金洲管道(002443) - 2016 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2016 was ¥447,395,921.15, a decrease of 20.40% compared to ¥562,063,022.28 in the same period last year[7]. - Net profit attributable to shareholders was ¥12,402,687.65, representing a 2.31% increase from ¥12,122,309.09 year-on-year[7]. - Operating profit for the period was ¥12,280,206.88, down from ¥14,313,786.29, indicating a decrease of approximately 14.2% year-over-year[36]. - Net profit decreased to ¥9,498,048.70 from ¥10,966,948.25, reflecting a decline of about 13.4% year-over-year[36]. - The company expects net profit attributable to shareholders for the first half of 2016 to be between CNY 49,020,800 and CNY 70,807,900, representing a change of -10.00% to 30.00% compared to CNY 54,467,600 in the same period of 2015[19]. Cash Flow - The net cash flow from operating activities was negative at -¥9,725,015.98, a decline of 142.57% compared to ¥22,844,847.49 in the previous year[7]. - Cash flow from operating activities showed a net outflow of ¥9,725,015.98 compared to a net inflow of ¥22,844,847.49 in the previous period[39]. - The net cash flow from operating activities was -43,808,043.06 CNY, a decrease compared to 22,379,785.44 CNY in the previous period[42]. - Total cash inflow from operating activities was 380,751,346.94 CNY, a decrease from 448,750,683.45 CNY in the previous period[42]. - Total cash outflow from operating activities was 424,559,390.00 CNY, slightly down from 426,370,898.01 CNY in the previous period[42]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,816,502,941.05, an increase of 2.92% from ¥2,736,575,748.31 at the end of the previous year[7]. - Total current assets increased to CNY 1,577,837,843.24 from CNY 1,503,603,161.97, reflecting a growth of approximately 4.9%[27]. - Total liabilities rose to CNY 703,372,493.38 from CNY 632,943,349.34, an increase of approximately 11.1%[29]. - Short-term borrowings increased significantly to CNY 494,500,000.00 from CNY 381,850,000.00, reflecting a growth of about 29.5%[29]. - Non-current assets totaled CNY 1,238,665,097.81, slightly up from CNY 1,232,972,586.34, showing a marginal increase of about 0.5%[28]. Expenses - Management expenses rose by 41.67% to ¥28,851,200.00, primarily due to increased R&D expenses and depreciation of pre-welding projects[14]. - Financial expenses increased by 40.88% to ¥4,400,100.00, attributed to an increase in short-term borrowings[14]. - Sales expenses increased slightly to ¥13,329,253.58 from ¥12,862,965.41, reflecting a rise of approximately 3.6% year-over-year[36]. Shareholder Information - The total number of shareholders at the end of the reporting period was 42,937[11]. - The top shareholder, Jinzhu Group Co., Ltd., held 9.03% of shares, amounting to 47,015,739 shares, with 9,573,120 shares pledged[11]. Government Support - The company received government subsidies amounting to ¥802,068.79 during the reporting period[8]. Asset Impairment and Investment Income - Asset impairment losses for the period amounted to CNY 194,100, an increase of CNY 3,039,900 or 106.82% compared to the same period last year, due to normal provisions made this period[15]. - Investment income for the period was CNY -686,900, an increase of CNY 1,588,000 or 69.80% year-on-year, primarily due to increased bank wealth management income[15]. Cash and Cash Equivalents - Cash and cash equivalents rose to CNY 201,307,731.13 from CNY 190,845,663.09, an increase of about 5.7%[27]. - The ending balance of cash and cash equivalents was 71,297,522.94 CNY, down from 106,542,394.16 CNY in the previous period[44].