宏达新材(002211) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was ¥207,700,410.07, representing a 61.69% increase compared to ¥128,453,739.47 in the same period last year[8] - Net profit attributable to shareholders was ¥10,514,163.69, a significant turnaround from a loss of ¥3,164,515.44, marking a 432.25% increase[8] - The net profit after deducting non-recurring gains and losses was ¥7,879,982.93, compared to a loss of ¥1,996,328.38, reflecting a 494.72% improvement[8] - Basic earnings per share increased to ¥0.0243 from a loss of ¥0.0073, representing a 432.88% rise[8] - The company reported a net cash flow from operating activities of -¥3,310,016.41, a decline of 104.52% compared to ¥73,263,110.54 in the same period last year[8] - The company's net profit for the first half of 2017 is expected to turn from a loss of ¥5.89 million in the same period last year to a profit between ¥10 million and ¥20 million[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,135,490,264.42, up 6.34% from ¥1,067,790,501.39 at the end of the previous year[8] - The net assets attributable to shareholders increased to ¥785,505,751.12, a 1.36% rise from ¥774,991,587.43 at the end of the previous year[8] - The company's cash and cash equivalents decreased by 56.13% to ¥70.17 million from ¥159.94 million due to investments in financial products[16] - The company's inventory rose by 46.72% to ¥98.63 million from ¥67.22 million, indicating increased stockpiling[16] - The company’s accounts receivable increased by 36.55% to ¥13.61 million from ¥9.97 million, indicating more bank acceptance bills not yet used[16] - The company’s prepayments increased by 49.88% to ¥60.47 million from ¥40.35 million, primarily due to increased advance payments for key materials[16] Income and Subsidies - The company received government subsidies amounting to ¥777,000.00 during the reporting period[9] - The company received other income of ¥1.05 million in Q1 2017, a substantial increase of 23521.87% from ¥0.0044 million, mainly due to government subsidies[16] - Investment income increased significantly by 1516.07% to ¥2.46 million from a loss of ¥0.17 million, attributed to higher returns from financial products[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 56,669[12] Return on Equity - The weighted average return on equity was 1.35%, an increase of 1.76% from -0.41% in the previous year[8] - The company’s minority interest profit increased by 827.67% to ¥1.93 million from ¥0.21 million, reflecting improved profitability[16]