ST交投(002200) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥46,575,212.57, a decrease of 57.46% compared to ¥177,225,117.74 in the same period last year[9] - The net profit attributable to shareholders was -¥39,188,428.47, representing a decline of 129.23% from -¥7,565,838.61 in the previous year[9] - The net cash flow from operating activities was -¥195,877,173.43, a significant drop of 1,505.87% compared to ¥13,932,782.87 in the same period last year[9] - The basic earnings per share were -¥0.2128, a decline of 128.82% from -¥0.041 in the same period last year[9] - The total net loss for the period was reported at RMB -56,175,761.21, indicating a significant loss[19] - The company's operating revenue was adjusted to ¥489,666,338.07, a decrease of 27% from the previous figure of ¥670,066,395.61[22] - The net loss attributable to the parent company was adjusted to ¥61,415,147.31, compared to a previous loss of ¥38,414,605.40, indicating a significant increase in losses[22] - The company reported a projected net loss for the first half of 2018 between CNY -90 million and CNY -82 million, compared to a net loss of CNY -50.40 million in the same period of 2017[44] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,201,171,287.35, down 3.68% from ¥3,321,796,054.31 at the end of the previous year[9] - The total assets amounted to RMB 3,599,205,586.45 after a reduction of RMB 115,972,195.56[21] - The total liabilities were adjusted to RMB 2,654,744,125.33, down by RMB 92,971,653.65[21] - The company's total assets amounted to CNY 3.20 billion, down from CNY 3.32 billion at the beginning of the period[51] - Total liabilities were CNY 2,527,710,007.50, down from CNY 2,562,706,409.77 at the start of the year[57] Cash Flow - Cash and cash equivalents decreased by ¥144,077,546.13, a decline of 29.96% compared to the beginning of the year, primarily due to payments for project costs and materials[30] - The net cash flow from operating activities decreased by ¥209,809,956.3, a decline of 1505.87% year-on-year, mainly due to increased cash payments for project and material costs[33] - The company's cash and cash equivalents decreased from CNY 480.83 million to CNY 336.76 million during the reporting period[51] - The company's cash and cash equivalents decreased to CNY 302,948,209.37 from CNY 424,113,822.70, a decline of 28.6%[55] - The ending balance of cash and cash equivalents was 92,854,414.67 CNY, down from 215,381,328.64 CNY in the previous period[69] Adjustments and Revisions - The company has made adjustments to its accounting policies due to errors in previous financial statements, impacting reported revenues and costs[10] - The total revenue was adjusted to RMB 328,896,393.97, a decrease of RMB 180,400,057.54 from the previous figure[19] - The net profit attributable to the parent company was revised to RMB -50,396,211.63, reflecting a decrease of RMB 23,000,541.91[19] - The total owner's equity was adjusted to RMB 944,461,461.12, reflecting a decrease of RMB 23,000,541.91[21] - The total comprehensive income for Q1 2018 was -CNY 36,104,946.29, compared to -CNY 16,007,324.65 in Q1 2017[62] Operational Changes - The company is involved in a project financing agreement with the Chuxiong Economic Development Zone Management Committee, which is expected to influence future cash flows[11] - The company is committed to ensuring the accuracy and completeness of its financial reports, with management taking responsibility for the disclosures[5] - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[46] - The company terminated its non-public stock issuance plan initiated in 2015 due to various considerations, including the lack of formal approval from the regulatory authority[41] Shareholder Information - The total number of common shareholders at the end of the reporting period was 16,676[26] - The company's total equity attributable to shareholders was CNY 374,747,724.50, down from CNY 413,936,152.97[54] Legal Matters - The company is involved in multiple significant lawsuits, including a construction contract dispute with a claim amounting to approximately ¥186 million[34] - The company has faced ongoing litigation related to construction contract disputes, with a claimed penalty of CNY 189 million as of September 25, 2017[41] Financial Expenses - Financial expenses increased by ¥12,463,429.45, a rise of 69.88% year-on-year, mainly due to a significant increase in financing scale and costs[32] - The company reported a significant increase in financial expenses, which rose to CNY 30,299,710.46 from CNY 17,836,281.01, an increase of 69.5%[59]