SLKG(SZ:000019)2016-04-25 16:00Financial Performance - The company's operating revenue for Q1 2016 was ¥72,574,451.04, representing a 21.73% increase compared to ¥59,619,056.32 in the same period last year[8]. - The net profit attributable to shareholders was a loss of ¥6,183,061.88, an improvement of 35.11% from a loss of ¥9,528,087.26 in the previous year[8]. - The basic earnings per share were -¥0.0205, showing a 35.13% improvement from -¥0.0316 in the same period last year[8]. - Net profit for the current period was a loss of ¥8,187,808.61, an improvement from a loss of ¥10,566,158.08 in the previous period[32]. - Total comprehensive income for the first quarter was CNY 155,214.45, a decrease of CNY 3,005,461.02 compared to the previous period[35]. Cash Flow - The net cash flow from operating activities was negative at ¥9,726,779.42, a decline of 140.14% compared to a positive cash flow of ¥24,231,791.99 in the same period last year[8]. - Cash inflow from operating activities totaled CNY 100,497,309.60, while cash outflow was CNY 110,224,089.02, resulting in a net cash outflow[36]. - Cash flow from investment activities showed a net outflow of CNY -63,442,959.55, compared to CNY -84,225,374.96 in the previous period[37]. - Cash flow from financing activities generated a net inflow of CNY 49,514,933.36, a recovery from a net outflow of CNY -36,484,000.00 in the previous period[37]. - The company reported a decrease in cash inflow from sales of goods and services, totaling CNY 93,496,884.42, compared to CNY 110,811,196.79 in the previous period[36]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,089,994,982.86, an increase of 2.79% from ¥1,060,458,757.46 at the end of the previous year[8]. - The total liabilities rose from 103,320,748.37 to 144,211,509.62, indicating an increase of about 39.6%[25]. - The company's total assets increased from 1,060,458,757.46 to 1,089,994,982.86, representing a growth of approximately 2.8%[25]. - The total liabilities decreased to ¥274,029,468.05 from ¥280,025,467.29[29]. - Current assets totaled ¥414,599,037.69, slightly down from ¥422,195,453.14 at the beginning of the period[28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 55,074[12]. - The largest shareholder, Shenzhen Agricultural Products Co., Ltd., held 19.09% of the shares, totaling 57,474,117 shares[12]. - The company has committed to not reducing shareholdings for six months following the increase in shareholding by certain directors and senior management[17]. Operational Costs - Total operating costs amounted to ¥84,211,773.90, up 15.4% from ¥72,991,223.63 in the previous period[31]. - Sales expenses rose by 59.49% from 6,473,637.33 to 10,325,053.51, attributed to increased sales expenses from newly added subsidiaries[16]. - Financial expenses surged by 263.57% from -262,353.21 to 429,118.91, mainly due to interest from new borrowings[16]. Other Financial Metrics - The weighted average return on net assets was -0.66%, an improvement of 0.33% from -0.99% in the previous year[8]. - Fair value changes resulted in a loss of 363,795.51, a decrease of 139.61% compared to a gain of 918,519.16 in the previous period, due to fluctuations in stock market values[16]. - The ending balance of cash and cash equivalents was CNY 123,841,959.40, down from CNY 170,345,558.42 in the previous period[38]. - The company received CNY 50,000,000.00 from borrowings during the financing activities[39]. Inventory and Prepayments - Inventory increased to ¥42,438,561.25 from ¥40,232,342.98[27]. - Prepayments decreased by 37.64% from 18,601,600.34 to 11,600,761.42 due to a reduction in advance payments for goods[16]. - Other current assets increased significantly by 2,926.96% from 2,012,976.56 to 60,932,082.01, primarily due to the use of self-owned funds for financial management[16]. Audit Status - The first quarter report was not audited[41].