DVX(SZ:300167)2018-04-26 16:00Financial Performance - Total revenue for Q1 2018 was ¥58,951,045.84, a decrease of 27.95% compared to ¥81,816,345.07 in the same period last year[7] - Net profit attributable to shareholders was -¥2,078,034.40, an improvement of 27.38% from -¥2,861,386.03 year-on-year[7] - Basic earnings per share were -¥0.0069, showing a 31.00% improvement from -¥0.01 in the same period last year[7] - The company reported a revenue of CNY 58,951,045.84, a decrease of 27.95% compared to the same period last year[16] - The net profit attributable to shareholders was CNY -2,078,034.40, an increase of 27.38% year-on-year[17] - Net profit for Q1 2018 was a loss of CNY 2,892,811.18, an improvement from a loss of CNY 5,916,785.13 in Q1 2017[36] - The total comprehensive income attributable to the parent company was CNY -2,250,590.66, compared to CNY -2,850,904.05 in the previous year[40] Cash Flow - Net cash flow from operating activities was -¥59,549,308.37, a decline of 781.07% compared to ¥8,743,528.40 in the previous year[7] - Cash and cash equivalents decreased by 45.15% to CNY 96,926,444.33 due to increased payments for goods[15] - The cash flow from investment activities was -11,154,785.47, compared to -700,000.00 previously, indicating a decline of 1494.9%[49] - The company experienced a cash flow deficit in financing activities of CNY -16,771,826.18, compared to CNY -130,120,052.60 in the previous year[45] - Total cash inflow from operating activities was 59,516,427.91, down from 101,881,567.60, representing a decrease of about 41.5%[47] - Cash outflow from operating activities totaled 78,177,607.58, an increase of 131.8% compared to 33,723,665.87 in the previous period[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,233,451,890.65, down 4.84% from ¥1,296,229,588.05 at the end of the previous year[7] - The total assets of Shenzhen Diwei Xun Co., Ltd. as of March 31, 2018, amounted to CNY 1,233,451,890.65, a decrease from CNY 1,296,229,588.05 at the beginning of the year, reflecting a decline of approximately 4.8%[27] - The total current liabilities decreased to CNY 482,162,879.08 from CNY 493,000,000.00, reflecting a decrease of approximately 2.2%[28] - Total liabilities decreased to CNY 551,137,623.11 from CNY 545,754,107.56 at the beginning of the year[33] Investments and Projects - The company confirmed revenue of CNY 19,581,341.86 from the "Three Highs and One Fast" intelligent traffic management system project, with a contract amount of CNY 26,960,170.00[18] - The total contract amount for the smart city training base project was CNY 66,983,750, with confirmed revenue of CNY 34,465,240.35[18] - The company has a pending contract for the green ecological poverty alleviation industrial park project with a tentative amount of CNY 990 million, confirming revenue of CNY 101,267,735.85[19] Risks and Management - The company faces risks related to project management, particularly in long-term projects with significant investments and complex management chains[9] - The company is facing risks that may adversely affect future operations, as indicated in the risk warning section[17] - The company aims to enhance its operational management capabilities and expand market share to address increasing competition in the smart city sector[9] Shareholder Information - The top shareholder, Beijing Ance Hengxing Investment Co., Ltd., holds 40.19% of the shares, with 106,256,198 shares pledged[10] - The company has not conducted any repurchase transactions among its top shareholders during the reporting period[12] - The company reported no violations regarding external guarantees during the reporting period[22] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[23] - The company has committed to not engaging in competitive business activities that could harm its operations, and it has adhered to this commitment without any violations[21]