亚士创能(603378) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 176,220,256.83, an increase of 9.84% year-on-year [6]. - Net profit attributable to shareholders of the listed company was CNY -17,187,266.85, a decrease of 433.78% compared to the same period last year [6]. - Basic earnings per share were CNY -0.09, a decrease of 325.00% compared to the previous year [6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -17,305,785.69, a decrease of 924.79% year-on-year [6]. - Net loss for Q1 2018 was CNY 17,187,266.85, compared to a net profit of CNY 5,149,258.61 in Q1 2017, representing a significant decline [27]. - The net profit for Q1 2018 was -2,207,557.34 RMB, compared to -414,270.75 RMB in the same period last year, indicating a significant increase in losses [31]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,016,326,898.53, a decrease of 2.32% compared to the end of the previous year [6]. - The total assets as of March 31, 2018, amounted to RMB 2,016,326,898.53, a decrease from RMB 2,064,217,107.24 at the beginning of the year [18]. - The company's cash and cash equivalents decreased to RMB 450,537,434.15 from RMB 538,696,379.73, reflecting a decline of 16.3% [18]. - Total current assets decreased to CNY 650,638,818.18 from CNY 685,973,617.92 at the beginning of the year, a decline of 5.1% [23]. - Total liabilities decreased to RMB 745,020,610.06 from RMB 775,723,551.92, a reduction of approximately 4% [20]. - Total liabilities decreased to CNY 424,830,170.34 from CNY 449,968,726.98, a reduction of 5.6% [24]. - Total assets amounted to CNY 1,280,521,928.20, down from CNY 1,307,868,042.18 at the beginning of the year, a decrease of 2.1% [24]. Cash Flow - The net cash flow from operating activities was CNY -46,402,943.10, an improvement compared to CNY -98,987,015.61 in the same period last year [6]. - The net cash flow from operating activities improved to RMB -46,402,943.10, a positive change of RMB 52,584,072.51 compared to the previous period [14]. - The total cash inflow from operating activities was 198,369,005.26 RMB, while total cash outflow was 244,771,948.36 RMB, resulting in a net cash outflow of -46,402,943.10 RMB [33]. - The company incurred a net cash outflow from investing activities of -46,369,039.29 RMB, compared to -30,613,074.10 RMB in the previous year [34]. - The net cash flow from financing activities was 4,613,036.81 RMB, a recovery from a net outflow of -10,758,697.92 RMB in the same period last year [34]. Shareholder Information - The total number of shareholders at the end of the reporting period was 22,761 [11]. - The largest shareholder, Shanghai Chuangneng Ming Investment Co., Ltd., held 54,000,000 shares, accounting for 27.72% of the total shares [11]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 512,700.00 related to its normal business operations [8]. - The company reported a decrease in government subsidies received, with other income dropping by 87.14% compared to the previous year [14]. Investments and Prepayments - The company has ongoing investments in infrastructure projects, as indicated by the negative cash flow from investing activities of RMB -46,369,039.29 [14]. - The company's prepayments increased by 53.43%, rising from RMB 14,333,208.01 to RMB 21,991,112.60, indicating higher customer advance payments [14]. - The company’s investment in fixed assets and other long-term assets amounted to 46,633,010.33 RMB, up from 30,615,312.50 RMB in the previous year [34]. Revenue and Costs - Total operating revenue for Q1 2018 was CNY 176,220,256.83, an increase of 9.1% compared to CNY 160,436,720.18 in the same period last year [27]. - Total operating costs for Q1 2018 were CNY 192,703,750.51, up 21.7% from CNY 158,212,718.54 in Q1 2017 [27]. - Operating revenue from sales of goods and services was 190,203,648.61 RMB, up from 134,217,987.95 RMB year-on-year, representing an increase of approximately 41.8% [33].