晓程科技(300139) - 2017 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2017 was ¥72,443,211.13, representing a 15.32% increase compared to ¥62,818,760.19 in the same period last year[9] - Net profit attributable to shareholders was ¥6,966,882.27, up 17.87% from ¥5,910,481.21 year-over-year[9] - Basic earnings per share increased by 50.00% to ¥0.03 from ¥0.02 in the previous year[9] - Operating profit for the same period was 12.87 million yuan, reflecting a growth of 29.69% year-on-year[27] - Total profit reached 12.77 million yuan, marking a 30.91% increase compared to the previous year[27] - The net profit for Q1 2017 was CNY 6,702,748.84, an increase from CNY 4,864,979.47 in the same period last year, representing a growth of approximately 37.8%[57] - The total profit for Q1 2017 was CNY 12,769,939.86, up from CNY 9,754,690.11 in the previous year, reflecting a year-over-year increase of about 30.0%[57] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥10,514,009.32, a decline of 177.87% compared to ¥13,502,436.82 in the same period last year[9] - Cash flow from operating activities showed a net outflow of 10.51 million yuan, a decline of 177.87% compared to the previous year[25] - The cash flow from operating activities was CNY 50,962,318.09, down from CNY 66,011,351.98 in the previous period, representing a decrease of approximately 22.9%[64] - The net cash flow from operating activities was -31,899,491.13 CNY, compared to -6,798,251.67 CNY in the previous period, indicating a significant decline in operational performance[67] - Cash and cash equivalents decreased to 122,277,407.73 CNY from 144,812,980.84 CNY, reflecting a decline of about 15.6%[48] - Cash and cash equivalents at the end of the period decreased to 94,196,757.20 CNY from 148,241,668.30 CNY in the previous period, showing a reduction of approximately 36.4%[70] - The company’s total cash and cash equivalents decreased by 32,070,915.38 CNY during the period, indicating liquidity challenges[70] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,419,572,459.55, down 2.23% from ¥1,451,994,291.25 at the end of the previous year[9] - Non-current assets totaled CNY 797,590,573.68, up from CNY 770,980,630.68 at the beginning of the period[50] - Current liabilities totaled CNY 64,075,995.80, down from CNY 97,615,998.92 at the beginning of the period[50] - Total liabilities were CNY 82,088,744.81, compared to CNY 115,742,823.40 at the beginning of the period[50] - Total equity attributable to shareholders was CNY 1,315,329,585.44, slightly up from CNY 1,313,311,147.30[51] Shareholder Information - The total number of shareholders at the end of the reporting period was 25,453[17] - The largest shareholder, Cheng Yi, holds 28.74% of the shares, amounting to 78,750,000 shares, with 25,400,000 shares pledged[17] Investment and Projects - The company has signed a total contract amount of 100 million USD for the South Africa PPP project, with 5,028 electric meters installed by the end of the reporting period[33][34] - The company is expanding its solar power project in Ghana, with an expected average annual generation of 25 million kWh from the 20MW solar power station[32] - Xiaocheng Ghana Power Company acquired 65% equity in Sian Mining Company for $4.8 million, focusing on gold mining in Ghana[35] - The 378MW gas power plant project in Ghana is planned in two phases, with the first phase aiming for a 132MW single-cycle generator[35] - The company is increasing its focus on the mining sector, anticipating further investments in this area[35] Risks and Challenges - The company faces risks including currency fluctuations, funding pressures from large project investments, and potential delays in receivables collection due to expanding overseas operations[11][12][13][15] - The company is cautious about further investments in the digital sensor project due to market competition and lower-than-expected demand[39] Expenses - The company reported a 54.07% decrease in sales expenses, totaling 1.17 million yuan, attributed to reduced personnel costs[25] - The company's sales expenses decreased to CNY 1,174,206.38 from CNY 2,556,684.10, showing a reduction of approximately 54.0%[57] - The management expenses for Q1 2017 were CNY 16,964,819.92, down from CNY 18,152,257.96, indicating a decrease of about 6.5%[57] - The financial expenses improved significantly, showing a gain of CNY 320,824.75 compared to a loss of CNY 6,264,281.17 in the previous period[57] - The asset impairment loss increased to CNY 10,754,217.49 from CNY 3,063,661.64, marking a rise of approximately 250.0%[57]