中国卫星(600118) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter reached CNY 1,121,148,734.74, representing a growth of 13.11% year-on-year[7]. - Net profit attributable to shareholders decreased by 2.31% to CNY 50,532,073.71 compared to the same period last year[7]. - Basic and diluted earnings per share remained stable at CNY 0.05[7]. - Operating revenue for Q1 2017 reached RMB 1,121,148,734.74, an increase of 13.11% compared to RMB 991,221,493.08 in Q1 2016[15]. - Net profit attributable to shareholders was RMB 58,168,313.47, up 2.83% from RMB 56,565,581.34 in Q1 2016[15]. - Total operating revenue for the current period reached ¥1,121,148,734.74, an increase of 13.1% compared to ¥991,221,493.08 in the previous period[36]. - Net profit for the current period was ¥61,353,519.89, slightly up from ¥61,017,494.65, indicating a growth of 0.55%[36]. - The net profit attributable to shareholders of the listed company was ¥58,168,313.47, compared to ¥56,565,581.34, marking an increase of 2.84%[36]. Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of CNY 368,620,593.10, worsening by 58.01% year-on-year[7]. - Cash flow from operating activities showed a net outflow of RMB 368,620,593.10, a decrease of 58.01% compared to RMB -233,285,342.64 in Q1 2016[22]. - The net cash flow from operating activities was -8,365,487.51 RMB, an improvement from -10,988,685.10 RMB in the previous period, indicating a reduction in cash outflow by approximately 23.9%[42]. - Cash inflow from operating activities totaled 6,144,884.68 RMB, up from 3,842,695.74 RMB, representing an increase of about 60.0%[42]. - Cash outflow from operating activities decreased slightly to 14,510,372.19 RMB from 14,831,380.84 RMB, a reduction of approximately 2.2%[42]. - The company’s cash flow from investing activities improved, with a net outflow of RMB 75,263,511.54, a 48.36% decrease from RMB -145,739,257.11 in Q1 2016[22]. - The net cash flow from investing activities was 1,132,042.00 RMB, a significant improvement from -16,662,149.90 RMB in the previous period[42]. - The ending balance of cash and cash equivalents was 458,144,225.59 RMB, down from 624,822,377.53 RMB, a decrease of approximately 26.6%[42]. Assets and Liabilities - Total assets increased by 3.08% to CNY 11,191,590,032.81 compared to the end of the previous year[7]. - Current assets totaled CNY 8,644,576,511.53, up from CNY 8,299,552,370.79, indicating an increase of about 4.15%[28]. - Accounts receivable increased by 27.14% to RMB 3,427,333,680.99 from RMB 2,695,624,577.25 at the end of 2016[15]. - Inventory grew by 39.66% to RMB 1,239,982,272.60, up from RMB 887,833,311.49 at the end of 2016[15]. - Total liabilities reached CNY 5,326,351,199.20, compared to CNY 5,106,348,528.23 at the start of the year, reflecting an increase of about 4.31%[30]. - The company reported an increase in asset impairment losses to RMB 4,975,836.93, a significant rise of 3818.32% compared to a loss of RMB -133,819.42 in the previous year[15]. - The largest shareholder, China Aerospace Science and Technology Corporation, holds 51.02% of the shares[12]. - The company’s total liabilities increased, with accounts payable rising by 18.52% to RMB 3,614,543,779.39 from RMB 3,049,800,554.74 at the end of 2016[15]. Shareholder Information - The number of shareholders reached 149,676 by the end of the reporting period[12]. - Shareholders' equity totaled CNY 5,865,238,833.61, up from CNY 5,751,288,528.30, indicating a growth of approximately 1.98%[30]. Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[4]. - The company plans to continue expanding its satellite development business, which has contributed to the increase in revenue and costs[16].