福建金森(002679) - 2017 Q1 - 季度财报

Revenue and Profitability - Revenue for the first quarter was CNY 165,559.50, a decrease of 50.39% compared to the same period last year[8] - Net profit attributable to shareholders was CNY -21,262,804.29, an improvement of 10.00% year-over-year[8] - The company reported a basic earnings per share of CNY -0.15, an improvement of 11.77% from the previous year[8] - Operating income decreased by 50% due to unscaled production caused by weather and holiday factors[16] - The company expects a net loss for the first half of 2017, with projected net profit ranging from CNY -25,000,000 to CNY -15,000,000, compared to a net profit of CNY -21,700,000 in the same period of 2016[22] - The company aims to manage its operations more effectively in the next quarter to achieve net profit levels comparable to the previous year[22] Cash Flow and Liquidity - Net cash flow from operating activities was CNY -63,021,671.30, a significant decrease of 2,372.18% compared to the previous year[8] - Cash inflow from operating activities decreased by 86% to CNY 7,789,128.07, primarily due to reduced sales and deposits[17] - The cash inflow from financing activities for the reporting period amounted to CNY 20,000,000, a decrease of 71% compared to the end of the previous year, primarily due to a reduction in bank loans[19] - The cash outflow for debt repayment during the reporting period was CNY 22,000,000, a decrease of 50% compared to the end of the previous year, attributed to reduced repayment of bank loan principal[19] - The net cash flow from financing activities for the reporting period was CNY -13,775,856.65, a decrease of 200% compared to the end of the previous year, due to reduced repayment of bank loans and interest[19] - The net increase in cash and cash equivalents for the reporting period was CNY -76,800,677.95, a decrease of 567% compared to the end of the previous year, reflecting the overall cash flow situation[19] - The ending balance of cash and cash equivalents was CNY 99,250,813.90, a decrease of 43% compared to the end of the previous year, indicating a decline in liquidity[20] - Cash and cash equivalents decreased by 44% due to payments for advance goods and labor wages[15] Assets and Investments - Total assets at the end of the reporting period were CNY 1,639,151,808.63, down 1.82% from the end of the previous year[8] - Prepayments increased by 558% to CNY 921,997.00, attributed to an increase in received tender deposits[15] - Investment income increased by 392% to CNY 411,793.85, reflecting better performance from the small loan company[16]