上海凤凰(600679) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue fell by 42.75% to CNY 164,170,312.39 year-on-year[6] - Net profit attributable to shareholders decreased by 51.39% to CNY 5,083,401.17[6] - Basic and diluted earnings per share both dropped by 51.54% to CNY 0.0126[6] - Revenue declined by 42.75% from CNY 286,772,157.28 to CNY 164,170,312.39 primarily due to a decrease in bicycle sales[10] - Net profit for Q1 2018 was CNY 5,595,233.31, a decline of 63.8% from CNY 15,458,414.43 in Q1 2017[18] - Basic earnings per share for Q1 2018 were CNY 0.0126, down from CNY 0.0260 in the same period last year, a decline of 51.5%[18] - The total comprehensive income for Q1 2018 was CNY -2,631,317.15, a decrease from CNY 10,145,264.95 in Q1 2017, reflecting a decline of 126%[18] Cash Flow - The net cash flow from operating activities was negative at CNY -25,181,936.20[6] - The net cash flow from investing activities was CNY -77,074,374.06, a significant increase in cash outflow compared to CNY -11,303,784.34 in the previous period[11] - The net cash flow from financing activities was CNY -41,477,206.95, reflecting repayment of bank loans without new borrowings[11] - The net cash flow from operating activities for the first quarter of 2018 was -25,181,936.20 RMB, compared to -23,720,883.95 RMB in the same period last year, indicating a decline in operational performance[21] - Total cash inflow from operating activities decreased to 207,013,786.58 RMB, down 18.7% from 254,879,136.12 RMB year-over-year[21] - Cash outflow from investing activities was significantly higher at 138,655,035.52 RMB, compared to 34,852,741.62 RMB in the previous year, resulting in a net cash flow of -77,074,374.06 RMB from investing activities[21] - The net cash flow from financing activities was -41,477,206.95 RMB, compared to -29,847,783.86 RMB in the same quarter last year, reflecting increased financial pressure[21] Assets and Liabilities - Total assets decreased by 6.17% to CNY 1,782,039,908.60 compared to the end of the previous year[6] - Cash and cash equivalents decreased by 44.21% from CNY 333,747,739.47 to CNY 186,203,666.15 due to payments for goods and bank loans[10] - The company reported a 100% decrease in held-for-sale assets, dropping to zero from CNY 32,737,545.14 due to the sale of Jiangsu Leimeng equity[10] - The company’s total liabilities decreased from CNY 499,241,772.79 to CNY 382,654,202.89, reflecting a reduction in financial obligations[15] - The company's total assets as of March 31, 2018, were CNY 1,469,992,661.20, a slight decrease from CNY 1,484,036,212.98 at the beginning of the year[17] - Current liabilities totaled CNY 195,990,384.68, down from CNY 199,270,532.75 at the start of the year, reflecting a decrease of 1.6%[17] - The company's equity attributable to shareholders was CNY 1,244,572,757.54, down from CNY 1,253,277,553.46 at the beginning of the year, indicating a decrease of 0.7%[17] Shareholder Information - The total number of shareholders reached 45,430 at the end of the reporting period[9] - The largest shareholder, Shanghai Jinshan District State-owned Assets Supervision and Administration Commission, holds 29.18% of shares[9] - Jiangsu Meile Investment Co., Ltd. holds 10.93% of shares, with a portion pledged[9] Investment Income - Investment income increased by 287.19% from CNY 2,361,566.60 to CNY 9,143,652.53 due to the sale of Jiangsu Leimeng equity[10] - The company reported an investment income of CNY 9,143,652.53 for Q1 2018, significantly up from CNY 2,361,566.60 in the previous year, an increase of 286.5%[18] - Other receivables increased by 114.65% from CNY 32,691,856.05 to CNY 70,173,673.05, resulting from the sale of Jiangsu Leimeng equity[10] Operating Costs - Operating costs decreased by 42.71% from CNY 239,941,961.15 to CNY 137,466,921.28, attributed to reduced procurement and labor costs[10] - Total operating costs for Q1 2018 were CNY 167,929,492.96, down 38.3% from CNY 271,462,202.70 year-on-year[18]