宁波东力(002164) - 2016 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2016 was ¥105,459,942.06, representing a 4.10% increase compared to ¥101,302,068.63 in the same period last year[7] - The net profit attributable to shareholders was -¥2,083,138.88, a decrease of 15.89% from -¥1,797,567.24 year-on-year[7] - The net profit for Q1 2016 was a loss of ¥1,105,420.63, improving from a loss of ¥2,986,834.40 in Q1 2015[39] - The operating profit for the current period was a loss of ¥1,373,303.16, compared to a loss of ¥3,787,415.35 in the previous year, indicating a reduction in losses[39] - The total comprehensive income for Q1 2016 was a loss of ¥1,105,420.63, compared to a loss of ¥2,986,834.40 in the previous year[40] - The company expects to turn a profit in the first half of 2016, with a projected net profit ranging from CNY 0 to CNY 5 million, compared to a net loss of CNY 4.76 million in the same period last year[19] Cash Flow - The net cash flow from operating activities improved significantly to ¥9,863,769.67, compared to -¥9,765,199.88 in the previous year, marking a 201.01% increase[7] - The company reported cash and cash equivalents at the end of the period amounting to ¥14,976,455.83, down from ¥63,891,684.20 at the end of the previous year[44] - The net cash flow from operating activities was -22,126,190.15 CNY, a significant decrease compared to 49,916,175.10 CNY in the previous period[47] - The total cash outflow from operating activities was 75,303,519.14 CNY, compared to 20,466,871.79 CNY in the previous period[47] - Cash paid for purchasing goods and services was 15,432,988.14 CNY, slightly up from 14,896,588.42 CNY in the previous period[47] - Cash inflow from investment activities was 21,000.00 CNY, with cash outflow of 2,000,000.00 CNY, resulting in a net cash flow of -1,979,000.00 CNY[47] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,775,582,880.63, down 2.74% from ¥1,825,549,634.88 at the end of the previous year[7] - As of March 31, 2016, total assets amounted to CNY 1.78 billion, a decrease from CNY 1.83 billion at the beginning of the period[27] - Current liabilities included short-term borrowings of CNY 385 million, down from CNY 533.9 million at the beginning of the period[27] - The total liabilities decreased to CNY 384,283,751.19 from CNY 404,979,976.82 at the beginning of the period[32] - The total equity attributable to shareholders of the parent company was CNY 1,029,465,074.42, slightly down from CNY 1,030,570,495.05[32] Expenses - The company incurred total operating expenses of ¥77,844,116.67, slightly lower than ¥79,825,943.80 in the same period last year[43] - The company’s sales expenses increased by 77.00% year-on-year, attributed to an expanded consolidation scope[14] - The company’s financial expenses for the quarter were ¥2,406,750.49, compared to ¥2,535,302.89 in the previous year, showing a decrease[39] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 44,696[10] - Employee compensation payable decreased by CNY 6.54 million, a decline of 41.43% year-on-year, mainly due to the impact of last year's year-end bonus distribution[5] Government Support - The company received government subsidies amounting to ¥704,699.99 during the reporting period[8] Future Outlook - The anticipated improvement in performance is attributed to increased operating revenue and enhanced product gross margins, along with the consolidation of earnings from the acquisition of Ningbo Onik Technology Co., Ltd.[19] - The company is planning a major asset restructuring, intending to acquire 100% equity of a supply chain service provider through a combination of issuing shares and cash payments[15]