DPC(SH:600405)2018-04-26 16:00Financial Performance - Operating revenue for the first quarter was CNY 145,485,719.86, a decline of 13.14% year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 34,357,712.18, an improvement from a loss of CNY 41,113,617.73 in the same period last year[6] - The company's net loss for Q1 2018 was not explicitly stated, but the decrease in revenue and costs indicates a challenging financial environment[27] - The net profit for Q1 2018 was CNY -22,732,359.88, improving from CNY -36,145,407.78 in the previous year, representing a reduction in net loss of approximately 37.0%[30] - The total comprehensive income for Q1 2018 was CNY -22,732,359.88, compared to CNY -36,145,407.78 in the previous year, indicating a significant improvement[31] - The company recorded an operating profit of CNY -25,168,543.63, an improvement from CNY -40,370,547.96 in the previous year[30] Cash Flow - Cash flow from operating activities showed a loss of CNY 75,573,599.29, compared to a loss of CNY 29,362,016.31 in the previous year[6] - The cash flow from operating activities for Q1 2018 was CNY -75,573,599.29, worsening from CNY -29,362,016.31 in the same period last year[34] - The net cash flow from operating activities was -15,158,124.12 RMB, an improvement from -80,113,964.59 RMB in the previous period[36] - The total cash inflow from operating activities was 297,946,668.78 RMB, compared to 210,892,211.50 RMB in the previous period[36] - The company incurred a total cash outflow from financing activities of 183,435,905.96 RMB, significantly higher than 53,046,528.81 RMB in the previous period[37] Assets and Liabilities - Total assets decreased by 7.36% to CNY 2,682,223,958.35 compared to the end of the previous year[6] - Total liabilities decreased to CNY 1,351,956,430.10 from CNY 1,506,157,436.15, a decline of 10.26%[23] - The company reported a total equity of CNY 1,213,170,959.01, down from CNY 1,262,881,611.18, a decrease of 3.91%[26] - Cash and cash equivalents at the end of the reporting period amounted to ¥189,735,812.69, a decrease of 49.30% compared to the beginning of the period, primarily due to repayment of bank loans and payment of goods[11] Shareholder Information - The number of shareholders reached 112,826 by the end of the reporting period[9] - The largest shareholder, He Zhenya, holds 62,138,615 shares, representing 11.06% of the total shares, with 54,037,820 shares pledged[9] Other Financial Metrics - The weighted average return on net assets improved by 0.82 percentage points to -2.364%[6] - Basic and diluted earnings per share were both -CNY 0.065, a 7.00% increase in loss compared to the previous year[6] - The company reported non-recurring gains of CNY 1,933,199.16 during the period[8] Changes in Current Assets and Liabilities - Accounts receivable increased to ¥28,779,258.17, up 232.20% from the beginning of the period, mainly due to bank acceptance bills received that have not yet been endorsed and transferred[11] - Prepayments reached ¥46,942,969.72, an increase of 114.23% compared to the beginning of the period, primarily due to prepayments for construction and engineering equipment by the subsidiary Anhui Power Source[11] - Other current assets increased to ¥27,529,677.99, up 32.02% from the beginning of the period, mainly due to an increase in VAT input tax credits[11] - Accounts payable decreased to ¥150,760,618.91, down 38.75% from the beginning of the period, primarily due to the maturity payment of bank acceptance bills by the parent company[11] - Pre-receipts increased to ¥39,313,043.18, up 47.51% compared to the beginning of the period, mainly due to an increase in customer advance payments[12]