北矿科技(600980) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue increased by 10.26% to CNY 77,060,715.93 compared to the same period last year[8] - Net profit attributable to shareholders decreased by 29.75% to CNY 4,027,821.09 compared to the same period last year[8] - Basic earnings per share decreased by 29.71% to CNY 0.0265[8] - The company's net profit margin for Q1 2017 was approximately 4.5%[24] - The net profit for Q1 2017 was CNY 4,027,821.09, down 29.83% from CNY 5,733,731.03 in Q1 2016[25] - The basic and diluted earnings per share for Q1 2017 were CNY 0.0265, a decrease of 29.57% from CNY 0.0377 in the previous year[25] - The total comprehensive income for Q1 2017 was CNY 4,027,821.09, reflecting a decrease of 29.83% from CNY 5,733,731.03 in Q1 2016[25] Assets and Liabilities - Total assets decreased by 1.74% to CNY 760,289,574.80 compared to the end of the previous year[8] - Total current assets decreased to CNY 494,008,534.45 from CNY 502,837,840.03, a decline of 1.7%[20] - Total liabilities decreased to CNY 236,504,794.71 from CNY 254,193,010.01, a reduction of 6.9%[20] - The total equity attributable to shareholders increased to CNY 523,784,780.09 from CNY 519,573,992.91, a growth of 0.4%[20] - Cash and cash equivalents decreased to CNY 84,045,027.62 from CNY 109,940,419.42, a decline of 23.5%[20] Cash Flow - Cash flow from operating activities improved by 54.78%, reaching a net amount of -CNY 21,230,052.32[8] - The company reported a net cash outflow from operating activities of CNY -21,230,052.32, an improvement from CNY -46,949,560.21 in Q1 2016[28] - Total cash inflow from financing activities amounted to $1,000,000.00, while cash outflow was $4,112,687.50, resulting in a net cash flow of -$3,112,687.50[34] - The company experienced a net decrease in cash and cash equivalents of -$1,476,178.13 during the period[34] - Total cash outflow from operating activities was $8,958,873.84, compared to $30,810,429.57 in the previous period, indicating a reduction in cash outflows[34] Inventory and Receivables - Inventory increased by 28.91% to CNY 102,159,058.17 due to an increase in production materials[15] - Accounts receivable increased to CNY 217,062,803.44 from CNY 210,259,732.53 at the beginning of the year, reflecting a growth of 3.5%[20] - Inventory levels rose to CNY 102,159,058.17, up 29.0% from CNY 79,250,148.95 at the start of the year[20] Operating Costs and Expenses - Total operating costs for Q1 2017 were CNY 73,580,023.85, up 12.9% from CNY 65,105,205.81 in Q1 2016[24] - Sales expenses increased by 80.40% to CNY 4,065,228.02 due to higher freight and sales personnel incentives[17] - Financial expenses changed significantly, with a net increase of CNY 489,069.67 due to reduced interest income from deposits[17] - The company incurred a total operating cost of CNY 3,305,755.39 in Q1 2017, which was 61.77% of the operating revenue[26] Investment Activities - The company reported an investment income of CNY 3,572.70 in Q1 2017, a recovery from a loss of CNY -40.33 in Q1 2016[27] - The company’s cash outflow from investing activities was CNY 1,660,831.98, a decrease from CNY 4,954,709.66 in the previous year[31] - Cash flow from investment activities was negative at -$15,935.00, indicating a decrease in investment outflows compared to -$1,151.33 in the previous period[34]