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春秋电子(603890) - 2018 Q1 - 季度财报
Chunqiu ETChunqiu ET(SH:603890)2018-04-27 16:00

Financial Performance - Net profit attributable to shareholders was CNY 10,131,846.86, down 66.99% year-on-year[6] - Operating revenue for the period was CNY 358,049,003.02, an increase of 1.17% compared to the same period last year[6] - Basic and diluted earnings per share were both CNY 0.07, down 76.67% from CNY 0.30 in the same period last year[6] - The net profit for the first quarter of 2018 was CNY 10,131,846.86, a decrease of 66.99% compared to the previous year, primarily due to increased R&D investment and foreign exchange losses[14] - Total operating revenue for Q1 2018 was ¥358,049,003.02, a slight increase of 0.32% compared to ¥353,902,399.81 in the same period last year[23] - Net profit for Q1 2018 was ¥10,131,846.86, a decrease of 67.05% compared to ¥30,694,052.44 in the previous year[24] - The total comprehensive income for Q1 2018 was ¥10,131,846.86, down from ¥30,694,052.44 in the same period last year[24] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 41,413,588.54, a decrease of 157.71% compared to the previous year[6] - The total cash inflow from operating activities was CNY 484,329,218.60, an increase of 6.3% compared to CNY 453,087,939.20 in the previous period[30] - The net cash outflow from operating activities was CNY -41,413,588.54, a significant decline from CNY 71,761,762.32 in the previous period[30] - The company reported a net cash flow decrease of CNY -692,478,364.98 for the period, contrasting with an increase of CNY 22,760,071.99 in the previous period[31] - The total cash and cash equivalents at the end of the period were CNY 288,803,687.51, down from CNY 981,282,052.49 at the beginning of the period[31] - The company's cash and cash equivalents decreased significantly from CNY 994,352,052.49 to CNY 320,314,187.51, highlighting cash flow challenges[15] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,187,363,763.95, a decrease of 1.13% compared to the end of the previous year[6] - Current liabilities decreased from CNY 865,189,632.02 to CNY 831,772,814.30, indicating improved liquidity management[16] - The company reported a total liability of ¥367,609,586.97, a decrease from ¥421,891,857.42 year-over-year[23] - Total equity amounted to ¥1,118,178,544.39, slightly down from ¥1,125,877,703.59 in the previous year[23] Expenses and Investments - Management expenses increased by 30.45% to CNY 26,115,334.22, mainly due to higher R&D investments by the subsidiary[14] - Financial expenses surged by 438.72% to CNY 19,595,114.47, attributed to increased foreign exchange losses from the depreciation of the US dollar[14] - Cash paid for the acquisition of fixed assets and other long-term assets increased by 384.81% to CNY 128,466,051.51, indicating expansion efforts[14] - The company invested CNY 675,000,000.00 in financial investments during the period, reflecting a strategic focus on investment growth[14] Other Key Metrics - The weighted average return on equity decreased by 6.15 percentage points to 0.76%[6] - Cash received from tax refunds rose by 103.73% to CNY 25,717,739.15, reflecting an increase in VAT refunds[14] - The company experienced a significant increase in cash paid for other operating activities, totaling CNY 18,012,998.07, compared to CNY 6,486,813.38 in the previous period[30] - The company recorded an investment income of ¥409,945.24, compared to no investment income in the previous year[23] - The total number of shareholders at the end of the reporting period was 21,356[10]