惠泉啤酒(600573) - 2017 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders was a loss of CNY 13,446,034.31, an improvement of 25.64% compared to a loss of CNY 18,082,096.06 in the same period last year[6] - Operating revenue decreased by 8.55% to CNY 115,461,657.82 from CNY 126,257,037.95 year-on-year[6] - The net profit for Q1 2017 was a loss of CNY 13,710,347.93, an improvement from a loss of CNY 18,203,510.26 in Q1 2016[20] - The total comprehensive income for Q1 2017 was a loss of CNY 13,710,347.93, compared to a loss of CNY 18,203,510.26 in Q1 2016[21] - The basic earnings per share for Q1 2017 was -CNY 0.05, compared to -CNY 0.07 in Q1 2016[21] Cash Flow - The net cash flow from operating activities was negative at CNY -9,535,659.11, a decline of 330.71% compared to CNY 4,133,189.12 in the previous year[6] - Cash flow from operating activities for Q1 2017 was a net outflow of CNY 9,535,659.11, contrasting with a net inflow of CNY 4,133,189.12 in Q1 2016[25] - The net cash flow from operating activities was -12,240,391.49 RMB, a decrease compared to the previous period's net cash flow of 2,180,398.56 RMB[29] - The company experienced a significant cash outflow of -381,972,721.38 RMB from cash and cash equivalents during the period[30] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,188,312,488.88, a slight increase of 0.17% compared to the end of the previous year[6] - Total liabilities reached CNY 67,639,152.30, compared to CNY 58,373,113.94 at the beginning of the year, marking an increase of about 15.00%[19] - The company's total equity decreased to CNY 1,132,138,993.86 from CNY 1,138,947,458.28, a decline of approximately 0.60%[19] - Current assets totaled CNY 592,408,364.21, up from CNY 583,569,086.28 at the start of the year, reflecting a growth of approximately 1.43%[18] Cash and Cash Equivalents - Cash and cash equivalents decreased by 86.75% to CNY 58,009,003.85 due to investments in bank wealth management products[10] - Cash and cash equivalents were reported at CNY 50,710,513.04, down from CNY 432,683,234.42, a decrease of approximately 88.24%[18] - The total cash and cash equivalents at the end of the period were 50,710,513.04 RMB, a decrease from 224,671,610.56 RMB in the previous period[30] Accounts Receivable and Payable - Accounts receivable increased by 32.10% to CNY 6,962,745.37, attributed to increased sales not yet collected[10] - Accounts receivable rose to CNY 2,855,296.26 from CNY 1,338,583.61, indicating a significant increase of approximately 113.00%[18] - The company reported a total of CNY 28,944,128.19 in accounts payable, up from CNY 16,172,054.23, reflecting an increase of about 79.00%[19] Operating Costs and Expenses - Total operating costs for Q1 2017 were CNY 130,284,076.31, down 10.7% from CNY 146,038,074.28 in the same period last year[20] - Sales expenses decreased to CNY 14,175,015.50 in Q1 2017, down 31.5% from CNY 20,641,405.27 in Q1 2016[20] - Management expenses were CNY 14,852,289.89 in Q1 2017, a reduction of 26.0% compared to CNY 20,063,149.42 in Q1 2016[20] Investment Income - Investment income decreased by 45.96% to CNY 435,506.85, primarily due to reduced returns from bank wealth management products[10] - The company reported an investment income of CNY 435,506.85 in Q1 2017, down from CNY 805,890.41 in the same period last year[25]