丰元股份(002805) - 2017 Q1 - 季度财报

Financial Performance - Revenue for Q1 2017 was CNY 70,518,496.02, representing a 14.66% increase compared to CNY 61,504,378.32 in the same period last year[8] - Net profit attributable to shareholders was CNY 8,107,043.49, up 21.01% from CNY 6,699,613.79 year-over-year[8] - Net profit excluding non-recurring items decreased by 25.56% to CNY 4,638,293.49 from CNY 6,230,616.29 in the previous year[8] - The estimated net profit attributable to shareholders for the first half of 2017 is expected to range from 13.00 million CNY to 17.00 million CNY, representing a change of -10.65% to 16.84% compared to the same period in 2016[18] - The net profit for the first half of 2016 was 14.55 million CNY, indicating a potential increase in profitability for the current reporting period[18] Cash Flow - Operating cash flow turned negative at CNY -2,840,829.99, a decline of 117.55% compared to CNY 16,188,380.00 in the same period last year[8] - The net cash flow from operating activities decreased by 117.55% compared to the same period last year, primarily due to a decrease in cash received from sales by 12.19 million CNY and an increase in cash paid for purchases by 8.48 million CNY[16] - The net cash flow from investing activities increased by 17.67 million CNY compared to the same period last year, mainly due to an increase in cash payments for fixed assets and other long-term assets by 22.83 million CNY[16] - The net cash flow from financing activities decreased by 100%, with no inflow or outflow during the reporting period, resulting in a net cash flow of 0.00 CNY[16] Assets and Shareholder Information - Total assets increased by 1.89% to CNY 575,156,729.50 from CNY 564,486,740.94 at the end of the previous year[8] - Net assets attributable to shareholders rose by 1.51% to CNY 546,050,317.11 from CNY 537,944,865.62 at the end of the previous year[8] - The number of ordinary shareholders at the end of the reporting period was 17,042[11] - The largest shareholder, Zhao Guanghui, holds 43.54% of the shares, totaling 42,200,000 shares, with 3,250,000 shares pledged[11] Government Subsidies and Other Financial Changes - Government subsidies recognized in the current period amounted to CNY 4,625,000.00, with a net impact of CNY 3,468,750.00 after tax[9] - Significant increase in other receivables by CNY 789,300, primarily due to increased working capital and temporary loans[15] Factors Affecting Performance - The main factors affecting performance are changes in sales prices of major products and fluctuations in prices of key raw materials[18]