龙溪股份(600592) - 2016 Q1 - 季度财报

Financial Performance - Operating revenue fell by 10.56% to CNY 133,602,089.24 year-on-year[6] - Net profit attributable to shareholders decreased by 76.05% to CNY 2,965,443.03 compared to the same period last year[6] - Total profit decreased by 89.18% to CNY 1,461,462.01 compared to the previous year[10] - Non-operating income amounted to CNY 4,139,790.65, a decrease of 8.62% year-on-year[10] - Total revenue for Q1 2016 was CNY 133,602,089.24, a decrease of 10.56% compared to CNY 149,378,004.54 in the same period last year[28] - Total operating costs for Q1 2016 were CNY 140,233,454.71, down from CNY 146,301,316.24, reflecting a reduction of 4.58%[28] - Net profit attributable to the parent company for Q1 2016 was CNY 2,965,443.03, a decline of 76.02% from CNY 12,380,302.24 in the previous year[29] - The company reported a comprehensive loss of CNY 74,085,259.32 for Q1 2016, compared to a comprehensive income of CNY 41,768,178.72 in the same period last year[29] - The net profit for Q1 2016 was ¥8,016,135.27, down 50.19% from ¥16,096,431.97 in the same period last year[31] Cash Flow - Cash flow from operating activities showed a significant decline of 945.46%, resulting in a negative cash flow of CNY -22,827,642.72[6] - Cash flow from operating activities decreased by CNY 46.30 million due to a lower cash settlement ratio for product sales[18] - The net cash flow from operating activities decreased by 945.46% to -22,827,642.72 RMB compared to the same period last year[20] - The net cash flow from financing activities decreased by 109.01% to -1,280,421.78 RMB compared to the same period last year[20] - The company reported cash inflows from investment activities of ¥183,067,162.48, down from ¥902,948,653.27 in the previous year[34] - The cash outflow from investment activities was ¥158,619,894.32, compared to ¥891,885,176.22 in the same period last year[34] Assets and Liabilities - Total assets decreased by 4.27% to CNY 2,684,141,827.09 compared to the end of the previous year[6] - Total assets decreased from 2,803,813,648.94 RMB at the beginning of the year to 2,684,141,827.09 RMB at the end of the period[24] - The total liabilities decreased by CNY 46.20 million, a reduction of 6.55% compared to the previous period[14] - The total liabilities decreased to CNY 420,175,963.73 from CNY 460,885,919.88, representing a reduction of 8.83%[27] - The total equity decreased from 2,097,963,356.98 RMB to 2,024,493,292.50 RMB[24] - The company's cash and cash equivalents decreased from 288,978,637.91 RMB to 283,715,059.76 RMB[23] - Accounts receivable increased from 180,163,644.87 RMB to 199,546,013.75 RMB[23] - Inventory decreased from 333,418,801.50 RMB to 319,127,483.79 RMB[23] Shareholder Information - The company reported a total of 26,610 shareholders at the end of the reporting period[9] - The largest shareholder, Zhangzhou Jiulongjiang Group Co., Ltd., holds 37.85% of the shares[9] Future Plans and Commitments - The company is planning a significant asset restructuring involving the issuance of shares to purchase assets, with stock trading suspended since April 11, 2016[18] - The company committed to reducing related party transactions and ensuring fair pricing to protect minority shareholders' interests[21]