北方铜业(000737) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was ¥492,351,658.50, a decrease of 11.65% compared to ¥557,265,597.78 in the same period last year[8] - The net profit attributable to shareholders was -¥39,881,464.62, reflecting a decline of 11.63% from -¥35,727,757.45 year-on-year[8] - The basic earnings per share were -¥0.0727, a decrease of 11.67% from -¥0.0651 in the same period last year[8] - The weighted average return on net assets was -26.60%, slightly improved from -27.46% year-on-year[8] Cash Flow and Assets - The net cash flow from operating activities increased by 13.03% to ¥42,355,168.36, compared to ¥37,473,761.72 in the previous year[8] - Cash and cash equivalents at the end of the period increased by 35.71% compared to the beginning of the year, mainly due to the new long-term borrowings during the period[16] - Total assets at the end of the reporting period were ¥2,906,414,817.65, up 3.93% from ¥2,796,486,215.53 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 23.48% to ¥129,979,563.82 from ¥169,861,028.44 at the end of the previous year[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 54,453[11] - The largest shareholder, Shanxi Coking Coal Yuncheng Salt Chemical Group Co., Ltd., held 25.69% of the shares, amounting to 140,970,768 shares, with 70,000,000 shares pledged[11] Liabilities and Borrowings - Long-term borrowings increased by 141.18% compared to the beginning of the year, primarily due to new bank loans during the period[16] - Net cash flow from financing activities increased by 1022.85% compared to the previous period, primarily due to an increase in long-term borrowings[16] Expenses - Sales expenses decreased by 36.24% compared to the previous period, mainly due to reduced sales volume from some subsidiaries being shut down[16] - Management expenses increased by 32.70% compared to the previous period, mainly due to expenses incurred during the shutdown period of some subsidiaries[16] - Financial expenses decreased by 35.47% compared to the previous period, primarily due to a reduction in interest from bill discounts[16] Other Financial Metrics - The company reported no significant non-recurring gains or losses during the reporting period[9] - Accounts receivable notes decreased by 64.19% compared to the beginning of the year, primarily due to a reduction in the use of notes for settlement[16] - Prepayments increased by 67.17% compared to the beginning of the year, mainly due to an increase in prepayments for raw material purchases[16] - Income tax expenses increased by 317.86% compared to the previous period, mainly due to an increase in profits realized by some companies during the period[16] - Other current assets decreased by 36.71% compared to the beginning of the year, mainly due to a reduction in the retained value-added tax at the end of the period[16]