敦煌种业(600354) - 2016 Q1 - 季度财报

Financial Performance - Operating revenue fell by 36.50% to CNY 106,698,860.58 year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 59,690,931.73, compared to a loss of CNY 51,160,960.42 in the same period last year[6] - Basic and diluted earnings per share were both CNY -0.1131, slightly improving from CNY -0.1142 in the previous year[6] - Net loss for Q1 2016 was ¥69,363,070.97, compared to a net loss of ¥57,649,624.05 in Q1 2015, representing a 20.5% increase in losses[24] - Operating profit for Q1 2016 was -¥74,214,735.81, compared to -¥56,196,348.84 in Q1 2015, indicating a worsening operational performance[24] Asset and Liability Changes - Total assets decreased by 10.95% to CNY 3,140,972,446.06 compared to the end of the previous year[6] - The company's current assets decreased to CNY 1,940,069,827.19 from CNY 2,308,467,245.49, representing a reduction of about 16%[17] - The total liabilities decreased to CNY 1,499,953,655.65 from CNY 1,816,978,663.71, indicating a decline of approximately 17%[19] - The company's total equity attributable to shareholders decreased to CNY 1,088,392,979.68 from CNY 1,148,083,911.41, a decline of about 5%[19] - The company's total assets decreased to ¥2,011,516,289.50 from ¥2,278,743,478.54, a decline of 11.7%[22] Cash Flow Analysis - Net cash flow from operating activities was negative at CNY -221,352,682.24, worsening from CNY -55,099,890.81 in the previous year[6] - Total cash inflow from operating activities was 128,105,580.47 RMB, down 39% from 210,554,190.20 RMB year-over-year[30] - Cash outflow from operating activities increased to 349,458,262.71 RMB, compared to 265,654,081.01 RMB in the previous year, reflecting a 31% rise in operational expenses[30] - The net cash flow from investment activities was 55,200,863.10 RMB, a turnaround from -18,383,215.71 RMB in the previous year, showing improved investment recovery[31] - The net cash flow from financing activities was -77,867,435.76 RMB, worsening from -1,612,578.96 RMB in the same quarter last year, highlighting challenges in financing[31] Shareholder Information - The total number of shareholders reached 52,720 at the end of the reporting period[9] - The largest shareholder, Jiuquan Modern Agriculture (Holding) Group Co., Ltd., held 12.92% of shares, amounting to 6,817.02 million shares[9] Investment Performance - Investment income surged by 1482.03% compared to the same period last year, reaching 4,172,604.38[11] - The company reported non-recurring gains of CNY 5,308,906.21 during the period[7] - The company recorded an investment income of ¥4,172,604.38, up from ¥263,750.59 in the previous year, showing a positive trend in investment performance[24] Operational Challenges - Cash received from sales of goods and services decreased by 37.88% year-on-year, totaling 122,391,309.62[11] - Cash paid for various taxes increased by 265.40% year-on-year, amounting to 77,601,152.79[11] - The company has not disclosed any new product developments or market expansion strategies in this report[4]