ST九有(600462) - 2016 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 28,429,849.54, a decline of 53.11% year-on-year[7] - The net profit attributable to shareholders was CNY -1,287,319.99, improving from CNY -5,144,480.02 in the previous year[7] - Basic and diluted earnings per share were both CNY -0.0023, compared to CNY -0.0035 in the same period last year[7] - The company reported a net loss of CNY -917,212,493.03 for Q1 2016, compared to a loss of CNY -915,996,997.79 in the previous period[21] - The net profit for Q1 2016 was a loss of CNY 1,215,495.24, compared to a loss of CNY 1,850,548.37 in the previous period, indicating an improvement[26] - The total profit for Q1 2016 was a loss of CNY 1,215,495.24, compared to a loss of CNY 1,850,548.37 in the previous period[26] - The company recorded an operating profit (loss) of CNY -1,215,495.24 for Q1 2016, an improvement from CNY -5,144,480.02 in the previous period[26] - The overall financial performance indicates a challenging quarter with negative cash flows across all activities, necessitating strategic adjustments[34] Cash Flow - Net cash flow from operating activities was negative at CNY -13,673,699.62, a decrease of 227.67% compared to the same period last year[7] - Cash inflow from operating activities for Q1 2016 was CNY 20,020,226.22, down from CNY 36,515,492.78 in the previous period[29] - The net cash flow from operating activities for Q1 2016 was -19,277,084.04 RMB, compared to 10,709,771.75 RMB in the previous period, indicating a significant decline[32] - Total cash outflow from operating activities amounted to 20,015,151.95 RMB, while cash inflow was only 738,067.91 RMB, resulting in a negative cash flow situation[32] - The company reported a cash inflow from other operating activities of only 738,067.91 RMB, a sharp decline from 36,515,492.78 RMB in the previous period[32] - The company did not report any cash inflow from financing activities, highlighting a potential liquidity issue[34] Assets and Liabilities - Total assets decreased by 5.79% to CNY 379,851,128.46 compared to the end of the previous year[7] - Current liabilities totaled CNY 56,827,713.20, down 27.7% from CNY 78,604,078.20 at the start of the year[19] - The company's total liabilities decreased to CNY 88,280,642.35 from CNY 110,057,007.35, reflecting a reduction of 19.8%[20] - The equity attributable to shareholders of the parent company was CNY 283,505,836.91, slightly down from CNY 284,750,541.50 at the beginning of the year[19] - Cash and cash equivalents decreased to CNY 223,649,697.29 from CNY 243,177,297.83, a decline of 8.0%[19] Shareholder Information - The total number of shareholders at the end of the reporting period was 23,255[9] - The largest shareholder, Tianjin Shengxin Yuantong Asset Management Co., Ltd., held 101,736,904 shares, accounting for 19.06% of total shares[10] Inventory and Receivables - Accounts receivable decreased by 82.96% compared to the beginning of the year, mainly due to the use of accounts receivable to pay for goods during the reporting period[11] - Other receivables increased by 974.68% compared to the beginning of the year, primarily due to increased deposit expenditures during the reporting period[11] - Inventory increased by 69.88% compared to the beginning of the year, mainly due to increased material reserves based on planned production and sales[11] Operating Costs and Revenue - Operating costs decreased by 53.48% year-on-year, mainly due to the non-comparability of mobile camera module sales costs with the same period last year after the restructuring[11] - Operating revenue decreased by 53.11% year-on-year, primarily due to the sales revenue of mobile camera modules being non-comparable with the same period last year after the company's restructuring[11] Investment and Financing Activities - Cash outflow from investment activities increased by 258.86% year-on-year, mainly due to increased fixed asset construction expenditures during the reporting period[13] - Cash outflow from financing activities increased by 11601.87% year-on-year, primarily due to increased cash outflow for repaying bank loans during the reporting period[13] Other Financial Metrics - The company reported a total of CNY 42,615.40 in non-recurring gains and losses[8] - The weighted average return on net assets was -0.44%, slightly improved from -0.58% in the previous year[7] - The company has not disclosed any new product developments or market expansion strategies in this report[10] - The company has not reported any new product launches or significant market expansion strategies during this quarter[22]