航锦科技(000818) - 2018 Q1 - 季度财报

Revenue and Profit - The company's revenue for the first quarter reached ¥907,539,547.94, representing a 29.71% increase compared to ¥699,656,181.75 in the same period last year[6] - Net profit attributable to shareholders was ¥128,104,176.13, a significant increase of 338.22% from ¥29,233,038.33 in the previous year[6] - The basic earnings per share rose to ¥0.19, reflecting a 375.00% increase from ¥0.04 in the same period last year[6] - Net profit increased by 356% year-on-year, driven by higher sales prices in the chemical sector and the inclusion of profits from a subsidiary in the military industry[14] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,061,964,181.35, up 6.83% from ¥3,802,242,124.88 at the end of the previous year[6] - Short-term borrowings increased by 113%, attributed to an increase in bank loans during the reporting period[13] - Cash received from borrowings increased by 7902% year-on-year, primarily due to an increase in working capital loans[14] - Cash paid for debt repayment was 70.05 million yuan, with no previous period amount reported, mainly for repaying bank loans[14] Cash Flow - Cash flow from operating activities showed a net outflow of ¥34,194,257.03, a decline of 273.01% compared to a net inflow of ¥19,763,902.58 in the previous year[6] - Cash paid to employees increased by 56% year-on-year, primarily due to the payment of year-end bonuses for 2017[14] - Cash paid for dividends, profits, or interest increased by 15763% year-on-year, primarily due to increased bank loan interest payments[14] Expenses - Sales expenses surged by 118% year-on-year, mainly due to increased shipping costs for products sold[13] - Taxes paid increased by 91% compared to the same period last year, mainly due to higher VAT and urban land use tax payments[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,995[9] Other Financial Metrics - The company’s weighted average return on equity improved to 5.00%, up from 1.28% in the previous year[6] - Asset impairment losses decreased by 49% compared to the same period last year, mainly due to increased product sales prices and reduced inventory write-down provisions[14] - The company reported a 60% increase in prepayments, primarily due to increased raw material prepayments[13]