ST恒久(002808) - 2018 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2018 was CNY 60,867,612.28, a decrease of 5.65% compared to CNY 64,515,620.08 in the same period last year[8] - Net profit attributable to shareholders was CNY 3,314,904.92, down 48.72% from CNY 6,464,398.20 year-on-year[8] - Basic earnings per share decreased to CNY 0.0173, down 48.66% from CNY 0.0337 in the same period last year[8] - The company reported a significant decline in net profit due to increased operational costs and market competition[8] - The company expects net profit attributable to shareholders for the first half of 2018 to range from 801.86 to 1,603.71 million, reflecting a potential decrease of 50.00% to 0.00% compared to the same period in 2017[19] Cash Flow and Financial Position - Net cash flow from operating activities was negative CNY 25,366,189.06, a decline of 415.25% compared to CNY 8,046,316.08 in the previous year[8] - Total assets at the end of the reporting period were CNY 626,478,836.62, an increase of 0.57% from CNY 622,898,240.51 at the end of the previous year[8] - Net assets attributable to shareholders increased to CNY 543,923,236.92, up 0.55% from CNY 540,957,167.11 at the end of the previous year[8] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,374[12] - The largest shareholder, Yu Rongqing, holds 39.52% of the shares, totaling 75,886,080 shares[12] Receivables and Prepayments - Accounts receivable decreased by 34.82% to 190,000 from 291,490 due to a reduction in bank acceptance bills[16] - Prepayments increased by 69.23% to 7,913,678 from 4,676,327 due to an increase in advance payments for goods[16] - Other receivables surged by 2027.31% to 163,251 from 7,674 primarily due to an increase in employee petty cash receivables[16] Financial Expenses and Income - Financial expenses rose by 755.12% to 3,623,601 from 423,751 due to increased foreign exchange losses from USD fluctuations[16] - Investment income increased by 38.72% to 1,011,628 from 729,268 due to higher investment returns from associates accounted for using the equity method[16] Tax and Foreign Exchange Impact - The company reported a 69.09% decrease in tax refunds received, dropping to 518,784 from 1,678,327 due to reduced export tax rebates[16] - The company experienced a significant foreign exchange impact, with cash and cash equivalents affected by -467.69% due to substantial USD fluctuations[17] Cash Flow from Operations - Cash paid for purchasing goods and services increased by 49.42% to 83,565,911 from 55,926,046 due to expanded production scale[17] - Cash received from investment income rose by 69.00% to 1,245,547 from 737,020 due to increased returns from financial products[17] Non-recurring Gains and Losses - Non-recurring gains and losses included government subsidies of CNY 378,900.00[9]