江钨装备(600397) - 2016 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY -137,205,416.41, a decrease of 14,887.27% compared to the same period last year[6]. - Operating revenue fell by 47.13% to CNY 685,943,560.91, primarily due to a decrease in coal sales and trading business[10]. - Basic and diluted earnings per share were both CNY -0.1386, a decrease of 15,500.00% compared to the previous year[6]. - Operating profit turned negative at -¥143,337,499.89 compared to a profit of ¥3,964,296.11 in the previous period[24]. - Net profit for the period was -¥143,636,330.15, compared to a net loss of -¥6,198,523.87 in the same period last year[24]. - The company anticipates that the cumulative net profit for the year may still result in a loss due to oversupply in the coal industry and low demand[14]. Cash Flow - Cash flow from operating activities was CNY -319,777,922.71, a decline of 124.85% compared to the previous year[6]. - Operating cash flow net amount was -319,777,922.71 RMB, a decline of 124.85% year-on-year, primarily due to temporary shutdowns for maintenance[11]. - The net cash flow from operating activities was -319,777,922.71 CNY, compared to -142,220,621.87 CNY in the previous period, indicating a decline in operational cash flow[30]. - Total cash inflow from financing activities was 452,000,000.00 CNY, while cash outflow was 416,400,389.29 CNY, resulting in a net cash flow of 35,599,610.71 CNY[31]. - The total cash inflow from operating activities was 735,338,656.67 CNY, while total cash outflow was 1,055,116,579.38 CNY, leading to a negative net cash flow from operations[30]. Assets and Liabilities - Total assets decreased by 0.16% to CNY 10,866,081,505.55 compared to the end of the previous year[6]. - Current liabilities totaled CNY 5,358,600,703.59, an increase from CNY 5,246,397,863.84 at the start of the year, reflecting a growth of approximately 2.14%[19]. - Non-current liabilities reached CNY 2,158,406,503.08, compared to CNY 2,145,877,681.69 at the beginning of the year, indicating a growth of about 0.12%[19]. - The total liabilities increased to CNY 7,517,007,206.67 from CNY 7,392,275,545.53, representing an increase of approximately 1.69%[19]. - Owner's equity totaled CNY 3,349,074,298.88, down from CNY 3,491,271,979.77, showing a decrease of about 4.06%[19]. Inventory and Receivables - Inventory increased by 40.79% to CNY 367,513,863.37 due to increased purchases during the period[10]. - Accounts receivable increased slightly to 1,272,522,793.71 RMB from 1,268,896,574.25 RMB at the beginning of the year[17]. - The company reported a significant increase in prepayments by 36.39% to CNY 44,445,377.30, indicating future sales[10]. Expenses and Impairments - The company experienced a 68.15% increase in asset impairment losses, totaling 5,269,722.33 RMB, attributed to an increase in accounts receivable[11]. - Income tax expenses significantly dropped by 94.86% to 678,040.78 RMB, reflecting a substantial decline in profits[11]. - Management expenses decreased to ¥37,533,729.56 from ¥52,849,101.94, a reduction of about 29% year-over-year[24]. - Financial expenses were ¥50,616,878.27, slightly down from ¥52,068,792.07, indicating a decrease of around 3%[24].