CCS(SH:600180)2018-05-10 16:00Financial Performance - Operating revenue surged by 115.34% to CNY 11,268,696,305.02 from CNY 5,232,988,268.27 year-on-year[6] - Net profit attributable to shareholders increased by 115.45% to CNY 352,564,962.01 compared to CNY 163,643,032.78 in the same period last year[6] - Basic earnings per share decreased by 3.14% to CNY 0.2560 from CNY 0.2643 year-on-year[6] - The company reported a net loss from non-operating income of CNY -92,099,722.07[9] - The company reported a total profit of ¥320,240,227.46 for Q1 2018, compared to ¥374,430,228.49 in the same period last year[28] - Net profit for Q1 2018 was ¥260,583,954.15, slightly down by 2.9% from ¥267,439,054.25 in Q1 2017[28] - The company experienced a decrease in comprehensive income, totaling ¥227,952,437.43 in Q1 2018, down from ¥252,962,755.42 in Q1 2017[29] Assets and Liabilities - Total assets increased by 4.60% to CNY 22,133,877,904.66 compared to the end of the previous year[6] - Total current assets increased to ¥20,862,354,918.29 from ¥19,869,135,570.29, representing a growth of approximately 5.0%[19] - Total liabilities increased to ¥16,671,889,428.57 from ¥15,925,745,894.12, reflecting a growth of about 4.7%[21] - The total number of shareholders reached 21,403 at the end of the reporting period[11] - The largest shareholder, Zhengzhou Ruimaotong Supply Chain Co., Ltd., holds 48.86% of the shares, totaling 496,633,813 shares[11] - Total liabilities as of Q1 2018 amounted to ¥8,170,000,835.90, a slight increase from ¥8,073,007,649.60 in the previous year[28] Cash Flow - Cash flow from operating activities improved by 32.14%, reducing the outflow to CNY -517,491,990.79 from CNY -762,563,872.11[6] - Operating cash inflow totaled CNY 14,313,711,223.33, an increase from CNY 9,024,887,167.29 in the previous period[35] - The company reported a net cash flow from operating activities of CNY 1,586,518,722.21, compared to CNY -24,275,001.74 in the prior year[37] - Total cash outflow for operating activities was CNY 2,115,170,507.82, a decrease from CNY 13,491,438,181.15 year-over-year[37] Investments and Other Financial Metrics - The company’s investment income decreased by 228.47%, resulting in a loss of ¥125,790,077.27 compared to a profit of ¥97,914,968.46 in the previous year[14] - The company reported a significant increase in operating cash inflow, totaling ¥14,313,711,223.33, up 58.60% from ¥9,024,887,167.29[14] - The company recorded a net cash flow from investment activities of CNY 98,630.14, compared to CNY -300,000,000.00 in the previous period[38] - The weighted average return on equity decreased by 0.78 percentage points to 4.86%[6] Changes in Assets - Accounts receivable increased by 30.30% to ¥5,367,585,336.13 from ¥4,119,297,011.64, driven by business growth[14] - Prepayments rose by 34.91% to ¥1,652,097,028.25, reflecting increased business activity[14] - Cash and cash equivalents decreased to ¥2,762,660,901.14 from ¥3,310,263,254.08, a decline of approximately 16.5%[19] - Inventory decreased to ¥1,051,847,223.11 from ¥1,428,849,819.25, representing a decline of about 26.4%[19] - Deferred tax assets decreased to ¥8,778,384.05 from ¥34,146,315.34, a significant drop of approximately 74.3%[20]