协鑫集成(002506) - 2017 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2017 was ¥2,476,766,356.30, a decrease of 14.88% compared to ¥2,909,585,494.15 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥125,503,881.26, representing a decline of 223.06% from a profit of ¥101,985,303.96 in the previous year[8] - Basic and diluted earnings per share were both -¥0.02, a decrease of 200.00% from ¥0.02 in the previous year[8] - Operating profit decreased by 173.88% compared to the same period last year, mainly due to a decrease in gross profit and an increase in expenses[8] - Net profit decreased by 219.27% compared to the same period last year, mainly due to a decrease in gross profit and an increase in expenses[8] - The company expects net profit attributable to shareholders for the first half of 2017 to range from 0 to 5,000 million yuan, representing a decrease of 100.00% to 74.11% compared to the same period last year[26] Cash Flow and Assets - The net cash flow from operating activities was -¥1,183,851,098.66, which is an improvement of 32.48% compared to -¥1,753,425,464.53 in the same period last year[8] - Cash and cash equivalents increased by 467.47% compared to the same period last year, mainly to ensure normal operations and repayment of principal and interest[22] - The net cash flow from operating activities decreased by 32.48% compared to the same period last year, mainly due to cash payments for purchases and expenses slightly exceeding cash received from sales[24] - Total assets increased by 8.43% to ¥22,043,180,935.56 from ¥20,328,855,167.29 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 3.43% to ¥4,029,038,634.97 from ¥4,172,081,957.74 at the end of the previous year[8] Shareholder Information - The total number of shareholders at the end of the reporting period was 202,829[12] - The top two shareholders, Shanghai Qiyin Investment Management Co., Ltd. and GCL Group Co., Ltd., held 28.19% and 22.40% of shares, respectively[12] Expenses and Investments - Sales expenses increased by 136.68% compared to the same period last year, mainly due to an increase in sales personnel and insurance commission expenses[8] - Investment income increased by 127.90% compared to the same period last year, mainly due to financial-related business[8] Other Financial Metrics - The weighted average return on equity was -3.05%, down 5.86% from 2.81% in the previous year[8] - The company reported non-recurring gains and losses totaling ¥3,294,331.68 during the reporting period[10] Changes in Assets - Engineering materials increased by 71.02% compared to the beginning of the period, mainly due to increased procurement of engineering materials[8] - Other non-current assets increased by 254.71% compared to the beginning of the period, due to an increase in prepayments for fixed assets[8] - Prepayments increased by 30.04% compared to the beginning of the period, due to an increase in customer prepayments[8]