双塔食品(002481) - 2017 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2017 was ¥396,383,449.32, representing a 10.33% increase compared to ¥359,270,307.86 in the same period last year[8] - Net profit attributable to shareholders decreased by 43.09% to ¥29,143,131.34 from ¥51,205,167.29 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥26,543,033.80, down 46.58% from ¥49,685,010.81 in the previous year[8] - Basic and diluted earnings per share both decreased by 50.00% to ¥0.02 from ¥0.04 year-on-year[8] - The estimated net profit attributable to shareholders for the first half of 2017 is expected to be between 42.68 million and 75.52 million, representing a change of -35.00% to 15.00% compared to the same period last year[19] - The net profit attributable to shareholders for the first half of 2016 was 65.67 million[20] Cash Flow - The net cash flow from operating activities was negative at -¥75,255,829.15, a decline of 454.47% compared to ¥21,230,256.97 in the same period last year[8] - Net cash flow from operating activities decreased by 545.47% compared to the same period last year, primarily due to a 38.54% increase in cash paid for goods and services[15] - Net cash flow from investing activities increased by 138.32% compared to the same period last year, mainly due to a 100% increase in cash received from investment recoveries[15] - Net cash flow from financing activities decreased by 174.98% compared to the same period last year, primarily due to a 260.68% increase in cash paid for debt repayment[15] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,114,144,640.44, down 7.29% from ¥4,437,759,841.73 at the end of the previous year[8] - Net assets attributable to shareholders increased by 1.12% to ¥2,641,732,196.23 from ¥2,612,589,064.89 at the end of the previous year[8] - Tax payable decreased by 37.60% compared to the beginning of the period, mainly due to a reduction in payable VAT and income tax[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 54,696[10] - The largest shareholder, Zhaoyuan Junxing Agricultural Development Center, holds 38.44% of the shares, amounting to 435,250,137 shares[10] Inventory and Prepaid Accounts - Prepaid accounts decreased by 50.94% compared to the beginning of the period, mainly due to the arrival of purchased materials[15] - Inventory increased by 98.11% compared to the beginning of the period, primarily due to the increase in imported bulk raw materials by the trading subsidiary[15] - Construction in progress increased by 41.56% compared to the beginning of the period, mainly due to increased investment in the 60,000-ton pea comprehensive utilization project[15] Operational Changes - The company is upgrading production equipment and has not fully reached the designed capacity, which has contributed to the performance changes[20]