贝因美(002570) - 2017 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2017 was ¥847,163,384.03, a decrease of 6.58% compared to ¥906,814,763.34 in the same period last year[8] - Net profit attributable to shareholders was ¥10,923,629.97, down 81.81% from ¥60,042,047.85 year-on-year[8] - Basic earnings per share decreased by 83.33% to ¥0.01 from ¥0.06 in the same period last year[8] - Operating profit decreased by 96.8% compared to the same period last year, with an absolute decrease of 59.96 million CNY, mainly due to a decline in operating revenue and gross margin[17] - The company expects to turn a profit in the first half of 2017, with a projected net profit of between 20 million CNY and 50 million CNY, compared to a net loss of 214.22 million CNY in the same period last year[25] Cash Flow and Assets - Net cash flow from operating activities increased significantly by 847.06%, reaching ¥134,782,980.67, compared to a negative cash flow of ¥18,041,798.33 in the previous year[8] - Cash received from other operating activities increased by 46.9% compared to the same period last year, with an absolute increase of 44.91 million CNY, mainly due to an increase in customer deposits received[19] - Cash and cash equivalents increased by 32.36%, with an absolute increase of ¥285,064,500, primarily due to the maturity of financial products[16] - Cash and cash equivalents decreased by 13.02% year-on-year, with an absolute decrease of 42.66 million CNY, mainly due to increased repayments of bank loans[20] - Investment activity cash inflows decreased by 61.07% compared to the same period last year, with an absolute decrease of 366.20 million CNY, primarily due to a reduction in the recovery of time deposits and financial products[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 50,963[12] - The largest shareholder, Beiyinmei Group Co., Ltd., held 33.06% of the shares, totaling 338,083,494 shares[12] Liabilities and Expenses - The company reported a significant increase in accounts payable, which rose by 115.31%, with an absolute increase of ¥50,169,400, mainly due to the increase in outstanding bills[16] - Financial expenses decreased by 209.34% compared to the same period last year, with an absolute decrease of 12.95 million CNY, mainly due to increased exchange gains[17] - Asset impairment losses increased by 135.55% year-on-year, with an absolute increase of 39.15 million CNY, primarily due to higher provisions for bad debts on accounts receivable[17] Investment Plans - The company plans to invest 10 million euros in a Sino-French (merger and acquisition) fund, which is expected to account for 2.00% of the total fund size of 500 million euros[21] Corporate Governance - The company has strictly fulfilled its commitments regarding avoiding competition and reducing related party transactions[24]