中国西电(601179) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 2,412,756,514.25, a decline of 2.66% year-on-year[6] - Net profit attributable to shareholders decreased by 44.66% to CNY 163,033,234.56 compared to the same period last year[6] - Basic earnings per share fell by 42.37% to CNY 0.034[6] - Total profit decreased by 42.45% to ¥198,312,192.21, attributed to a decline in gross profit margin and increased expenses[15] - Total operating revenue for Q1 2018 was CNY 2,468,415,825.80, a decrease of 2.9% from CNY 2,542,526,203.21 in the same period last year[29] - Net profit for Q1 2018 was CNY 167,331,695.93, down 45.3% from CNY 305,187,696.88 in Q1 2017[30] - The company reported an operating profit of CNY 199,070,425.91, a decline of 42.7% compared to CNY 346,918,707.74 in Q1 2017[30] - Earnings per share (EPS) for Q1 2018 was CNY 0.034, down from CNY 0.059 in the same quarter last year[31] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 1,744,775,113.59, compared to a net outflow of CNY 758,024,151.37 in the previous year[6] - Cash flow from operating activities decreased by 53.17% to ¥70,356,048.88, due to a lack of factoring business this period[16] - Cash received from sales of goods and services decreased by 41.83% to ¥1,652,951,938.19, reflecting reduced cash recovery from sales[15] - The total cash inflow from operating activities was 1,622,889,600.65 RMB, compared to 3,316,147,554.68 RMB in the prior period, representing a decrease of about 51%[37] - The net cash flow from operating activities was -1,744,775,113.59 RMB, a decrease from -758,024,151.37 RMB in the previous period, indicating a worsening cash flow situation[37] - The ending balance of cash and cash equivalents was 5,831,436,257.59 RMB, down from 7,950,873,438.41 RMB, reflecting a decrease of about 27%[38] Assets and Liabilities - Total assets decreased by 3.86% to CNY 32,395,696,344.88 compared to the end of the previous year[6] - Total current assets decreased from CNY 25,140,820,445.87 to CNY 23,856,471,252.04, a decline of approximately 5.1%[21] - Cash and cash equivalents decreased from CNY 7,801,505,532.84 to CNY 6,611,078,698.99, representing a decrease of about 15.3%[21] - Total liabilities decreased from CNY 13,304,453,296.43 to CNY 11,803,093,932.83, a reduction of approximately 11.3%[23] - Non-current assets totaled CNY 8,539,225,092.84, slightly down from CNY 8,556,784,563.72, indicating a decrease of about 0.2%[22] - The company's equity attributable to shareholders increased from CNY 19,332,307,431.27 to CNY 19,527,470,628.11, an increase of approximately 1.0%[23] Shareholder Information - The total number of shareholders reached 150,339[10] - The largest shareholder, China Xidian Group Co., Ltd., holds 51.29% of the shares[10] Financial Activities - Financial expenses increased by 234.99% to ¥47,239,415.98, mainly due to increased exchange losses[15] - The company did not engage in investment activities this period, resulting in a 100% decrease in cash paid for investment activities[16] - The company received 700,000,000.00 RMB from the recovery of investments, a significant increase from 106,000,000.00 RMB in the previous period[41] - The cash outflow for investment activities was 298,629,200.00 RMB, compared to 133,287,456.00 RMB in the prior period, indicating an increase of approximately 124%[41] Future Outlook - The company anticipates potential significant changes in net profit compared to the previous year, but no specific details were provided[18] - The company plans to focus on market expansion and new product development in the upcoming quarters[30]