爱普股份(603020) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 585,930,140.80, an increase of 0.91% year-on-year[6] - Net profit attributable to shareholders was CNY 36,392,547.69, a decrease of 38.83% compared to the same period last year[6] - Basic earnings per share decreased by 38.84% to CNY 0.1137[6] - The company reported a net profit of CNY 558,139,491.17 for the first quarter, up from CNY 467,085,548.43, indicating an increase of about 19.5%[21] - Total operating revenue for the current period is $585.93 million, an increase from $580.63 million in the previous period, representing a growth of approximately 0.45%[23] - Operating profit decreased to $50.52 million from $73.39 million, a decline of approximately 31.09%[23] - Net profit for the current period is $40.23 million, down from $59.84 million, reflecting a decrease of about 32.87%[23] - The company reported a total comprehensive income of $40.35 million, down from $59.80 million, a decrease of approximately 32.19%[24] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 130,200,838.06, compared to a net outflow of CNY 46,711,490.25 in the previous year[6] - Cash flow from operating activities showed a net outflow of $130.20 million, worsening from a net outflow of $46.71 million in the previous period[28] - Operating cash flow net amount for Q1 2017 was ¥7,526,479.53, a significant improvement from -¥35,781,145.32 in the same period last year[31] - Total cash outflow for operating activities was ¥186,119,114.90, compared to ¥176,037,149.80 in Q1 2016, indicating an increase of about 5.9%[31] - The cash flow from financing activities was negative, with a net cash flow of -¥515,308.67, consistent with the previous year's figure of -¥1,472,416.00[31] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,126,553,110.86, a decrease of 0.78% compared to the end of the previous year[6] - Total assets decreased from CNY 2,143,183,207.39 at the beginning of the year to CNY 2,126,553,110.86 by the end of the period, a decline of approximately 0.78%[15] - Current assets totaled CNY 1,812,427,123.50, down from CNY 1,829,442,116.70, representing a decrease of about 0.93%[15] - Total liabilities decreased from CNY 231,766,182.60 to CNY 175,291,432.83, a reduction of about 24.4%[17] - The total current liabilities decreased from CNY 230,584,304.00 to CNY 172,821,360.76, a decline of about 25%[16] Shareholder Information - The number of shareholders at the end of the reporting period was 24,032[8] - The top shareholder, Wei Zhonghao, held 35.38% of the shares, totaling 113,220,000 shares[8] Inventory and Receivables - Accounts receivable rose to CNY 290,255,337.04 from CNY 246,051,821.55, marking an increase of about 17.93%[15] - Inventory increased from CNY 325,330,634.17 to CNY 354,715,754.44, which is an increase of approximately 9.04%[15] - Prepayments increased by 75.97% to CNY 65,947,735.80, mainly due to increased inventory payments[11] Other Financial Metrics - The weighted average return on equity decreased by 1.34 percentage points to 1.97%[6] - The company reported a total of CNY 537,805.68 in non-recurring gains and losses for the period[7] - Deferred income tax liabilities rose from CNY 871,878.60 to CNY 1,016,072.07, an increase of approximately 16.5%[17] - The company’s sales expenses increased to $30.43 million from $29.15 million, an increase of about 4.43%[23] - The company recorded a tax expense of $11.13 million, down from $17.52 million, a decrease of approximately 36.36%[23] - Investment income for the current period is $2.10 million, slightly up from $2.06 million, indicating a growth of about 1.53%[23] Cash and Cash Equivalents - Cash and cash equivalents increased to CNY 984,559,898.59 from CNY 927,265,319.24, reflecting a growth of approximately 6.14%[15] - Cash and cash equivalents at the end of Q1 2017 totaled ¥232,364,118.26, down from ¥628,447,868.75 at the end of Q1 2016[32] - The company reported a cash inflow of ¥138,233,947.03 from sales, up from ¥129,557,424.36 in the previous year, reflecting a growth of approximately 5.2%[31] - Total cash inflow from investment activities was ¥221,849,367.24, compared to ¥510,422,272.51 in Q1 2016, indicating a decrease of approximately 56.6%[31] - Cash outflow from investment activities reached ¥276,450,843.41, a substantial increase from ¥8,889,024.00 in the previous year[31] - The net cash flow from investment activities was -¥54,601,476.17, contrasting sharply with a positive net cash flow of ¥501,533,248.51 in Q1 2016[31]