Financial Performance - Operating revenue for the period was CNY 63,582,774.72, representing a decline of 12.4% year-on-year[7] - Net profit attributable to shareholders was CNY 6,329,656.88, down 47.13% from the previous year[7] - Basic earnings per share decreased by 75.00% to CNY 0.04 compared to CNY 0.16 in the same period last year[7] - The company reported a net profit margin decline due to reduced revenue and increased operational costs, impacting overall profitability[26] - The net profit for Q1 2017 was CNY 6,938,508.82, down 44.5% from CNY 12,444,629.71 in Q1 2016[27] - The total profit for Q1 2017 was CNY 8,006,234.36, a decrease of 46.3% from CNY 14,877,652.93 in the previous year[27] - The company's operating profit for Q1 2017 was CNY 8,006,247.68, down 46.3% from CNY 14,885,296.71 in Q1 2016[27] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 117,606,884.46, compared to a net inflow of CNY 21,487,903.69 in the previous year[7] - Cash inflows from operating activities in Q1 2017 totaled CNY 97,869,463.60, a decrease of 43.0% from CNY 171,679,151.87 in the same period last year[30] - Cash outflows for purchasing goods and services in Q1 2017 were CNY 65,744,831.33, down 46.5% from CNY 122,000,632.02 in Q1 2016[30] - The net cash flow from operating activities was -88,330,177.89 RMB, compared to a positive 21,196,373.74 RMB in the previous period[32] - Cash outflow from operating activities totaled 211,390,675.93 RMB, compared to 148,317,042.00 RMB in the prior period[32] - Cash inflow from operating activities was 123,060,498.04 RMB, down from 169,513,415.74 RMB in the previous period[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,537,194,039.77, a decrease of 0.26% compared to the end of the previous year[7] - Total liabilities were CNY 609,906,947.25, compared to CNY 599,853,946.42 at the start of the year, reflecting a rise of 1.8%[24] - Total equity increased to CNY 910,484,677.04 from CNY 904,199,140.88, marking a growth of 0.4%[24] - The total current assets at the end of the reporting period were ¥1,515,755,936.60, slightly down from ¥1,519,261,023.83 at the beginning of the year[18] Shareholder Information - The total number of shareholders at the end of the reporting period was 17,293[12] - The largest shareholder, Yang Jing, held 34.76% of the shares, amounting to 69,524,088 shares[12] Operational Costs and Expenses - Management expenses increased by 33.75% to ¥10,023,676.89, due to a rise in personnel and salary levels[15] - Tax expenses dropped by 56.12% to ¥1,067,725.54, resulting from a decrease in total profit[15] - Operating costs included CNY 46,771,549.01 in operating expenses, which decreased by 12.5% from CNY 53,481,863.02 in the previous year[26] Receivables and Payables - Accounts receivable increased to ¥500,000, representing a new entry in this reporting period[13] - Prepayments rose by 77.14% to ¥24,677,324.83, primarily due to advance payments for subcontracted projects[13] - Other receivables surged by 173.43% to ¥167,622,441.88, mainly from the payment of bid guarantees[13] Investment Activities - The company reported non-operating income of CNY 737,500.00 from structured deposits[9] - The company reported a significant increase of 566.67% in cash recovered from investments to ¥100,000,000, mainly from the recovery of structured deposits[16] - Total cash inflow from investment activities was 100,765,710.69 RMB, significantly higher than 17,915,186.11 RMB in the prior period[32] - The net cash flow from investment activities was 98,645,071.69 RMB, compared to 17,883,117.11 RMB in the previous year[32] Financing Activities - Cash inflow from financing activities amounted to 10,448,436.00 RMB, with no previous period comparison available[33] - The net cash flow from financing activities was 10,436,840.95 RMB, a recovery from -33,395,643.81 RMB in the previous period[33] - The company paid 30,000,000.00 RMB in debt repayments during the financing activities[33]
国晟科技(603778) - 2017 Q1 - 季度财报