东方电缆(603606) - 2016 Q1 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 322,007,019.52, down 15.27% year-on-year[8] - Net profit attributable to shareholders of the listed company was CNY 6,513,493.18, a decrease of 6.10% compared to the same period last year[8] - Basic and diluted earnings per share remained at CNY 0.02[8] - Total operating revenue for Q1 2016 was CNY 322,007,019.52, a decrease of 15.3% compared to CNY 380,021,980.89 in Q1 2015[31] - Net profit for Q1 2016 was CNY 6,696,668.18, a decline of 8.7% from CNY 7,332,807.06 in Q1 2015[32] - The net profit for the first quarter of 2016 was CNY 6,648,510.36, an increase from CNY 5,544,699.10 in the same period last year, representing a growth of approximately 19.9%[35] - The company’s total comprehensive income for the quarter was CNY 6,648,510.36, reflecting a positive trend compared to the previous year[35] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,718,124,406.75, a decrease of 1.50% compared to the end of the previous year[8] - The company's current assets totaled CNY 1,304,206,828.41, down from CNY 1,340,616,696.69 at the beginning of the year, indicating a decrease of about 2.69%[24] - Total liabilities decreased from CNY 936,540,063.00 to CNY 903,716,707.82, a reduction of approximately 3.5%[26] - Current liabilities totaled CNY 891,706,920.90, down from CNY 924,269,923.00, indicating a decrease of approximately 3.5%[26] - Total assets as of the end of Q1 2016 were CNY 1,686,818,810.32, a slight decrease from CNY 1,715,033,975.66 at the end of Q1 2015[30] - Total liabilities decreased to CNY 898,675,898.11 in Q1 2016 from CNY 936,166,878.73 in Q1 2015, reflecting a reduction of 4.0%[30] Cash Flow - The net cash flow from operating activities was CNY -147,618,778.58, an improvement of 11.68% compared to the previous year[8] - Operating cash inflow totaled CNY 281,917,455.91, down from CNY 396,592,930.78 in the previous year, indicating a decline of about 29%[37] - The net cash flow from operating activities was -CNY 147,618,778.58, slightly improved from -CNY 167,136,172.65 year-over-year[37] - Cash outflow from investing activities decreased by 58.83% to -¥16,344,873.30 due to reduced payments for fixed assets and intangible assets[17] - The cash flow from investment activities was -CNY 16,344,873.30, an improvement from -CNY 39,872,232.34 year-over-year[37] Shareholder Information - The number of shareholders at the end of the reporting period was 34,994[11] - The largest shareholder, Ningbo Dongfang Group Co., Ltd., held 37.06% of the shares[11] - The company has commitments to avoid competition and adhere to shareholding restrictions for a period of 36 months post-listing[18] - The company will not allow the transfer of shares held by its actual controller if commitments regarding non-competition are violated[19] Commitments and Measures - The company has committed to compensating investors for any losses incurred due to false statements or omissions in the prospectus, ensuring accountability and transparency[22] - The company plans to use a maximum of 20% of the previous year's audited net profit for cash dividends if stabilization measures are not implemented[21] - The company will hold an investor meeting to discuss operational status and financial indicators if stock price stabilization conditions are triggered[20] - The company will limit the annual repurchase fund to the net profit attributable to the parent company for that year[20] - The company will announce the implementation status of stock price stabilization measures within two trading days after completion[21] Inventory and Receivables - Cash and cash equivalents decreased by 36.05% to ¥307,196,738.84 due to the maturity of major notes and payment of goods[13] - Accounts receivable increased by 34.01% to ¥545,950,022.38 mainly due to sales products not yet collected[14] - The company reported a significant increase in inventory, which rose slightly from CNY 406,664,542.23 to CNY 409,241,964.58, an increase of approximately 0.4%[24]