德联集团(002666) - 2016 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2016 was ¥427,319,679.69, representing an increase of 8.39% compared to ¥394,259,950.70 in the same period last year[8]. - Net profit attributable to shareholders decreased by 2.45% to ¥34,057,867.53 from ¥34,912,846.71 year-on-year[8]. - The net profit after deducting non-recurring gains and losses fell by 21.55% to ¥26,318,397.10 compared to ¥33,549,493.56 in the previous year[8]. - The net profit attributable to shareholders for the first half of 2016 is expected to be between 58.15 million and 87.24 million RMB, representing a year-on-year change of -20.00% to 20.00%[23]. - The net profit for the first half of 2015 was 72.70 million RMB, indicating potential growth in revenue due to increased sales and service income from the automotive sector[23]. - The company anticipates a positive net profit, indicating no turnaround from a loss situation[23]. Cash Flow and Assets - The net cash flow from operating activities decreased significantly by 57.10% to ¥19,900,093.49 from ¥46,388,952.95 in the same period last year[8]. - Cash and cash equivalents increased by 174.60% to ¥1,235,177,943.27, primarily due to the recovery of matured fundraising financial products[15]. - Total assets at the end of the reporting period increased by 2.91% to ¥3,306,770,030.13 from ¥3,213,355,056.76 at the end of the previous year[8]. - The net assets attributable to shareholders rose by 1.25% to ¥2,678,884,833.22 from ¥2,645,871,286.68 at the end of the previous year[8]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 41,126[11]. - The largest shareholder, Xu Tuanhua, holds 37.54% of the shares, amounting to 283,170,936 shares, with 212,378,202 shares pledged[11]. - The company did not engage in any repurchase transactions during the reporting period[12]. Receivables and Payables - Accounts receivable decreased by 41.92% to ¥230,470,039.41, mainly due to the collection of sales payments[16]. - Other receivables increased by 55.54% to ¥14,328,313.56, mainly due to increased inter-company transactions[16]. - Tax payable decreased by 89.40% to ¥2,691,869.34, mainly due to tax payments from the previous year[19]. - Cash paid for taxes increased by 108.67% to ¥46,945,108.33, primarily due to higher VAT and income tax payments[19]. Expenses and Income - Financial expenses rose by 779.06% to ¥3,118,249.92, primarily due to increased loan interest expenses[18]. - Management expenses increased by 57.57% to ¥45,139,634.28, driven by higher wages and depreciation[18]. - Investment income surged by 46,780.94% to ¥10,741,255.61, resulting from the maturity of fundraising financial products[18]. - Prepayments increased by 63.28% to ¥240,760,467.18, attributed to increased procurement and prepayment of goods[16]. - Cash received from investments amounted to ¥800,000,000.00, primarily from the recovery of matured fundraising financial products[19]. Return on Investment - The weighted average return on net assets decreased to 1.28% from 1.81% year-on-year[8].