建设机械(600984) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 253,264,246.16, representing a year-on-year increase of 13.12%[6] - Net profit attributable to shareholders was a loss of CNY 10,174,545.89, an improvement from a loss of CNY 22,408,728.87 in the same period last year[6] - The weighted average return on net assets increased by 0.40 percentage points to -0.32%[6] - The company reported a net loss of CNY -260,791,323.71, compared to a loss of CNY -256,524,840.16 in the previous period[29] - The net loss for Q1 2017 was CNY 10,318,775.86, an improvement from a net loss of CNY 22,457,646.09 in Q1 2016[34] - Operating profit for Q1 2017 was a loss of CNY 4,705,184.15, compared to a loss of CNY 21,498,616.10 in Q1 2016[33] - The total comprehensive loss for Q1 2017 was CNY 10,318,775.86, compared to CNY 22,457,646.09 in Q1 2016[34] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 24,410,256.18, compared to an outflow of CNY 39,737,801.63 in the previous year[6] - The net cash flow from operating activities improved to -24,410,256.18 RMB, a 38.57% increase compared to the previous period[15] - Cash inflow from operating activities was 46,223,681.46 RMB, slightly higher than 43,953,058.71 RMB in the previous year, showing a growth of 5.2%[44] - Operating cash flow for Q1 2017 was negative at -2,423,284.83 RMB, an improvement from -4,835,106.25 RMB in the same period last year, indicating a 50.1% reduction in cash outflow[44] - Cash received from other operating activities increased by 57.47% to 68,818,535.78 RMB, primarily due to an increase in receivables[15] - The total cash and cash equivalents decreased by 76,092,624.91 RMB during the quarter, compared to a decrease of 173,116,331.33 RMB in the previous year, indicating improved cash management[42] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 5,557,161,809.97, an increase of 0.59% compared to the end of the previous year[6] - Total current liabilities increased to CNY 2,273,124,675.33 from CNY 2,240,524,239.17, reflecting a growth of approximately 1.9%[29] - The company's total liabilities rose to CNY 2,366,195,889.02 compared to CNY 2,330,231,228.24, marking an increase of about 1.5%[29] - Current assets totaled CNY 778,285,981.89, up from CNY 766,144,172.54, indicating a growth of around 1.5%[31] - The company's cash and cash equivalents decreased to CNY 92,717,887.34 from CNY 115,712,415.86, a decline of approximately 20%[31] - Accounts receivable slightly decreased to CNY 291,461,417.91 from CNY 295,065,696.34, a reduction of about 1.2%[31] - Inventory remained stable at CNY 193,539,730.67, showing a minor increase from CNY 192,935,653.90[31] - The total equity attributable to shareholders decreased to CNY 3,189,542,135.13 from CNY 3,193,361,203.98, a decline of approximately 0.1%[29] Investment Activities - The company raised 634,999,996.36 RMB through a private placement of 87,950,138 shares at 7.22 RMB per share, with a net amount of 599,512,140.20 RMB after deducting issuance costs[16] - The company plans to invest 300,000,000.00 RMB in Pangyuan Leasing and 200,000,000.00 RMB in Tianceng Machinery from the raised funds[17] - Cash paid for the acquisition of fixed assets and other long-term assets surged by 535.62% to 59,571,436.04 RMB[15] - The cash flow from investment activities turned negative at -59,571,436.04 RMB, reflecting increased capital expenditures[15] - Investment activities resulted in a net cash outflow of -59,571,436.04 RMB, compared to -8,845,193.68 RMB in the previous year, indicating a significant increase in investment spending[42] Shareholder Information - The company had a total of 49,225 shareholders at the end of the reporting period[9] - As of March 31, 2017, the balance of the special account for raised funds was 30,379,297.45 RMB, with interest income of 379,297.45 RMB[18] Other Income and Expenses - Non-operating income decreased by 76.43% to CNY 330,360.95, primarily due to a reduction in government subsidies[13] - The company reported a decrease in asset impairment losses, which fell by 514.96% to CNY -7,484,846.71[13] - The company reported a decrease in tax refunds received by 67.81% to 247,265.00 RMB, mainly due to reduced tax refund amounts[15] - Sales expenses increased to CNY 6,542,410.60 in Q1 2017, up from CNY 5,785,018.43 in Q1 2016[33] - Management expenses rose to CNY 47,141,231.06 in Q1 2017, compared to CNY 43,673,150.63 in Q1 2016[33]