通合科技(300491) - 2017 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2017 was ¥31,022,737.78, a decrease of 12.67% compared to ¥35,521,636.34 in the same period last year[8] - Net profit attributable to shareholders was -¥1,779,538.30, representing a decline of 127.95% from ¥6,366,528.87 year-on-year[8] - Net cash flow from operating activities was -¥22,544,893.79, a significant drop of 473.82% compared to ¥6,030,950.79 in the previous year[8] - The total profit was -1.85 million yuan, down 125.31% from 7.30 million yuan in the previous year[27] - The net profit for the current period is a loss of CNY 1,779,538.30, a significant decline from a net profit of CNY 6,366,528.87 in the previous period[63] - The company reported a cash outflow from investing activities of -2,660,309.78 CNY, compared to -38,185,778.93 CNY in the same period last year, indicating an improvement in cash flow management[72] Assets and Liabilities - The total assets at the end of the reporting period were ¥549,615,317.45, a decrease of 2.80% from ¥565,463,153.44 at the end of the previous year[8] - The company's total current assets were reported at CNY 351,641,518.65, down from CNY 369,972,840.74 at the beginning of the period[54] - The total liabilities decreased to CNY 134,583,706.25 from CNY 151,024,728.94, indicating a reduction of about 10.9%[56] - The company's cash and cash equivalents decreased to CNY 174,388,745.98 from CNY 203,401,144.01, reflecting a decline of approximately 14.2%[54] Revenue Breakdown - The proportion of revenue from charging power systems increased from 26.12% to 39.79% year-on-year[14] - Revenue from sales of goods and services dropped by 68.31% to ¥24,047,540.77 compared to the previous year[25] - Sales revenue from electric vehicle charging power systems reached 12.34 million yuan, an increase of 33.04%, accounting for 39.79% of total revenue[27] - Revenue from electric power operation power systems was 14.65 million yuan, up 10.32%, representing 47.23% of total revenue[27] Expenses and Costs - Management expenses increased by 44.51% to ¥12,295,985.67, driven by higher R&D and equity incentive costs[25] - Total operating costs for the current period are CNY 35,473,854.61, compared to CNY 30,608,548.54 in the previous period, indicating an increase of about 15.5%[62] - The gross profit margin for the current period is negative, with a gross profit of CNY -4,143,079.16 compared to a profit of CNY 4,913,087.80 in the previous period[63] Research and Development - The company plans to enhance R&D investment to maintain its competitive edge and adapt to market demands[12] - R&D investment amounted to 6.38 million yuan, an increase of 230.84% year-on-year, constituting 20.57% of operating revenue[29] - The company emphasizes the importance of research and development, increasing investment to enhance product market competitiveness[36] Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,411[17] - The top three shareholders hold the following percentages: 贾彤颖 19.72%, 马晓峰 16.46%, and 李明谦 16.46%[17] - The company plans to distribute a cash dividend of CNY 2.00 per 10 shares, totaling CNY 16,206,000.00, based on a share capital of 81,030,000 shares[47] Inventory and Accounts Receivable - Accounts receivable at the end of the reporting period was ¥103,194,400, reflecting a growth of 0.48% from ¥102,704,900 at the beginning of the period[14] - Inventory at the end of the reporting period was ¥34,241,300, an increase of 7.53% from ¥31,844,200 at the beginning of the period[15] - The company has established a strict accounts receivable management system to minimize bad debt risks[40] Market and Competition - The gross profit margin for charging power systems and electric vehicle power supplies has decreased significantly due to increased competition in the market[11] - The company faces risks of declining gross margins due to increased competition in the electric vehicle sector[34] - The company is closely monitoring industry policy changes to adjust market strategies accordingly[38]