毅昌科技(002420) - 2017 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2017 was ¥1,343,760,620.51, representing a 20.11% increase compared to ¥1,118,760,089.57 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥26,328,641.56, a decline of 139.48% from a loss of ¥10,994,066.93 in the previous year[8] - The basic earnings per share were -¥0.0657, a decrease of 139.78% compared to -¥0.0274 in the same period last year[8] - Operating profit decreased by 105.38% compared to the same period last year, primarily due to market sales not meeting expectations[15] - Total profit decreased by 86.30% compared to the same period last year, influenced by changes in operating profit and non-operating income and expenses[15] - Net profit decreased by 145.46% compared to the same period last year, primarily due to the decline in total profit[15] - The company expects a net loss for the first half of 2017, with an estimated net profit ranging from -30 million to 0, compared to a net profit of -86.19 million in the same period of 2016[19] Cash Flow - The net cash flow from operating activities increased by 34.41% to ¥270,187,962.99, up from ¥201,013,754.45 in the same period last year[8] - The net cash flow from operating activities increased by 34.41% compared to the same period last year, mainly due to the recovery of payments[15] - The net cash flow from investing activities increased by 59.31% compared to the same period last year, primarily due to a decrease in equipment procurement payments[15] - The net cash flow from financing activities increased by 104.23% compared to the same period last year, mainly due to a reduction in debt repayments[15] Assets and Shareholder Information - The total assets at the end of the reporting period were ¥4,194,081,370.77, a slight increase of 1.08% from ¥4,149,221,553.96 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 1.59% to ¥1,634,502,853.79 from ¥1,660,886,160.35 at the end of the previous year[8] - The total number of ordinary shareholders at the end of the reporting period was 24,226[11] - The largest shareholder, Gaojin Technology Industry Group Co., Ltd., held 25.98% of the shares, amounting to 104,198,900 shares, with 40,100,000 shares pledged[11] Other Financial Metrics - The weighted average return on net assets was -1.60%, down from -0.67% in the previous year[8] - The company reported non-operating income of ¥12,544,216.19 from government subsidies during the reporting period[9] - Cash and cash equivalents at the end of the period increased by 68.28% compared to the beginning of the year, mainly due to the recovery of sales payments[15] - Other receivables decreased by 48.14% compared to the beginning of the year, primarily due to a reduction in deposits[15] - Other current assets increased by 196.54% compared to the beginning of the year, mainly due to an increase in deductible input VAT[15]