BOCO(SH:600289)2018-04-24 16:00Financial Performance - Net profit attributable to shareholders was CNY -116,079,728.11, a decrease of 1,641.41% year-on-year[6] - Operating revenue fell by 33.49% to CNY 207,131,655.38 compared to the same period last year[6] - Basic earnings per share were CNY -0.1839, a decline of 1,645.38% year-on-year[6] - Net profit decreased significantly by 1647.31% to a loss of ¥116,186,748.80, attributed to declining operating income and rising expenses[14] - The net profit for Q1 2018 was CNY 31.67 million, down from CNY 120.05 million year-over-year, indicating a decrease of approximately 73.6%[30] - The company’s total comprehensive income for Q1 2018 was CNY 31.67 million, down from CNY 120.05 million in the same period last year, indicating a decline of approximately 73.6%[30] Assets and Liabilities - Total assets decreased by 5.15% to CNY 2,828,606,365.98 compared to the end of the previous year[6] - Total current assets decreased from ¥2,302,754,959.04 to ¥2,158,719,446.03, a reduction of approximately 6.26%[15] - Total liabilities decreased from ¥2,276,713,228.01 to ¥2,239,239,990.22, a reduction of approximately 1.65%[17] - The company's total assets decreased from ¥2,982,266,352.57 to ¥2,828,606,365.98, a decline of about 5.16%[17] - The company's retained earnings showed a negative balance, decreasing from -¥1,609,152,996.32 to -¥1,725,232,724.43[17] Cash Flow - Cash flow from operating activities was CNY -109,534,534.57, an improvement compared to CNY -152,085,696.41 in the previous year[6] - The cash flow from operating activities showed a net outflow of CNY 109.53 million, an improvement compared to a net outflow of CNY 152.09 million in the previous year[31] - The total cash and cash equivalents at the end of Q1 2018 were CNY 237.53 million, down from CNY 1.83 billion at the end of the same period last year[31] - Net cash flow from financing activities was -$20,050,508.33, compared to -$12,360,068.75 in the previous period, indicating a decrease in financing cash flow[34] - The net increase in cash and cash equivalents was $59,550,268.97, contrasting with a decrease of -$145,743,869.48 in the prior period[34] Operating Costs and Expenses - Operating costs decreased by 28.30% to CNY 62,057,089.95 due to the decline in operating revenue[13] - Sales expenses increased by 45.70% to ¥47,358,821.31, driven by the promotion of new internet healthcare businesses[14] - Management expenses rose by 28.53% to ¥214,580,899.88, reflecting higher spending on talent acquisition and retention[14] - The company's operating expenses increased, with sales expenses rising to CNY 31.16 million from CNY 18.44 million, marking an increase of about 68.5%[29] - The company reported a significant increase in cash paid to employees, totaling CNY 204.68 million, compared to CNY 149.58 million in the previous year, which is an increase of approximately 37%[31] Shareholder Information - The total number of shareholders was 51,275 at the end of the reporting period[10]