国机通用(600444) - 2016 Q1 - 季度财报

Financial Performance - The net profit attributable to shareholders of the listed company decreased to CNY -7,562,369.18, compared to CNY -7,386,535.42 in the same period last year[5] - The operating revenue for the period was CNY 100,469,541.94, representing a decline of 17.47% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -8,702,401.69, compared to CNY -4,080,731.23 in the same period last year[5] - The basic and diluted earnings per share were both CNY -0.05, consistent with the previous year[5] - The net loss for Q1 2016 was ¥8,382,337.44, compared to a net loss of ¥7,913,895.39 in the previous year, indicating a worsening of 5.9%[27] - The operating profit for Q1 2016 was -¥9,276,293.38, compared to -¥7,874,553.66 in the same quarter last year[27] - The company's operating revenue for the current period is ¥32,972,678.08, a decrease of 14.0% compared to ¥38,519,441.63 in the previous period[31] - The net profit for the current period is a loss of ¥7,881,088.63, worsening from a loss of ¥4,125,715.10 in the previous period[31] - The operating profit for the current period is a loss of ¥7,968,096.07, compared to a loss of ¥4,215,848.61 in the previous period, indicating a decline in operational performance[31] - The total comprehensive income for the current period is a loss of ¥7,881,088.63, compared to a loss of ¥4,125,715.10 in the previous period[31] Cash Flow and Assets - The net cash flow from operating activities increased by approximately CNY 35.5 million compared to the same period last year[5] - Cash flow from operating activities shows a net inflow of ¥2,855,915.29, a significant improvement from a net outflow of ¥32,952,508.53 in the previous period[33] - The company's cash and cash equivalents decreased significantly from ¥8,344,581.85 to ¥2,854,244.92, a decline of 65.8%[25] - Cash and cash equivalents at the end of the period amount to ¥58,318,345.33, down from ¥138,716,083.11 in the previous period[34] - The total assets at the end of the reporting period were CNY 813,934,027.53, a decrease of 6.86% from the previous year-end[5] - The total assets at the end of the period were ¥810,438,042.24, down from ¥822,403,568.53 at the beginning of the year, reflecting a decrease of 1.6%[25] - The company's cash and cash equivalents decreased from ¥74,891,304.35 to ¥59,739,854.06, a decline of approximately 20.19%[19] Shareholder Information - The total number of shareholders at the end of the reporting period was 5,236[9] - The largest shareholder, Hefei General Machinery Research Institute, held 36.82% of the shares[10] - The company has committed to ensuring that the rights of all shareholders are protected in its transactions, emphasizing the independence and legality of its asset transfers[17] Liabilities and Equity - The company's total liabilities decreased from ¥577,338,952.00 to ¥525,686,163.69, representing a reduction of about 8.95%[21] - The company's total equity decreased from ¥296,528,345.62 to ¥288,247,863.84, a decline of about 2.83%[21] - The company's short-term borrowings decreased from ¥70,000,000.00 to ¥60,000,000.00, a reduction of approximately 14.29%[20] - The company's accounts payable decreased from ¥174,123,460.76 to ¥143,725,774.91, a decline of about 17.43%[20] Operational Expenses - Total operating costs for Q1 2016 were ¥109,745,835.32, down 15.4% from ¥129,610,163.76 year-on-year[27] - Management expenses fell by 37.30% due to a decrease in employee numbers and changes in payment models[12] - Management expenses decreased to ¥4,064,408.03 from ¥4,308,807.64, reflecting cost control efforts[31] - Financial expenses decreased by 51.60% due to a reduction in borrowings[12] - Financial expenses increased to ¥3,812,350.61 from ¥3,021,593.37, indicating higher borrowing costs[31] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 1,274,225.01 related to its normal business operations[7] Inventory and Receivables - Accounts receivable decreased by 48.41% due to the expiration of bank acceptance and payment of procurement amounts[11] - Inventory increased from ¥102,961,783.63 to ¥115,359,142.04, an increase of approximately 12.36%[19] - Other current assets rose by 106.86% due to an increase in prepaid taxes[11]