苏豪弘业(600128) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue increased by 50.1% to CNY 1,227,294,850.35 year-on-year[11] - Net profit attributable to shareholders decreased significantly to CNY -18,837,449.94, compared to CNY -2,976,755.91 in the same period last year[11] - Basic and diluted earnings per share were both CNY -0.0763, compared to CNY -0.0121 in the same period last year[11] - The net profit for Q1 2018 was a loss of ¥22,441,539.05, compared to a loss of ¥932,453.20 in Q1 2017, indicating a substantial decline in profitability[42] - The total comprehensive income for Q1 2018 was -¥26,220,785.08, compared to -¥6,004,862.96 in the previous year, reflecting worsening financial performance[43] - The company's gross profit margin decreased, with operating profit recorded at -¥21,385,157.40 for Q1 2018, compared to -¥143,689.07 in Q1 2017[42] Cash Flow - Cash flow from operating activities was CNY -146,009,737.20, showing a decline compared to CNY -106,329,296.71 in the previous year[11] - Net cash flow from operating activities was -¥146,009,737.20, compared to -¥106,329,296.71 in the previous period, indicating a worsening cash flow situation[48] - Cash inflow from operating activities for the parent company was ¥224,164,606.33, up from ¥84,258,902.24, showing a growth of about 166%[51] - The parent company's net cash flow from operating activities improved to ¥40,995,882.31 from -¥75,353,200.18, indicating a positive turnaround[51] Assets and Liabilities - Total assets decreased by 9.06% to CNY 2,888,277,124.23 compared to the end of the previous year[11] - Total current assets decreased from CNY 2,012,520,329.03 at the beginning of the year to CNY 1,712,585,655.01, a decline of approximately 14.9%[33] - Total liabilities decreased from CNY 1,636,652,865.39 to CNY 1,375,273,315.54, a decline of approximately 15.9%[35] - The company's equity attributable to shareholders decreased from CNY 1,376,515,348.41 to CNY 1,353,959,979.03, a decline of approximately 1.6%[35] Investment Activities - The company reported a decrease in investment income from the disposal of financial assets by CNY 684.55 million year-on-year[11] - Cash inflow from investment activities totaled ¥986,199,228.09, significantly higher than ¥48,134,786.65 in the prior period, marking an increase of over 1,900%[49] - Cash outflow for investment activities was ¥918,239,272.05, compared to ¥145,624,066.44 previously, reflecting a substantial increase in investment spending[49] Shareholder Information - The total number of shareholders reached 26,095, with the largest shareholder holding 21.81% of the shares[15] - The total number of shares held by the new controlling shareholder, Suhao Holdings, is 53,820,061 shares, accounting for 21.81% of the total share capital[26] Financial Expenses and Costs - The company's financial expenses increased by 126.02% to RMB 13,212,332.57 due to significant foreign exchange losses compared to the previous year[22] - The operating cost for Q1 2018 was RMB 1,163,613,850.78, which is a 53.11% increase from RMB 759,971,311.30 in the previous year[22] - The company reported a significant increase in sales expenses, which rose to ¥57,274,762.20 in Q1 2018 from ¥38,189,636.79 in Q1 2017, marking a 50% increase[42] Other Financial Metrics - The weighted average return on net assets was -1.3798%, down from -0.2133% year-on-year[11] - The company experienced a significant increase in import and export scale as well as gold domestic trade business, contributing to the revenue growth[11] - The decline in net profit was attributed to factors including a decrease in gross margin due to RMB appreciation and increased financial expenses[11] - The company reported a significant increase in tax and additional charges, which rose by 168.53% to RMB 6,139,332.25, primarily due to land value-added tax payments[22]