银宝山新(002786) - 2018 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2018 was ¥635,181,234.13, representing a 7.81% increase compared to ¥589,148,660.12 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥16,580,695.42, a decrease of 306.02% from a profit of ¥8,048,236.85 in the previous year[8] - The net cash flow from operating activities was negative at ¥38,044,963.09, down 240.84% from ¥27,013,023.34 in the same period last year[8] - The basic earnings per share were -¥0.04, a decline of 300.00% from ¥0.02 in the previous year[8] - Operating profit declined by 296.70% to -¥23,504,401.33, attributed to a slowdown in 4G investment and poor performance in communication structural components[15] - Total profit decreased by 296.90% to -¥23,884,285.34, reflecting similar challenges in the business environment[15] - Net profit attributable to shareholders fell by 306.02% to -¥16,580,695.42, driven by the same factors affecting operating profit[15] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,823,888,759.56, a decrease of 0.75% from ¥3,852,629,300.86 at the end of the previous year[8] - The net assets attributable to shareholders were ¥1,086,404,404.59, down 1.62% from ¥1,104,330,237.99 at the end of the previous year[8] - Accounts receivable increased by 31.73% to ¥169,356,221.53 due to higher settlement volume and fewer bill discounts during the period[15] - Other current assets decreased by 38.10% to ¥23,386,559.64, primarily due to a reduction in retained VAT at the end of the period[15] - Asset impairment losses skyrocketed by 2861.23% to ¥13,608,456.43, resulting from increased inventory write-downs and higher accounts receivable[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 35,296[11] - The largest shareholder, Tianjin Zhongyin Industrial Development Co., Ltd., held 35.74% of the shares, totaling 136,266,000 shares[11] - The company did not engage in any repurchase transactions during the reporting period[12] Other Financial Metrics - Financial expenses surged by 198.46% to ¥23,301,421.26 due to increased financing needs and higher interest expenses[15] - Investment income rose by 139.88% to ¥1,096,690.07, reflecting improved returns from joint ventures[15] - The company reported non-recurring gains and losses totaling ¥3,960,365.09 for the period[9] Future Outlook - The company expects a net loss of between ¥1,000,000 and ¥0 for the first half of 2018, compared to a profit of ¥3,031,950 in the same period of 2017[19] - The company is awaiting approval from the China Securities Regulatory Commission for its public offering plan, which remains uncertain[16]