信隆健康(002105) - 2018 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2018 was CNY 330,254,638.68, a decrease of 12.45% compared to CNY 377,232,723.08 in the same period last year[8] - Net profit attributable to shareholders was a loss of CNY 5,458,141.94, representing a decline of 497.72% from a profit of CNY 1,372,363.27 in the previous year[8] - Basic and diluted earnings per share were both CNY -0.015, a decrease of 475.00% from CNY 0.004 in the previous year[8] - The company expects net profit for the first half of 2018 to decline by 100.00% to 80.65% compared to the same period in 2017[22] - The company's operating revenue for Q1 2018 was CNY 209.33 million, a slight decrease of 1.2% compared to CNY 211.60 million in the same period last year[42] - The net profit for Q1 2018 was a loss of CNY 688,528.14, compared to a profit of CNY 11.14 million in the previous year, indicating a significant decline[43] - The total comprehensive income for the period was a loss of CNY 688,528.14, contrasting with a comprehensive income of CNY 11.14 million in the same quarter last year[43] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 575.71%, reaching CNY 58,825,471.84 compared to CNY 8,705,748.75 in the same period last year[8] - Cash and cash equivalents increased by 33.14% to ¥213,466,022.09 due to the recovery of receivables[16] - The company reported a net increase in cash and cash equivalents of 499.44% to ¥53,137,458.18, primarily driven by improved operating cash flow[17] - Cash received from sales of goods and services was CNY 446.48 million, an increase from CNY 425.21 million in the previous year[45] - Cash outflow from operating activities decreased to CNY 415,313,441.50 from CNY 435,059,157.78, showing a reduction of about 4.0%[46] - Cash inflow from financing activities was CNY 167,271,293.92, up from CNY 116,130,055.83, representing an increase of approximately 44.0%[47] - The ending balance of cash and cash equivalents was CNY 213,466,022.09, compared to CNY 220,571,962.10 at the end of the previous period[47] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,396,146,830.16, down 3.98% from CNY 1,454,028,744.47 at the end of the previous year[8] - Net assets attributable to shareholders decreased by 1.18%, totaling CNY 521,699,858.64 compared to CNY 527,927,857.90 at the end of the previous year[8] - Current assets totaled CNY 648,460,765.34, slightly down from CNY 654,466,425.28 at the beginning of the period[34] - Total liabilities decreased to CNY 451,012,904.81 from CNY 458,050,435.49[36] - Owner's equity totaled CNY 716,666,262.68, down from CNY 717,354,790.82[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,375[11] - The largest shareholder, Litian Development Co., Ltd., held 41.93% of the shares, totaling 154,522,500 shares[11] - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[12] Operational Performance - Operating revenue for Q1 2018 was ¥330,254,638.68, a decrease of 12.45% compared to Q1 2017[17] - Operating cash flow increased significantly by 575.71% to ¥58,825,471.84, indicating improved cash generation from operations[17] - Total operating costs amounted to CNY 343,453,179.87, down from CNY 380,752,573.83 year-over-year[38] - The cost of goods sold was CNY 176.88 million, which represents an increase of 2.9% from CNY 172.38 million year-over-year[42] - The financial expenses increased to CNY 9.72 million from CNY 3.12 million, marking a rise of 210.6% year-over-year[42] - The operating profit for the quarter was a loss of CNY 4.46 million, compared to a profit of CNY 9.13 million in the same quarter last year[42] Inventory and Receivables - Accounts receivable decreased by 18.71% to ¥321,170,424.43, reflecting improved collection efforts[16] - Inventory decreased by 5.75% to ¥222,366,886.09, indicating better inventory management[16] - Accounts receivable decreased to CNY 215,065,479.60 from CNY 245,417,983.96[34] - Inventory decreased to CNY 133,031,274.65 from CNY 140,287,669.68[34] Other Financial Information - Non-recurring gains and losses amounted to CNY 3,857,665.17, with government subsidies contributing CNY 2,488,833.34[9] - Financial expenses increased by 70.85% to ¥12,259,965.60 due to significant exchange losses from the rapid appreciation of the RMB[17] - The company has established a related party transaction with YVOLVE SPORTS LTD, with estimated transaction amounts not exceeding ¥20 million for 2018[18] - The company reported an asset disposal gain of CNY 780,665.41 during the quarter[42] - Investment activities resulted in a net cash outflow of CNY 12,699,525.13, compared to a net outflow of CNY 9,531,422.58 in the previous period[47] - Net cash flow from financing activities was CNY 9,312,060.54, slightly lower than CNY 10,038,967.07 in the previous year[47] - Total cash and cash equivalents increased by CNY 53,137,458.18, compared to an increase of CNY 8,864,457.39 in the prior year[47] - The company's cash outflow for purchasing goods and services was CNY 295,748,972.89, down from CNY 324,407,746.27, indicating a decrease of approximately 8.8%[46]