南宁百货(600712) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue declined by 9.50% to CNY 526,793,255.73 year-on-year[6] - Net profit attributable to shareholders was CNY -180,758.02, a decrease of 124.42% compared to the same period last year[6] - Basic and diluted earnings per share were both CNY -0.0003, down 121.43% from CNY 0.0014 in the same period last year[6] - Total operating revenue for Q1 2017 was CNY 526,793,255.73, a decrease of 9.5% compared to CNY 582,067,147.30 in the same period last year[31] - Total operating costs for Q1 2017 were CNY 526,528,703.59, down 9.2% from CNY 579,865,224.34 year-over-year[31] - Net profit for Q1 2017 was CNY -180,758.02, compared to a net profit of CNY 740,276.14 in Q1 2016, representing a significant decline[32] - The company reported a total profit of CNY 1,130,114.46 for Q1 2017, down from CNY 2,724,551.20 in the same period last year[32] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -256,648,280.40, a 201.86% increase in outflow compared to the previous year[16] - Cash flow from operating activities for Q1 2017 was CNY -256,648,280.40, compared to CNY -85,021,791.67 in Q1 2016, indicating worsening cash flow[35] - The total cash outflow from operating activities was 737,183,066.19 RMB, compared to 574,501,363.69 RMB in the previous year, indicating higher operational costs[38] - The company reported a net decrease in cash and cash equivalents of -148,404,523.96 RMB for the quarter, compared to -80,690,653.21 RMB in the previous year, highlighting ongoing cash flow challenges[38] Assets and Liabilities - Total assets decreased by 9.46% to CNY 2,030,522,481.49 compared to the end of the previous year[6] - Total assets decreased from CNY 2,242,623,263.48 to CNY 2,030,522,481.49, a reduction of approximately 9.45%[24] - Total liabilities decreased from CNY 1,180,771,043.89 to CNY 968,851,019.92, a reduction of approximately 18.00%[25] - Total equity decreased from CNY 1,061,852,219.59 to CNY 1,061,671,461.57, a slight decrease of approximately 0.02%[25] - Cash and cash equivalents decreased by 49.18% from CNY 414,026,425.55 at the beginning of the period to CNY 210,391,698.05 at the end of the period[18] - Other current assets decreased by 50.16% from CNY 28,370,546.45 to CNY 14,140,598.32[18] - Short-term borrowings increased by 46.15% from CNY 130,000,000.00 to CNY 190,000,000.00[18] - Accounts payable decreased by 38.03% from CNY 519,539,770.25 to CNY 321,939,085.11[18] - Tax payable decreased by 55.80% from CNY 4,297,380.44 to CNY 1,899,587.68[18] Expenses - Sales expenses decreased by 36.02% to CNY 21,468,597.73, primarily due to reduced promotional and advertising costs[9] - Financial expenses decreased by 40.50% to CNY 2,587,038.30, attributed to a reduction in loan amounts and corresponding interest expenses[9] Non-Operating Income - The company reported a significant increase in non-operating income, which rose by 871.89% to CNY 850,003.80[9] Shareholder Information - The number of shareholders reached 30,423, with the largest shareholder holding 18.24% of the shares[8] Inventory - Inventory increased from CNY 137,810,130.45 to CNY 143,618,209.56, an increase of approximately 4.00%[23] Management Focus - Management indicated a focus on improving operational efficiency and exploring new market opportunities in future quarters[32]