实丰文化(002862) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥78,482,472.70, a decrease of 5.34% compared to ¥82,907,168.41 in the same period last year[8] - The net profit attributable to shareholders was ¥4,672,929.53, down 9.33% from ¥5,153,642.13 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥3,718,443.62, reflecting a decline of 24.94% compared to ¥4,954,148.13 in the previous year[8] - Basic earnings per share were ¥0.06, down 33.33% from ¥0.09 year-on-year[8] - The company expects net profit attributable to shareholders for the first half of 2018 to decline by 30.00% to 10.00% compared to the same period in 2017[17] - The decline in performance is mainly due to foreign exchange losses from RMB appreciation and increased depreciation and transaction costs related to the subsidiary's office building[17] Cash Flow and Assets - The net cash flow from operating activities was -¥27,754,429.45, a decrease of 31.41% from -¥21,121,079.86 in the same period last year[8] - Cash and cash equivalents decreased by 55.29% to ¥68,847,413.89 due to reduced net cash flow from operating activities and idle funds used for wealth management[15] - The total assets at the end of the reporting period were ¥581,309,313.74, a decrease of 1.15% from ¥588,053,856.64 at the end of the previous year[8] - The net assets attributable to shareholders increased by 0.86% to ¥546,526,550.71 from ¥541,860,239.59 at the end of the previous year[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,317[11] - The largest shareholder, Cai Junquan, holds 40.71% of the shares, amounting to 32,569,100 shares, with 8,110,000 shares pledged[11] Operational Changes - Accounts receivable increased by 13.06% to ¥99,420,567.31 as the company extended customer credit policies in response to market changes[15] - Prepayments rose by 64.09% to ¥42,633,644.27 due to concentrated procurement of raw materials based on future sales orders[15] - Inventory decreased by 19.81% to ¥34,090,183.21 as the first quarter is typically a sales off-season[15] - Operating revenue declined by 5.34% to ¥78,482,472.70 primarily due to a decrease in overseas orders[15] Financial Expenses - Financial expenses surged by 561.69% to ¥3,262,397.28 due to significant foreign exchange losses from the appreciation of the RMB[15] Investment Activities - Investment activities generated a net cash flow of -¥54,167,438.59, a 944.68% increase due to purchases of bank wealth management products[15]