三变科技(002112) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was ¥88,382,584.55, a decrease of 28.77% compared to ¥124,080,410.20 in the same period last year[8] - The net profit attributable to shareholders was -¥12,781,334.94, representing a decline of 1,568.49% from ¥870,370.49 in the previous year[8] - The basic earnings per share were -¥0.060, a 100% decrease from ¥0.00 in the previous year[8] - Operating profit decreased by 1,841.18% to -¥1.34 million, driven by a decline in revenue and gross margin[17] - The company expects a net loss for the first half of 2017, projecting a net profit range of -¥1,500 to -¥900 million, compared to a net profit of ¥41.24 million in the same period of 2016[20] Cash Flow - The net cash flow from operating activities was -¥82,673,641.79, which is a 33.06% increase in cash outflow compared to -¥62,132,167.57 in the same period last year[8] - Net cash flow from operating activities declined by 33.06% to -¥82.67 million, primarily due to reduced cash collection from receivables[18] - The net cash flow from investment activities increased by 1,289.95% to ¥26.16 million, primarily due to the recovery of deposit products[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,111,223,496.60, down 9.65% from ¥1,229,936,203.22 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 2.53% to ¥492,629,049.40 from ¥505,410,384.34 at the end of the previous year[8] - Cash and cash equivalents decreased by 42.06% to ¥94.76 million, primarily due to a reduction in acceptance margin[16] - Accounts receivable increased by 169.06% to ¥10.12 million, mainly due to a significant amount of received acceptance bills not yet endorsed[17] - Other current assets decreased by 59.71% to ¥18.17 million, attributed to the recovery of deposit products[17] - Accounts payable decreased by 49.71% to ¥123.20 million, as payments to suppliers using bank acceptance bills decreased[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,107[12] - The largest shareholder, Zhejiang Sanbian Group Co., Ltd., held 14.77% of the shares, totaling 29,770,931 shares[12] Income and Expenses - The company reported non-operating income of ¥599,629.01 during the period, primarily from government subsidies[9] - Investment income increased by 100% to ¥0.94 million, resulting from interest earned on deposit products[17] - Financial expenses decreased by 46.77% to ¥3.51 million, mainly due to a significant reduction in working capital loans[17] - The weighted average return on net assets was -2.56%, a decrease of 2.74% compared to 0.18% in the previous year[8]