爱司凯(300521) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2018 was ¥31,857,746.61, a decrease of 9.23% compared to ¥35,098,287.53 in the same period last year[7] - Net profit attributable to shareholders was ¥2,481,798.07, down 60.46% from ¥6,276,039.20 year-on-year[7] - Net profit excluding non-recurring gains and losses was ¥1,095,101.96, a decline of 79.12% from ¥5,244,877.31 in the previous year[7] - Basic earnings per share decreased by 60.55% to ¥0.0172 from ¥0.0436 year-on-year[7] - The net profit attributable to the listed company for Q1 2018 was 2.48 million, down 60.5% year-on-year, primarily due to foreign exchange losses from the decline in the US dollar exchange rate[18] - The net profit for Q1 2018 was a loss of CNY 2,840,200.76, compared to a net profit of CNY 1,105,326.05 in Q1 2017, indicating a significant downturn[44] Cash Flow - Net cash flow from operating activities was ¥431,271.92, a significant drop of 93.25% compared to ¥6,387,766.90 in the same period last year[7] - The cash flow from operating activities generated a net cash inflow of CNY 431,271.92, a decrease of 93.2% compared to CNY 6,387,766.90 in the previous year[48] - The net cash flow from operating activities for Q1 2018 was ¥19,410,220.64, a significant increase from ¥1,947,216.26 in Q1 2017, representing a growth of approximately 895%[52] - The total cash and cash equivalents at the end of Q1 2018 reached ¥103,868,409.99, up from ¥77,515,455.68 at the end of Q1 2017, indicating an increase of about 33.9%[53] - The cash outflow from investment activities was CNY 121,968,008.30, a decrease from CNY 148,877,682.28, indicating a reduction of 18.1%[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥547,539,437.81, an increase of 0.25% from ¥546,171,308.25 at the end of the previous year[7] - Total liabilities decreased to ¥50,826,122.59 from ¥51,939,791.10, a reduction of approximately 2.1%[34] - Total assets amounted to ¥586,257,167.99, an increase from ¥563,962,618.26 at the beginning of the period[38] - Total liabilities at the end of Q1 2018 were CNY 129,959,947.88, up from CNY 104,825,197.39 at the beginning of the period[38] Shareholder Information - The top shareholder, Ningbo Meishan Bonded Port Area Aisute Investment Co., Ltd., holds 34.12% of shares, amounting to 49,136,580 shares[12] - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[14] Risks and Legal Issues - The company faces risks related to new product development, large accounts receivable, and exchange rate fluctuations[10] - The company reported a significant increase in accounts receivable, which poses a potential bad debt risk[10] - The company faced a lawsuit from a distributor, claiming a return of 15 CTP devices and compensation for economic losses, but this is not expected to materially impact operations or financial status[19] Operational Adjustments - The marketing service network construction project has been adjusted to establish three service points in Beijing, Hangzhou, and Guangzhou instead of eight originally planned[25] - The company reported no violations regarding external guarantees during the reporting period[26] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[27] - The company has not disclosed any issues regarding the use of raised funds[25] Investment and Fund Utilization - The total amount of funds raised was 188.92 million, with 6.58 million invested in the current quarter[23] - The cumulative amount of raised funds utilized reached 89.49 million, with 13.22% of the R&D center construction project completed as of April 7, 2018[23] - Prepayments increased by 130% to 11.27 million, mainly due to prepayments for R&D and rent[17] - The company's other non-current assets increased by 90% to 13.76 million, primarily due to prepayments for land in Hangzhou[17] Financial Expenses - The company's financial expenses increased by 704% to 2.32 million, mainly due to significant changes in exchange gains and losses[17] - The financial expenses for the quarter were CNY 2,322,141.92, significantly higher than CNY 306,689.24 in the same period last year, indicating an increase of 657.5%[44]