北矿科技(600980) - 2016 Q1 - 季度财报

Financial Performance - Operating revenue fell by 19.72% to CNY 69,887,743.61 year-on-year[7] - Net profit attributable to shareholders decreased by 48.61% to CNY 5,733,731.03[7] - Basic and diluted earnings per share both decreased by 48.78% to CNY 0.0377[7] - The company's net profit attributable to shareholders decreased by 48.61% year-on-year, amounting to ¥5,733,731.03, influenced by seasonal factors and economic conditions[16] - Total operating revenue for Q1 2016 was ¥69,887,743.61, a decrease of 19.6% compared to ¥87,053,250.04 in the same period last year[31] - Net profit for Q1 2016 was ¥5,733,731.03, a decline of 48.7% from ¥11,157,036.25 in Q1 2015[33] - The company reported an asset impairment loss of ¥4,256,924.76, which is significantly higher than the ¥2,307,194.23 reported in the same period last year[32] - The company’s total profit for Q1 2016 was ¥6,522,557.62, down 43.5% from ¥11,598,429.63 in Q1 2015[32] - The company’s total comprehensive income for Q1 2016 was ¥5,733,731.03, a decrease of 48.7% compared to ¥11,157,036.25 in the same period last year[33] Cash Flow - Cash flow from operating activities was negative at CNY -46,949,560.21, compared to CNY -20,087,752.41 in the same period last year[7] - Operating cash flow net amount was -¥46,949,560.21, a significant decline compared to -¥20,087,752.41 in the same period last year, indicating reduced sales collections[17] - The net cash flow from operating activities was -46,949,560.21 RMB, compared to -20,087,752.41 RMB in the previous period, indicating a decline of approximately 133.5%[38] - Total cash inflow from operating activities was 53,624,489.89 RMB, while cash outflow was 100,574,050.10 RMB, resulting in a net cash outflow of 46,949,560.21 RMB[38] - The total cash outflow for operating activities was 30,810,429.57 RMB, compared to 52,487,377.04 RMB in the previous period, showing a decrease of about 41.3%[41] Assets and Liabilities - Total assets decreased by 2.84% to CNY 733,673,743.96 compared to the end of the previous year[7] - The company's current assets totaled CNY 460,348,945.41, down from CNY 483,791,575.32 at the start of the year, indicating a decline of approximately 4.5%[22] - Total liabilities decreased to CNY 245,830,312.61 from CNY 273,515,139.96, a reduction of approximately 10.1%[24] - Total liabilities as of the end of Q1 2016 were ¥123,379,027.36, an increase of 7.5% from ¥115,293,325.01 at the end of the previous year[28] - The expected liabilities decreased by 70.56% to ¥250,000.00, related to anticipated employee settlement costs[15] Shareholder Information - The total number of shareholders reached 18,849 at the end of the reporting period[11] - The largest shareholder, Beijing General Research Institute of Mining & Metallurgy, holds 40.00% of shares[11] - The company has a total of 10 major shareholders holding unrestricted shares, with the largest being Beijing General Research Institute of Mining & Metallurgy, holding 52,000,000 shares[12] - The company has committed to not reducing its shareholding in Beikong Magnetic Materials for six months starting from July 10, 2015, to stabilize the stock price[19] Other Financial Metrics - Cash and cash equivalents decreased to CNY 131,137,852.89 from CNY 179,715,569.29, representing a decline of about 27%[22] - Accounts receivable decreased by 37.67% to ¥22,423,720.84 due to a decline in revenue[15] - Short-term borrowings increased by 29.17% to ¥15,500,000.00, reflecting an increase in bank loans[15] - Sales expenses decreased by 31.88% to ¥2,253,501.92, attributed to reduced freight costs[16] - The company reported a 240.17% increase in non-operating income, reaching ¥1,746,056.70, due to tax incentives received[16] - The cash flow from financing activities decreased to ¥3,875,243.97, down from ¥9,013,154.81 in the previous year[17] - The company received 3,500,000.00 RMB from borrowings during the financing activities, which is a new source of cash inflow[42] - The company paid 173,546.53 RMB in dividends and interest during the financing activities, reflecting ongoing financial commitments[42]