光正眼科(002524) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was ¥94,531,442.09, a decrease of 1.03% compared to ¥95,513,267.67 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥13,138,615.90, representing a decline of 29.42% from a loss of ¥10,152,296.35 in the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥14,236,595.59, down 21.22% from a loss of ¥11,744,084.65 year-on-year[8] - The net cash flow from operating activities was ¥10,876,964.99, a significant decrease of 47.82% compared to ¥20,844,109.29 in the same period last year[8] - The basic earnings per share were -¥0.03, a decrease of 50.00% compared to -¥0.02 in the same period last year[8] - The diluted earnings per share were also -¥0.03, reflecting a 50.00% decline from -¥0.02 year-on-year[8] - The weighted average return on equity was -1.80%, a decrease of 0.49% from -1.31% in the previous year[8] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,586,562,629.53, down 2.10% from ¥1,620,514,246.71 at the end of the previous year[8] - The net assets attributable to shareholders at the end of the reporting period were ¥733,102,180.88, a decrease of 0.48% from ¥736,649,222.37 at the end of the previous year[8] - Accounts receivable decreased by 31.93% compared to the beginning of the period, mainly due to payments made with accounts receivable for material costs[16] - Prepayments increased by 34.63% compared to the beginning of the period, primarily due to prepayments for materials and project costs[16] - Long-term deferred expenses grew by 66.72% compared to the beginning of the period, mainly due to newly added deferred leasing fees[16] Financial Costs - Financial expenses increased by 33.27% compared to the previous period, attributed to an increase in borrowings leading to higher financial costs[16] - Tax and additional charges increased by 211.10% compared to the previous period, primarily due to changes in accounting policies[16] Future Outlook - The company expects a net loss of between -42 million to -36 million yuan for the first half of 2017, compared to a net profit of -26.82 million yuan in the same period of 2016[22] - The decrease in performance is attributed to the cyclical nature of the steel structure business in Xinjiang, with lower production and high fixed costs impacting results[22] - Asset impairment losses increased compared to the previous period, contributing to the poor performance[22] Non-Recurring Items - The company reported non-recurring gains and losses totaling ¥1,097,979.69 for the period[9]