东方时尚(603377) - 2018 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 29.70% to CNY 13,940,379.04 year-on-year[5] - Operating revenue declined by 8.78% to CNY 213,644,410.32 compared to the same period last year[5] - Basic earnings per share dropped by 40% to CNY 0.03 compared to the previous year[5] - Weighted average return on equity decreased by 0.41 percentage points to 0.80%[5] - Total operating revenue for Q1 2018 was CNY 213,644,410.32, a decrease of 8.5% from CNY 234,213,576.07 in the same period last year[23] - Total operating costs decreased to CNY 195,707,816.60, down 5.1% from CNY 206,238,298.78 year-over-year[23] - Net profit for Q1 2018 was CNY 6,964,000.65, a decline of 65.5% compared to CNY 20,215,958.38 in Q1 2017[24] - Earnings per share (EPS) for Q1 2018 was CNY 0.03, down from CNY 0.05 in the previous year[24] - The company reported a significant increase in tax expenses, totaling CNY 14,093,501.44, compared to CNY 12,807,276.69 in the previous year[24] - Management expenses decreased to CNY 60,342,881.36, down 20.5% from CNY 75,934,994.50 in Q1 2017[23] - Investment income for the quarter was CNY 2,905,275.90, down from CNY 4,502,545.21 in the same period last year[23] Cash Flow - Net cash flow from operating activities surged by 180.80% to CNY 375,462,477.67 year-to-date[5] - The total amount of cash received from operating activities was CNY 318,875,760.95, a significant increase of 647.92% compared to the previous year[12] - Cash inflow from operating activities totaled CNY 643,038,249.86, an increase from CNY 412,710,472.13 in the same quarter last year[28] - Cash outflow from operating activities was CNY 267,575,772.19, slightly decreased from CNY 278,998,035.28 year-over-year[28] - The net cash flow from operating activities was -59,745,705.22 RMB, a decrease from 192,001,287.29 RMB in the previous period[31] - Total cash inflow from operating activities was 639,836,917.29 RMB, compared to 455,827,341.99 RMB last year, indicating a 40.3% increase[31] - Cash outflow from operating activities totaled 699,582,622.51 RMB, up from 263,826,054.70 RMB, reflecting a significant increase of 165.5%[31] - The net cash flow from investment activities was 64,817,982.77 RMB, a recovery from -169,634,997.40 RMB in the previous period[31] - Cash inflow from investment activities was 201,073,347.61 RMB, down from 404,114,600.00 RMB, representing a 50.3% decrease[31] - Cash outflow from investment activities was 136,255,364.84 RMB, reduced from 573,749,597.40 RMB, indicating a decrease of 76.3%[31] - The net cash flow from financing activities was 81,242,721.67 RMB, compared to 21,647,558.33 RMB last year, showing an increase of 274.5%[32] - Total cash inflow from financing activities was 85,000,300.00 RMB, significantly higher than 21,700,000.00 RMB in the previous period, marking a 292.2% increase[32] - The ending balance of cash and cash equivalents was 671,924,012.12 RMB, up from 455,044,125.72 RMB, reflecting a growth of 47.7%[32] - The net increase in cash and cash equivalents was 86,314,999.22 RMB, compared to 44,013,848.22 RMB last year, indicating a 96.1% increase[32] Assets and Liabilities - Total assets increased by 17.65% to CNY 3,717,370,189.71 compared to the end of the previous year[5] - The company's cash and cash equivalents increased by 111.04% to CNY 1,488,795,148 compared to the beginning of the year, due to new bank and company loans and the redemption of financial products[11] - Other receivables rose by 171.05% to CNY 118,189,814.99, attributed to relocation payments made by a subsidiary[11] - Short-term borrowings increased by 101.61% to CNY 375,000,300, reflecting a rise in bank loans for working capital[11] - The company’s total liabilities increased significantly, with other payables rising by 396.80% to CNY 265,903,892.50, indicating increased borrowing[11] - The company’s tax and surcharges increased by 151.10% to CNY 3,226,059.53 due to adjustments in tax reporting[11] - Total current assets increased to ¥1,633,102,824.51 from ¥977,660,205.47, representing a growth of approximately 66.9%[15] - Total non-current assets decreased to ¥2,084,267,365.20 from ¥2,181,931,858.65, reflecting a decline of approximately 4.5%[16] - Total liabilities increased to ¥1,469,997,899.96 from ¥966,562,251.30, indicating a rise of about 52.2%[17] - Current liabilities rose to ¥1,200,077,211.28 from ¥709,739,663.51, which is an increase of approximately 69.0%[17] - Owner's equity increased to ¥2,247,372,289.75 from ¥2,193,029,812.82, representing a growth of approximately 2.5%[17] - Short-term borrowings rose to ¥375,000,300.00 from ¥186,000,000.00, reflecting an increase of about 101.6%[16] - Other receivables increased significantly to ¥118,189,814.99 from ¥43,604,346.75, marking an increase of approximately 170.5%[15] Shareholder Information - The total number of shareholders reached 5,630 as of the report date[8] - The largest shareholder, Dongfang Shifang Investment Co., Ltd., holds 60.89% of shares, with 255,730,250 shares[9] Future Outlook - The company has not disclosed any new product developments or market expansion strategies in this report[5] - The company plans to expand its market presence and enhance its product offerings, although specific details were not disclosed in the report[13] - The company has not indicated any significant changes in net profit expectations for the upcoming reporting period[13]