联明股份(603006) - 2017 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 17.39% to CNY 28,283,409.85 year-on-year[6] - Operating revenue slightly decreased by 0.12% to CNY 237,186,277.82 compared to the same period last year[6] - Basic earnings per share decreased by 16.67% to CNY 0.15[6] - Total revenue for Q1 2017 was CNY 237,186,277.82, a slight decrease of 0.12% compared to CNY 237,461,355.60 in Q1 2016[27] - Net profit for Q1 2017 was CNY 28,283,409.85, down 17.4% from CNY 34,238,357.62 in Q1 2016[28] - Operating profit decreased to CNY 37,417,975.80, a decline of 18.3% compared to CNY 45,837,272.86 in the same period last year[28] - Earnings per share (EPS) for Q1 2017 was CNY 0.15, down from CNY 0.18 in Q1 2016[29] - Total comprehensive income for the first quarter of 2017 was CNY 7,548,421.10, a decrease from CNY 96,393.64 in the previous period[31] - The company reported a basic earnings per share of CNY 0.00 for the first quarter, with diluted earnings per share also at CNY 0.00, indicating no earnings reported[31] Cash Flow - Net cash flow from operating activities dropped significantly by 87.26% to CNY 7,452,913.44[6] - The net cash flow from operating activities for Q1 2017 was ¥7,452,913.44, a decrease of 87.26% compared to ¥58,503,082.22 in the previous period, primarily due to increased expenditures on raw materials and molds[15] - Cash inflow from operating activities totaled CNY 227,267,934.44, compared to CNY 238,842,121.35 in the previous year, reflecting a decrease of approximately 4.6%[35] - Cash outflow from operating activities increased to CNY 219,815,021.00, up from CNY 180,339,039.13, representing an increase of about 21.9%[35] - Net cash flow from investing activities was negative at CNY -27,509,698.64, compared to CNY -36,592,386.20 in the previous year, showing an improvement[35] - The net cash flow from financing activities was CNY -937,260.00, a decrease from CNY 16,730,020.01 in the previous year, reflecting a decline in financing activities[36] Assets and Liabilities - Total assets increased by 1.15% to CNY 1,129,162,661 compared to the end of the previous year[6] - The total current assets as of March 31, 2017, amounted to ¥565,610,045.00, an increase from ¥554,657,182.97 at the beginning of the year[19] - The company's inventory increased to ¥205,354,254.63 from ¥180,647,792.60, reflecting a growth of approximately 13.65%[19] - The total liabilities decreased to ¥269,391,682.69 from ¥286,122,765.33, showing a reduction of about 5.8%[21] - The total assets as of March 31, 2017, were ¥1,129,162,661.00, up from ¥1,116,296,036.83 at the beginning of the year[21] - The company's cash and cash equivalents decreased to ¥74,451,781.14 from ¥95,445,826.34, a decline of approximately 22%[19] - Total liabilities rose to CNY 225,803,595.32, compared to CNY 210,214,930.62 in Q1 2016[25] - Current liabilities totaled CNY 219,940,879.16, an increase of 7.4% from CNY 204,186,288.54 in the previous year[25] - Owner's equity increased to CNY 689,078,640.15, up from CNY 680,215,922.09 in Q1 2016[25] Shareholder Information - The number of shareholders reached 6,228 at the end of the reporting period[11] - The largest shareholder, Shanghai Lianming Investment Group Co., Ltd., holds 59.42% of the shares[11] Investment Activities - Investment income increased by 319.34% to CNY 607,705.48 due to higher returns from financial product investments[14] - The company received CNY 145,000,000.00 from other investment-related cash inflows, significantly higher than CNY 38,000,200.00 in the previous year[35] - Total cash outflow from investing activities was CNY 173,117,404.12, compared to CNY 74,982,163.20 in the previous year, indicating a substantial increase[35] - The net cash flow from investing activities was -¥27,509,698.64, compared to -¥36,592,386.20 in the previous period, indicating a reduction in investment losses[15] Other Financial Metrics - The weighted average return on equity decreased by 1.28 percentage points to 3.35%[6] - Total operating costs increased to CNY 200,376,007.50, up 4.23% from CNY 191,769,003.29 in the previous year[28] - The company repurchased and canceled 82,000 restricted shares on March 21, 2017, as part of its stock incentive plan[16] - The company's capital reserve increased to ¥164,925,414.52 from ¥164,479,497.56, reflecting a growth of approximately 0.27%[21] - The company did not report any significant changes in net profit expectations for the upcoming reporting period[17]