易联众(300096) - 2017 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2017 was ¥55,901,365.53, a decrease of 31.43% compared to ¥81,528,399.20 in the same period last year[7] - Net profit attributable to shareholders was -¥24,553,950.44, representing a decline of 485.92% from -¥4,190,692.58 year-on-year[7] - Basic and diluted earnings per share were both -¥0.0571, down 488.66% from -¥0.0097 in the same period last year[7] - The operating profit for the same period was -32.42 million RMB, reflecting a decline of 352.65% year-over-year[22] - The net profit attributable to shareholders was -24.55 million RMB, down 485.92% from the previous year[22] - The company reported a basic and diluted earnings per share of CNY -0.0571, compared to CNY -0.0097 in the previous period[42] - The net profit for the first quarter of 2017 was -13,574,549.87 CNY, compared to -5,939,134.56 CNY in the same period last year, indicating a significant increase in losses[46] Cash Flow - Net cash flow from operating activities was -¥95,051,593.03, a decrease of 30.58% compared to -¥72,790,251.95 in the previous year[7] - Cash flow from operating activities decreased by 30.58% due to increased payments for commercial factoring and financing leasing[21] - Cash inflow from operating activities totaled 147,493,150.64 CNY, significantly higher than 51,460,003.08 CNY in the same period last year, marking an increase of approximately 186.5%[48] - The cash outflow for operating activities was 242,544,743.67 CNY, compared to 124,250,255.03 CNY in the previous year, indicating an increase of approximately 95.5%[49] - The net cash flow from investment activities was -91,048,280.00 CNY, indicating a significant outflow compared to the previous quarter's -537,788.00 CNY[53] - Cash inflow from financing activities totaled 80,000,000.00 CNY, while cash outflow was 81,550,775.00 CNY, resulting in a net cash flow of -1,550,775.00 CNY[53] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,390,556,364.33, a decrease of 2.00% from ¥1,418,991,298.46 at the end of the previous year[7] - Net assets attributable to shareholders decreased by 3.45% to ¥687,172,059.92 from ¥711,726,010.37 at the end of the previous year[7] - The total assets decreased from 1,418,991,298.46 CNY to 1,390,556,364.33 CNY, a reduction of about 2%[35] - The total liabilities decreased from 674,222,700.49 CNY to 664,675,948.58 CNY, showing a decline of approximately 1.6%[34] - Current liabilities increased to CNY 662,450,597.16 from CNY 581,986,021.73, reflecting a rise of 13.8%[38] Operational Changes - The company faces technology risks due to rapid changes in software and information technology products, necessitating continuous R&D efforts[9] - The company is actively upgrading to an internet operation model to maintain its competitive edge in the industry[11] - The company has established a comprehensive after-sales service system to enhance its brand image and address operational risks[9] - The company is focusing on enhancing its core technology competitiveness through increased investment in talent and R&D[11] Expenses - The company experienced a 40.12% decrease in operating costs year-over-year, correlating with the decline in revenue[22] - Sales expenses increased by 37.71% year-over-year, driven by business expansion efforts[22] - The company incurred total operating expenses of 602,381.27 CNY in sales expenses, down from 796,836.26 CNY, showing a reduction of approximately 24.4%[46] - Management expenses were reported at 13,458,132.80 CNY, a decrease from 16,217,653.18 CNY, indicating a reduction of about 17.2%[46] Investments - Cash flow from investing activities saw a dramatic decrease of 621.83% primarily due to investments in a new associate company[21] - The company reported an investment loss of -1,040,006.32 CNY, compared to -398,291.88 CNY in the previous year, reflecting a worsening in investment performance[46] Shareholder Information - The company distributed a cash dividend of 0.05 CNY per share, totaling 2,150,000 CNY based on a share capital of 43 million shares[26] Miscellaneous - The company has no significant changes in major suppliers or customers during the reporting period[24] - There are no violations regarding external guarantees during the reporting period[27] - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties[28] - The company did not undergo an audit for the first quarter report[55] - The cash flow from operating activities was not detailed in the provided documents, indicating a potential area for further analysis[53]