中锐股份(002374) - 2017 Q1 - 季度财报(更新)

Financial Performance - The company's operating revenue for Q1 2017 was ¥276,743,912.65, a decrease of 23.26% compared to ¥360,620,350.58 in the same period last year[8] - The net profit attributable to shareholders was ¥1,658,862.27, representing a significant decline of 92.83% from ¥23,120,262.46 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥1,371,549.98, down 94.22% from ¥23,711,578.92 in the previous year[8] - Basic earnings per share dropped to ¥0.0019, a decrease of 93.65% from ¥0.0299 in the previous year[8] - The net profit attributable to the parent company decreased by 92.83% year-on-year, mainly due to delays in the commencement of large engineering projects[17] - The gross profit margin for the quarter was approximately 0.53%, compared to a higher margin in the previous year[45] - The company reported a comprehensive income total of -CNY 7,226,734.93, compared to -CNY 4,410,914.47 in the previous period[53] Cash Flow - The net cash flow from operating activities was negative at -¥169,131,630.62, worsening by 8.79% compared to -¥155,472,748.37 in the same period last year[8] - The total cash inflow from operating activities was CNY 328,586,836.70, a decrease of 29.1% compared to CNY 463,274,448.48 in the previous period[52] - The net cash flow from operating activities was -CNY 169,131,630.62, worsening from -CNY 155,472,748.37 in the previous period[53] - The total cash outflow from investing activities was CNY 12,253,763.82, compared to CNY 11,034,708.55 in the previous period[54] - The net cash flow from investing activities was -CNY 11,703,763.82, slightly worse than -CNY 10,943,427.50 in the previous period[54] - The total cash inflow from financing activities was CNY 279,500,000.00, down from CNY 412,965,500.00 in the previous period[54] - The net cash flow from financing activities was CNY 100,415,927.21, a significant decrease from CNY 265,065,897.70 in the previous period[54] - The ending cash and cash equivalents balance was CNY 677,735,001.54, down from CNY 758,323,050.42 at the beginning of the period[54] - The company’s cash and cash equivalents decreased by CNY 80,588,048.88 during the period[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,238,209,593.63, a slight decrease of 0.80% from ¥5,280,442,299.38 at the end of the previous year[8] - The company's total assets decreased to CNY 3,668,901,296.55 from CNY 3,705,217,952.45[42] - The total current liabilities as of March 31, 2017, were approximately 1.99 billion RMB, down from 2.03 billion RMB at the beginning of the period[37] - The company's total liabilities decreased to approximately 2.09 billion RMB from 2.13 billion RMB at the beginning of the period[37] - The company's equity totaled CNY 2,746,197,515.82, slightly down from CNY 2,753,424,250.75[42] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 46,157, reflecting the company's shareholder base[12] - The net assets attributable to shareholders increased marginally by 0.05% to ¥3,122,482,830.05 from ¥3,120,823,967.78 at the end of the previous year[8] - The total equity attributable to shareholders of the parent company increased to approximately 3.12 billion RMB from 3.12 billion RMB at the beginning of the period[39] Investments and Projects - The company signed a strategic cooperation agreement with Chongqing Shangshe Runwu Modern Agriculture Development Co., Ltd. for a project worth 300 million RMB[19] - The company achieved revenue of 34.61 million RMB from a contract for the Chongqing Beibei Jingguan Mountain Water Project[19] - The company has ongoing projects with a total contract value of approximately 5 billion RMB with the Xixiu District Government[22] - The company reported revenue of 50.18 million RMB from the ecological restoration project in Anshun City, with a total contract value of 486.8 million RMB[22] - The company is progressing on a project with a total investment of approximately 1.45 billion RMB for the Youth Industrial Park in Wansheng Economic Development Zone[26] Other Financial Metrics - Accounts receivable increased by 57.26% compared to the beginning of the year, mainly due to a higher volume of payments received via bank acceptance bills[17] - Prepayments increased by 36.86% compared to the beginning of the year, primarily due to increased advance payments for material procurement[17] - Long-term equity investments increased by 31.37% compared to the beginning of the year, attributed to an additional investment of 1.9 million RMB in a joint venture[17] - The company's inventory increased to approximately 1.14 billion RMB from 1.06 billion RMB at the beginning of the period, reflecting a growth of about 7.5%[35] - The long-term equity investments increased to approximately 5.98 million RMB from 4.55 million RMB at the beginning of the period, showing a growth of about 31.4%[36] Compliance and Governance - The company reported no overdue commitments from controlling shareholders or related parties during the reporting period[27] - There were no violations regarding external guarantees during the reporting period[29]