西部黄金(601069) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue fell by 50.64% to CNY 160,900,944.40 year-on-year[6] - Net profit attributable to shareholders decreased by 134.47% to a loss of CNY 18,486,131.46[6] - Basic earnings per share decreased by 134.52% to a loss of CNY 0.0291[6] - The weighted average return on net assets decreased by 4.21 percentage points to -1.11%[6] - Net profit for Q1 2018 was a loss of CNY 18,486,131.46, compared to a profit of CNY 53,622,101.86 in Q1 2017[24] - Basic and diluted earnings per share for Q1 2018 were both CNY -0.0291, down from CNY 0.0843 in the same period last year[24] - The total operating profit for the quarter was -6,139,086.26 RMB, a decline from -5,154,277.68 RMB year-over-year[27] Cash Flow - Net cash flow from operating activities dropped by 91.62% to CNY 10,481,450.25[6] - Operating cash flow for Q1 2018 was 10,481,450.25 RMB, a significant decrease of 91.6% from 125,069,036.76 RMB in Q1 2017[29] - Total cash outflow from operating activities was 150,372,148.26 RMB, compared to 202,947,460.33 RMB in the previous year, reflecting a reduction of 26.0%[29] - Cash outflow from operating activities amounted to $198.37 million, compared to $260.12 million in the previous year[33] - The company reported a total cash inflow from operating activities of $152.88 million, down from $343.97 million in the previous year[33] Assets and Liabilities - Total assets decreased by 2.28% to CNY 2,418,352,856.72 compared to the end of the previous year[6] - Total liabilities decreased to RMB 755,362,752.23 from RMB 793,864,574.11, reflecting a reduction in current liabilities[16] - The company's total equity as of the reporting date was RMB 1,662,990,104.49, down from RMB 1,681,038,595.52 at the beginning of the year[16] - Total assets at the end of Q1 2018 were CNY 2,340,698,145.72, a decrease from CNY 2,406,633,008.11 at the beginning of the year[20] - Total liabilities at the end of Q1 2018 were CNY 980,146,562.54, down from CNY 1,039,903,696.83 at the beginning of the year[20] - Total equity at the end of Q1 2018 was CNY 1,360,551,583.18, slightly down from CNY 1,366,729,311.28 at the beginning of the year[20] Shareholder Information - The total number of shareholders reached 76,625 at the end of the reporting period[9] - The largest shareholder, Xinjiang Nonferrous Metals Group, holds 68.18% of the shares, totaling 433,650,000 shares[9] Other Financial Metrics - The company reported non-recurring gains and losses totaling CNY 2,413,829.41[7] - The company reported an investment income of RMB 797,222.68, a substantial increase of 149.87% from RMB 319,049.20, driven by gains in gold futures[11] - The company incurred financial expenses of 2,794,738.99 RMB, which is an increase of 46.4% compared to 1,909,225.90 RMB in the previous year[27] - The company reported a fair value change gain of CNY 264,700.00 in Q1 2018, compared to a loss of CNY 60,146.00 in the previous year[23] Operational Insights - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The operating cost for the same period was RMB 133,748,852.09, down 36.58% from RMB 210,878,994.45, attributed to reduced product sales[11] - Accounts receivable decreased by 59.18% to RMB 11,920,494.10 from RMB 29,200,000.00 due to a reduction in bill settlement business[11] - Prepayments increased by 57.36% to RMB 70,375,172.24 from RMB 44,721,214.56, indicating an increase in advance payments for goods[11] - Other current assets rose significantly by 140.93% to RMB 5,459,047.98 from RMB 2,265,850.62, attributed to an increase in retained tax amounts[11] - Short-term borrowings decreased by 23.08% to RMB 100,000,000.00 from RMB 130,000,000.00 due to repayment of bank loans[11]