JSSS(SH:600220)2017-04-27 16:00Financial Performance - Operating revenue decreased by 16.35% to CNY 363,106,187.47 year-on-year[6] - Net profit attributable to shareholders decreased by 103.29% to CNY -739,327.71 compared to the same period last year[6] - Basic and diluted earnings per share dropped by 96.81% to CNY 0.0006[6] - The company reported a significant decline in net profit, indicating challenges in maintaining profitability amid operational difficulties[6] - The company's net profit for the first quarter of 2017 was RMB 2,807,950.32, a decrease of 93.55% compared to RMB 43,559,596.80 in the same period last year[14] - Operating profit fell to RMB 2,532,214.27, down 95.35% from RMB 54,422,146.61 year-on-year, primarily due to rising coal prices in the thermal power industry[14] - Total profit for the current period is ¥4,757,892.57, down 91.7% from ¥57,107,512.01 in the previous period[26] Cash Flow - Cash flow from operating activities worsened by 230.64%, resulting in CNY -109,379,362.83[6] - Cash flow from operating activities showed a net outflow of RMB 109,379,362.83, worsening by 230.64% compared to RMB -33,081,230.63 in the previous year[14] - The net cash flow from operating activities was -37,036,706.84 RMB, compared to -11,003,883.53 RMB in the previous period, indicating a decline in operational performance[35] - Cash inflow from investment activities totaled 30,980,879.81 RMB, up from 12,643,719.16 RMB in the previous period, reflecting improved investment recovery[35] - The net increase in cash and cash equivalents for the period was 118,712,291.85 RMB, compared to 134,123,754.36 RMB in the previous period, reflecting a slight decrease in cash generation[35] Assets and Liabilities - Total assets increased by 2.55% to CNY 4,617,580,550.80 compared to the end of the previous year[6] - Current assets rose to ¥2,035,887,871.24, up from ¥1,889,795,688.01, indicating an increase of about 7.73%[18] - Total liabilities increased to ¥2,411,201,014.61 from ¥2,298,913,854.48, reflecting a growth of approximately 4.88%[19] - Current liabilities totaled ¥1,714,128,217.10, compared to ¥1,602,436,110.57, marking an increase of around 6.97%[19] - Short-term borrowings rose to ¥1,356,285,145.00 from ¥1,191,000,000.00, an increase of approximately 13.86%[19] Shareholder Information - The total number of shareholders reached 133,377 at the end of the reporting period[11] - The largest shareholder, Jiangsu Sunshine Group Co., Ltd., holds 150,663,362 shares, accounting for 8.448% of total shares[11] - The total voting rights held by the major shareholders amounted to 29.988%[12] Other Financial Metrics - Non-recurring gains and losses totaled CNY 1,867,549.63, with government subsidies contributing CNY 917,750.00[8] - Investment income plummeted by 92.24% to RMB 980,879.81 from RMB 12,643,719.16, attributed to reduced returns from entrusted loans[14] - Sales expenses decreased to ¥1,297,367.12, down 71.1% from ¥4,491,918.96 in the previous period[30] - Management expenses decreased slightly to ¥30,429,908.09 from ¥32,729,047.10, a reduction of 7.0%[30] - The cash flow from tax refunds was 4,986,830.74 RMB, an increase from 2,454,417.41 RMB, showing improved tax recovery efforts[34]