中航西飞(000768) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was ¥3,132,105,697.38, representing a decrease of 13.39% compared to the same period last year[6]. - The net profit attributable to shareholders was a loss of ¥87,796,579.54, which is a decline of 47.23% year-over-year[6]. - The basic and diluted earnings per share were both -¥0.0317, a decrease of 47.44% compared to the previous year[6]. - Operating profit decreased by 94.76% to -¥152,508,348.86 year-on-year[21]. - Net profit fell by 66.76% to -¥122,220,494.47 compared to the previous year[21]. Cash Flow - The net cash flow from operating activities increased significantly by 649.29%, reaching ¥635,769,631.69[6]. - Cash inflow from operating activities increased by 37.69% to ¥5,798,718,496.69 year-on-year[25]. - Cash inflow from financing activities rose by 347.46% to ¥502,747,603.48 compared to the previous year[26]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥42,493,554,736.36, an increase of 8.36% from the previous year[6]. - The net assets attributable to shareholders decreased slightly by 0.53%, totaling ¥15,281,869,390.00[6]. - Long-term borrowings increased due to additional loans taken by the subsidiary AVIC Shenfei Civil Aircraft Co., Ltd.[19]. Prepayments and Receipts - The company reported a significant increase in prepayments due to higher advance payments for aviation product materials[17]. - Prepayments increased by 65.27% to ¥3,695,001,479.52 from the beginning of the year[21]. - The increase in advance receipts was attributed to higher customer prepayments for product sales[18]. - Advance receipts surged by 307.56% to ¥2,775,154,259.52 compared to the beginning of the year[21]. Income and Expenses - Financial expenses rose by 39.06% to ¥8,346,205.90 year-on-year[22]. - Investment income increased significantly by 597.24% to ¥7,829,017.94 compared to the same period last year[21]. - The company received government subsidies, contributing to an 850.25% increase in non-operating income to ¥30,818,763.61[22]. - The company did not report any non-recurring gains or losses that would be classified as regular income[9]. Market Expansion - The company signed a framework agreement for financing up to ¥7 billion for the purchase of up to 50 aircraft, indicating ongoing market expansion efforts[29].