mailyard(SH:600107)2017-04-27 16:00Financial Performance - Revenue for the first quarter was CNY 133,475,402.04, a slight increase of 0.13% year-on-year[8]. - Net profit attributable to shareholders was a loss of CNY 4,922,854.83, compared to a loss of CNY 4,474,941.68 in the same period last year[8]. - The net loss for Q1 2017 was CNY 5,270,278.39, compared to a net loss of CNY 4,497,894.06 in the previous year, reflecting a deterioration in performance[22]. - The operating profit for the period was reported at -CNY 5,188,591.71, worsening from -CNY 1,886,323.62 in the same quarter last year[21]. - The company’s total comprehensive loss for the period was CNY 5,270,278.39, compared to CNY 4,497,894.06 in the prior year, indicating ongoing challenges[22]. Assets and Liabilities - Total assets decreased by 0.65% to CNY 1,178,159,840.58 compared to the end of the previous year[8]. - Total liabilities decreased from ¥613,998,349.26 to ¥592,296,348.22, with a notable reduction in current liabilities[16]. - Total liabilities decreased to CNY 353,849,070.38 from CNY 367,606,059.41, showing a reduction in financial obligations[21]. - Owner's equity increased to CNY 540,844,091.16 from CNY 520,942,576.25, indicating a strengthening of the company's financial position[21]. Cash Flow - Net cash flow from operating activities increased by 386.83% to CNY 17,698,418.09 compared to the same period last year[8]. - Cash inflow from operating activities totaled CNY 264,690,110.45, a significant increase from CNY 143,120,439.06 in the previous period, representing an increase of approximately 85.0%[27]. - Cash outflow from operating activities increased to CNY 246,991,692.36 from CNY 139,484,971.52, reflecting a rise of about 77.0%[27]. - Cash inflow from investment activities was CNY 132,744,836.46, compared to CNY 77,164,250.93 in the previous period, marking an increase of approximately 72.0%[28]. - Net cash flow from investment activities was -CNY 51,296,514.96, slightly improved from -CNY 52,960,962.76, showing a reduction in losses[28]. - Cash inflow from financing activities amounted to CNY 90,000,000.00, up from CNY 80,000,000.00, representing a growth of 12.5%[28]. - Net cash flow from financing activities was CNY 58,980,785.22, down from CNY 64,321,748.81, indicating a decrease of approximately 8.0%[28]. - The ending cash and cash equivalents balance was CNY 167,087,713.54, compared to CNY 161,162,658.82 in the previous period, reflecting an increase of about 3.0%[28]. Operational Metrics - Gross margin for direct stores was 39.89%, down by 9.32% year-on-year[11]. - Gross margin for franchise stores was 54.69%, up by 1.28% year-on-year[11]. - Online sales revenue was CNY 1,408,828.04, with a gross margin of 58.74%[11]. - Offline sales revenue was CNY 102,262,939.24, with a gross margin of 37.38%[11]. - The total number of stores remained unchanged at 226, with 3 new franchise stores opened and 3 closed during the quarter[11]. Other Financial Metrics - Investment income surged by 395.32% to ¥3,371,492.03, primarily due to increased net profits from the company's futures subsidiary[12]. - Operating tax and additional fees decreased by 46.23% to ¥859,445.44, mainly due to the impact of tax reforms[12]. - Non-distributed profits reached -¥16,520,427.06, reflecting losses incurred during the period[12]. - Other income from the disposal of idle fixed assets increased significantly to ¥368,806.40, a rise of 36,057.49%[12]. - Other expenses related to the disposal of idle fixed assets rose to ¥106,269.24, an increase of 2,025.38%[12].