - The net profit attributable to shareholders of the listed company was ¥92,241,551, a slight increase of 1.07% from ¥91,262,498 in the previous year[10]. - The basic earnings per share for the period was ¥0.0468, up 1.08% from ¥0.0463 in the previous year[10]. - The gross profit margin for Q1 2018 was approximately 6.35%, compared to 6.83% in Q1 2017, indicating a slight decline[36]. - The net profit for Q1 2018 was CNY 20,643,465.86, compared to CNY 22,507,650.24 in Q1 2017, reflecting a decrease of 8.2%[37]. - The company reported a total comprehensive income of CNY 8,497,892.73 for Q1 2018, down from CNY 22,788,436.19 in the same period last year, reflecting a decline of 62.7%[37]. Cash Flow - The net cash flow from operating activities reached ¥2,530,298,884, a significant increase of 414.81% compared to a negative cash flow of ¥803,766,874 in the same period last year[10]. - The company reported a significant increase in cash flow from operations, indicating strong performance in project execution and collection[19]. - The cash flow from operating activities generated a net amount of CNY 2,530,298,884.98, a significant improvement from a negative cash flow of CNY -803,766,874.40 in the previous year[38]. - The cash flow from financing activities showed a net outflow of CNY -411,714,190.32, compared to a net inflow of CNY 869,843,158.44 in the same period last year[38]. Assets and Liabilities - Total assets at the end of the reporting period were ¥22,071,688,882.54, a decrease of 2.07% from ¥22,538,977,643.70 at the end of the previous year[10]. - Total liabilities decreased to ¥15,058,790,991.36 from ¥15,651,473,142.67, a reduction of approximately 3.8%[33]. - The company's equity increased to ¥7,012,897,891.18 from ¥6,887,504,501.03, showing an increase of about 1.8%[33]. - Current assets totaled ¥10,689,850,558.59, down 1.6% from ¥10,863,736,508.89 at the start of the year[35]. - The company's total assets decreased to ¥15,431,581,341.52 from ¥15,641,741,144.58 at the beginning of the year, a decline of 1.34%[35]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 133,044[14]. - The largest shareholder, China Nonferrous Metal Mining Group Co., Ltd., held 33.75% of the shares, amounting to 664,613,232 shares[14]. - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[16]. Operational Efficiency - Cash and cash equivalents increased by 79.50% to CNY 4,700,643,196.92 due to a significant increase in project receivables[19]. - Accounts receivable decreased by 39.80% to CNY 2,999,415,597.48 as a result of recovering previous project settlement payments[19]. - Inventory decreased to ¥4,097,222,494.89 from ¥4,656,732,131.36, reflecting a reduction of approximately 12.0%[32]. - The company experienced a significant increase in sales cash inflow, totaling CNY 5,642,529,205.83, compared to CNY 3,023,545,375.51 in the previous year, marking a 86.7% increase[38]. Financial Management - Financial expenses rose by 51.58% to CNY 126,386,846.78 primarily due to increased exchange losses from currency fluctuations[19]. - The company incurred financial expenses of CNY 99,338,174.93, which increased from CNY 84,931,263.64 in the previous year, indicating a rise of 17.5%[37]. - The company has established a risk management framework for futures hedging, which is expected to mitigate operational risks[25]. - There were no instances of non-compliance regarding external guarantees during the reporting period[27]. - The company reported no non-operational fund occupation by controlling shareholders or related parties during the reporting period[28].