通达股份(002560) - 2016 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2016 was CNY 239,232,762.49, representing a 53.22% increase compared to CNY 156,138,697.29 in the same period last year[8]. - Net profit attributable to shareholders decreased by 5.56% to CNY 10,278,780.73 from CNY 10,883,539.15 year-on-year[8]. - The net profit after deducting non-recurring gains and losses increased by 23.49% to CNY 10,191,918.24 from CNY 8,253,390.02 in the previous year[8]. - The basic earnings per share decreased by 12.50% to CNY 0.07 from CNY 0.08 in the same period last year[8]. - The diluted earnings per share also decreased by 12.50% to CNY 0.07 from CNY 0.08 year-on-year[8]. - The weighted average return on equity was 0.71%, down from 0.78% in the previous year[8]. - The net profit attributable to shareholders for the first half of 2016 is expected to increase by 0.00% to 30.00%, ranging from 28.98 million to 37.67 million yuan[28]. - The increase in net profit is attributed to the large number of domestic ultra-high voltage projects being initiated, leading to an expected rise in related orders and revenue compared to the same period last year[28]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -78,102,138.06, worsening by 15.42% compared to CNY -67,668,192.44 in the same period last year[8]. - Total assets at the end of the reporting period were CNY 2,467,797,675.89, a 5.95% increase from CNY 2,329,120,123.71 at the end of the previous year[8]. - The net assets attributable to shareholders increased by 1.36% to CNY 1,444,786,597.21 from CNY 1,425,351,197.76 at the end of the previous year[8]. - Investment activities generated a net cash flow of -CNY 26,334,354.47, a decrease of 109.61% compared to CNY 273,989,569.06 in the previous period, mainly due to payments for construction equipment and equity acquisition[18]. - Financing activities generated a net cash flow of CNY 86,796,864.48, an increase of 66.22% compared to CNY 52,217,734.48 in the previous period, primarily due to increased short-term borrowings[18]. Operating Performance - Operating revenue increased by 38.87% to CNY 243,589,950.69 compared to CNY 175,411,992.29 in the previous period, primarily due to increased sales revenue from the parent company[18]. - Operating costs rose by 43.78% to CNY 202,032,282.12, reflecting the increase in operating revenue[18]. Liabilities and Shareholder Information - Short-term borrowings increased by 30.80% to CNY 407,059,736.58, mainly due to bank loans for purchasing raw materials[18]. - Accounts payable surged by 124.17% to CNY 41,851,793.76, attributed to an increase in payable material costs[18]. - The total number of ordinary shareholders at the end of the reporting period was 28,547[12]. Other Financial Activities - Other receivables increased significantly by 400.69% to CNY 28,834,488.31, primarily due to deposits paid for acquiring equity in Chengdu Hangfei[18]. - Deferred income tax liabilities increased by 387.18% to CNY 690,395.65, mainly due to changes in the fair value of available-for-sale financial assets[18]. - Other comprehensive income showed a significant change, with a decrease of 220.59% to CNY 3,912,242.00, also related to the fair value changes of available-for-sale financial assets[18]. - The company completed the acquisition of 100% equity in Chengdu Hangfei for CNY 29,000 million, with the registration completed on April 15, 2016[19]. Compliance and Governance - The company has no violations regarding external guarantees during the reporting period[32]. - There are no non-operating fund occupations by controlling shareholders or their related parties during the reporting period[33]. - The company did not engage in any research, communication, or interview activities during the reporting period[34].