n.n.store(SH:600712)2019-06-13 16:00Financial Performance - Operating revenue for the period was CNY 580,516,746.02, representing a year-on-year increase of 10.20%[6] - Net profit attributable to shareholders was a loss of CNY 123,595.99, an improvement of 31.62% compared to the previous year[6] - Operating profit increased by 253.56% to ¥992,765.91 compared to the previous year[15] - Net profit attributable to shareholders improved by 31.62% to -¥123,595.99 from -¥180,758.02 year-on-year[15] - Basic and diluted earnings per share improved to -CNY 0.0002, a 33.33% increase from the previous year[6] - Basic and diluted earnings per share improved by 33.33% to -¥0.0002 from -¥0.0003 year-on-year[15] - The total profit for Q1 2018 was 8,558,775.21, a decrease from 8,739,149.88 in the previous year, representing a decline of approximately 2.07%[36] - The net profit for Q1 2018 was 7,274,958.93, down from 7,428,277.40 in the same period last year, indicating a decrease of about 2.06%[36] Cash Flow - Cash flow from operating activities improved significantly, with a net cash outflow of CNY 17,543,939.53, a 93.16% increase compared to the previous year[6] - Cash flow from operating activities showed a significant improvement, with a net cash flow of -¥17,543,939.53, up 93.16% from -¥256,648,280.40[18] - Operating cash inflow for Q1 2018 was 717,333,727.78, compared to 636,349,649.08 in the previous year, reflecting an increase of approximately 12.83%[39] - The net cash flow from operating activities was -17,543,939.53, an improvement from -256,648,280.40 in the previous year, showing a significant reduction in losses[39] - Cash inflow from financing activities was 147,764,179.19, down from 226,917,173.06 in the previous year, representing a decline of approximately 34.77%[40] - The net cash flow from investing activities was 3,398,285.90, a turnaround from -5,721,434.09 in the previous year, indicating a positive shift in investment cash flow[39] - The company reported a cash outflow of 3,464,525.11 from cash and cash equivalents, an improvement from -151,964,589.67 in the previous year, indicating better cash management[40] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,234,706,628.85, a decrease of 0.14% compared to the end of the previous year[6] - Total assets as of March 31, 2018, were ¥2,234,706,628.85, slightly down from ¥2,237,802,076.34 at the beginning of the year[24] - Current assets totaled ¥740,368,163.36, an increase from ¥724,765,001.02 at the beginning of the year[23] - Total liabilities for Q1 2018 were CNY 1,083,113,617.35, compared to CNY 1,101,479,986.36 in the previous year, indicating a decrease of 1.7%[29] - The total equity for Q1 2018 was CNY 1,241,991,564.88, an increase from CNY 1,234,716,605.95 year-over-year[29] Shareholder Information - The total number of shareholders at the end of the reporting period was 24,310[10] - The largest shareholder, Nanning Peining Asset Management Co., Ltd., held 18.24% of the shares[10] Expenses - Sales expenses increased by 38.75% to CNY 29,787,572.84 compared to the previous period[14] - Total operating costs for Q1 2018 were CNY 579,573,957.14, up from CNY 526,528,703.59, reflecting a rise of 10.1%[31] - Total operating expenses for Q1 2018 were 734,877,667.31, down from 892,997,929.48 in the previous year, reflecting a decrease of approximately 17.73%[39] Inventory and Borrowings - Inventory increased to ¥169,182,572.13 from ¥161,058,925.41 year-on-year[23] - The company reported a decrease in short-term borrowings, remaining at ¥300,000,000.00, unchanged from the previous period[24] Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters[30]