闽发铝业(002578) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥238,277,859.44, representing a 9.51% increase compared to ¥217,581,988.05 in the same period last year[8] - Net profit attributable to shareholders decreased by 40.22% to ¥4,029,789.37 from ¥6,740,984.90 year-on-year[8] - The net profit after deducting non-recurring gains and losses fell by 48.09% to ¥2,908,683.51 compared to ¥5,603,633.62 in the previous year[8] - Basic and diluted earnings per share decreased by 39.71% to ¥0.0041 from ¥0.0068 year-on-year[8] - Net profit decreased by 41.90% to ¥3,902,423.10, primarily due to falling aluminum prices and losses from aluminum hedging[16] - Total profit fell by 46.73% to ¥4,263,671.99, attributed to decreased aluminum prices and increased exchange losses[16] - The company expects net profit for the first half of 2018 to range from ¥1,099.14 million to ¥1,487.08 million, a decrease of 15% to 15% compared to the same period in 2017[21] Cash Flow and Assets - The net cash flow from operating activities was ¥39,999,077.74, down 23.39% from ¥52,211,162.29 in the same period last year[8] - Total assets at the end of the reporting period were ¥1,692,482,187.14, a decrease of 0.45% from ¥1,700,103,821.50 at the end of the previous year[8] - Net assets attributable to shareholders increased by 0.37% to ¥1,488,818,241.90 from ¥1,483,381,192.53 at the end of the previous year[8] - Cash inflow from investment activities increased by 306.34% to ¥38,411,002.74, driven by the recovery of matured financial products[16] - Cash outflow from investment activities rose by 185.87% to ¥48,217,837.80, mainly due to increased purchases of fixed assets and bank financial products[16] - The company received cash from investments amounting to ¥980,000.00, reflecting a 100% increase from prior periods[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,298[12] Non-Recurring Gains and Losses - The company reported non-recurring gains of ¥1,121,105.86, primarily from government subsidies and investment income[9] Financial Expenses - Financial expenses surged by 12,853.53% to ¥2,099,808.69, mainly due to increased foreign exchange gains and losses[16] Corporate Actions - The company terminated its major asset restructuring plan due to failure to reach agreement on key terms[18] - The company added a new subsidiary, Fujian Minfa Zhilv Technology Co., Ltd., to its consolidated financial statements[18] Accounts Receivable - Accounts receivable increased by 117.37% to ¥39,126,869.13 due to some customers adopting bill settlement methods[16] Return on Equity - The weighted average return on equity was 0.27%, down from 0.46% in the previous year[8]