达意隆(002209) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was ¥208,855,869.24, a decrease of 9.12% compared to ¥229,809,183.92 in the same period last year[8] - Net profit attributable to shareholders increased by 154.22% to ¥2,774,667.67 from ¥1,091,456.85 year-on-year[8] - Basic earnings per share rose by 153.57% to ¥0.0142 from ¥0.0056 in the same period last year[8] - The company's net profit for the reporting period was CNY 2,774,667.67, an increase of CNY 1,683,210.82, representing a growth of 154.22% compared to the same period last year[16] - The company's net profit attributable to shareholders increased to CNY 166,152,912.88 from CNY 163,378,245.21, showing a growth of 2.3%[40] - The net profit for Q1 2017 reached CNY 4,780,845.01, an increase from CNY 4,066,769.58 in the same period last year, reflecting a growth of approximately 17.5%[51] - The total profit for Q1 2017 was CNY 5,856,628.26, compared to CNY 4,903,246.81 in the previous year, reflecting an increase of approximately 19.4%[50] Cash Flow - The net cash flow from operating activities improved significantly to ¥22,376,192.97, compared to a negative cash flow of ¥109,551,665.32 in the previous year, marking a 120.43% increase[8] - The net cash flow from operating activities was CNY 22,376,192.97, an increase of CNY 131,927,858.29, reflecting a growth of 120.43% year-on-year[17] - The cash inflow from operating activities for Q1 2017 was CNY 242,615,901.99, significantly higher than CNY 145,337,937.93 in the previous period[53] - Total cash inflow from operating activities was ¥207,200,329.80, while cash outflow was ¥168,820,376.46, resulting in a net cash flow of ¥38,379,953.34[56] - The company reported cash inflow from investment activities of ¥11,248,458.79, with cash outflow of ¥7,999,410.09, leading to a net cash flow of ¥3,249,048.70 from investment activities[54] - Cash inflow from financing activities totaled ¥82,454,732.33, while cash outflow was ¥103,901,929.27, resulting in a net outflow of ¥21,447,196.94[55] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,587,438,211.41, a decrease of 3.08% from ¥1,637,892,045.26 at the end of the previous year[8] - The company's net assets attributable to shareholders increased slightly by 0.48% to ¥615,406,550.43 from ¥612,468,038.54 at the end of the previous year[8] - Total liabilities decreased to CNY 972,031,660.98 from CNY 1,025,424,006.72, representing a reduction of 5.2%[39] - As of March 31, 2017, the company's total current assets amounted to 1,083,055,697.07 RMB, a decrease from 1,119,309,340.19 RMB at the beginning of the period[37] Operational Efficiency - The accounts receivable increased by 41.26% to ¥33,224,401.00, primarily due to the increased use of bank acceptance bills for settlement[15] - Other receivables decreased by 66.66% to ¥6,213,394.62, mainly due to the recovery of funds from the disposal of fixed assets[15] - The company's employee compensation payable decreased by 62.33% to ¥3,705,658.64, reflecting payments made during the reporting period[15] - Tax payable decreased significantly by 75.16% to ¥1,421,055.21, as taxes accrued at the end of the previous year were paid during the reporting period[15] - The company's sales expenses decreased to CNY 19,324,881.78 from CNY 20,798,514.27, showing a reduction of about 7.1%[50] - The management expenses also decreased to CNY 10,992,910.83 from CNY 13,625,374.58, indicating a decline of approximately 19.2%[50] Investments and Subsidiaries - The company plans to establish a wholly-owned subsidiary in Vienna, Austria, with an investment of EUR 1 million[20] - The company has completed the establishment of a wholly-owned subsidiary, TECH-LONG EUROPE GmbH, in April 2017[22] - The company is in the process of liquidating and deregistering its subsidiary, Hefei Techlong, following the sale of its PET bottled water assets to Hefei Coca-Cola[24] - The establishment of a wholly-owned subsidiary, Dailong Europe Co., Ltd., is expected to incur initial expenses without immediate revenue generation[29] Other Financial Information - The company's asset impairment losses decreased to CNY 4,151,535.97, down CNY 3,088,971.25, a reduction of 42.66% compared to the previous year[16] - The company's other comprehensive income after tax increased to CNY 163,844.22, up CNY 108,011.86, marking a growth of 193.46% year-on-year[16] - The report was not audited, which may affect the reliability of the financial data presented[60]