*ST佳沃(300268) - 2017 Q1 - 季度财报

Financial Performance - Total revenue for the first quarter was CNY 179,803.67, compared to CNY 0.00 in the same period last year[9] - Net profit attributable to shareholders was a loss of CNY 728,584.50, an improvement of 64.12% from a loss of CNY 2,030,378.87 in the previous year[9] - Basic and diluted earnings per share were both CNY -0.0054, showing a 64.47% improvement from CNY -0.0152 in the previous year[9] - The total comprehensive income for the first quarter was CNY -728,584.50, compared to CNY -2,030,378.87 in the previous year[42] - The net profit for the first quarter was CNY -728,584.50, compared to CNY -2,030,378.87 in the same period last year, indicating an improvement[42] Cash Flow - Net cash flow from operating activities was a negative CNY 3,628,780.65, a decline of 61.47% compared to a negative CNY 2,247,281.56 in the same period last year[9] - The company experienced a cash outflow from operating activities totaling CNY 3,891,086.25, compared to CNY 2,730,134.64 in the previous period[48] - The net cash flow from operating activities was -3,485,622.50 yuan, compared to -3,422,707.43 yuan in the previous period, indicating a slight increase in cash outflow[50] - Cash outflow from operating activities totaled 3,745,679.67 yuan, down from 6,492,713.36 yuan in the previous period, indicating a reduction of approximately 42.5%[50] - The cash outflow for taxes paid was 83,497.76 yuan, compared to 6,476.53 yuan in the previous period, representing a substantial increase[50] Assets and Liabilities - Total assets at the end of the reporting period were CNY 235,214,887.27, a decrease of 1.34% from CNY 238,419,741.64 at the end of the previous year[9] - Total liabilities decreased from CNY 27,518,934.65 to CNY 25,042,664.78, a reduction of about 9.00%[34] - Current liabilities decreased from CNY 10,908,934.65 to CNY 8,562,664.78, a decline of approximately 21.38%[34] - Current assets decreased from CNY 50,164,755.37 to CNY 48,485,004.33, a reduction of about 3.35%[32] - Non-current assets decreased from CNY 188,254,986.27 to CNY 186,729,882.94, a decline of approximately 0.81%[33] Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 14,288, with the largest shareholder holding 26.57% of the shares[15] - The company has not engaged in any repurchase transactions among the top 10 shareholders during the reporting period[21] - There are no overdue commitments from the actual controller, shareholders, or related parties during the reporting period[25] Operational Changes - The company is currently undergoing an industrial restructuring and has entered a phase of temporary production suspension, with only minimal warehousing activities ongoing[21] - A significant asset restructuring plan is in progress, with ongoing discussions and evaluations among relevant parties and intermediaries[23] - The stock has been suspended since March 7, 2017, due to the major asset restructuring, and will remain suspended until further notice to protect investor interests[23] - The company anticipates a potential cumulative net loss from the beginning of the year to the next reporting period due to the ongoing restructuring and production suspension[26] Expenses and Costs - Total operating costs decreased from CNY 5,327,046.18 to CNY 4,554,854.84, a reduction of approximately 14.49%[40] - The company reported a significant increase in management expenses to CNY 4,014,680.12 from CNY 3,620,557.16 in the previous period[41] Other Financial Data - The company reported a net loss of CNY 302,225,581.66 in retained earnings, slightly worsening from a loss of CNY 301,496,997.16[35] - The company has not disclosed any major signed orders or significant changes in products or services during the reporting period[22] - There are no violations regarding external guarantees during the reporting period[27] - The company does not have any non-operating fund occupation by controlling shareholders or related parties during the reporting period[28] - There were no significant changes in major financial data or indicators during the reporting period[21] Investment Activities - Investment income for the quarter was CNY 3,466,666.67, slightly up from CNY 3,166,666.67 year-over-year[48] - Cash inflow from investment activities was 3,466,666.67 yuan, up from 3,166,666.67 yuan in the previous period, reflecting a growth of approximately 9.5%[52] - The net cash flow from investment activities was 2,258,677.67 yuan, compared to 1,846,666.67 yuan in the previous period, showing an increase of about 22.3%[52] Audit Status - The first quarter report was not audited, which may affect the reliability of the financial data presented[53]