银轮股份(002126) - 2018 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2018 reached ¥1,204,850,065.52, representing a 29.53% increase compared to ¥930,148,986.26 in the same period last year[8] - Net profit attributable to shareholders was ¥102,345,009.35, up 30.11% from ¥78,660,775.89 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥95,931,961.55, reflecting a 30.79% increase from ¥73,345,357.83 in the previous year[8] - Basic earnings per share rose to ¥0.13, an 18.18% increase from ¥0.11 in the previous year[8] - Net profit increased by 33.67% year-on-year, due to higher revenue and a reduction in expense ratios[16] Cash Flow - The net cash flow from operating activities increased significantly by 81.14%, amounting to ¥36,669,743.49 compared to ¥20,243,608.28 in the same period last year[8] - Net cash flow from operating activities rose by 81.14% year-on-year, driven by increased cash receipts from sales of goods and services[16] - Net cash flow from investing activities increased by 44.56% year-on-year, primarily due to the redemption of financial products[16] - Net cash flow from financing activities grew by 74.50% year-on-year, attributed to increased bank financing[16] Assets and Shareholder Information - Total assets at the end of the reporting period were ¥6,943,988,597.83, a 3.98% increase from ¥6,678,107,088.20 at the end of the previous year[8] - Net assets attributable to shareholders increased by 2.29%, reaching ¥3,444,258,548.42 compared to ¥3,367,060,150.80 at the end of the previous year[8] - The company reported a total of 39,134 common shareholders at the end of the reporting period[12] - The largest shareholder, Tiantai Yinlun Industrial Development Co., Ltd., held 10.04% of the shares, amounting to 80,444,000 shares[12] Costs and Expenses - Operating costs rose by 30.44% year-on-year, primarily due to increased revenue and higher prices of bulk materials[16] - Financial expenses surged by 109.91% year-on-year, mainly attributed to the appreciation of the RMB against the USD[16] Investment and Borrowing - Investment income grew by 197.12% year-on-year, resulting from increased returns on cash management of raised and self-owned funds[16] - Short-term borrowings increased by 259.79% compared to the beginning of the period, mainly for replacing long-term liabilities with short-term financing[16] - Accounts payable rose by 35.07% compared to the beginning of the period, due to increased procurement activities and the use of acceptance bills for payment[16] Share Repurchase - The company did not engage in any repurchase transactions during the reporting period[13] Revenue Drivers - Revenue increased by 29.53% year-on-year, driven by significant growth in the engineering machinery and commercial vehicle sectors, along with stable growth in passenger vehicle business[16]