HNHS(SH:600156)2018-04-25 16:00Financial Performance - Operating revenue rose by 36.96% to CNY 240,595,786.93 compared to the same period last year[7] - Net profit attributable to shareholders was CNY -11,136,742.99, an improvement from CNY -15,431,315.52 in the previous year[7] - Basic and diluted earnings per share were both CNY -0.0277, compared to CNY -0.0384 in the previous year[7] - The net loss for Q1 2018 was CNY 13,442,447.21, an improvement from a net loss of CNY 19,358,947.81 in Q1 2017[25] - The operating profit for Q1 2018 was CNY -13,445,345.39, compared to CNY -19,381,416.09 in the previous year, indicating a reduced loss[24] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -27,778,468.45, worsening from CNY -5,553,285.62 year-on-year[7] - The company reported a net cash outflow from operating activities of CNY -27,778,468.45, a significant increase of 400.22% compared to CNY -5,553,285.62 in the previous year[14] - Operating cash inflow totaled CNY 288,410,750.35, up from CNY 202,824,462.42 in the previous period, representing an increase of approximately 42.2%[31] - Cash outflow from operating activities was CNY 316,189,218.80, compared to CNY 208,377,748.04 in the prior period, indicating a rise of about 51.8%[31] - The overall cash position showed a net decrease of CNY 17,257,214.58, an improvement from a larger decrease of CNY 108,726,786.60 in the prior period[32] Assets and Liabilities - Total assets increased by 3.18% to CNY 1,071,749,410.32 compared to the end of the previous year[7] - Current liabilities increased to CNY 401,406,450.83 from CNY 354,769,522.59, indicating a rise in short-term financial obligations[19] - The total equity attributable to shareholders decreased to CNY 611,231,991.76 from CNY 622,368,734.75, indicating a reduction in shareholder value[19] - The total liabilities as of the end of Q1 2018 were CNY 10,481,146.68, slightly up from CNY 10,478,294.16 at the end of the previous period[22] - The total equity decreased to CNY 502,054,442.68 from CNY 507,146,421.78 in the previous period[22] Shareholder Information - The total number of shareholders was 23,656 at the end of the reporting period[11] - The largest shareholder, Hunan Huasheng Group Co., Ltd., held 40.31% of the shares[11] Operating Costs - Operating costs rose to CNY 238,664,402.41, reflecting a 36.27% increase from CNY 175,143,070.58, primarily due to increased revenue[14] - Management expenses increased by 30.42% to CNY 14,965,220.04 from CNY 11,474,809.00, largely due to temporary production halts[14] - Financial expenses surged by 51.28% to CNY 1,673,881.49, driven by interest expenses and foreign exchange losses[14] - Total operating costs for Q1 2018 were CNY 262,151,810.95, up 34.0% from CNY 195,629,971.72 year-over-year[24] Investment Activities - Investment cash inflow amounted to CNY 43,070,415.45, significantly higher than CNY 18,302,339.01 in the previous period, marking an increase of approximately 135.5%[32] - Cash outflow from investment activities was CNY 32,046,883.09, down from CNY 121,018,490.00, a decrease of about 73.5%[32] - Net cash flow from investment activities was CNY 11,023,532.36, a recovery from negative CNY 102,716,150.99 in the prior period[32] Future Outlook - The company expects to continue facing challenges in cash flow management due to operational losses and increased costs[14]