大唐电信(600198) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 564,826,592.24, representing a decline of 63.56% year-on-year [6]. - Net loss attributable to shareholders of the listed company was CNY -153,138,926.35, compared to CNY -130,936,885.10 in the same period last year [6]. - Basic and diluted earnings per share were both CNY -0.1736, compared to CNY -0.1484 in the previous year [6]. - The company reported a significant decrease in total revenue, indicating potential challenges in market demand or operational efficiency [6]. - The company's operating revenue for Q1 2018 was ¥564,826,592.24, a decrease of 63.56% compared to ¥1,550,095,749.43 in Q1 2017 [16]. - Net loss for Q1 2018 was ¥158,365,964.73, compared to a net loss of ¥130,045,788.75 in Q1 2017, representing a 21.7% increase in losses [33]. - Operating profit for Q1 2018 was -¥156,005,564.81, compared to -¥124,375,758.03 in the same period last year, indicating a worsening operational performance [33]. Cash Flow - The net cash flow from operating activities was CNY -73,607,685.62, an improvement from CNY -170,303,417.45 in the previous year [6]. - The net cash flow from operating activities for Q1 2018 was -¥73,607,685.62, an improvement of ¥96,695,731.83 compared to -¥170,303,417.45 in Q1 2017 [18]. - Total cash inflow from financing activities was 365,736,478.07 RMB, while cash outflow was 849,546,361.59 RMB, resulting in a net cash flow of -483,809,883.52 RMB [40]. - The total cash inflow from operating activities was 743,643,310.66 RMB, while total cash outflow was 817,250,996.28 RMB, leading to a negative cash flow from operations [39]. - The net cash flow from investment activities was -47,730,135.13 RMB, reflecting a decrease in investment returns compared to -29,709,114.68 RMB previously [39]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,041,005,868.23, a decrease of 7.87% compared to the end of the previous year [6]. - The company's cash and cash equivalents decreased by ¥606,293,834.99, a reduction of 44.41% from the beginning of the year [16]. - The total amount of prepayments increased by ¥73,515,004.78, representing a growth of 52.24% compared to the previous year [15]. - The company's long-term payables decreased by ¥101,000,000.00, a decline of 32.95% compared to the previous year [15]. - The company's total liabilities decreased to ¥5,374,910,845.96 from ¥5,704,911,917.94, a reduction of 5.8% [31]. - The total equity of the company as of Q1 2018 was ¥2,832,518,274.05, down from ¥2,891,460,386.61, reflecting a decrease of 2.0% [31]. - The company’s total equity as of March 31, 2018, was negative CNY 116,179,113.77, compared to positive CNY 42,186,850.96 at the beginning of the year [27]. Shareholder Information - The company had a total of 93,323 shareholders at the end of the reporting period [10]. - The largest shareholder, Telecom Science and Technology Research Institute, held 151,252,178 shares, accounting for 17.15% of total shares [10]. Other Financial Metrics - Non-recurring gains and losses totaled CNY 57,776,156.09, with government subsidies contributing CNY 9,050,089.85 [9]. - The company reported a significant increase in interest payable, which rose by ¥13,173,924.01, or 69.65% compared to the previous year [15]. - The company reported an investment income of ¥48,658,414.51 in Q1 2018, compared to no investment income in the previous year [33]. - The company experienced a decrease in minority shareholder profit by ¥6,118,134.73, a decline of 686.59% compared to the previous year [19]. Strategic Focus - The company plans to focus on industry markets and implement a strategy centered on security, aiming to improve product line management and operational efficiency [19]. - The company is actively promoting major projects, with a forecasted cumulative net profit for the period from the beginning of the year to the next reporting period potentially achieving profitability, but there is uncertainty regarding the successful implementation of these projects [21].