上海家化(600315) - 2016 Q1 - 季度财报

Financial Performance - Operating revenue for the period was ¥1,541,097,064.82, representing a decrease of 3.37% year-on-year[7] - Net profit attributable to shareholders was ¥127,428,959.75, down 32.87% from the same period last year[7] - Basic earnings per share decreased by 32.14% to ¥0.19 compared to ¥0.28 in the previous year[7] - The company reported a decrease in net profit attributable to shareholders after deducting non-recurring gains and losses by 33.54%[7] - The company reported a net profit of CNY 127.43 million for Q1 2016, a decrease of 32.87% year-on-year, primarily due to reduced sales and changes in product structure affecting gross margin[15] - Total revenue for Q1 2016 was CNY 1.54 billion, reflecting a year-on-year decline of 3.37%[15] - Net profit for Q1 2016 was CNY 127,428,959.75, a decline of 32.88% from CNY 189,819,455.10 in the previous year[27] - The total profit for Q1 2016 was CNY 216.07 million, down 30.4% from CNY 310.58 million in the previous year[30] - The company experienced a decrease in comprehensive income, totaling CNY 180.67 million, down from CNY 265.05 million in the previous year, a decline of approximately 31.8%[30] Cash Flow and Liquidity - The net cash flow from operating activities was ¥97,918,240.83, a decline of 9.57% year-on-year[7] - Cash and cash equivalents increased to CNY 3.84 billion from CNY 3.48 billion at the beginning of the year[19] - Cash and cash equivalents at the end of Q1 2016 stood at CNY 3.45 billion, compared to CNY 3.00 billion at the end of Q1 2015, indicating an increase of 14.8%[34] - The net cash flow from operating activities for Q1 2016 was -154,394,566.42 RMB, a decline from -70,852,633.72 RMB in the same period last year, indicating a worsening performance[36] - Total cash inflow from operating activities was 436,784,216.12 RMB, down 42.2% from 755,734,041.64 RMB year-over-year[36] - Cash outflow from operating activities totaled 591,178,782.54 RMB, a decrease of 28.5% compared to 826,586,675.36 RMB in Q1 2015[36] - The company experienced a net decrease in cash and cash equivalents of -262,403,063.87 RMB, compared to an increase of 208,094,456.67 RMB in the previous year[36] Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,414,349,093.46, an increase of 3.12% compared to the end of the previous year[7] - Total assets as of March 31, 2016, were CNY 8,105,565,553.71, up from CNY 7,802,156,935.59 at the beginning of the year[25] - Total liabilities increased to CNY 2,094,911,626.64 from CNY 1,975,581,578.71, indicating a rise in financial obligations[24] - Owner's equity totaled CNY 6,010,653,927.07, compared to CNY 5,826,575,356.88 at the start of the year, reflecting a positive equity position[25] Shareholder Information - The total number of shareholders at the end of the reporting period was 43,452[12] - The largest shareholder, Shanghai Jahwa Group Co., Ltd., held 27.07% of the shares[12] Investment and Expenses - Financial expenses increased by 50.94% to CNY -9.29 million, driven by higher deposit interest[14] - Investment income dropped by 85.67% to CNY 6.71 million, significantly impacted by the sale of Tianjiang[14] - The company plans to continue investing in channel expansion, brand building, new product development, and enhancing personnel and organizational capabilities[16] - The company reported a significant increase in sales expenses, which rose to CNY 42.85 million from CNY 16.19 million, marking a rise of 164.5%[29] - The company paid 342,967,366.53 RMB for goods and services, a decrease of 41.0% from 580,055,539.51 RMB in the same quarter last year[36] Receivables and Investments - Accounts receivable increased significantly to CNY 40.76 million, up 1974.83% from CNY 1.96 million, attributed to new sales invoices not yet due[14] - Other receivables decreased by 84.01% to CNY 66.05 million, down from CNY 413.15 million, due to the receipt of payment for the sale of Tianjiang[14] - Long-term equity investments rose by 44.11% to CNY 170.35 million, compared to CNY 118.20 million, due to investments in Pizaihuang Shanghai Jiahua Oral Care Co., Ltd.[14] - The company’s construction in progress increased by 39.30% to CNY 213.36 million, primarily due to the relocation project of the Qingpu base[14]