KCGJ(SH:600097)2018-04-19 16:00Financial Performance - Operating revenue for the period was ¥371,899,377.54, representing a growth of 14.51% year-on-year[6] - Net profit attributable to shareholders was a loss of ¥24,575,142.55, an improvement from a loss of ¥40,909,089.99 in the same period last year[6] - Basic and diluted earnings per share were both -¥0.10, compared to -¥0.20 in the same period last year[6] - Total operating revenue for Q1 2018 was CNY 371,899,377.54, an increase of 14.5% compared to CNY 324,771,126.16 in the same period last year[20] - Net loss for Q1 2018 was CNY 22,848,313.90, compared to a net loss of CNY 41,047,516.15 in Q1 2017, indicating an improvement of 44.3%[21] - The company reported a gross profit margin of approximately -6.0% for Q1 2018, compared to -12.4% in Q1 2017[21] - The total comprehensive income for Q1 2018 was -386,558.80, compared to -274,245.59 in the previous period, indicating a decline[24] Cash Flow - Net cash flow from operating activities was ¥65,545,055.79, a significant recovery from a negative cash flow of ¥29,653,426.43 in the previous year[6] - Cash inflow from operating activities was 388,107,727.98, up from 350,152,701.61, representing an increase of approximately 10.5%[26] - Cash outflow for purchasing goods and services was 257,510,589.00, down from 312,506,405.54, showing a decrease of about 17.6%[26] - The net cash flow from investing activities was -18,287,738.88, worsening from -4,712,076.73 in the previous period[26] - Cash and cash equivalents at the end of the period totaled 547,809,906.29, an increase from 343,255,852.38 at the end of the previous period[26] - The total cash flow for the period showed a net increase of 43,267,372.54, contrasting with a net decrease of -28,977,332.86 in the previous period[26] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,816,090,182.21, an increase of 0.83% compared to the end of the previous year[6] - The company's total liabilities increased to ¥317,255,106.71 from ¥264,313,231.41, indicating a rise in financial obligations[14] - Accounts receivable increased by 302.12% to ¥32,626,741.05 from ¥8,113,610.83 due to normal ticket revenue from ALBO company[10] - Prepayments rose by 57.90% to ¥48,299,090.82 from ¥30,588,541.85, attributed to normal material procurement[10] - Construction in progress surged by 251.53% to ¥10,666,421.28 from ¥3,034,275.26, mainly due to ongoing repairs of tuna vessels[10] - The total assets at the end of Q1 2018 were CNY 1,836,239,825.32, slightly down from CNY 1,837,625,185.37 at the beginning of the year[19] - Total liabilities at the end of Q1 2018 were CNY 2,533,550.02, a decrease of 28.3% from CNY 3,532,351.27 at the beginning of the year[19] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,768[7] - The top shareholder, Shanghai Ocean Fishing Co., Ltd., held 42.26% of the shares, totaling 101,811,538 shares[8] Other Income and Expenses - The company reported non-operating income of ¥532,290.11, primarily from government subsidies and other income sources[6] - The company recorded a financial expense of CNY -3,655,509.06, a significant decrease from CNY 8,277,078.74 in the previous year[20] - Other comprehensive income after tax for Q1 2018 was CNY -15,144,176.65, compared to CNY 415,661.25 in Q1 2017[21] - The company reported a 98.90% decrease in accounts payable, dropping to ¥83,576.29 from ¥7,575,183.40, due to normal ticket maturities from ALBO company[10] - Other payables increased by 113.10% to ¥53,116,909.24 from ¥24,925,541.67, primarily due to accrued seafarer allowances and repair costs[10]