先锋新材(300163) - 2017 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2017 was ¥180,129,139.88, a decrease of 0.89% compared to ¥181,746,910.02 in the same period last year[8] - Net profit attributable to shareholders was -¥1,078,080.30, representing a decline of 133.15% from ¥3,252,298.92 year-on-year[8] - Basic and diluted earnings per share were both -¥0.0023, down 133.33% from ¥0.0069 in the same period last year[8] - The total profit for the period was -5.0086 million yuan, representing a decline of 256.85% year-on-year[23] - The net profit attributable to shareholders was -1.0781 million yuan, down 133.15% from the previous year[23] - Operating profit for the current period is -¥5,672,587.68, compared to an operating profit of ¥2,922,523.78 in the previous period[42] - Net profit for the current period is -¥3,915,754.38, down from a net profit of ¥3,105,076.39 in the previous period[42] - Earnings per share (basic and diluted) for the current period is -¥0.0023, compared to ¥0.0069 in the previous period[43] Cash Flow - Net cash flow from operating activities was -¥22,574,320.83, a significant decrease of 170.32% compared to ¥32,104,375.72 in the previous year[8] - Cash flow from operating activities is ¥145,936,040.41, a decrease from ¥194,049,760.23 in the previous period[49] - The net cash flow from operating activities was -22,574,320.83 CNY, a decrease compared to 32,104,375.72 CNY in the previous period, indicating a significant decline in operational performance[50] - Total cash inflow from operating activities was 151,919,295.94 CNY, while cash outflow was 174,493,616.77 CNY, resulting in a net cash outflow of 22,574,320.83 CNY[50] - The company reported a total cash inflow from operating activities of 69,313,103.08 CNY, while cash outflow was 53,870,794.19 CNY, resulting in a net cash flow of 15,442,308.89 CNY[54] - The cash flow from investment activities showed a net outflow of 683,818.02 CNY, compared to a larger outflow of 10,984,407.09 CNY in the previous period[51] - Cash flow from financing activities resulted in a net outflow of 5,360,534.17 CNY, a decrease from 14,536,278.83 CNY in the previous period[51] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,210,069,155.67, a decrease of 1.62% from ¥1,230,000,954.23 at the end of the previous year[8] - Total current assets increased to CNY 532,221,003.59 from CNY 487,515,937.61, representing an increase of approximately 9.5%[33] - Total non-current assets decreased to CNY 677,848,152.08 from CNY 742,485,016.62, a decline of about 8.7%[34] - Total liabilities decreased to CNY 452,822,006.98 from CNY 473,336,898.07, reflecting a reduction of approximately 4.3%[35] - The total equity attributable to shareholders increased to CNY 741,459,294.22 from CNY 738,742,597.15, a slight increase of about 0.2%[36] - Cash and cash equivalents decreased to CNY 157,972,424.92 from CNY 184,851,858.66, a decline of approximately 14.5%[33] - Inventory decreased to CNY 175,417,056.16 from CNY 181,161,639.30, a decrease of about 3.1%[33] Market and Operational Risks - The company faces market risks due to supply shortages in certain regions despite increased production capacity in Australia[10] - Human resource risks include challenges in recruiting skilled sales personnel for new stores and a shortage of high-quality management talent[11] - The company has made preparations for technology and capacity in the energy-saving shading industry, but faces risks related to policy changes and slow market development[12] - The company plans to strengthen market research and improve resource allocation to mitigate market risks[25] Shareholder Information - The top shareholder, Lu Xianfeng, holds 36.49% of the shares, with a total of 172,957,978 shares, of which 129,718,483 are pledged[14] Dividends - The company will distribute a cash dividend of 0.50 yuan per share based on the total share capital of 474 million shares[27] Other Financial Metrics - Other receivables increased by 816.43% to 63.66 million yuan due to unreceived payments from equity transfers[21] - Financial expenses decreased by 76.01% to 674,768.67 yuan, primarily due to exchange rate fluctuations[21] - Asset impairment losses rose by 297.64% to 4.03 million yuan, attributed to bad debt provisions for unreceived equity transfer payments[21] - Cash received from tax refunds increased by 167.43% to 5.34 million yuan, driven by higher export tax rebates[22] - The company reported an asset impairment loss of ¥4,029,417.49, compared to ¥1,013,325.74 in the previous period[42] - Sales expenses increased to ¥59,763,089.59 from ¥55,026,187.69 in the previous period[42] - Other comprehensive income after tax for the current period is ¥4,498,846.91, slightly down from ¥4,560,527.21 in the previous period[42] Audit Information - The company’s cash flow statement for the first quarter was not audited[56]