金奥博(002917) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥68,657,753.24, a decrease of 15.79% compared to ¥81,534,784.82 in the same period last year[8] - The net profit attributable to shareholders was ¥8,688,588.58, down 16.67% from ¥10,426,634.06 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥5,922,373.81, a decline of 39.39% compared to ¥9,771,220.76 in the previous year[8] - Basic earnings per share were ¥0.08, down 33.33% from ¥0.12 year-on-year[8] - The expected net profit attributable to shareholders for the first half of 2018 is projected to range from ¥27.20 million to ¥33.00 million, reflecting a decrease of 9.69% compared to the same period in 2017[22] - The company's earnings per share decreased by ¥0.04, a reduction of 33.33%, primarily due to the increase in share capital from the IPO in December 2017[18] Cash Flow and Assets - The net cash flow from operating activities was -¥26,828,252.55, a significant decrease of 320.74% from ¥12,153,665.69 in the same period last year[8] - Cash and cash equivalents decreased by ¥268.12 million, a reduction of 57.63%, primarily due to the company's strengthened fund management and investment in financial products[17] - Other current assets increased by ¥2,151.74 million, a significant increase of 5070.46%, mainly from the investment of temporarily idle raised funds in financial products[17] - Net cash flow from operating activities decreased by ¥389.82 million, a decline of 320.74%, mainly due to increased procurement for existing orders and rising accounts receivable[18] - The net increase in cash and cash equivalents decreased by ¥277.57 million, a decline of 2938.52%, primarily due to reduced cash flow from operating and investing activities[18] Equity and Liabilities - The total assets at the end of the reporting period were ¥748,418,870.30, a slight decrease of 0.38% from ¥751,305,543.57 at the end of the previous year[8] - The net assets attributable to shareholders were ¥589,775,880.77, down 2.41% from ¥604,343,904.61 at the end of the previous year[8] - Total liabilities decreased by ¥8.69 million, a reduction of 80.58%, mainly due to the distribution of 2017 annual bonuses[17] Government Support and Other Income - Government subsidies recognized in the current period amounted to ¥1,511,057.53, accounting for 17.39% of the net profit for the period, with a year-on-year increase of 22.2%[9] - Other non-operating income and expenses amounted to ¥15,490.00, representing an increase of 196.74% compared to the same period last year[9] Investment and Impairment - The company acquired 60% equity of Jiangsu Tianming Chemical Co., Ltd., enhancing its industry integration and profitability capabilities[19] - The company reported a significant increase in asset impairment losses by ¥606,700, a rise of 926.11%, due to increased provisions for bad debts and inventory depreciation[17] Return on Equity - The weighted average return on equity was 1.43%, down 2.65% from 4.08% in the previous year[8] - Investment income increased by ¥1.77 million, a rise of 630.80%, attributed to enhanced fund management and returns from financial investments[17]