江南化工(002226) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥481,439,248.52, representing a 30.65% increase compared to ¥368,491,037.08 in the same period last year[7] - Net profit attributable to shareholders increased by 308.69% to ¥10,581,966.77 from ¥8,321,458.60 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥7,880,570.86, up 216.25% from ¥7,123,574.33 in the previous year[7] - The company's total profit for the reporting period was CNY 20,522,560.53, a significant increase of 687.58% year-on-year[18] - The net profit for the first quarter was CNY 15,093,370.83, a significant recovery from a net loss of CNY 3,955,285.19 in the previous year[44] - The earnings per share (EPS) for the quarter was CNY 0.0085, compared to a loss per share of CNY 0.0041 in the previous year[45] Cash Flow - The net cash flow from operating activities was ¥11,627,578.61, a significant turnaround from a negative cash flow of ¥30,345,802.38 in the same period last year[7] - The company's cash flow from financing activities increased by CNY 78,495,368.45 to CNY 64,596,516.01, due to increased net financing and government subsidies received[20] - Net cash flow from operating activities was ¥11,627,578.61, a decrease from ¥14,717,598.64 in the previous period[51] - Investment activities generated a net cash outflow of ¥243,169,739.95, contrasting with a net inflow of ¥330,795,612.96 last year[52] - Cash inflow from financing activities totaled ¥613,637,757.37, significantly higher than ¥183,874,064.00 in the previous period[52] - Net cash flow from financing activities was ¥64,596,516.01, compared to a net outflow of ¥13,898,852.44 last year[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥12,476,280,135.77, a 0.54% increase from ¥12,408,776,649.93 at the end of the previous year[7] - Total current assets decreased from ¥4,047,487,271.19 to ¥3,976,091,144.12, a decline of approximately 1.76%[35] - Total non-current assets increased from ¥8,361,289,378.74 to ¥8,500,188,991.65, an increase of about 1.67%[36] - Total liabilities increased from ¥6,254,685,273.32 to ¥6,346,915,503.65, an increase of approximately 1.10%[37] - The total liabilities increased to CNY 947,525,361.47 from CNY 831,443,697.66, indicating a rise of 13.9%[44] Shareholder Information - The total number of shareholders at the end of the reporting period was 81,650[12] - The largest shareholder, Dunan Holding Group Co., Ltd., held 36.82% of the shares, amounting to 459,824,882 shares[12] Acquisitions and Investments - The company completed the acquisition of Zhejiang Dunan New Energy Development Co., Ltd. on January 26, 2018, which is now a wholly-owned subsidiary[7] - The company issued shares to acquire 100% of Zhejiang Shun'an New Energy Co., Ltd., which is now a wholly-owned subsidiary[21] Operating Costs and Profitability - The company's operating costs for the reporting period were CNY 293,086,493.09, an increase of 35.67% year-on-year, attributed to business growth and rising raw material prices[18] - The gross profit margin improved to approximately 3.0% from 0.5% in the same quarter last year[44] - The operating profit for the quarter was CNY 20,810,637.68, a substantial increase from CNY 1,851,028.75 in the previous year[44] Other Financial Metrics - The company's accounts receivable interest decreased by 78.79% to CNY 1,718,008.34, due to the recovery of fixed deposit interest[17] - The company's accounts payable for dividends increased by 254.97% to CNY 5,910,444.23, reflecting an increase in dividends payable to minority shareholders[17] - The company received government relocation compensation funds, leading to a 990.03% increase in special payables to CNY 35,790,173.29[17] - The company reported a significant decrease in other comprehensive income, with a net loss of CNY 32,212,620.00 compared to a gain of CNY 147,968,000.00 in the same period last year[45] - The company reported a significant increase in other receivables from ¥112,732,521.89 to ¥129,936,135.49, an increase of approximately 15.21%[35]