四川双马(000935) - 2018 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2018 was ¥507,362,652.11, a decrease of 5.82% compared to ¥538,714,401.21 in the same period last year[8] - Net profit attributable to shareholders was ¥98,123,390.58, a significant recovery from a loss of ¥4,027,597.86 in the previous year[8] - The net profit after deducting non-recurring gains and losses was ¥112,383,202.24, compared to a loss of ¥16,025,217.72 in the same period last year[8] - Basic and diluted earnings per share were both ¥0.13, recovering from a loss of ¥0.01 per share in the same period last year[8] - The weighted average return on equity increased to 3.30%, up from -0.15% in the previous year[8] Cash Flow and Assets - The net cash flow from operating activities was ¥37,143,583.20, a recovery from a negative cash flow of ¥54,087,847.17 in the previous year[8] - Cash and cash equivalents increased by 785.08% compared to the beginning of the year, primarily due to proceeds from the disposal of subsidiaries[16] - Net cash flow from operating activities increased by 91.23 million yuan compared to the same period last year, mainly due to improved cash flow from cement operations[17] - Net cash flow from investing activities increased by 1,063.65 million yuan compared to the same period last year, primarily due to proceeds from the disposal of subsidiaries[17] Asset and Liability Changes - Total assets decreased by 33.32% to ¥4,071,829,125.86 from ¥6,106,281,955.00 at the end of the previous year[8] - Net assets attributable to shareholders increased by 3.36% to ¥3,018,708,279.55 from ¥2,920,584,888.97 at the end of the previous year[8] - Accounts receivable decreased by 95.57% compared to the beginning of the year, mainly due to the reduction in the scope of consolidation from the disposal of two subsidiaries[16] - Inventory decreased by 61.57% compared to the beginning of the year, attributed to the disposal of subsidiaries leading to a reduced scope of consolidation[16] - Short-term borrowings decreased by 51.55% compared to the beginning of the year, due to the disposal of subsidiaries and repayment of short-term loans[16] - Deferred income decreased by 94.98% compared to the beginning of the year, mainly due to the reduction in the scope of consolidation from the disposal of subsidiaries[17] Operational Changes - Operating costs decreased by 35.53% compared to the same period last year, primarily due to the disposal of subsidiaries[17] - The company reported a loss of ¥24,652,702.77 from the disposal of non-current assets, primarily due to the loss from the disposal of subsidiary equity[9] - The capital reserve increased by 79.24% compared to the beginning of the year, mainly due to the disposal of the subsidiary Dujiangyan Lafarge[17] Government and Compliance - The company received government subsidies amounting to ¥12,310,599.24, mainly related to value-added tax refunds[9] - The company reported no violations regarding external guarantees during the reporting period[26] - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[27] Future Outlook - The company expects a significant change in net profit compared to the same period last year, but no specific guidance was provided[19]