HMJT(SZ:002356)2018-04-26 16:00Financial Performance - The company's operating revenue for Q1 2018 was ¥627,445,340.02, a decrease of 19.69% compared to the same period last year[8]. - Net profit attributable to shareholders was ¥23,020,448.80, representing a growth of 48.33% year-over-year[8]. - The net profit after deducting non-recurring gains and losses was ¥10,076,056.37, down 52.46% from the previous year[8]. - The net cash flow from operating activities was -¥236,638,469.16, a decline of 34.13% compared to the same period last year[8]. - Basic earnings per share increased to ¥0.0741, up 48.20% from ¥0.0500 in the previous year[8]. - The company expects net profit attributable to shareholders for the first half of 2018 to range between 6,000 million and 10,000 million, reflecting a decrease of 29.55% to an increase of 17.42% compared to the same period last year[23]. - The net profit for the first half of 2017 was 8,516.64 million, indicating potential challenges in maintaining profitability due to increased financial and management costs[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,656,742,815.61, a decrease of 4.97% from the end of the previous year[8]. - The company's total liabilities decreased by 4.97% compared to the previous year, while net assets attributable to shareholders increased by 1.28% to ¥1,823,006,067.53[8]. Revenue Breakdown - Apparel revenue reached 37,107.04 million, a significant increase of 1,058.52% compared to the same period last year, with a gross margin of 51.65%[18]. - Financial services revenue increased by 8.31% to 15,083.07 million, with a gross margin of 91.99%, up from 83.20%[18]. - Smart meter revenue decreased by 13.04% to 7,470.01 million, with a gross margin of 22.09%, down from 26.20%[18]. - Diamond jewelry revenue plummeted by 94.18% to 3,049.96 million, with a gross margin of 16.70%[18]. Non-Recurring Gains and Expenses - The company recognized non-recurring gains of ¥12,944,392.43, primarily from the disposal of a subsidiary and government subsidies[9]. - The company reported a significant increase in sales expenses, which rose by 373.64% to ¥12,281,810.00 due to the consolidation of a newly acquired subsidiary[16]. Share Repurchase and Stock Issuance - The company plans to repurchase shares worth 200 million RMB over six months starting February 7, 2018, to enhance investor confidence[19]. - The company terminated its non-public stock issuance plan to protect investor interests after careful consideration of various factors[20]. - The company did not engage in any repurchase transactions during the reporting period[12]. Subsidiary Transactions - The company sold 100% of its subsidiary Nanjing Haoningda Electric Co., Ltd. and 60% of its subsidiary Ruiba Technology (Shenzhen) Co., Ltd. for a total of 28.7 million RMB[19]. Commitments and Related Parties - There were no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[22].