陕鼓动力(601369) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 786,769,874.19, down 22.49% year-on-year[4] - Net profit attributable to shareholders was CNY 29,450,080.22, a decrease of 60.94% compared to the same period last year[4] - Basic earnings per share were CNY 0.03, down 50.00% from CNY 0.06 in the previous year[4] - The company’s net profit attributable to shareholders was 57.09 million yuan, a decrease of 43.96% from 101.87 million yuan in the previous period[12] - The company’s basic and diluted earnings per share were both 0.03 yuan, down 50.00% from 0.06 yuan[13] - Net profit for Q1 2017 was ¥57,230,793.48, a decline of 42.6% compared to ¥99,624,198.33 in Q1 2016[28] - The net profit attributable to shareholders of the parent company was ¥57,089,941.98, down 44.0% from ¥101,870,021.99 in the previous year[28] - Operating revenue for the current period is ¥468,002,184.91, a decrease of 31.9% compared to ¥687,012,589.92 in the previous period[30] - Net profit for the current period is ¥62,405,702.24, down 25.5% from ¥83,781,434.22 in the previous period[30] Cash Flow - The net cash flow from operating activities was CNY -235,166,855.59, indicating a worsening cash flow situation compared to CNY -151,887,307.41 in the previous year[4] - The company’s cash flow from operating activities showed a net outflow of 235.17 million yuan, an increase of 54.83% compared to 151.89 million yuan in the previous period[12] - Cash flow from operating activities shows a net outflow of ¥235,166,855.59, worsening from a net outflow of ¥151,887,307.41 in the previous period[32] - Total cash inflow from operating activities was 439,202,746.54 RMB, down 20.3% from 551,534,011.58 RMB[35] - Total cash outflow from operating activities increased to 631,726,614.47 RMB, compared to 579,664,562.34 RMB, marking an increase of 9%[35] - The net increase in cash and cash equivalents was -375,010,226.25 RMB, worsening from -91,289,320.03 RMB in the previous period[35] Assets and Liabilities - Total assets at the end of the reporting period were CNY 14,643,332,732.33, a decrease of 0.03% compared to the end of the previous year[4] - The company's current assets totaled RMB 11.49 billion, a decrease of approximately 2.12% from RMB 11.74 billion at the beginning of the year[21] - Total liabilities were reported at RMB 8.27 billion, down from RMB 8.33 billion, showing a decrease of approximately 0.8%[23] - The company's equity attributable to shareholders reached RMB 6.12 billion, an increase from RMB 6.06 billion, marking a growth of about 1%[23] - Total assets as of March 31, 2017, were ¥12,883,390,814.44, an increase from ¥12,731,375,410.06 at the beginning of the year[25] - Total liabilities as of March 31, 2017, were ¥6,661,535,890.36, up from ¥6,572,921,127.85 at the start of the year[25] Shareholder Information - The total number of shareholders at the end of the reporting period was 33,858[7] - The largest shareholder, Shaanxi Guofeng Machine (Group) Co., Ltd., held 58.57% of the shares[8] Contracts and Projects - The company signed a milestone project with Hebei Zongheng Group for 4 sets of 50,000 air separation units, marking the largest bid in the metallurgy industry for air separation units[10] - The company signed a contract for a water treatment project with Hebei Xing'an Civil Explosives Co., achieving zero discharge of industrial wastewater in the industrial park[10] - A significant contract worth RMB 545 million was terminated due to policy adjustments, impacting future revenue projections[17] Research and Development - The company’s research and development capabilities were enhanced, with the "natural gas transmission pipeline compressor unit" achieving domestic advanced level recognition[11] Market Expansion - The company is actively expanding its overseas market presence, with the first export of products to Brunei through a contract with Hengyi Industries for a 1 million tons/year flexible coking project[10] Financial Changes - The company’s financial expenses increased significantly, with a loss of 6.90 million yuan compared to a gain of 9.90 million yuan in the previous period, reflecting a 169.70% change[12] - The company reported a tax expense of ¥6,871,667.34, down from ¥13,247,938.51 in the previous period, a decrease of 48.2%[30]