CDLQ(SZ:002628)2018-04-25 16:00Financial Performance - The company's operating revenue for Q1 2018 was CNY 356,588,566.87, representing a 49.78% increase compared to CNY 238,082,094.43 in the same period last year[9] - Net profit attributable to shareholders decreased by 11.29% to CNY 6,475,261.86 from CNY 7,299,039.90 year-on-year[9] - The net profit after deducting non-recurring gains and losses increased by 39.27% to CNY 6,134,356.17, up from CNY 4,404,804.39 in the previous year[9] - The net cash flow from operating activities was CNY 20,515,979.44, down 9.00% from CNY 22,544,472.22 in the same period last year[9] - Operating revenue increased by 49.78% to approximately ¥356.59 million, driven by higher project construction output[17] - Net profit attributable to shareholders for the first half of 2018 is expected to range from ¥10.21 million to ¥17.50 million, reflecting a decrease of 30.00% to an increase of 20.00% compared to the same period in 2017[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,204,366,141.72, a decrease of 7.07% from CNY 5,600,198,221.77 at the end of the previous year[9] - Accounts receivable decreased by 38.25% to approximately ¥493.44 million due to the collection of receivables from previous BT projects[17] - Prepayments increased by 50.55% to approximately ¥41.93 million, attributed to advance payments made to ensure production[17] - Operating costs rose by 63.29% to approximately ¥341.66 million, indicating a decline in gross margin[17] Shareholder Information - The company reported a total of 27,411 common shareholders at the end of the reporting period[13] - The top shareholder, Li Qin, held 20.06% of the shares, amounting to 147,892,013 shares[13] - The company’s actual controller will change to Liu Zhihong after the transfer of shares, with Hongyi Jiahua becoming the controlling shareholder holding 29.70% of the total shares[18] Non-Recurring Items - Non-recurring gains and losses totaled CNY 340,905.69 for the reporting period[10] - Other income decreased by 99.19% to approximately ¥19.68 thousand, as the previous period included a high base from demolition compensation received[17] Compliance and Governance - The company did not engage in any repurchase transactions during the reporting period[14] - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[21] - There are no violations regarding external guarantees during the reporting period[23] - The weighted average return on equity was 0.24%, slightly down from 0.27% in the previous year[9] - The company reported a significant reduction in employee compensation payable by 89.32% to approximately ¥1.68 million, due to the payment of bonuses accrued at the end of 2017[17]