中矿资源(002738) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was CNY 108,719,971.87, representing a 45.17% increase compared to CNY 74,892,216.10 in the same period last year[8] - The net profit attributable to shareholders for Q1 2018 was CNY 670,363.24, a 73.14% increase from CNY 387,172.49 in the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 512,862.68, up 61.03% from CNY 318,496.47 year-on-year[8] - The basic earnings per share for Q1 2018 was CNY 0.0035, a 75.00% increase compared to CNY 0.0020 in the same period last year[8] - The company reported a net cash flow from operating activities of CNY -13,620,405.34, an improvement of 23.30% from CNY -17,757,155.30 in the previous year[8] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 1,088,897,347.58, an increase of 8.03% from CNY 1,007,942,800.19 at the end of the previous year[8] - The accounts receivable increased by 385.02% to CNY 6,853,963.30 due to an increase in bank acceptance bills received[15] - The company’s long-term borrowings increased by 411.76% to CNY 87,000,000.00, reflecting an increase in bank loans[15] - The company’s financial expenses rose by 404.35% to CNY 15,001,100.35, primarily due to increased interest expenses and exchange losses from the appreciation of the RMB[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,996, with the largest shareholder holding 31.57% of the shares[11] Contracts and Acquisitions - The company signed a contract with the Zambian Ministry of Health for a project worth $220 million, with a duration of 36 months[16] - A contract was signed with the Zambian Ministry of Defense for a project valued at$247 million, also with a duration of 36 months[16] - The company is in the process of acquiring 100% mining rights for the Plati copper mine in Albania, with the acquisition contract signed on February 23, 2017[17] - The company invested AUD 10 million to acquire shares in Prospect Resources Limited, gaining rights to 28,000 tons of lithium concentrate and 784,000 tons of spodumene concentrate[17] - A purchase agreement was signed for the acquisition of 100% equity in three BVI companies and 95% equity in Sase Mining Sarl in the Democratic Republic of Congo, with a base consideration of $250 million[18] - The company plans to acquire 100$243 million, with a duration of 36 months[20] Future Expectations - The company expects a net profit attributable to shareholders for the first half of 2018 to be between CNY 15.13 million and CNY 22.69 million, reflecting a change of -20% to 20% compared to the same period in 2017[24]