北纬科技(002148) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥64,571,125.58, a decrease of 51.75% compared to ¥133,835,175.08 in the same period last year[8] - The net profit attributable to shareholders was ¥16,987,416.01, down 42.18% from ¥29,379,524.50 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥6,967,402.15, reflecting a significant decline of 73.91% compared to ¥26,708,614.16 in the previous year[8] - Basic earnings per share dropped to ¥0.03, down 72.73% from ¥0.11 in the previous year[8] - The weighted average return on equity decreased to 1.39%, down from 2.66% year-on-year[8] - The estimated net profit attributable to shareholders for the first half of 2018 is projected to be between 2,400 and 4,700 million yuan, representing a decrease of 39.48% to 69.09% compared to the same period in 2017[20] - The net profit for the first half of 2017 was 7,765.46 million yuan, indicating a significant decline in profitability due to factors such as operator policies and product cycles affecting traditional mobile value-added services and gaming business[20] Cash Flow - The net cash flow from operating activities was negative at -¥5,668,552.04, a decrease of 112.38% from ¥45,798,817.37 in the same period last year[8] - The net cash flow from operating activities decreased to -5,668,552.04, a decline of 112% compared to the previous period due to reduced cash flow from sales of goods[17] - The net cash flow from investing activities increased to 8,197,971.81, a 134% improvement from the previous period, primarily due to a decrease in funds used for entrusted bank wealth management[17] Assets and Shareholder Information - Total assets at the end of the reporting period were ¥1,359,512,903.61, a slight increase of 0.08% from ¥1,358,482,559.16 at the end of the previous year[8] - The company had a total of 60,338 common shareholders at the end of the reporting period[11] Inventory and Investments - The company reported an investment income of ¥8,720,114.20, an increase of 158% compared to ¥3,379,950.87 in the previous year, mainly due to the disposal of equity in Shanghai Aimo[16] - The company’s inventory increased by 63% to ¥5,288,564.05, attributed to increased procurement flow during the period[15] Business Development - The company is currently in the layout stage for its Internet of Things (IoT) business, which has not yet contributed to profitability, further impacting the overall earnings for the first half of 2018[20]