张裕A(000869) - 2018 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2018 was CNY 1,804,057,976, a decrease of 4.88% compared to CNY 1,896,586,469 in the same period last year[9] - Net profit attributable to shareholders was CNY 479,444,238, down 7.20% from CNY 516,634,494 year-on-year[9] - The company reported a 6.67% decline in basic and diluted earnings per share, from CNY 0.75 to CNY 0.70[9] - Total operating revenue for the first quarter was CNY 1,804,057,976, a decrease of 4.86% from CNY 1,896,586,469 in the previous year[38] - Net profit for the period was CNY 478,515,399, a decline of 7.30% compared to CNY 516,282,755 in the previous year[39] - Earnings per share (EPS) for the quarter was CNY 0.70, down from CNY 0.75 in the same quarter last year[39] - The company's operating revenue for Q1 2018 was CNY 262,548,732, a decrease of 62.4% compared to CNY 698,458,930 in the same period last year[41] - The net profit for Q1 2018 was CNY 19,543,527, down 46.8% from CNY 36,772,546 in Q1 2017[42] - The company reported a total operating profit of CNY 19,519,546, a decline of 51.6% from CNY 40,296,074 in the previous year[41] Cash Flow and Liquidity - Operating cash flow increased by 31.98% to CNY 507,263,964, compared to CNY 384,358,508 in the previous year[9] - The total cash and cash equivalents at the end of Q1 2018 amounted to CNY 1,181,680,397, a decrease from CNY 1,522,975,175 at the end of the previous year[46] - The cash inflow from operating activities totaled CNY 1,791,710,450, compared to CNY 1,689,327,509 in the same period last year[45] - The cash outflow from investing activities was CNY 515,428,663, significantly higher than CNY 147,789,698 in Q1 2017[46] - The company raised CNY 96,644,015 through financing activities, an increase from CNY 51,803,310 in the previous year[46] - The company experienced a net cash increase of CNY 791,123 in Q1 2018, contrasting with a substantial increase of CNY 266,032,871 in the same period last year[46] - The net cash flow from financing activities was -5,872,500.00 CNY, compared to -5,055,403.00 CNY in the previous year, indicating a decrease of approximately 16.1%[50] - The net increase in cash and cash equivalents was -239,915,234.00 CNY, contrasting with an increase of 288,676,917.00 CNY in the same period last year[50] - The ending balance of cash and cash equivalents was 253,653,632.00 CNY, down from 526,680,115.00 CNY year-over-year, representing a decline of approximately 52.0%[50] - The beginning balance of cash and cash equivalents was 493,568,866.00 CNY, compared to 238,003,198.00 CNY in the previous year, showing an increase of approximately 107.5%[50] Assets and Liabilities - Total assets increased by 4.76% to CNY 13,134,043,590, up from CNY 12,536,755,208 at the end of the previous year[9] - Total current assets increased to CNY 5,122,259,063 from CNY 4,638,949,037, representing a growth of approximately 10.4%[29] - Cash and cash equivalents rose to CNY 1,700,742,920 from CNY 1,402,522,509, an increase of about 21.3%[29] - Accounts receivable increased significantly to CNY 512,840,891 from CNY 244,796,818, marking a growth of approximately 109.0%[29] - Inventory decreased to CNY 2,366,202,029 from CNY 2,473,614,046, a decline of about 4.3%[29] - Total liabilities rose to CNY 3,466,835,734 from CNY 3,358,776,530, an increase of approximately 3.2%[31] - The total assets increased to CNY 13,134,043,590 from CNY 12,536,755,208, reflecting a growth of about 4.8%[32] - The equity attributable to the parent company increased to CNY 9,380,239,163 from CNY 8,906,342,299, a rise of approximately 5.3%[32] - Total liabilities decreased slightly to CNY 1,343,333,500 from CNY 1,353,035,891 at the start of the period[36] Management and Future Outlook - The company anticipates steady growth in performance due to organizational restructuring and improvements in marketing policies and team incentives[18] - Management expenses rose by 19.80%, primarily due to increased depreciation and amortization of intangible assets[17] Compliance and Audit - The first quarter report was not audited, which may affect the reliability of the financial data presented[51] - There are no reported non-compliance issues regarding external guarantees or non-operating fund occupation by major shareholders[24][25] - The company has no securities or derivative investments during the reporting period[22][24]