SQTEG(SH:603339)2018-04-27 16:00Financial Performance - Operating revenue for the period was CNY 236,230,014.71, representing a year-on-year increase of 14.69%[6] - Net profit attributable to shareholders of the listed company decreased by 29.66% to CNY 28,282,795.33[6] - Basic earnings per share decreased by 26.32% to CNY 0.14[6] - Diluted earnings per share decreased by 31.58% to CNY 0.13[6] - The net profit for the current period is CNY 12,075,400.98, down 44.5% from CNY 21,837,835.64 in the previous period[29] - The total profit for the current period is CNY 13,622,192.33, a decrease of 41.6% compared to CNY 23,349,835.88 in the previous period[29] Cash Flow - The net cash flow from operating activities was negative at CNY -50,219,366.18, a decline of 245.89% compared to the same period last year[6] - The net cash flow from operating activities is CNY -50,219,366.18, a significant decline from CNY 34,422,945.12 in the previous period[32] - The company generated CNY 295,867,604.05 in cash inflows from operating activities, an increase from CNY 271,798,717.46 in the previous period[32] - The company reported a decrease in operating expenses, with total cash outflows from operating activities amounting to CNY 346,086,970.23, up from CNY 237,375,772.34 in the previous period[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,812,449,357.42, a decrease of 0.11% compared to the end of the previous year[6] - Total liabilities decreased to RMB 317,220,007.82 from RMB 346,570,556.79[17] - Accounts receivable decreased by 40.54% to RMB 57,629,509.21 as a result of collections[11] - Prepayments increased by 104.89% to RMB 61,897,495.08 due to higher advance payments for materials[11] - Other current assets increased by 120.64% to RMB 17,981,286.63 due to an increase in deductible input tax[11] - Construction in progress increased by 68.28% to RMB 118,869,393.60 due to the implementation of fundraising projects[11] Shareholder Information - The total number of shareholders at the end of the reporting period was 23,042[9] - The largest shareholder, Huang Jie, holds 39.63% of the shares, totaling 83,558,105 shares[9] Financial Expenses and Income - Financial expenses increased by 2,167.90% to RMB 13,935,410.51 due to exchange losses[11] - Asset impairment losses decreased by 3,191.50% to -RMB 1,566,279.07 as a result of the reversal of bad debt provisions[11] - Other income decreased by 83.95% to RMB 505,550.00 primarily due to a reduction in government subsidies[11] Investment Activities - The company invested CNY 80,934,664.83 in fixed assets during the current period, compared to CNY 14,737,283.29 in the previous period[32] - Cash flow from investment activities showed a net outflow of $196,234,939.50, indicating significant investment expenditures[35] - Total cash inflow from investment activities was $32,081,041.09, while cash outflow totaled $228,315,980.59[35] - The company received $6,371,000.00 from investment activities, contributing to its financing cash flow[35] - Cash received from other investment activities amounted to $32,000,000.00, highlighting ongoing investment efforts[35] Cash and Cash Equivalents - Cash and cash equivalents decreased to CNY 212,873,477.76 from CNY 387,945,537.95 at the beginning of the year[20] - Cash and cash equivalents at the end of the period amount to CNY 726,153,005.22, down from CNY 786,312,982.28 in the previous period[33] - The ending balance of cash and cash equivalents was $212,690,477.76, down from $382,934,337.95 at the beginning of the period[35] - The impact of exchange rate changes on cash and cash equivalents was a decrease of $2,546,442.23[35]