仙坛股份(002746) - 2017 Q1 - 季度财报

Important Notice The company's board of directors, supervisory board, and all senior management ensure the truthfulness, accuracy, and completeness of this quarterly report and assume corresponding legal responsibilities, with all directors attending the board meeting to review this report - Company management guarantees the quarterly report content is true, accurate, and complete, free from false records, misleading statements, or major omissions[4] - The company's head, the person in charge of accounting, and the head of the accounting department all declare to guarantee the truthfulness, accuracy, and completeness of the financial statements[5] Company Overview This chapter outlines the company's core financial data and shareholder structure for the first quarter of 2017, showing year-on-year revenue growth but a decline in net profit, with highly concentrated shareholding by the controlling shareholders Key Accounting Data and Financial Indicators In Q1 2017, the company's operating revenue was CNY 465.53 million, up 6.96% year-on-year, but net profit attributable to shareholders was CNY 15.76 million, down 22.44%, with non-recurring net profit declining by 62.70%, while net cash flow from operating activities significantly increased by 169.98% | Indicator | Current Period | Prior Year Period | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Operating Revenue (CNY) | 465,534,788.07 | 435,249,767.17 | 6.96% | | Net Profit Attributable to Shareholders of Listed Company (CNY) | 15,764,538.47 | 20,325,634.23 | -22.44% | | Net Profit Attributable to Shareholders of Listed Company Excluding Non-recurring Gains and Losses (CNY) | 7,014,771.75 | 18,807,191.81 | -62.70% | | Net Cash Flow from Operating Activities (CNY) | 15,583,754.50 | -22,268,852.23 | 169.98% | | Basic Earnings Per Share (CNY/share) | 0.09 | 0.13 | -30.77% | | Total Assets (CNY) | 2,516,794,165.08 | 2,485,259,525.95 | 1.27% (vs. end of prior year) | | Net Assets Attributable to Shareholders of Listed Company (CNY) | 2,069,377,972.32 | 2,053,613,433.85 | 0.77% (vs. end of prior year) | - Total non-recurring gains and losses for the period amounted to CNY 8.75 million, primarily from investment income on wealth management products (CNY 6.98 million) and government subsidies (CNY 2.05 million)[9] Shareholder Information As of the end of the reporting period, the company had 27,713 common shareholders, with controlling shareholder Wang Shouchun and his spouse Qu Lirong collectively holding 55.09% of the shares, indicating a highly concentrated equity structure - At the end of the reporting period, the company had 27,713 common shareholders[11] - The company's controlling shareholder and de facto controller, Wang Shouchun, holds 28.69%, and his spouse, Qu Lirong, holds 26.40%, with both acting in concert[11][12] - Among the top ten shareholders, some shares held by Wang Kegong and He Chuanhu are pledged[11] Significant Matters This chapter details the reasons for changes in key financial data during the reporting period and provides a performance forecast for the first half of 2017, anticipating a significant year-on-year decline in net profit due to market conditions, with no major commitments or illegal guarantees reported Analysis of Changes in Key Financial Data and Reasons During the reporting period, several financial indicators changed significantly, with prepayments surging by 4306.41% due to increased raw material prepayments, short-term borrowings decreasing by 41.67% due to repayment, investment income rising by 835.74% from wealth management products, and operating cash flow improving while financing cash flow decreased due to loan repayments - Prepayments at period-end surged by 4,306.41% compared to the beginning of the year, primarily due to increased prepayments for major raw materials like corn[15] - Short-term borrowings at period-end decreased by 41.67% compared to the beginning of the year, leading to a 177.56% year-on-year reduction in financial expenses and a 376.15% decrease in net cash flow from financing activities[15][17] - Investment income increased by 835.74% year-on-year, mainly due to an increase in wealth management products during the current period[16] 2017 Half-Year Performance Forecast The company forecasts a significant decline in net profit attributable to shareholders for January-June 2017, expecting to earn between CNY 20 million and CNY 50 million, representing a year-on-year decrease of 34.54% to 73.82%, primarily due to rising feed costs and falling chicken product prices | Item | Change Range | | :--- | :--- | | Change in Net Profit Attributable to Parent Company Shareholders (Jan-Jun 2017) | -73.82% to -34.54% | | Net Profit Attributable to Parent Company Shareholders (Jan-Jun 2017) Range (CNY) | 20,000,000 to 50,000,000 | | Net Profit Attributable to Parent Company Shareholders (Jan-Jun 2016) (CNY) | 76,382,600 | - The primary reason for performance change is the impact of the overall market environment, with expected increases in feed costs and a year-on-year decline in chicken product prices, leading to a decrease in operating performance[20] Other Significant Matters During the reporting period, the company had no overdue unfulfilled commitments, illegal external guarantees, or non-operating fund occupation by controlling shareholders, and no investor relations activities were conducted - The company had no overdue unfulfilled commitments, illegal external guarantees, or fund occupation by controlling shareholders during the reporting period[18][21][22] - No investor relations activities such as research visits, communications, or interviews occurred during the reporting period[23]