先锋电子(002767) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was ¥62,051,604.09, a decrease of 0.15% compared to ¥62,146,918.27 in the same period last year[8] - Net profit attributable to shareholders was ¥7,415,328.85, down 31.06% from ¥10,756,389.11 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥7,415,328.85, a decrease of 27.92% compared to ¥10,288,029.76 in the previous year[8] - Basic and diluted earnings per share were both ¥0.05, representing a decrease of 28.57% from ¥0.07 in the previous year[8] - Total profit decreased by 31.56% to ¥8,139,856.16, attributed to a decline in gross profit margin compared to the previous year[14] - The company expects net profit attributable to shareholders for the first half of 2017 to decrease by 30.00% to 10.00%, ranging from ¥1,346.36 million to ¥2,115.71 million[17] Cash Flow and Assets - The net cash flow from operating activities was -¥27,010,602.52, a decline of 3.21% from -¥26,171,394.71 in the same period last year[8] - Cash and cash equivalents decreased by 33.11% to ¥60,516,000.50, primarily due to increased investment in financial products[14] - The net cash flow from investment activities increased by 475.16% to ¥182,071,107.10, reflecting higher expenditures on fixed assets and financial products[14] - Total assets at the end of the reporting period were ¥766,163,242.58, a decrease of 0.50% from ¥769,991,342.01 at the end of the previous year[8] - Net assets attributable to shareholders increased by 1.11% to ¥673,509,934.85 from ¥666,094,606.00 at the end of the previous year[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,593[10] - Major shareholder Shi Zhengmin holds 49.06% of the shares, while Shi Yimin holds 22.50%[10] Investment and Expenses - Investment income surged by 2080.01% to ¥286,498.10, mainly due to increased net profit from related parties[14] - The company’s financial expenses decreased by 48.74% to -¥3,402,256.04, driven by higher interest income compared to the same period last year[14] Other Financial Metrics - The weighted average return on equity was 1.09%, down from 1.73% year-on-year, a decrease of 0.64%[8] - The increase in construction in progress was 550.67%, reaching ¥491,074.39, due to the acquisition of fixed assets[14] - Other receivables rose by 36.67% to ¥1,660,209.25, primarily due to an increase in employee advances[14] - Prepayments increased by 86.70% to ¥130,496.44, reflecting a rise in customer prepayments[14] Market Outlook - The company anticipates that competition in the terminal product market will impact gross margins, affecting overall performance in the upcoming period[17]