烽火电子(000561) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was ¥131,491,745.81, a decrease of 11.52% compared to ¥148,610,167.63 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥19,521,564.47, worsening from a loss of ¥5,629,439.29 in the previous year[8] - The net cash flow from operating activities was negative at ¥34,602,066.07, compared to a negative cash flow of ¥17,722,721.38 in the same period last year[8] - The basic and diluted earnings per share were both -¥0.03, compared to -¥0.01 in the previous year[8] - The weighted average return on net assets was -1.77%, compared to -0.55% in the same period last year[8] - The company reported non-recurring losses totaling ¥511,609.68 during the reporting period[9] Assets and Shareholder Information - The total assets at the end of the reporting period were ¥2,306,888,682.72, a slight decrease of 0.07% from ¥2,308,463,967.79 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 1.71% to ¥1,122,198,251.79 from ¥1,141,719,816.26 at the end of the previous year[8] - The top shareholder, Shaanxi Fenghuo Communication Group Co., Ltd., holds 42.31% of the shares, while Shaanxi Electronic Information Group Co., Ltd. holds 12.93%[11] - The total number of ordinary shareholders at the end of the reporting period was 59,407[10] Cash Flow and Financial Activities - Cash and cash equivalents decreased by 37.49% to ¥209,993,234.54 due to increased procurement and expense payments[15] - Prepayments decreased by 42.70% to ¥14,975,165.42 as funds were converted to research and development expenses and payments[15] - Operating cash flow net amount was -¥34,602,066.07, reflecting a decrease in cash received from sales of goods and services[15] - The company repaid bank loans significantly, resulting in a net cash flow from financing activities of ¥2,679,743.33, a substantial improvement compared to -¥81,406,053.13 in the previous period[15] - Short-term borrowings amounted to ¥8,000,000.00, reflecting repayments made by subsidiaries during the reporting period[15] Investments and Expenses - Investment income increased by 1485.94% to ¥55,616.44, primarily due to the purchase of financial products during the reporting period[15] - The company reported a 130.34% increase in financial expenses to ¥455,618.75 due to reduced interest expenses from financial product purchases[15] Corporate Governance - The company plans to implement a restricted stock incentive plan, pending approval from the State-owned Assets Supervision and Administration Commission[16] - The company did not report any overdue commitments or non-operating fund occupation by controlling shareholders during the reporting period[19] Other Receivables - Other receivables increased by 37.71% to ¥11,979,577.62, mainly due to an increase in petty cash and deposits[15]