星网锐捷(002396) - 2018 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2018 was ¥1,306,083,218.24, representing a 64.03% increase compared to ¥796,251,383.89 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥7,195,084.22, an improvement of 62.35% from a loss of ¥19,108,431.90 in the previous year[8] - The basic earnings per share were -¥0.0123, which is a 65.25% improvement from -¥0.0354 in the same period last year[8] - The diluted earnings per share were also -¥0.0123, reflecting the same percentage improvement as the basic earnings per share[8] - The company expects net profit attributable to shareholders for the first half of 2018 to range between CNY 9,328.49 million and CNY 11,919.74 million, representing a growth of 80.00% to 130.00% compared to the same period in 2017[28] - The total comprehensive income attributable to the parent company's owners was -¥8,910,924.01, an improvement from -¥19,405,015.37 in the previous period[58] Cash Flow and Investments - The net cash flow from operating activities was -¥718,960,548.61, which is a 18.31% decline compared to -¥607,676,559.48 in the same period last year[8] - The company reported a net cash outflow from investing activities of CNY -503,874,350.24, an increase of 111.08% compared to the previous year, attributed to higher purchases of financial products[24] - Cash inflow from operating activities reached 1,713,730,209.42 CNY, up from 1,208,504,326.06 CNY year-over-year[68] - The net cash flow from investment activities was -503,874,350.24 CNY, worsening from -238,717,791.37 CNY year-over-year[70] - Cash outflow from investment activities totaled 926,176,234.97 CNY, compared to 742,502,075.54 CNY in the previous period[70] - The ending cash and cash equivalents balance was 327,236,225.56 CNY, down from 1,036,999,338.01 CNY in the previous period[70] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,777,480,579.99, down 10.29% from ¥6,439,912,654.33 at the end of the previous year[8] - The net assets attributable to shareholders were ¥3,192,829,843.53, a slight decrease of 0.26% from ¥3,201,224,709.86 at the end of the previous year[8] - Total liabilities decreased from 2,690,476,304.19 to 2,052,015,682.61, a decline of about 23.7%[41] - The company's total liabilities amounted to ¥658,517,826.04, up from ¥500,538,684.44, marking an increase of approximately 31.5%[51] - Current liabilities decreased from 2,652,384,431.27 to 2,014,427,892.69, a reduction of about 24.0%[41] - Total equity decreased slightly to ¥3,344,077,166.17 from ¥3,356,120,580.77, a decline of about 0.5%[51] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,641[12] - The largest shareholder, Fujian Electronic Information Group Co., Ltd., held 26.88% of the shares, totaling 156,781,950 shares[12] Operational Performance - Operating revenue increased by 64.03% from CNY 796,251,383.89 to CNY 1,306,083,218.24, driven by expanded sales activities of subsidiaries[24] - Operating costs rose by 92.50% from CNY 519,176,701.48 to CNY 999,405,051.18, reflecting the increased scale of business operations[24] - The company plans to continue expanding its main product sales, contributing to steady revenue growth in the upcoming periods[28] Other Financial Metrics - The company received government subsidies amounting to ¥34,562,070.00 during the reporting period[8] - Other current assets increased significantly by 522.36% from CNY 111,366,714.55 to CNY 693,104,210.66 due to the purchase of wealth management products[22] - Deferred tax assets increased by 31.14% from CNY 69,405,854.85 to CNY 91,021,315.15 due to an increase in unabsorbed losses[22] - The company recorded other income of ¥88,715,518.60, contributing positively to the overall financial performance[54] Employee Compensation - The company’s employee compensation payable decreased by 68.59% from CNY 477,879,174.67 to CNY 150,106,569.05 due to the distribution of last year's accrued performance bonuses[22] - The company reported a significant decrease in employee compensation payable from 477,879,174.67 to 150,106,569.05, a reduction of approximately 68.6%[41] Inventory and Receivables - Accounts receivable decreased by 69.58% from CNY 228,589,765.97 to CNY 69,547,740.90 as a result of collections and endorsements to suppliers[22] - The company’s inventory remained relatively stable, decreasing slightly from 79,965,704.26 to 79,490,463.36, a decrease of about 0.6%[45] - Accounts receivable increased from 415,290,443.91 to 497,337,324.84, an increase of approximately 19.7%[45] Audit and Reliability - The first quarter report was not audited, which may affect the reliability of the financial data presented[77]