*ST太安(002433) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥680,230,130.20, a decrease of 11.00% compared to ¥764,315,936.87 in the same period last year[9] - Net profit attributable to shareholders was ¥55,670,207.32, representing an increase of 10.54% from ¥50,364,158.23 year-on-year[9] - The net profit attributable to shareholders for the first half of 2018 is expected to be between 124.96 million and 141.99 million RMB, representing a growth of 10.00% to 25.00% compared to the same period in 2017[25] - The net profit for the first half of 2017 was 113.60 million RMB, indicating a stable growth in the company's main business operations in 2018[25] Cash Flow - The net cash flow from operating activities was -¥43,663,536.10, a decline of 166.61% compared to ¥65,555,610.57 in the previous year[9] - Net cash flow from operating activities decreased by 109,219,146.67 CNY, a decline of 166.61% compared to the same period in 2017, mainly due to increased operating taxes and inventory reserves[18] - Cash flow from investment activities decreased by 1,630,679.00 CNY, a drop of 100.00% year-on-year, due to reduced cash inflows from non-similar control enterprise mergers[19] - Cash outflow from investment activities decreased by 310,218,034.57 CNY, a decline of 81.45% compared to the same period in 2017, mainly due to reduced external investments[20] - Cash flow from financing activities increased by 148,963,065.97 CNY, a growth of 82.05%, primarily due to the repayment of bank loans[21] - Net increase in cash and cash equivalents rose by 108,871,902.84 CNY, an increase of 86.76%, mainly due to reduced external investments and self-built project inputs[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,357,309,600.63, an increase of 2.48% from ¥8,154,975,548.63 at the end of the previous year[9] - The company's net assets attributable to shareholders increased by 1.08% to ¥4,965,933,434.38 from ¥4,912,865,201.71[9] - Prepayments increased by 47.71% to ¥31,379,775.01 compared to the end of the previous year, mainly due to increased property pre-sale payments received by a subsidiary[16] - Other current assets decreased by 64.59% to ¥30,882,715.35, primarily due to a reduction in deductible taxes[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 53,609[12] - The largest shareholder, Taian Group Co., Ltd., held 32.72% of the shares, amounting to 251,589,701 shares[12] Expenses and Taxation - Operating expenses increased by 519,753.97 CNY, a growth of 389.25% compared to the same period in 2017, mainly due to donations made during the reporting period[17] - Income tax expenses rose by 8,687,504.96 CNY, an increase of 106.62% year-on-year, primarily due to an increase in taxable profits[17] - Tax and other non-circulation taxes paid increased by 13,938,185.82 CNY, a rise of 32.36%, mainly due to increased turnover taxes[18] Asset Impairment - The company reported a 111.94% increase in asset impairment losses, amounting to an increase of ¥2,990,246.42, attributed to changes in the aging of accounts receivable[16] Comprehensive Income - Other comprehensive income after tax attributable to the parent company decreased by 2,299,824.64 CNY, a decline of 761.15%, mainly due to foreign currency translation differences from overseas subsidiaries[17] - The total comprehensive income attributable to minority shareholders increased by 836,947.08 CNY, a growth of 51.95%, primarily due to increased profits from Guangdong Kang Aido[18]