力盛体育(002858) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥40,321,431.87, representing a 200.95% increase compared to ¥13,398,154.03 in the same period last year[8] - The net profit attributable to shareholders was -¥4,958,975.97, a 15.81% improvement from -¥5,889,874.67 year-on-year[8] - Basic earnings per share improved by 34.17% to -¥0.079 from -¥0.120 in the same period last year[8] - The company expects to turn a profit in the first half of 2018, compared to a net loss of ¥3,702,000 in the same period last year[18] Cash Flow and Assets - The net cash flow from operating activities was -¥35,252,633.30, which is a 35.92% decline compared to -¥25,936,159.55 in the previous year[8] - Cash and cash equivalents decreased by 36.57% to ¥49,041,139.34 due to increased working capital usage for new business[16] - Total assets at the end of the reporting period were ¥462,006,213.00, down 3.22% from ¥477,367,562.88 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 1.23% to ¥397,505,634.98 from ¥402,464,610.95 at the end of the previous year[8] - Accounts receivable dropped by 83.08% to ¥99,305,000 as a result of the maturity and realization of certain receivables[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,940[12] - The largest shareholder, Xia Qing, holds 23.99% of the shares, amounting to 15,150,000 shares, with 11,700,000 shares pledged[12] - The company did not engage in any repurchase transactions during the reporting period[13] Operational Highlights - Operating revenue surged by 200.95% to ¥40,321,431.87, driven by new venues generating income[16] - Operating costs increased by 214.55% to ¥36,639,843.06, corresponding to the revenue from new venues and subsidiaries established last year[16] - Net cash flow from operating activities was negative at -¥35,252,633.30, a 35.92% increase in outflow due to working capital usage[16] Investment and Financial Activities - Non-recurring gains and losses totaled ¥1,784,687.97, with significant contributions from investment income and government subsidies[9] - Investment income rose significantly by 2,366.26% to ¥1,241,623.61, attributed to operational improvements[16] - Prepayments increased by 752.55% to ¥27,803,200.52, mainly due to the use of working capital for new business[16] - Financial expenses decreased by 109.66% to ¥3,941.04, primarily due to reduced interest income from lower cash balances[16] - The company reported a net cash flow from investment activities of ¥6,973,870.01, reflecting the redemption of financial management funds[16]