华东重机(002685) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥1,468,700,864.71, representing a 64.26% increase compared to ¥894,150,953.84 in the same period last year[8]. - Net profit attributable to shareholders reached ¥133,856,552.03, a significant increase of 2,331.13% from ¥5,505,944.82 year-on-year[8]. - Basic earnings per share rose to ¥0.1328, marking a 1,560.00% increase from ¥0.0080 in the same quarter last year[8]. - Total operating income rose by 46.06% year-on-year, reflecting the increase in operating revenue[16]. - Operating revenue increased by 64.26% year-on-year, primarily due to the growth in high-end CNC machine tools and stainless steel segments[16]. Cash Flow - The net cash flow from operating activities improved to ¥52,869,142.58, a 150.41% increase from a negative cash flow of ¥104,868,635.19 in the previous year[8]. - Operating cash flow net increased by 150.41% year-on-year, attributed to the growth in main business operations[16]. - Net cash flow from investing activities decreased by 166.86% year-on-year, due to payments related to the acquisition of 100% equity in Runxing Technology[17]. - Net cash flow from financing activities increased by 7338.66% year-on-year, influenced by an increase in short-term bank loans[17]. Assets and Shareholder Equity - Total assets at the end of the reporting period were ¥5,686,972,152.54, a decrease of 3.62% from ¥5,900,720,713.22 at the end of the previous year[8]. - The company's net assets attributable to shareholders increased by 3.09% to ¥4,480,562,116.71 from ¥4,346,119,783.88 at the end of the last year[8]. - The company's undistributed profits increased by 48.41% compared to the end of the previous year, driven by revenue growth[15]. Expenses - Tax and additional charges increased by 137.7% year-on-year, mainly due to fluctuations in value-added tax[16]. - Sales expenses rose by 77.23% year-on-year, driven by the growth in main business operations[16]. - Management expenses increased by 81.32% year-on-year, also influenced by the growth in main business operations[16]. - Financial expenses surged by 703.21% year-on-year, primarily due to foreign exchange losses and cash discount impacts[16]. Investments and Acquisitions - The company acquired 100% equity of Runxing Technology, impacting other payables due to the payment of the equity transfer amount[15]. - Investment income decreased by 42.63% year-on-year, affected by adjustments in long-term equity investments from joint ventures[16]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 39,665[11]. - The company reported a 41.52% increase in prepayments compared to the end of the previous year, attributed to growth in main business activities[15].