惠泉啤酒(600573) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 117,452,713.93, representing a year-on-year increase of 1.72%[6] - The net profit attributable to shareholders was a loss of CNY 9,529,473.68, an improvement from a loss of CNY 13,446,034.31 in the same period last year[6] - Operating profit for the current period is -10,039,521.29, an improvement from -13,713,161.64 in the previous period, indicating a reduction in losses by approximately 26.5%[18] - Net profit for the current period is -10,064,327.58, compared to -13,710,347.93 in the previous period, showing a decrease in losses of about 26.5%[19] - Total comprehensive income for the current period is -1,706,546.22, an improvement from -6,808,464.42 in the previous period, indicating a reduction in losses of about 75%[20] Cash Flow - The net cash flow from operating activities was CNY 6,011,551.54, a significant recovery from a negative cash flow of CNY -9,535,659.11 in the previous year[6] - Cash flow from operating activities generated a net cash inflow of 6,011,551.54, a significant turnaround from a net outflow of -9,535,659.11 in the previous period[22] - The net cash flow from operating activities for Q1 2018 was -41,721.88 RMB, compared to -12,240,391.49 RMB in the same period last year, indicating a significant improvement in operational cash flow[24] - Total cash outflow from operating activities was 101,490,528.42 RMB, a decrease from 109,054,031.79 RMB in the previous year, showing a reduction of about 6.4%[24] - The total cash and cash equivalents decreased by 460,995,859.83 RMB during the quarter, compared to a decrease of 381,972,721.38 RMB in the previous year[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,214,456,761.95, a slight increase of 0.22% compared to the end of the previous year[6] - Current assets totaled CNY 767,417,827.71, compared to CNY 759,251,935.51 at the start of the year, reflecting a growth of approximately 1.5%[10] - Total liabilities increased from CNY 88,243,749.96 to CNY 101,017,465.46, marking a growth of approximately 14.5%[12] - Owner's equity decreased from CNY 1,123,503,624.07 to CNY 1,113,439,296.49, a decline of about 0.1%[12] - The company reported a decrease in cash and cash equivalents from CNY 527,386,607.55 to CNY 141,331,681.33, a significant drop of approximately 73.3%[10] Shareholder Information - The number of shareholders at the end of the reporting period was 14,621[8] - The largest shareholder, Beijing Yanjing Beer Co., Ltd., held 50.08% of the shares[8] Investment Activities - The company reported a significant increase of 372.80% in prepayments, totaling CNY 9,314,330.79, mainly due to increased advance payments for raw materials and equipment[9] - Investment income increased by 289.11% to CNY 1,694,602.17, primarily from increased bank wealth management returns[9] - The net cash flow from investment activities was -460,954,137.95 RMB, compared to -369,732,329.89 RMB in the previous year, indicating increased investment expenditures[24] - Cash outflow for purchasing fixed assets and intangible assets was 2,648,740.12 RMB, significantly higher than 167,836.74 RMB in the same period last year[24] - The total cash inflow from investment activities was 1,694,602.17 RMB, up from 435,506.85 RMB year-over-year, marking an increase of approximately 288.5%[24]