CSI(SH:600158)2016-04-29 16:00Financial Performance - Net profit attributable to shareholders was CNY -11,352,219.24, a decrease of 204.67% year-on-year[11] - Operating revenue increased by 18.96% to CNY 126,509,486.95 compared to the same period last year[11] - The net cash flow from operating activities was CNY -43,888,815.40, a decline of 570.20% year-on-year[11] - Operating revenue increased to ¥126,509,486.95, up 18.96% year-over-year, primarily due to increased real estate development income[15] - Operating costs rose to ¥102,967,070.35, reflecting a 25.99% increase, mainly driven by higher real estate development costs[15] - Sales expenses increased by 31.76% to ¥12,735,918.65, attributed to higher real estate sales expenses[15] - Investment income dropped by 94.39% to ¥1,624,304.10, primarily due to reduced gains from equity disposals[15] - Net loss for Q1 2016 was CNY -18,550,727.14, compared to a net profit of CNY 6,929,725.75 in Q1 2015[33] - The net profit attributable to the parent company for Q1 2016 was CNY -11,352,219.24, a decrease from CNY 10,845,828.56 in the previous year[33] - The company's operating revenue for Q1 2016 was CNY 144.83 million, a decrease from CNY 189.28 million in the same period last year, representing a decline of approximately 23.5%[37] - The net profit for Q1 2016 was a loss of CNY 2.48 million, compared to a loss of CNY 2.95 million in Q1 2015, indicating an improvement in loss by about 15.8%[37] Assets and Liabilities - Total assets decreased by 2.89% to CNY 3,784,784,055.12 compared to the end of the previous year[11] - Total assets decreased to ¥3,784,784,055.12 from ¥3,897,337,617.19, indicating a decline in overall asset value[26] - Total liabilities as of March 31, 2016, were CNY 108,455,466.80, compared to CNY 108,443,733.52 at the start of the year[31] - The total equity attributable to the parent company was CNY 1,236,410,771.27, a slight decrease from CNY 1,238,893,113.32 at the beginning of the year[31] Cash Flow - The cash and cash equivalents decreased by 23.18% to CNY 391,478,870.08 due to repayment of bank loans and dividends[14] - Cash received from sales and services rose to ¥192,549,228.48, marking a 43.26% increase, mainly from real estate sales and sports event collections[16] - Cash flow from operating activities showed a net outflow of CNY 43.89 million, a significant decline from a net inflow of CNY 9.33 million in the previous year[39] - The company reported cash inflows from sales of goods and services amounting to CNY 192.55 million, an increase of approximately 43.1% compared to CNY 134.41 million in the previous year[39] - The company experienced a net decrease in cash and cash equivalents of CNY 117.73 million during the quarter, compared to a decrease of CNY 72.56 million in the previous year[40] Shareholder Information - The number of shareholders reached 100,155 at the end of the reporting period[12] - Basic and diluted earnings per share for Q1 2016 were CNY -0.0135, down from CNY 0.0129 in Q1 2015[34] Government Support and Future Plans - The company received government subsidies amounting to CNY 82,088.37 during the reporting period[11] - The company plans to continue expanding its real estate development projects, with a signed area of 23,810.29 square meters, an increase of 242.80% year-over-year[17]