ZHONGJIN GOLD(SH:600489)2018-04-26 16:00Financial Performance - Operating revenue decreased by 12.60% to CNY 7.02 billion year-on-year[6] - Net profit attributable to shareholders decreased by 54.08% to CNY 37.40 million compared to the same period last year[6] - Basic earnings per share decreased by 33.33% to CNY 0.02 per share[6] - Net profit attributable to shareholders decreased by 34.33%, primarily due to reduced production from major equity-holding enterprises[12] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 54.08%, mainly due to changes in trading financial liabilities of smelting enterprises[12] - Net profit for Q1 2018 was CNY 112,793,420.53, a decline of 17.7% compared to CNY 137,140,798.10 in Q1 2017[26] - The company's operating revenue for Q1 2018 was CNY 2,046,134,583.79, a decrease of 22.3% compared to CNY 2,634,997,872.38 in the same period last year[27] - The net profit for Q1 2018 was CNY 24,873,498.26, down 20.6% from CNY 31,356,927.87 in Q1 2017[28] Cash Flow - Cash flow from operating activities decreased significantly by 68.83% to CNY 148.76 million[6] - Operating cash flow decreased by 68.83% due to reduced product sales and cash received from sales[12] - The net cash flow from operating activities was CNY 148,761,795.09, a significant decline of 68.8% from CNY 477,332,305.09 in Q1 2017[30] - Total cash inflow from operating activities decreased to 2,997,468,629.71 from 6,644,614,358.47, representing a drop of approximately 55.1%[33] - Cash outflow from operating activities also decreased to 3,018,324,113.16 from 6,653,322,540.27, a reduction of about 54.7%[33] - Cash received from sales of goods and services was 2,028,500,116.17, down from 2,585,337,896.17, reflecting a decrease of approximately 21.5%[33] - The cash received from other operating activities dropped significantly to 968,968,513.54 from 4,059,276,462.30, a decline of about 76.1%[33] - The net cash flow from operating activities was -20,855,483.45, a decline from -8,708,181.80 in the previous period, indicating a worsening cash flow situation[33] Assets and Liabilities - Total assets increased by 2.03% to CNY 39.30 billion compared to the end of the previous year[6] - Total assets increased to approximately RMB 39.30 billion, up from RMB 38.52 billion at the beginning of the year[15] - Total liabilities decreased to CNY 6,128,516,828.91 from CNY 6,611,099,129.71 at the start of the year, reflecting a reduction of 7.3%[22] - The company's cash and cash equivalents decreased to CNY 977,454,112.95 from CNY 1,522,443,310.66, a decline of 35.8%[20] - The total equity attributable to shareholders increased to CNY 12,508,884,746.42 from CNY 12,484,011,248.16, a slight increase of 0.2%[22] Shareholder Information - The number of shareholders reached 251,305 at the end of the reporting period[10] - The largest shareholder, China National Gold Group Corporation, holds 50.34% of the shares[10] Other Financial Metrics - Non-recurring gains and losses totaled CNY 20.46 million for the period[9] - The weighted average return on net assets decreased by 0.23 percentage points to 0.43%[6] - The company reported a significant increase in government subsidies, with other income rising by 115.29%[12] - The company plans to enhance its copper sales business, as indicated by a 163.99% increase in advance receipts[12] - The company reported an investment income of CNY 7,214,579.29, down from CNY 10,754,534.24 in the previous year[26] - The company's financial expenses for Q1 2018 were CNY 179,220,400.17, an increase from CNY 158,784,965.20 in the same period last year[25] - The company's other comprehensive income after tax was CNY 38,869,125.00, compared to CNY 8,907,575.00 in Q1 2017, indicating a significant increase[26]