粤桂股份(000833) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was CNY 349,446,575.85, a decrease of 5.75% compared to CNY 370,771,026.76 in the same period last year[7]. - Net profit attributable to shareholders was CNY 10,964,314.85, representing a significant increase of 290.10% from a loss of CNY 5,767,594.04 in the previous year[7]. - The net profit after deducting non-recurring gains and losses was CNY 1,298,350.05, up 120.45% from a loss of CNY 6,349,729.96 year-on-year[7]. - Basic and diluted earnings per share were both CNY 0.0164, a 290.70% increase from a loss of CNY 0.0086 per share in the same period last year[7]. - Total operating revenue for the first quarter was CNY 349,446,575.85, a decrease of 5.8% compared to CNY 370,771,026.76 in the previous period[36]. - Net profit for the first quarter was CNY 10,964,314.85, a significant recovery from a net loss of CNY 5,767,594.04 in the same period last year[37]. - Earnings per share (EPS) for the first quarter was CNY 0.0164, compared to a loss per share of CNY 0.0086 in the previous year[38]. - The company reported a gross profit margin of approximately 0.3% for the quarter, compared to a margin of 0.2% in the previous period[36]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -255,552,587.51, worsening by 46.24% compared to CNY -174,748,154.37 in the previous year[7]. - Operating cash flow decreased by 46.24% compared to the same period last year, primarily due to a 21.62% decrease in cash received from sales of goods and services[16]. - Total cash inflow from operating activities was 409,668,842.35, down from 505,803,702.33, representing a decrease of about 19%[44]. - Cash outflow from operating activities totaled 665,221,429.86, slightly lower than 680,551,856.70 from the previous period, showing a decrease of around 2.4%[45]. - The cash flow from investing activities was -12,848,606.91, compared to -98,044,952.09 in the previous period, reflecting an improvement of approximately 87.8%[45]. - Cash inflow from financing activities was 120,000,000.00, with a net cash flow of 119,339,887.50 after outflows[46]. - The ending cash and cash equivalents balance was 853,067,131.51, up from 442,734,219.13, indicating an increase of about 92.5%[46]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,505,893,204.72, an increase of 2.54% from CNY 3,419,170,719.94 at the end of the previous year[7]. - Total liabilities increased to CNY 368,675,550.46 from CNY 283,299,698.17, indicating a rise in financial obligations[37]. - Total current assets increased to ¥1,689,776,254.41 from ¥1,558,834,932.09, representing a growth of approximately 8.4%[28]. - Total non-current assets decreased to ¥1,816,116,950.31 from ¥1,860,335,787.85, reflecting a decline of approximately 2.4%[29]. - Total liabilities increased to ¥858,569,647.31 from ¥786,974,307.10, which is an increase of about 9.1%[30]. - The total equity attributable to shareholders increased to ¥2,647,323,557.41 from ¥2,632,196,412.84, reflecting a growth of approximately 0.6%[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 59,867[11]. - The top three shareholders held a combined 54.78% of the company's shares, with the largest shareholder owning 31.31%[11]. Inventory and Current Assets - Inventory increased by 110.31% compared to the beginning of the year, mainly due to an increase in raw materials for sugar and paper production[15]. - Other current assets increased by 313.20% compared to the beginning of the year, primarily due to an increase in deductible VAT input[15]. - Accounts receivable increased to ¥220,725,176.38 from ¥188,597,454.53, representing a growth of approximately 17%[28]. - Prepayments increased by 67.24% compared to the beginning of the year, mainly due to increased prepayments for minerals, sugar, and household paper[15]. Borrowings and Financial Expenses - Short-term borrowings increased by 400% compared to the beginning of the year, mainly due to new borrowings obtained during the period[15]. - Financial expenses increased by 70.73% compared to the same period last year, primarily due to an increase in bank borrowings[15].