毅昌科技(002420) - 2018 Q1 - 季度财报

Revenue and Profit - The company's revenue for Q1 2018 was CNY 1,346,620,624.81, representing a slight increase of 0.21% compared to CNY 1,343,760,620.51 in the same period last year[8]. - Net profit attributable to shareholders was CNY 1,671,118.60, a significant turnaround from a loss of CNY 26,328,641.56, marking an increase of 106.35%[8]. - Basic and diluted earnings per share improved to CNY 0.0042 from a loss of CNY 0.0657, reflecting a 106.35% increase[8]. - Operating profit increased by 121.82% compared to the same period last year, mainly due to an increase in gross profit[15]. - Total profit increased by 138.01% compared to the same period last year, due to changes in operating profit and other income and expenses[15]. - Income tax expenses increased by 80.77% compared to the same period last year, mainly due to an increase in total profit[15]. Cash Flow and Assets - The net cash flow from operating activities decreased by 30.30% to CNY 188,326,283.77 from CNY 270,187,962.99 year-on-year[8]. - Cash flow from operating activities decreased by 30.30% compared to the same period last year, mainly due to a decrease in cash received related to operating activities[15]. - Investment cash flow decreased by 149.38% compared to the same period last year, primarily due to an increase in land payments[15]. - Total assets at the end of the reporting period were CNY 3,817,269,263.26, down 7.48% from CNY 4,125,822,404.75 at the end of the previous year[8]. - The net assets attributable to shareholders increased slightly by 0.11% to CNY 1,183,088,730.11 from CNY 1,181,774,456.51[8]. Shareholder Information - The company had a total of 26,510 common shareholders at the end of the reporting period[11]. - The largest shareholder, Gaojin Technology Industry Group Co., Ltd., held 25.98% of the shares, amounting to 104,198,900 shares[11]. - There were no significant changes in the shareholding structure or any repurchase agreements among the top shareholders during the reporting period[12]. Receivables and Prepayments - Accounts receivable increased by 95.77% compared to the beginning of the year, mainly due to an increase in received notes[15]. - Prepayments increased by 45.75% compared to the beginning of the year, primarily due to an increase in prepaid payments[15]. - Other receivables increased by 94.58% compared to the beginning of the year, mainly due to an increase in land transfer payments[15]. - Construction in progress increased by 62.06% compared to the beginning of the year, primarily due to an increase in installed equipment[15]. Non-recurring Gains and Losses - Non-recurring gains and losses totaled CNY 4,688,475.67, with government subsidies contributing CNY 4,246,985.42[9].