正威新材(002201) - 2018 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2018 was ¥222,828,993.98, representing a 19.45% increase compared to ¥186,548,175.49 in the same period last year[8] - Net profit attributable to shareholders was ¥2,410,734.67, up 20.77% from ¥1,996,163.20 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥64,708.19, a significant recovery from a loss of ¥1,887,056.64 in the previous year, marking a 123.00% improvement[8] - The company expects net profit attributable to shareholders for the first half of 2018 to range from 4.44 million to 6.65 million yuan, representing a growth of 0% to 50% compared to the same period in 2017[23] Cash Flow and Assets - The net cash flow from operating activities decreased by 42.21% to ¥27,087,321.27 from ¥46,873,181.65 in the same period last year[8] - Total assets at the end of the reporting period were ¥2,545,647,686.27, down 7.12% from ¥2,740,929,575.85 at the end of the previous year[8] - Cash and cash equivalents decreased by 178.95 million yuan, a reduction of 61.48%, primarily due to a decrease in letter of credit deposits[16] - Cash received from operating activities decreased by 4.40 million yuan, a decrease of 48.33%, primarily due to the return of bid guarantees in the previous year[17] - Cash paid for purchasing goods and services increased by 74.46 million yuan, a growth of 99.07%, due to concentrated payments for materials during the reporting period[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,698[11] - The largest shareholder, Jiangsu Jiuding Group Co., Ltd., held 26.39% of the shares, amounting to 87,754,391 shares, with 7,086,613 shares pledged[11] Non-Recurring Gains and Other Income - The company reported non-recurring gains of ¥2,346,026.48, primarily from government subsidies and asset disposals[9] - Investment income increased by 0.43 million yuan, a rise of 64.64%, due to better profitability of the joint venture Huijin Rural Microfinance Co., Ltd.[17] - Income tax expenses decreased by 0.36 million yuan, a reduction of 39.69%, mainly due to reduced tax provisions by the parent company[17] Changes in Receivables and Prepayments - Prepayments increased by 20.30 million yuan, a growth of 105.92%, mainly due to increased material payments at the end of the reporting period[16] - Other receivables increased by 4.15 million yuan, a growth of 70.57%, primarily due to increased bid guarantees and petty cash payments[16] Return on Assets - The weighted average return on net assets was 0.27%, an increase of 0.06% compared to 0.21% in the same period last year[8] Research and Communication Activities - No research, communication, or interview activities were conducted during the reporting period[27]