久立特材(002318) - 2016 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2016 was ¥600,397,740.63, representing a 7.03% increase compared to ¥560,948,532.29 in the same period last year[5]. - Net profit attributable to shareholders decreased by 24.43% to ¥23,626,102.18 from ¥31,264,127.51 year-on-year[5]. - Basic and diluted earnings per share both fell by 25.00% to ¥0.03 from ¥0.04 in the same period last year[5]. - The estimated net profit for the first half of 2016 is expected to decline by 0% to 30%, ranging from ¥5,158.72 million to ¥7,369.60 million[16]. - The decline in profit is attributed to the domestic economic downturn and reduced downstream investment, impacting traditional product profit margins[16]. Cash Flow and Assets - The net cash flow from operating activities was negative at ¥150,705,541.67, a decline of 1,237.64% compared to ¥13,247,219.75 in the previous year[5]. - Cash and cash equivalents decreased by 52.06% to ¥163,558,908.55 from ¥341,179,227.60[14]. - Accounts receivable increased by 46.89% to ¥634,716,000.86, attributed to longer credit terms for major customers and tighter cash flow for downstream clients[14]. - Prepayments rose by 84.53% to ¥43,136,135.02, mainly due to increased advance payments for raw materials[14]. - Short-term borrowings increased by 35.96% to ¥275,740,884.94 to ensure normal production operations[14]. - Net cash flow from investing activities improved by 63.46% to -¥48,594,342.70, due to reduced cash payments for fixed asset purchases[14]. - Net cash flow from financing activities decreased by 55.93% to ¥59,949,361.90, as the company reduced net borrowings based on funding needs[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 62,987[9]. - The largest shareholder, Jiuli Group Co., Ltd., held 37.09% of the shares, totaling 312,104,045 shares[9]. - The controlling shareholder has committed to increase shareholding by no less than ¥50 million within 12 months[19]. Equity and Returns - Total assets at the end of the reporting period were ¥3,676,514,979.44, a slight increase of 0.84% from ¥3,646,024,605.50 at the end of the previous year[5]. - The net assets attributable to shareholders increased by 0.96% to ¥2,484,844,432.60 from ¥2,461,177,076.34 at the end of the previous year[5]. - The weighted average return on equity decreased by 0.33 percentage points to 0.96% from 1.29% year-on-year[5]. - The company reported non-recurring gains of ¥3,042,711.26 during the reporting period[7].