ST万林(603117) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the period was ¥191,946,792.17, representing a significant increase of 97.03% year-on-year[7] - Net profit attributable to shareholders was ¥29,811,725.24, up 52.04% from the same period last year[7] - The company reported a net profit attributable to shareholders after deducting non-recurring gains and losses of ¥30,015,561.40, an increase of 77.76% year-on-year[7] - The company's operating revenue increased by 97.03% to RMB 191,946,792.17 compared to RMB 97,418,808.31 in the previous year, primarily due to the new African timber project[16] - Operating costs rose by 105.22% to RMB 85,226,796.89 from RMB 41,530,287.14, also attributed to the new African timber project[16] - The net profit attributable to shareholders increased by 52.04% to RMB 29,811,725.24 from RMB 19,608,140.82, driven by the new African timber project[16] - The total profit for the current period was ¥45,074,067.39, compared to ¥27,072,504.12 in the previous period, indicating an increase of approximately 66.7%[31] - The comprehensive income total for the current period was ¥34,573,323.07, compared to ¥19,507,828.22 in the previous period, reflecting an increase of approximately 77.4%[32] Earnings and Shareholder Information - Basic earnings per share rose to ¥0.07, reflecting a 75% increase compared to the previous year[7] - The total number of shareholders at the end of the reporting period was 28,680[12] - The largest shareholder, Shanghai Huirui Industrial Co., Ltd., held 22.17% of the shares, with 102,512,536 shares pledged[12] - The basic earnings per share increased by 75% to RMB 0.07 from RMB 0.04, reflecting the overall profit growth driven by the new project[16] Cash Flow and Financial Position - The net cash flow from operating activities was negative at -¥139,325,058.11, compared to -¥13,436,100.86 in the same period last year[7] - The company reported a net cash flow from operating activities of RMB -139,325,058.11, reflecting a significant decline due to increased service provisions to state-owned enterprises[16] - Cash flow from operating activities was ¥269,833,344.55, significantly higher than ¥101,768,902.72 in the previous period[37] - Net cash flow from operating activities was negative at CNY -139,325,058.11, compared to CNY -13,436,100.86 in the prior period, indicating a decline in operational efficiency[38] - The ending cash and cash equivalents balance was CNY 337,594,104.76, down from CNY 602,001,592.79, indicating a decrease of about 44.0%[39] Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,254,535,505.92, an increase of 0.98% compared to the end of the previous year[7] - Current assets totaled CNY 3,362,142,527.32, up from CNY 3,312,434,277.09, indicating an increase of about 1.50%[22] - Non-current assets amounted to CNY 1,892,392,978.60, slightly rising from CNY 1,891,326,825.75, a change of approximately 0.06%[22] - Total liabilities reached CNY 2,759,406,899.37, compared to CNY 2,747,203,816.90, marking an increase of around 0.45%[23] - Current liabilities were CNY 2,507,022,020.29, showing a marginal increase from CNY 2,501,903,938.24, which is about 0.20%[23] - Owner's equity rose to CNY 2,495,128,606.55 from CNY 2,456,557,285.94, reflecting an increase of approximately 1.57%[24] Operational Changes and Future Plans - The company has not disclosed any new product developments or market expansion strategies in this report[4] - The company plans to repurchase shares with a budget of up to RMB 100 million, which will be used for future equity incentive plans[17] Expense Management - The company incurred management expenses of ¥34,701,219.31, which is an increase from ¥15,837,301.95 in the previous period, representing a growth of about 119.0%[31] - The financial expenses decreased by 53.59% to RMB 5,640,285.21 from RMB 12,153,320.12, attributed to exchange rate fluctuations[16] - The company experienced a 41.76% decrease in employee compensation payable, down to RMB 12,432,240.65 from RMB 21,344,916.91, due to annual bonus payments made during the period[15]