朗源股份(300175) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2018 was ¥62,771,847.70, a decrease of 9.80% compared to ¥69,588,750.29 in the same period last year[8] - Net profit attributable to shareholders was -¥4,567,921.81, representing a decline of 107.97% from ¥57,284,501.24 year-on-year[8] - Basic and diluted earnings per share were both -¥0.0097, down 107.97% from ¥0.1217 in the same period last year[8] - The company's operating revenue for the reporting period was RMB 62,771,847.70, a decrease of 9.80% compared to RMB 69,588,750.29 in the same period last year[22] - Fresh fruit business revenue was RMB 20,596,080.83, down 43.69% year-on-year, while dried fruit business revenue increased by 57.70% to RMB 14,673,904.15, and nut business revenue rose by 15.53% to RMB 21,821,140.86[22] - The operating profit was reported at a loss of CNY 4,320,549.81, compared to a profit of CNY 77,700,977.47 in the same period last year[43] - The total comprehensive income for the quarter was CNY -31,090,625.80, compared to CNY 81,690,704.91 in the prior period[44] - Other comprehensive income after tax was CNY -26,522,703.99, compared to CNY 24,406,203.67 in the same period last year[44] Cash Flow - Net cash flow from operating activities decreased by 62.82% to ¥15,468,806.94 from ¥41,600,921.72 in the previous year[8] - The company's cash inflow from operating activities was RMB 67,669,405.69, a decrease of 49.99% from RMB 135,322,328.71 in the previous year[20] - Operating cash inflow totaled ¥67,669,405.69, down 50% from ¥135,322,328.71 in the previous period[50] - Total cash inflow from operating activities was ¥58,836,377.08, down from ¥144,379,608.86 in the previous period[53] - Cash outflow from financing activities totaled ¥311,971,581.40, with no cash inflow reported[51] - The net increase in cash and cash equivalents was ¥6,851,725.58, compared to a decrease of ¥136,500,899.09 in the previous period[51] - The ending balance of cash and cash equivalents was ¥93,754,821.08, up from ¥52,279,250.15 last year[51] Assets and Liabilities - Total assets at the end of the reporting period were ¥853,257,917.52, a decrease of 5.05% from ¥898,593,939.38 at the end of the previous year[8] - Net assets attributable to shareholders decreased by 5.40% to ¥783,821,526.64 from ¥828,563,632.08 at the end of the previous year[8] - The company's current assets totaled CNY 360,023,599.87, down from CNY 364,227,302.22, indicating a decrease of about 1.17%[34] - Total liabilities were CNY 69,436,390.88, a slight decrease from CNY 70,030,307.30, reflecting a decline of about 0.85%[36] - Total equity decreased to CNY 789,563,513.64 from CNY 817,839,953.55 year-over-year[43] Investment and Subsidies - The company reported a government subsidy of ¥351,900.00 during the reporting period[9] - Investment income for the reporting period was -RMB 422,615.91, a decrease of 100.64% compared to RMB 65,614,628.88 in the previous year, primarily due to no investment income during the period[20] - The company has initiated a commodity futures hedging business with a maximum investment of RMB 50 million using idle funds[24] - The company has also agreed to participate in securities lending transactions involving up to 14 million shares of Yonghui Superstores Co., Ltd.[24] Risks and Challenges - The company is facing risks related to the cyclical nature of agricultural products and trade barriers in Southeast Asia, particularly Indonesia[11] - The company aims to transition to a dual business model of "agricultural product processing + data center" but is experiencing slow progress due to technical and team-building challenges[11] - The company has established an independent futures department to manage the risks associated with apple futures trading[12] Procurement and Sales - The total procurement amount from the top five suppliers was RMB 16,851,732.78, accounting for 18.77% of the total procurement during the reporting period[23] - The total sales amount from the top five customers was RMB 24,406,949.01, representing 40.64% of the total sales during the reporting period[23] Taxation - Tax and additional charges for the reporting period were RMB 427,420.81, a decrease of 52.76% from RMB 904,851.49 in the same period last year, mainly due to reduced VAT payments[20]