GWYD(SH:600517)2017-04-27 16:00Financial Performance - Operating revenue for the period was CNY 1,139,494,557.08, a decrease of 14.27% year-on-year[8] - Net profit attributable to shareholders was CNY 41,995,388.30, down 45.55% from the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 8,574,816.54, a decrease of 87.14% year-on-year[8] - The weighted average return on equity decreased by 1.2 percentage points to 1.19%[8] - The company's net profit for the period is expected to show significant changes compared to the same period last year, but no specific figures were provided[17] - Net profit for Q1 2017 was CNY 50,954,272.47, a decline of 36.3% from CNY 79,786,220.14 in Q1 2016[29] - The net profit attributable to shareholders of the parent company was CNY 41,995,388.30, down 45.4% from CNY 77,121,822.73 in the previous year[30] - Basic and diluted earnings per share for Q1 2017 were both CNY 0.03, compared to CNY 0.06 in Q1 2016[30] Cash Flow - Cash flow from operating activities was a negative CNY 479,403,442.85, compared to a negative CNY 586,320,706.66 in the same period last year[8] - The cash flow from operating activities showed a net outflow of CNY 479,403,442.85, an improvement from the outflow of CNY 586,320,706.66 in the previous year[34] - The cash flow from financing activities resulted in a net outflow of CNY 155,607,040.72, contrasting with a net inflow of CNY 194,283,837.40 in Q1 2016[34] - The net cash flow from operating activities was -446,385,507.79, a significant decrease compared to -7,442,373.92 in the previous year, indicating a decline in operational efficiency[37] - The net cash flow from financing activities was -205,442,412.50, compared to a positive cash flow of 102,453,837.50 in the previous year, highlighting increased debt repayment[37] - Cash inflow from operating activities was -266,579,299.24, a stark contrast to the previous year's inflow of 35,121,854.30, showing a negative trend in cash generation[37] - The company received 190,000,000.00 in cash from investment recoveries, marking a substantial increase compared to the previous year[37] Assets and Liabilities - Total assets decreased by 3.05% to CNY 8,685,960,291.19 compared to the end of the previous year[8] - The balance of cash and cash equivalents decreased by 32.61% to CNY 1,191,312,586.36 compared to the beginning of the period[13] - Total current assets decreased to CNY 1,105,498,743.13 from CNY 1,771,793,916.53 at the beginning of the year, a reduction of 37.5%[25] - Total liabilities decreased to CNY 1,210,671,694.41 from CNY 1,872,908,190.80, a decline of 35.3%[26] - The company's total assets at the end of the reporting period were ¥8,685,960,291.19, a decrease from ¥8,959,345,510.59 at the beginning of the period[21] - The company's total liabilities at the end of the reporting period were ¥4,916,892,628.37, a decrease from ¥5,237,401,034.88 at the beginning of the period[22] Operational Costs - Total operating costs for Q1 2017 were CNY 1,126,507,031.23, down 9.3% from CNY 1,241,704,799.18 year-on-year[28] - The total operating expenses for Q1 2017 were CNY 18,679,188.83, a decrease from CNY 53,236,896.44 in Q1 2016[31] - The company experienced a decrease in sales expenses, which amounted to CNY 5,101,232.95, down from CNY 5,343,487.80 in the previous year[31] Investments - The company's net cash flow from investing activities increased by ¥87,941,616.30 compared to the same period last year, mainly due to compensation received for the relocation of the old factory and land[16] - The total cash inflow from investment activities was CNY 74,382,141.00, compared to CNY 294.13 in the same period last year, indicating a significant increase in investment recovery[34] - The cash flow from investment activities showed a net inflow of 191,229,949.50, a notable increase from 43,628,474.53 in the previous year[37] Shareholder Information - The number of shareholders at the end of the reporting period was 57,583[11]