宁波建工(601789) - 2017 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 1.71% to CNY 52.53 million year-on-year[5] - Operating revenue decreased by 1.07% to CNY 3.30 billion compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses increased by 15.41% to CNY 47.06 million[5] - Basic earnings per share increased by 1.70% to CNY 0.0538[5] - Net profit for Q1 2017 was CNY 55,398,860.60, slightly up from CNY 55,186,984.98 in the same period last year, representing a 0.4% increase[52] - The total profit for Q1 2017 was CNY 77,262,219.54, compared to CNY 72,509,997.56 in the previous year, marking a 6.5% increase[52] - Basic earnings per share for Q1 2017 was CNY 0.0538, up from CNY 0.0529 in the previous year, indicating a 1.7% increase[56] Cash Flow - Net cash flow from operating activities was negative at CNY -676.73 million, compared to CNY -76.27 million in the previous year[5] - Net cash flow from operating activities for Q1 2017 was negative CNY 676,726,838.72, compared to negative CNY 76,270,948.53 in the previous year[56] - Cash inflow from financing activities increased to 360,000,000.00 RMB, up from 270,000,000.00 RMB, marking a growth of approximately 33.3%[59] - The net cash flow from financing activities was 110,213,167.05 RMB, a substantial increase from 1,261,972.58 RMB in Q1 2016[59] - The company’s cash flow management strategies have led to a net increase in cash and cash equivalents of 102,695,861.70 RMB, contrasting with a decrease of -148,232,618.39 RMB in Q1 2016[59] Assets and Liabilities - Total assets decreased by 3.25% to CNY 12.61 billion compared to the end of the previous year[5] - The company's current liabilities increased to 4,533,680,000.00 yuan from 3,726,620,000.00 yuan at the beginning of the year[46] - Total liabilities were CNY 1,581,677,031.43, up from CNY 1,469,179,350.19 at the beginning of the year, indicating an increase in leverage[49] - The company's total equity attributable to shareholders rose to CNY 2,493,879,137.18 from CNY 2,441,819,394.69, indicating a growth of 2.1%[48] Shareholder Information - The total number of shareholders at the end of the reporting period was 41,651[12] - The largest shareholder, Zhejiang Guangtian Riyue Group, holds 39.25% of the shares[12] Legal Matters - The company is involved in multiple ongoing litigation cases, including a construction contract dispute with Ningbo Aidi Misi Sports Goods Co., Ltd., with a judgment amount of 45,517,598.82 CNY[20] - The company has a receivable of 440,195,892.82 CNY from Zhejiang Huayue Real Estate Co., Ltd. as per a civil judgment, which is currently under execution[21] - The company has filed a claim for 270,077,774 CNY against Lianxi Xirui Real Estate Development Co., Ltd. in a bankruptcy restructuring process[23] - The company has a pending lawsuit against Ningbo Xiangge Real Estate Development Co., Ltd. for overdue project payments totaling RMB 32,200,000 as of June 26, 2014[26] - The company is seeking RMB 37,308,301.22 from Shenghongyong (Jiujiang) Industrial Development Co., Ltd. for advance payments, remaining project payments, and losses due to work stoppage[27] Operational Costs - Total operating costs for Q1 2017 were CNY 3,216,236,840.14, down 1.5% from CNY 3,265,716,091.73 in the previous period[51] - The company incurred operating costs of CNY 56,744,665.05 in Q1 2017, which is a 33.1% increase from CNY 169,740,688.03 in the previous year[55] Investment Activities - Cash paid for investments was significantly reduced to 2,000,000.00 RMB from 49,000,000.00 RMB in the same period last year, indicating a strategic shift in investment approach[59]