飞鹿股份(300665) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2018 was CNY 32,951,932.55, representing a 6.75% increase compared to CNY 30,868,248.35 in the same period last year[8] - Net profit attributable to shareholders was CNY -2,135,101.51, a decrease of 266.67% from CNY 1,281,034.36 year-on-year[8] - Basic and diluted earnings per share were both CNY -0.028, down 227.27% from CNY 0.022 in the previous year[8] - Operating profit turned negative at -¥1,873,744.19, a decline of 218.05% compared to the previous year, primarily due to rising sales expenses[19] - The total comprehensive income for the period was -2,603,558.18 CNY, compared to 1,005,961.62 CNY in the previous period[50] Cash Flow - The net cash flow from operating activities was CNY -36,638,686.39, showing a 5.88% improvement from CNY -38,926,151.91 in the same period last year[8] - Cash inflows from operating activities amounted to 57,574,657.58 CNY, an increase of 66.0% from 34,677,877.98 CNY in the previous period[53] - Cash outflows from investing activities totaled 65,732,945.34 CNY, significantly higher than 3,371,958.51 CNY in the previous period[54] - The net cash flow from investing activities was -65,732,945.34 CNY, compared to -3,371,958.51 CNY in the previous period[54] - The net cash flow from financing activities was 31,611,465.66 CNY, compared to 5,082,973.73 CNY in the previous period[58] Assets and Liabilities - Total assets at the end of the reporting period were CNY 593,868,452.83, a slight decrease of 0.40% from CNY 596,267,063.53 at the end of the previous year[8] - The total current assets decreased from 461.31 million yuan at the beginning of the period to 440.29 million yuan at the end of the period, a decrease of approximately 4.55%[37] - Accounts receivable decreased from 229.93 million yuan to 203.86 million yuan, a decline of about 11.36%[37] - The total liabilities increased slightly from 154.17 million yuan to 154.31 million yuan, an increase of about 0.09%[39] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,829, with the largest shareholder holding 25.36% of the shares[13] - The company has not encountered any overdue commitments from controlling shareholders or related parties during the reporting period[26] Business Strategy and Risks - The company plans to expand its market presence in new sectors such as renewable energy, petrochemicals, and military industries, while consolidating its position in rail transportation coatings[9] - The company faces risks related to large accounts receivable, particularly in the rail transportation sector, which may affect cash flow and financial stability[10] - The company is exposed to raw material price fluctuations, with significant reliance on chemical products whose prices are influenced by international oil prices[12] Investment and Projects - The company plans to acquire 100% equity of Hunan Naishen Plastic Engineering Materials Co., Ltd. for RMB 88 million[24] - The company has completed 72.74% of the new environmental waterproof and seepage-proof material project, with a total investment of RMB 51.99 million[29] - The company is in the construction phase for the new vibration damping material project, which has not yet commenced production[29] - The high-tech material research and testing center project is also in the construction phase, with no significant changes in feasibility[29] Expenses - Operating costs for the same period were CNY 35,413,436.74, up from CNY 29,280,951.60, indicating a significant rise in expenses[46] - The company reported a significant increase in sales expenses, which rose to CNY 5,202,350.23 from CNY 2,813,067.60[46]