燕塘乳业(002732) - 2018 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2018 was CNY 258,553,561.85, representing a 9.14% increase compared to CNY 236,910,392.09 in the same period last year[8] - Net profit attributable to shareholders decreased by 21.02% to CNY 9,505,600.87 from CNY 12,036,028.47 year-on-year[8] - Basic and diluted earnings per share both decreased by 25.00% to CNY 0.06 from CNY 0.08 in the same period last year[8] - The company expects net profit attributable to shareholders for the first half of 2018 to range from 36.13 million to 66.23 million yuan, reflecting a year-on-year change of -40.00% to 10.00%[23] Cash Flow - The net cash flow from operating activities was negative CNY 22,704,538.80, a significant decline of 2,917.60% compared to CNY 805,812.13 in the previous year[8] - Net cash flow from operating activities decreased by 23.51 million yuan, mainly due to increased procurement and employee compensation expenses[18] - Cash received from investments decreased by 25 million yuan, as there were no related transactions during the reporting period[18] Assets and Liabilities - Total assets increased by 1.53% to CNY 1,355,613,344.95 compared to CNY 1,335,249,637.28 at the end of the previous year[8] - Accounts receivable grew by 45.35% compared to the end of the previous year, primarily due to seasonal sales fluctuations[15] - Interest receivable increased by 192.92%, reflecting an increase in interest from fixed deposits[15] - Long-term prepaid expenses rose by 222.69%, mainly due to increased decoration project costs[15] - Other non-current assets increased by 134.65%, attributed to prepayments for equipment and project costs related to the construction of the engineering center and a new dairy farm[15] - Short-term borrowings increased by 18.3 million yuan, primarily due to an increase in working capital loans during the reporting period[16] - Prepayments grew by 46.09% compared to the end of the previous year, mainly due to an increase in advance payments received[16] - The increase in long-term borrowings and short-term borrowings was 60.60% during the reporting period, primarily for the construction of the new dairy farm project[19] Expenses - Management expenses rose by 33.71% year-on-year, mainly due to depreciation from new office buildings and related facilities at the Yanlong new factory project[17] - Financial expenses increased by 1.0367 million yuan, primarily due to interest from long-term borrowings for the Yanlong new factory project[17] - Asset impairment losses increased by 837.13%, with an increase of 1.3945 million yuan due to higher provisions for bad debts[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,261[11] - The company has not encountered any violations regarding external guarantees during the reporting period[24]