电科芯片(600877) - 2016 Q1 - 季度财报

Financial Performance - Operating revenue fell by 51.32% to CNY 163,726,636.45 compared to the same period last year[5] - Net profit attributable to shareholders was -CNY 85,004,312.23, a decline of 151.30% year-on-year[5] - Basic and diluted earnings per share were both -CNY 0.1237, representing a decrease of 151.42% compared to the previous year[5] - Net profit for Q1 2016 was a loss of CNY 85,580,712.77, compared to a loss of CNY 34,073,121.45 in the previous period[25] - The company's gross profit margin for Q1 2016 was negative, indicating a challenging operating environment[25] - The net profit for Q1 2016 was a loss of ¥79,324,953.84, compared to a loss of ¥23,414,333.41 in Q1 2015, indicating a significant decline in profitability[26] Asset and Liability Changes - Total assets decreased by 7.12% to CNY 1,866,361,507.86 compared to the end of the previous year[5] - The company's total assets decreased to CNY 2,127,929,520.81 from CNY 2,349,002,419.99 at the beginning of the year, a decline of 9.4%[22] - The company's total liabilities decreased to CNY 2,066,099,549.69 from CNY 2,208,516,463.31, a reduction of 6.4%[22] - The company's long-term equity investments increased to CNY 337,693,073.83 from CNY 287,792,506.09, an increase of 17.4%[21] - The company's total liabilities decreased to ¥1.90 billion from ¥2.02 billion, reflecting a reduction in short-term borrowings[18] Cash Flow Analysis - Cash flow from operating activities showed a net outflow of -CNY 84,922,854.96, worsening by 127.30% compared to the same period last year[5] - The cash flow from operating activities showed a net outflow of ¥84,922,854.96, worsening from a net outflow of ¥37,362,171.15 in the previous year[28] - Operating cash inflow totaled $349,848,671.06, a decrease from $473,545,383.48 in the previous period[32] - Net cash flow from operating activities was -$16,406,059.12, compared to $40,339,403.50 previously[32] - Cash inflow from investment activities was $69,962,000.00, up from $23,110,873.13[32] Shareholder Information - The total number of shareholders reached 93,374 at the end of the reporting period[9] - The largest shareholder, China Ordnance Equipment Group, holds 22.34% of the shares[9] Expense and Income Changes - Management expenses increased significantly by ¥43.82 million or 123.39%, mainly due to increased social security contributions[11] - The company reported a total non-operating income of CNY 1,281,235.86 during the period[7] - The investment income for Q1 2016 was ¥5,875,567.74, down from ¥7,519,664.66 in the same period last year, reflecting a decline in investment performance[26] - Cash paid to employees increased to $52,060,318.50 from $33,845,515.47[32] Other Financial Indicators - Significant changes in financial indicators were noted, including an increase in accounts receivable due to higher bill receipts[10] - The company reported an increase in asset impairment losses of ¥2.62 million, primarily due to higher bad debt provisions[11] - Other current assets increased by ¥9.16 million or 68.22%, reflecting improved management of current assets[12] - Cash and cash equivalents decreased to ¥320.94 million from ¥436.75 million, indicating a liquidity contraction[16]