北方股份(600262) - 2016 Q1 - 季度财报

Financial Performance - Operating revenue fell by 48.57% to CNY 94,707,993.76 year-on-year[6] - The company's operating revenue for Q1 2016 was RMB 94,707,993.76, a decrease of 48.57% compared to RMB 184,166,657.36 in the same period last year[14] - Total operating revenue decreased to ¥94,707,993.76 from ¥184,166,657.36, representing a decline of approximately 48.5% year-over-year[24] - Total operating costs decreased to ¥116,352,840.62 from ¥231,371,238.21, a reduction of about 49.7% year-over-year[24] - Operating profit was reported at -¥13,124,264.87, an improvement from -¥41,823,451.65 in the previous period[24] - Net profit for the period was -¥9,044,287.32, compared to -¥22,769,987.35 in the same period last year, indicating a reduction in losses[25] - Net profit attributable to shareholders of the listed company improved to a loss of CNY -12,296,377.22 from a loss of CNY -33,053,952.13 in the same period last year[6] - The net profit attributable to the parent company was a loss of RMB 9,013,700.97, an improvement of 54.75% from a loss of RMB 19,921,260.56 in the previous year[14] - Basic and diluted earnings per share were both CNY -0.0530[6] - Basic and diluted earnings per share were both -¥0.0530, an improvement from -¥0.1172 in the previous year[25] Cash Flow - Cash flow from operating activities decreased by 43.21% to CNY 95,494,355.38 compared to the same period last year[6] - The company's cash flow from operating activities was RMB 95,494,355.38, down 43.21% from RMB 168,138,962.88 in the previous year[14] - Cash flow from operating activities was ¥95,494,355.38, down from ¥168,138,962.88 year-over-year, reflecting a decrease of approximately 43.3%[31] - The net cash flow from operating activities for Q1 2016 was -69,599,689.86 RMB, a decrease from 142,497,156.86 RMB in the same period last year[35] - Cash inflow from operating activities totaled 176,314,141.13 RMB, down 57.2% from 411,731,580.74 RMB year-over-year[34] - Cash outflow from operating activities was 245,913,830.99 RMB, a slight decrease from 269,234,423.88 RMB in the previous year[34] - The cash flow from sales of goods and services was 172,410,209.72 RMB, a decline of 56.5% from 396,631,203.95 RMB in the previous year[34] Assets and Liabilities - Total assets decreased by 7.29% to CNY 2,515,945,481.68 compared to the end of the previous year[6] - Total assets decreased from ¥2,713,685,486.30 to ¥2,515,945,481.68, a decline of approximately 7.3%[19] - Total liabilities decreased from ¥1,820,742,713.34 to ¥1,631,595,674.81, a decline of about 10.4%[20] - Current liabilities decreased from ¥1,653,912,311.76 to ¥1,463,615,123.08, a reduction of about 11.5%[20] - Accounts receivable decreased to RMB 300,715,882.23 from RMB 335,319,816.18, reflecting a decline of 10.4%[18] - Accounts receivable decreased from ¥314,959,278.22 to ¥281,343,700.40, a reduction of approximately 10.7%[21] - The total current assets decreased from ¥2,028,942,962.84 to ¥1,844,534,518.15, a decline of about 9.1%[19] - The total liabilities decreased by 28.23% in accounts receivable notes, from RMB 348,159,772.25 to RMB 249,886,676.45[13] - Owner's equity decreased from ¥892,942,772.96 to ¥884,349,806.87, a slight decline of approximately 1.5%[20] Shareholder Information - The number of shareholders reached 10,305 at the end of the reporting period[11] - The largest shareholder, Inner Mongolia North Heavy Industry Group, holds 32.26% of the shares[11] - The second largest shareholder, Terex Equipment Limited, holds 25.16% of the shares[11] Other Financial Metrics - Cash flow from investing activities increased significantly by 865.92%, reaching RMB 9,281,927.81 compared to a negative RMB 1,211,860.22 in the previous year[14] - The company's financial expenses decreased by 61.31%, from RMB 34,031,456.65 to RMB 13,165,410.18, due to reduced exchange losses[14] - The company's other receivables increased by 115.13%, rising to RMB 17,312,055.00 from RMB 8,047,356.39[13] - The company's tax payable increased by 157.16%, from RMB 3,015,946.51 to RMB 7,755,822.99, primarily due to increased tax liabilities from its subsidiary[14] - Inventory increased from ¥721,770,827.13 to ¥778,889,033.78, reflecting a growth of approximately 7.9%[21] - Long-term investments decreased from ¥79,404,782.02 to ¥77,925,364.01, a reduction of about 1.9%[21] - The company reported a decrease in undistributed profits from ¥72,658,736.06 to ¥63,645,035.09, a decline of approximately 12.9%[20] Operational Changes - The company plans to terminate operations and liquidate its subsidiary, Atlas, due to continuous losses since its establishment in 2004[15]