远东传动(002406) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥365,843,872.26, representing a 21.98% increase compared to ¥299,913,194.89 in the same period last year[8] - Net profit attributable to shareholders was ¥45,314,130.61, up 34.63% from ¥33,659,292.68 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥42,334,696.27, reflecting a 24.86% increase from ¥33,907,021.13 in the previous year[8] - Basic earnings per share increased to ¥0.08, up 33.33% from ¥0.06 in the previous year[8] - Net profit attributable to the parent company increased by 34.62% year-on-year, primarily due to revenue growth during the reporting period[16] - The expected net profit attributable to shareholders for the first half of 2018 is projected to be between 91.21 million and 112.93 million RMB, representing a year-on-year growth of 5.00% to 30.00%[22] Cash Flow and Assets - The net cash flow from operating activities was ¥19,443,777.36, which is a 10.89% increase compared to ¥17,533,725.47 in the same period last year[8] - Total assets at the end of the reporting period were ¥2,772,160,390.32, a 1.70% increase from ¥2,725,773,172.20 at the end of the previous year[8] - Net assets attributable to shareholders increased to ¥2,392,465,852.10, up 1.93% from ¥2,347,151,721.49 at the end of the previous year[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,221[12] Non-Recurring Items - The company reported non-recurring gains of ¥2,979,434.34 during the reporting period[9] Changes in Liabilities and Expenses - Prepayments increased by 41.53% compared to the beginning of the period, mainly due to an increase in advance payments for materials[16] - Other current assets decreased by 57.6% compared to the beginning of the period, primarily due to the certification of certain input VAT[16] - Employee compensation payable decreased by 40.01% compared to the beginning of the period, mainly due to the payment of last year's accrued wages[16] - Financial expenses increased by 217.08% year-on-year, primarily due to increased exchange losses[16] - Asset impairment losses increased by 5833.79% year-on-year, mainly due to an increase in bad debt provisions[16] Return on Equity - The weighted average return on equity was 1.91%, an increase of 0.42% compared to 1.49% in the previous year[8]