扬子新材(002652) - 2017 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2017 was ¥535,627,889.39, representing a 53.42% increase compared to ¥349,134,713.81 in the same period last year[8] - Net profit attributable to shareholders was ¥29,961,203.68, a significant increase of 199.54% from ¥10,002,302.72 year-over-year[8] - The net profit after deducting non-recurring gains and losses was ¥27,043,151.91, up 172.34% from ¥9,930,092.56 in the previous year[8] - The basic earnings per share rose to ¥0.09, a 200.00% increase compared to ¥0.03 in the same period last year[8] - The net profit attributable to shareholders for the first half of 2017 is expected to increase by 100.00% to 150.00% year-on-year, driven by increased sales scale[18] - The net profit for the first half of 2017 is projected to be between 61.83 million and 77.28 million RMB, compared to 30.91 million RMB in the same period of 2016[18] Assets and Equity - The total assets at the end of the reporting period were ¥2,719,253,135.63, reflecting a 17.95% increase from ¥2,305,365,442.19 at the end of the previous year[8] - The net assets attributable to shareholders increased to ¥711,397,316.82, a 1.94% rise from ¥697,845,662.60 at the end of the previous year[8] Cash Flow - The net cash flow from operating activities was negative at -¥13,087,296.21, a decline of 138.78% compared to ¥33,743,715.12 in the same period last year[8] - As of March 31, 2017, cash and cash equivalents increased by 140.03% year-on-year, primarily due to increased sales and collections[1] - Q1 2017 net cash flow from operating activities decreased by 138.78% year-on-year, mainly due to increased payments for materials as a result of new production lines[13] Expenses - Q1 2017 management expenses surged by 146.51% year-on-year, mainly due to increased R&D expenses and management costs associated with new production lines in overseas subsidiaries[10] - Q1 2017 financial expenses rose by 309.08% year-on-year, primarily due to increased loan interest and foreign exchange losses from the appreciation of the ruble against the RMB[11] Inventory and Sales - As of March 31, 2017, inventory rose by 199.75% year-on-year, attributed to rising material prices and increased production lines in overseas subsidiaries[3] - For Q1 2017, operating revenue increased by 53.42% year-on-year, driven by overall sales growth[9] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,296[10] - The company received government subsidies amounting to ¥3,444,188.35 during the reporting period[9] Return on Equity - The weighted average return on equity was 4.25%, an increase of 2.60% from 1.65% in the previous year[8]