两面针(600249) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 285,056,113.69, representing a decline of 20.05% year-on-year[6] - Net profit attributable to shareholders of the listed company was a loss of CNY 4,230,707.34, compared to a loss of CNY 26,822,614.01 in the same period last year[6] - Basic and diluted earnings per share were both CNY -0.01, compared to CNY -0.05 in the same period last year[6] - The weighted average return on equity increased by 1.13 percentage points to -0.23%[6] - Total operating revenue for Q1 2018 was CNY 285,056,113.69, a decrease of 20% compared to CNY 356,546,308.60 in the same period last year[26] - Total operating costs for Q1 2018 were CNY 292,620,744.62, down 21% from CNY 369,559,397.01 year-over-year[27] - Net loss for Q1 2018 was CNY 7,800,639.43, an improvement from a net loss of CNY 13,460,750.03 in Q1 2017[27] - The company's operating revenue for Q1 2018 was CNY 48,157,272.95, an increase of 14.3% compared to CNY 42,134,337.81 in the same period last year[30] - The net profit for Q1 2018 was CNY 982,040.47, a significant recovery from a net loss of CNY 8,462,054.12 in Q1 2017[31] - The total comprehensive income for Q1 2018 was CNY 6,423,684.58, compared to a total comprehensive loss of CNY 7,877,310.27 in the previous year[31] Cash Flow - The net cash flow from operating activities improved to a loss of CNY 14,008,003.12, compared to a loss of CNY 64,004,496.35 in the previous year[6] - Cash flow from operating activities showed a net outflow of CNY -14,008,003.12, an improvement from CNY -64,004,496.35 in the same period last year[34] - The cash flow from investing activities resulted in a net outflow of CNY -26,213,538.09, compared to CNY -69,480,615.82 in Q1 2017[34] - Net cash flow from operating activities improved by 78.11% to -¥14,008,003.12 from -¥64,004,496.35, due to reduced procurement and the exclusion of Jiekang Company[14] - Net cash flow from investing activities improved by 62.27% to -¥26,213,538.09 from -¥69,480,615.82, reflecting decreased financial product purchases[14] - Cash inflow from financing activities was CNY 45,000,000.00, an increase of 50% compared to CNY 30,000,000.00 in the previous period[39] - Net cash flow from financing activities was -CNY 38,901,729.17, worsening from -CNY 3,933,750.01 year-over-year[39] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,651,814,793.81, a decrease of 1.99% compared to the end of the previous year[6] - Total assets decreased to ¥2,651,814,793.81 from ¥2,705,659,117.12, indicating a decline in overall asset value[18] - Total liabilities decreased to ¥696,692,805.36 from ¥740,886,928.75, showing a reduction in total liabilities[18] - Total liabilities decreased to CNY 366,219,026.45 from CNY 397,228,109.05 at the start of the year, reflecting a reduction of approximately 7%[23] - Total equity attributable to shareholders increased to CNY 2,339,161,621.60 from CNY 2,332,737,937.02, showing a slight growth[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 67,204[11] - The largest shareholder, Guangxi Liuzhou Industrial Investment Development Group Co., Ltd., held 33.34% of the shares[11] Other Financial Metrics - The company reported non-operating income of CNY 2,054,526.15, primarily from government subsidies and other non-recurring gains[8] - Cash and cash equivalents decreased by 58.85% to ¥62,816,108.43 from ¥152,639,668.81 due to loan repayments and investment activities[13] - Prepayments increased by 46.09% to ¥24,073,540.64 from ¥16,478,048.56, attributed to higher advance payments for materials[13] - Interest payable decreased by 100% to ¥0.00 from ¥656,109.28, reflecting a reduction in bank interest payable[13] - Management expenses decreased by 31.58% to ¥25,992,623.55 from ¥37,989,579.91, impacted by the exclusion of Jiekang Company from the consolidation scope[13] - Financial expenses decreased by 57.04% to ¥5,283,061.09 from ¥12,298,449.68, also due to the exclusion of Jiekang Company from the consolidation scope[13] - Investment income surged by 2299.02% to ¥240,780.93 from ¥10,036.62, driven by increased financial management income[13] - Cash received from other investment activities was CNY 21,000,000.00, a decrease of 82.5% from CNY 120,000,000.00 in the previous period[39] - Cash paid for investment activities was CNY 38,000,000.00, down 81.5% from CNY 205,000,000.00 year-over-year[39] Product Development and Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[12]