通宇通讯(002792) - 2018 Q1 - 季度财报(更新)

Financial Performance - The company's revenue for Q1 2018 was ¥282,860,790.48, a decrease of 3.61% compared to ¥293,456,929.92 in the same period last year[9]. - The net profit attributable to shareholders was a loss of ¥9,981,714.61, representing a decline of 140.06% from a profit of ¥24,919,674.80 in the previous year[9]. - The basic and diluted earnings per share were both -¥0.04, down 136.36% from ¥0.11 in the previous year[9]. - Total operating revenue for Q1 2018 was CNY 282,860,790.48, a decrease of 3.6% compared to CNY 293,456,929.92 in the same period last year[34]. - Net profit for Q1 2018 was a loss of CNY 10,467,012.14, compared to a profit of CNY 24,919,674.80 in Q1 2017, representing a significant decline[36]. - The company's gross profit margin decreased, with operating profit showing a loss of CNY 9,801,935.96 compared to a profit of CNY 29,128,239.68 in the previous year[35]. - Earnings per share for Q1 2018 was -CNY 0.04, down from CNY 0.11 in the same quarter last year[36]. Cash Flow - The net cash flow from operating activities was negative at ¥111,608,645.74, a significant decrease of 6,570.83% compared to ¥1,724,797.68 in the same period last year[9]. - The net cash flow from operating activities was -133,436,073.42 yuan, compared to -31,997,070.20 yuan in the previous period, indicating a significant decline in operational cash flow[46]. - Total cash inflow from investment activities was 39,083.33 yuan, while cash outflow was 16,729,817.33 yuan, resulting in a net cash flow from investment activities of -16,690,734.00 yuan, down from 397,943,985.37 yuan in the previous period[47]. - The net cash flow from financing activities was 496,693.33 yuan, compared to 3,564.00 yuan in the previous period, showing an increase in financing cash inflow[44]. - The total cash and cash equivalents at the end of the period amounted to 644,930,260.37 yuan, down from 914,213,062.49 yuan at the end of the previous period[47]. - The company reported a total cash outflow from operating activities of 424,025,935.49 yuan, compared to 349,668,010.48 yuan in the previous period[46]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,932,294,298.89, a decrease of 1.84% from ¥2,987,157,193.51 at the end of the previous year[9]. - The company's total current assets decreased to CNY 2,344,355,719.26 from CNY 2,440,151,101.18, reflecting a decline of approximately 3.93%[26]. - Total liabilities decreased to CNY 967,815,536.49 from CNY 1,012,305,798.04, a reduction of approximately 4.4%[28]. - The company's total equity decreased to CNY 1,964,478,762.40 from CNY 1,974,851,395.47, reflecting a decline of about 0.44%[29]. - The total liabilities amounted to CNY 818,313,960.37, while total equity was CNY 1,975,745,703.78[32]. Operational Insights - The decrease in profit is attributed to intensified competition in the telecommunications industry, leading to a decline in gross margin and an increase in operating expenses[18]. - Management expenses increased due to the consolidation of subsidiaries, while financial expenses decreased due to increased interest income[16]. - The company reported a decrease in sales expenses to CNY 21,101,800.26 from CNY 21,427,866.83 year-over-year[35]. - Management expenses increased to CNY 55,170,744.28, up from CNY 44,850,313.70 in the same period last year[35]. - The company did not report any non-operating fund occupation by controlling shareholders or related parties during the reporting period[20]. Other Financial Metrics - The company expects the net profit attributable to shareholders for the first half of 2018 to be between ¥0 and ¥15,000,000, indicating a potential decrease of 84.03% compared to ¥93,905,100 in the same period last year[18]. - The company reported an increase in prepaid accounts due to unliquidated project payments and an increase in other receivables mainly due to deposits[16]. - The company experienced a negative impact of -3,374,000.53 yuan from exchange rate fluctuations on cash and cash equivalents[44]. - Other comprehensive income after tax was a loss of CNY 245,901.64, compared to a loss of CNY 257,713.66 in the previous year[36].