海联讯(300277) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2018 was ¥15,443,097.19, a decrease of 44.05% compared to ¥27,602,166.57 in the same period last year[7] - Net profit attributable to shareholders was -¥2,101,950.41, representing a decline of 72.43% from -¥1,218,995.31 year-on-year[7] - Basic and diluted earnings per share were both -¥0.0063, down 75.00% from -¥0.0036 in the same period last year[7] - The company reported a net loss attributable to shareholders of 2.10 million yuan, an increase in loss of 882,955.1 yuan compared to the same period last year[17] - Net profit for the current period is CNY -4,883,959.00, compared to CNY -3,667,970.29 in the previous period, indicating a worsening financial performance[40] - Operating revenue for Q1 2018 was CNY 10,941,662.06, a decrease from CNY 21,498,834.38 in the previous year, representing a decline of approximately 49.1%[43] - Basic and diluted earnings per share for Q1 2018 were both CNY 0.0027, an increase from CNY 0.0016 in the same period last year[44] Cash Flow - Net cash flow from operating activities was -¥17,218,374.99, a significant drop of 261.49% compared to -¥4,763,114.83 in the previous year[7] - The net cash flow from operating activities for Q1 2018 was negative at CNY -17,218,374.99, worsening from CNY -4,763,114.83 in the previous year[48] - Cash outflow from operating activities was CNY 106,003,841.78, an increase from CNY 90,785,439.61 in the previous year, reflecting a rise of approximately 16.6%[47] - The net increase in cash and cash equivalents was -28,731,227.35, contrasting with an increase of 25,634,740.18 in the previous year[52] - The ending balance of cash and cash equivalents was 256,118,919.67, down from 293,261,497.34 at the end of the previous year[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥648,920,450.91, a decrease of 4.26% from ¥677,805,079.88 at the end of the previous year[7] - Total liabilities decreased to approximately 166.58 million CNY from 191.89 million CNY, a reduction of about 13.2%[34] - The total assets decreased from CNY 745,489,578.18 at the beginning of the period to CNY 711,626,983.42 at the end of the period[36] - Current liabilities decreased from CNY 262,979,864.75 to CNY 228,228,420.49, reflecting a reduction in short-term obligations[36] Operational Highlights - The company is focusing on optimizing its business structure and controlling costs to improve overall profitability amid increasing market competition[9] - Operating revenue for the reporting period was 15.44 million yuan, a year-on-year decrease of 44.05% attributed to a reduction in projects meeting completion conditions[17] - The company established a new subsidiary in Fuzhou with an investment of 4.08 million yuan, holding a 51% stake to enhance business expansion in the region[20] - The company anticipates a significant possibility of cumulative net losses for the first half of 2018 due to market conditions and seasonal factors[25] Shareholder Information - The company has a total of 20,305 common shareholders as of the end of the reporting period[11] - The first major shareholder, Zhongke Huitong, transferred 99,986,315 shares, accounting for 29.8467% of the total share capital, at a price of 11.04 CNY per share, totaling approximately 1.1 billion CNY[21] Other Financial Metrics - The company reported non-operating income of ¥1,218,000.00 from government subsidies during the reporting period[8] - The company’s tax expenses increased by 10,130 yuan, a year-on-year increase of 102.53% due to higher VAT payments[15] - Total operating costs for the current period amount to CNY 21,144,736.42, down from CNY 31,745,104.08 in the previous period[39] - Gross profit margin for the current period is negative, resulting in an operating loss of CNY -4,485,316.46 compared to a loss of CNY -2,964,321.90 in the previous period[40]