苏豪弘业(600128) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 817,628,990.25, representing a decline of 19.01% year-on-year[8] - The net profit attributable to shareholders was a loss of CNY 2,976,755.91, compared to a loss of CNY 813,970.30 in the same period last year[8] - Basic and diluted earnings per share were both -CNY 0.0121, compared to -CNY 0.0033 in the same period last year[8] - Total operating revenue for the current period is ¥817,628,990.25, down from ¥1,009,532,116.56 in the previous period, representing a decrease of approximately 18.99%[38] - Net profit attributable to the parent company is -¥2,976,755.91, compared to -¥813,970.30 in the previous period, indicating a significant loss[38] - The company reported a total comprehensive income of -¥6,004,862.96, compared to -¥10,672,549.43 in the previous period, showing a reduction in losses[39] Cash Flow - The net cash flow from operating activities was negative CNY 106,329,296.71, compared to positive CNY 12,594,409.29 in the previous year[8] - Cash inflow from operating activities totaled 846,390,131.19 RMB, down 31.7% from 1,238,883,268.11 RMB in the prior period[45] - Cash outflow from operating activities increased to 952,719,427.90 RMB, compared to 1,226,288,858.82 RMB in the previous period, reflecting higher operational costs[45] - The net cash flow from investing activities was -97,489,279.79 RMB, worsening from -37,271,639.14 RMB in the prior period, indicating increased investment expenditures[46] - The ending cash and cash equivalents balance was 551,971,713.46 RMB, down from 566,803,576.29 RMB in the previous period, reflecting overall cash management challenges[46] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,021,548,118.53, a decrease of 2.15% compared to the previous year-end[8] - Total liabilities decreased from CNY 1,510,653,289.69 to CNY 1,450,185,566.77, a decrease of approximately 4.00%[30] - Owner's equity decreased from CNY 1,577,313,292.71 to CNY 1,571,362,551.76, a slight decline of about 0.38%[30] - Current liabilities decreased from CNY 1,353,424,334.13 to CNY 1,296,473,912.79, representing a reduction of about 4.20%[29] - Total current assets decreased from CNY 741,543,318.71 to CNY 705,197,273.21, a decline of about 4.90%[33] Investments and Acquisitions - The company acquired an additional 30% stake in Jiangsu Fertilizer Industry Co., Ltd., bringing its total ownership to 60%[8] - The company acquired an additional 30% stake in Jiangsu Chemical Industry Co., Ltd., bringing its total ownership to 60%, with the related business registration changes completed[24] - Investment income surged by 244.99% to CNY 14,334,217.12 from CNY 4,154,959.53, attributed to dividends from Jiangsu Chemical Co., Ltd.[20] Other Financial Metrics - The weighted average return on equity was -0.2133%, down from -0.0534% year-on-year[8] - Non-operating income for the period included government subsidies of CNY 411,000 and other income totaling CNY 4,944,961.40[9] - Tax expenses decreased by 33.78% to CNY 2,286,260.91 compared to CNY 3,452,398.24, influenced by the VAT reform policy and corresponding accounting changes[19] - Financial expenses dropped by 50.52% to CNY 5,845,710.98 from CNY 11,813,663.99, mainly due to a significant reduction in exchange losses compared to the previous year[19] - The company reported an increase in impairment losses on accounts receivable by 44.71% to CNY 8,528,921.44 from CNY 5,893,734.78, due to an increase in aged receivables[19] Shareholder Information - The total number of shareholders at the end of the reporting period was 27,392[11] - The largest shareholder, Aitao Cultural Group Co., Ltd., held 24.02% of the shares[11]