全志科技(300458) - 2018 Q1 - 季度财报

Financial Performance - The total operating revenue for the first quarter was CNY 295,064,270.79, representing a 63.87% increase compared to the same period last year[7]. - The net profit attributable to shareholders was a loss of CNY 12,898,438.37, a decrease of 74.39% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 36,417,785.81, a decline of 171.29% compared to the previous year[7]. - The weighted average return on equity was -0.64%, a decrease of 0.28% compared to the previous year[7]. - The net cash flow from operating activities was a negative CNY 59,687,423.22, an improvement of 57.23% from the previous year[7]. - The company reported a significant decrease in accounts payable, which fell to CNY 125,612,840.49 from CNY 129,965,001.94[35]. - The company reported a financial expense of CNY 23.00 million in Q1 2018, a significant increase from a financial income of CNY 3.55 million in the same period last year[46]. - The total comprehensive income attributable to the parent company for Q1 2018 was a loss of CNY 11.84 million, compared to a loss of CNY 7.20 million in the previous year[47]. - The company reported a potential net profit loss for the year due to increased exchange rate volatility, particularly if the RMB appreciates further[27]. Revenue and Costs - The operating revenue for the reporting period was 295,064,270.79 yuan, representing a growth of 63.87% year-over-year, driven by the expansion of the product line and market effects[20]. - Total operating costs for Q1 2018 were CNY 328,862,841.30, up from CNY 195,681,251.34, indicating a rise of 67.9%[42]. - The company experienced a foreign exchange loss of CNY 30,575,200 due to the appreciation of the RMB, impacting the financial performance[10]. - The company experienced a foreign exchange loss of 30,575,200 yuan due to RMB appreciation, impacting the operating performance[22]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 2,271,405,457.02, down 3.55% from the end of the previous year[7]. - The company's total assets decreased to CNY 2,152,525,297.34 from CNY 2,222,113,344.54, a decline of 3.1%[40]. - Total liabilities amounted to CNY 154,526,189.27, down from CNY 204,621,485.17, showing a reduction of 24.5%[40]. - The total equity attributable to shareholders was CNY 1,997,999,108.07, a decrease from CNY 2,017,491,859.37, indicating a decline of 0.9%[40]. - Cash and cash equivalents at the end of Q1 2018 were CNY 1,050,776,984.98, down from CNY 1,121,505,709.97, a decrease of 6.3%[38]. - The company's cash and cash equivalents decreased to CNY 1,225,558,982.51 from CNY 1,312,505,421.52[34]. - The total current assets were reported at CNY 1,957,016,656.72, down from CNY 2,021,487,915.99[34]. - The total non-current assets decreased to CNY 314,388,800.30 from CNY 333,493,357.75[35]. Investments and Cash Flow - The total amount of raised funds was 82,442.35 million yuan, with 360.18 million yuan invested in the current quarter[25]. - The cumulative investment of raised funds reached 53,555.76 million yuan, with a 100% progress rate for several projects[25]. - The net cash flow from operating activities for the reporting period was -59,687,423.22 yuan, an increase of 57.23% compared to the same period last year, with an increase of 79,870,900 yuan[19]. - The company reported an investment income of CNY 1,321,555.96, compared to CNY 593,753.42 in the previous year, an increase of 123.0%[43]. - Investment activities generated a net cash inflow of CNY 19.35 million in Q1 2018, a recovery from a net outflow of CNY 45.67 million in the previous year[51]. - The total cash outflow from investing activities was 76,374,037.47, compared to 17,982,346.16 in the same period last year[54]. - The net cash flow from investing activities was -5,640,092.26, showing a decrease from -17,982,346.16 year-over-year[54]. - The cash outflow from financing activities amounted to 22,855,464.96, with no cash inflow reported[54]. - The impact of exchange rate changes on cash and cash equivalents was -23,180,990.92, compared to -2,589,814.34 in the previous year[54]. - The net decrease in cash and cash equivalents was -70,630,284.99, slightly better than -73,521,643.48 from the previous year[54]. - The ending balance of cash and cash equivalents was 1,048,261,744.98, down from 1,079,416,447.57 year-over-year[54]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 29,559[12]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[29]. - The company has no violations regarding external guarantees during the reporting period[28]. Market and Product Development - The company expanded its product line, which contributed to the increase in revenue, driven by growing demand in the smart hardware market[18]. - The company’s R-series products have entered the supply chain of several industry benchmark customers, boosting revenue from related product lines[20]. - The company is focusing on market expansion and increasing R&D investment to ensure sustainable development[21]. Miscellaneous - The company has implemented foreign exchange hedging and timely settlement measures to mitigate exchange rate risks[22]. - The company reported a significant increase in other income, amounting to CNY 9.34 million in Q1 2018, with no corresponding figure in the previous year[47]. - The company did not undergo an audit for the first quarter report[55]. - The report was released on April 25, 2018, by the legal representative Zhang Jianhui[56].