普天科技(002544) - 2018 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2018 was CNY 979,078,631.46, representing a 3.02% increase compared to CNY 950,400,590.38 in the same period last year[8] - Net profit attributable to shareholders was CNY 33,123,499.60, up 2.91% from CNY 32,185,506.00 year-on-year[8] - Basic earnings per share were CNY 0.0579, an increase of 2.84% from CNY 0.0563[8] - The company reported a net profit margin improvement, with net profit for the period expected to be higher than the previous year, although specific figures were not disclosed[43] - The net profit for Q1 2018 was CNY 34,199,307.61, representing a 7.3% increase from CNY 31,882,889.05 in Q1 2017[44] - The total profit for Q1 2018 was CNY 38,051,522.52, up from CNY 32,421,166.55 in the previous year, marking a growth of 17.5%[44] Cash Flow and Liquidity - The net cash flow from operating activities was -CNY 618,617,932.88, worsening by 29.41% from -CNY 478,027,662.37 in the same period last year[8] - Cash and cash equivalents decreased by 38.76% compared to the beginning of the period, primarily due to increased payments for public and dedicated network business projects[16] - The company's cash and cash equivalents decreased to CNY 550,498,239.54 from CNY 921,003,193.08, a decline of approximately 40.2%[39] - The ending balance of cash and cash equivalents was 707,161,666.88 CNY, compared to 687,262,830.20 CNY, showing a slight increase of about 2.6%[52] - Total cash inflow from operating activities was 1,159,110,791.67 CNY, up from 988,787,386.93 CNY, representing an increase of about 17.3%[51] - Cash outflow from operating activities totaled 1,777,728,724.55 CNY, compared to 1,466,815,049.30 CNY, marking an increase of approximately 21.2%[51] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,366,977,630.23, a 0.60% increase from CNY 6,328,837,587.78 at the end of the previous year[8] - Total liabilities increased to CNY 4,150,206,594.56 from CNY 4,142,487,262.52, showing a slight increase of about 0.2%[36] - The total equity attributable to shareholders of the parent company was CNY 2,144,151,687.54, up from CNY 2,114,588,088.64, reflecting an increase of approximately 1.4%[38] Operating Performance - Total operating revenue for Q1 2018 was CNY 979,078,631.46, an increase from CNY 950,400,590.38 in the same period last year, representing a growth of approximately 3.1%[43] - Total operating costs for Q1 2018 amounted to CNY 948,034,483.45, compared to CNY 920,801,920.58 in the previous year, indicating an increase of about 3.1%[43] - The company's operating revenue for Q1 2018 was CNY 559,541,829.14, an increase of 8.5% compared to CNY 515,571,094.16 in the same period last year[47] - The gross profit margin improved to 10.4% in Q1 2018 from 9.4% in Q1 2017, indicating better cost management[44] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,777[12] - The largest shareholder, Guangzhou Communication Research Institute, holds 31.13% of the shares[12] Non-Recurring Items and Other Income - Net profit excluding non-recurring items was CNY 28,498,697.42, a decrease of 7.33% compared to CNY 30,752,863.80 in the previous year[8] - The company reported non-recurring gains of CNY 4,624,802.18, after accounting for tax effects[10] - Operating income decreased by 89.16% year-on-year, mainly due to the reclassification of government subsidies to "other income" as per the revised accounting standards[18] Taxation - Tax expenses increased by 615.66% year-on-year, with an increase amount of 3.31 million yuan, primarily due to unrecognized tax expenses from the previous year[20] - Cash received from tax refunds increased by 53.23% year-on-year, with an increase amount of 385,800 yuan, mainly due to increased software enterprise tax refunds[21] - Cash paid for various taxes increased by 45.49% compared to the same period last year, primarily due to the payment of last year's December VAT[21] Investment and Financing Activities - The net cash flow from investing activities was -14,046,143.58 CNY, an improvement from -29,046,065.33 CNY year-over-year[52] - Cash inflow from financing activities was 377,835,498.82 CNY, compared to 291,428,819.01 CNY, reflecting an increase of about 29.6%[52] - The company’s cash flow from financing activities included 347,498,413.88 CNY in borrowed funds, up from 289,898,600.96 CNY, indicating an increase of approximately 20%[56] Share Repurchase - The company plans to repurchase and cancel shares related to significant asset restructuring at a price of 1 yuan per share, totaling 341,831 shares from one entity and 146,497 shares from another[23]