金开新能(600821) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 74,050,064.48, down 25.69% year-on-year[5] - Net profit attributable to shareholders of the listed company was a loss of CNY 30,668,928.35, a decrease of 1,643.46% compared to the same period last year[5] - The total profit for Q1 2017 was -25,218,869.33 CNY, compared to a profit of 5,177,826.55 CNY in the same period last year, indicating a significant decline[25] - Basic earnings per share were -CNY 0.07, a decrease of 800% compared to the previous year[5] - Basic and diluted earnings per share for Q1 2017 were both CNY -0.07, compared to CNY 0.01 in the same period last year[22] - Investment income decreased by 6.1577 million, primarily due to a reduction in equity accounting amounts[10] - Investment income for the quarter was CNY 528,240.00, down from CNY 6,685,928.41, a decrease of 92.1%[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,733,843,792.88, a decrease of 1.29% compared to the end of the previous year[5] - Total liabilities amounted to 1.259 billion, compared to 1.251 billion at the beginning of the year[16] - Total assets decreased to CNY 1,934,109,538.60 from CNY 1,952,384,877.83, reflecting a decline of 0.9%[19] - Total liabilities increased to CNY 1,282,666,931.35 from CNY 1,275,723,401.25, marking a rise of 0.7%[19] - Owner's equity decreased to CNY 651,442,607.25 from CNY 676,661,476.58, a decline of 3.7%[19] Cash Flow - The company reported a net cash flow from operating activities of -CNY 44,553,433.23, a decrease of 407.10% year-on-year[5] - Cash inflow from operating activities was 140,184,907.09 CNY, an increase from 130,524,562.39 CNY year-over-year[28] - Cash outflow from operating activities totaled 184,738,340.32 CNY, up from 116,016,607.50 CNY in the previous year, leading to a net cash flow from operating activities of -44,553,433.23 CNY[28] - The company raised 254,000,000.00 CNY through borrowings, compared to 233,000,000.00 CNY in the previous year, reflecting a 9% increase[29] - Net cash flow from financing activities was 71,551,274.72 CNY, significantly higher than 32,121,458.67 CNY in the same quarter last year[29] - The company experienced a net increase in cash and cash equivalents of 26,988,142.49 CNY, down from 46,626,422.11 CNY in the previous year[29] Shareholder Information - The number of shareholders at the end of the reporting period was 36,343[8] - The largest shareholder, Tianjin Quanye Hualian Group Co., Ltd., held 54,918,156 shares, accounting for 13.19% of total shares[8] Expenses - Management expenses increased by 7.3579 million, primarily due to increased employee compensation[10] - Financial expenses increased by 10.1972 million, mainly due to increased bond interest[10] - The company reported a significant increase in financial expenses, rising to CNY 12,447,263.12 from CNY 2,250,033.64, an increase of 453.1%[21] Operational Changes - Construction in progress increased from 3.495 million to 5.832 million, a rise of 66.86%, mainly due to increased computer engineering[10] - Notes payable decreased from 50 million to 0, a reduction of 100%, primarily due to bank acceptance discharge[10] - Interest payable increased from 13.544 million to 18.794 million, an increase of 38.76%, mainly due to accrued bond interest[10] - Total operating costs increased slightly to CNY 104,630,118.08 from CNY 104,465,336.84, with operating costs specifically decreasing to CNY 57,718,748.31 from CNY 75,687,919.79, a reduction of 23.7%[21] Sales Performance - The company reported a cash inflow from sales of goods and services of 87,335,832.21 CNY, down from 124,493,868.74 CNY year-over-year, representing a decline of approximately 30%[27] - Total cash outflow for purchasing goods and services was 144,301,956.91 CNY, compared to 85,575,440.98 CNY in the previous year, indicating a 68% increase[28]