新北洋(002376) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥535,554,699.88, representing a 49.31% increase compared to ¥358,691,072.80 in the same period last year[7] - The net profit attributable to shareholders for Q1 2018 was ¥77,624,861.55, up 22.76% from ¥63,231,426.14 in the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥76,676,889.67, reflecting a 24.16% increase from ¥61,757,422.63 year-on-year[7] - The basic earnings per share for Q1 2018 was ¥0.12, a 20.00% increase from ¥0.10 in the same period last year[7] - The company reported a net cash flow from operating activities of -¥15,552,582.19, a decrease of 123.30% compared to ¥66,758,739.30 in the same period last year[7] - The net profit attributable to shareholders for the first half of 2018 is expected to increase by 10.00% to 50.00%, ranging from CNY 147.65 million to CNY 201.33 million[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,602,426,406.95, an increase of 13.51% from ¥4,054,596,544.18 at the end of the previous year[7] - The net assets attributable to shareholders at the end of the reporting period were ¥3,054,132,258.52, up 18.55% from ¥2,576,276,580.52 at the end of the previous year[7] - The total liabilities increased to CNY 794,707,004.51 from CNY 765,388,137.89, marking a rise of 3.9%[31] - The equity attributable to shareholders of the parent company rose to CNY 2,585,815,528.00, up from CNY 2,192,750,309.06, indicating a growth of 17.9%[31] Cash Flow - Cash and cash equivalents increased by 53.96% compared to the beginning of the period, mainly due to the funds from the non-public offering of shares received during the period[15] - The company reported an investment income of CNY 12,744,197.43, which is a 61.5% increase from CNY 7,907,651.48 in the previous year[34] - The cash flow from operating activities showed a net outflow of CNY 15,552,582.19, a significant decline from a net inflow of CNY 66,758,739.30 in Q1 2017[41] - The company reported investment cash inflows of CNY 350,918,253.91, compared to CNY 101,496,224.55 in the previous year, marking a substantial increase[41] - The net cash flow from operating activities was -40,816,278.80 CNY, a decrease from 73,345,716.07 CNY in the previous period[45] - The total cash inflow from investment activities was 327,385,121.31 CNY, compared to 75,242,569.76 CNY in the prior period[45] - The net cash flow from financing activities was 483,269,610.01 CNY, significantly higher than 34,508,562.07 CNY in the previous period[46] - The company reported a net increase in cash and cash equivalents of 407,063,372.99 CNY, compared to 93,199,900.76 CNY in the prior period[46] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,625[10] - The largest shareholder, Weihai Beiyang Electric Group Co., Ltd., held 14.69% of the shares, amounting to 92,738,540 shares[10] - The company completed a non-public offering of 34,222,312 shares on March 26, 2018, increasing the total share capital from 631,490,090 shares to 665,712,402 shares[14] Operating Costs and Expenses - Operating costs increased by 62.31% year-on-year, attributed to increased sales revenue and product structure adjustments[15] - The total operating expenses for Q1 2018 were CNY 132,490,122.67, which included CNY 98,655,648.19 in operating costs and CNY 56,683,544.37 in management expenses[37] - The financial expenses increased to CNY 12,142,008.47 from CNY 5,847,537.27 in the previous year, reflecting a rise of 107.8%[37] Inventory and Investments - The inventory level at the end of Q1 2018 was CNY 162,020,449.81, up from CNY 151,570,818.01, reflecting a 6.5% increase[29] - The company’s long-term equity investments stood at CNY 1,042,198,760.39, an increase from CNY 1,003,950,477.00, showing a growth of 3.8%[30] - Development expenditures increased by 196.99% compared to the beginning of the period, mainly due to an increase in capitalized R&D projects[15] - Other non-current assets increased by 117.04% compared to the beginning of the period, mainly due to increased advance payments for imported equipment[15]