步森股份(002569) - 2018 Q1 - 季度财报(更新)

Financial Performance - The company's revenue for Q1 2018 was ¥126,040,272.09, representing a 55.75% increase compared to ¥80,925,096.50 in the same period last year[7] - The net profit attributable to shareholders was -¥5,846,747.18, an improvement of 31.29% from -¥8,509,309.69 year-on-year[7] - The net cash flow from operating activities was -¥14,604,249.67, showing a 33.81% improvement compared to -¥22,064,636.21 in the previous year[7] - Operating revenue increased by 55.75% year-on-year, driven by growth in clothing sales and new supply chain finance business[14] - Net profit increased by 31.29% year-on-year, primarily due to a reduction in profit losses[14] - Basic and diluted earnings per share rose by 33.33% year-on-year, reflecting the decrease in net profit losses[15] - The gross profit margin decreased, with operating costs rising faster than revenue, leading to a net loss of ¥5,846,747.18 compared to a loss of ¥8,509,309.69 in the same period last year[41] - The net profit attributable to the parent company was negative, indicating ongoing financial challenges despite some improvements in losses year-over-year[41] Assets and Liabilities - The total assets at the end of the reporting period were ¥672,544,032.86, a decrease of 5.60% from ¥712,471,482.84 at the end of the previous year[7] - The net assets attributable to shareholders decreased by 1.19% to ¥485,520,398.04 from ¥491,367,145.22 at the end of the previous year[7] - The total assets of the company as of March 31, 2018, amounted to 672.54 million yuan, a decrease from 712.47 million yuan at the beginning of the period[32] - The company's total current liabilities include accounts payable of 72.08 million yuan, up from 48.81 million yuan[33] - Current liabilities decreased to ¥179,550,828.34 from ¥187,580,058.58, reflecting improved short-term financial management[38] Cash Flow - Cash and cash equivalents increased by 69.62% year-on-year, attributed to an increase in cash flow from investment activities[15] - The company's cash and cash equivalents decreased from 241.34 million yuan to 195.45 million yuan during the reporting period[32] - The cash flow from operating activities showed a net outflow of CNY 14,604,249.67, an improvement from a net outflow of CNY 22,064,636.21 in the same period last year[49] - The cash inflow from financing activities amounted to 90,000,000.00 CNY, with a cash outflow of 175,087.50 CNY, leading to a net cash flow from financing activities of 89,824,912.50 CNY[54] - The net increase in cash and cash equivalents was -46,670,140.44 CNY, compared to -53,031,073.76 CNY in the previous year[54] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,564[9] - The top shareholder, Chongqing Anjian Hanshi Technology Co., Ltd., held 16.00% of the shares, totaling 22,400,000 shares[9] - The company’s controlling shareholder increased its stake in the company to 13.86% through a transfer of partnership interests[20] - The company has established a wholly-owned subsidiary to participate in the investment and establishment of an industrial merger fund[22] Strategic Initiatives - The company signed a strategic cooperation memorandum with Bosen Group on January 2, 2018, indicating potential future collaborations[16] - The company is in the process of establishing an industry merger and acquisition fund, which has completed business registration[19] - The company has optimized its offline sales channels, leading to an increase in sales revenue compared to the previous year[24] Receivables and Inventory - Accounts receivable increased by 49.68% compared to the beginning of the year, mainly due to seasonal collection reasons[14] - Other receivables increased by 175.36% compared to the beginning of the year, mainly due to an increase in temporary loans[14] - Accounts receivable increased from 64.69 million yuan to 96.83 million yuan, indicating a rise in credit sales[32] - Inventory decreased from 168.83 million yuan to 155.80 million yuan, reflecting improved inventory management[32] - Inventory levels decreased to ¥84,962,289.53 from ¥91,421,681.28, indicating better inventory management[36] Financial Challenges - The company expects a net loss of between -16 million to -12 million yuan for the first half of 2018, compared to a net profit of -27.98 million yuan in the same period of 2017[24] - The company incurred an asset impairment loss of CNY 7,966,555.31 in Q1 2018, compared to CNY 4,436,157.40 in Q1 2017[45] - The company reported an increase in sales expenses to ¥16,695,783.91 from ¥15,975,339.11, reflecting higher marketing efforts[41] Audit and Compliance - The company did not undergo an audit for the first quarter report[55]