CAHIC(SH:600195)2017-04-28 16:00Financial Performance - Net profit attributable to shareholders decreased by 8.40% to CNY 74,539,962.14 year-on-year[7] - Operating revenue declined by 10.02% to CNY 781,437,499.58 compared to the same period last year[7] - Total operating revenue for Q1 2017 was CNY 781,437,499.58, a decrease of 10.03% compared to CNY 868,437,323.20 in the same period last year[23] - Net profit for Q1 2017 was CNY 84,860,025.58, a decline of 6.23% from CNY 90,985,944.50 in Q1 2016[24] - The company reported a total comprehensive income of CNY 84,317,052.22 for Q1 2017, compared to CNY 91,306,518.12 in the previous year, indicating a decrease of 7.73%[24] - Earnings per share (EPS) for Q1 2017 was CNY 0.1734, down from CNY 0.1893 in the same quarter last year, reflecting a decrease of 9.93%[25] Assets and Liabilities - Total assets increased by 1.37% to CNY 6,113,022,477.27 compared to the end of the previous year[7] - Total assets as of March 31, 2017, amounted to CNY 6,113,022,477.27, an increase from CNY 6,030,681,072.02 at the beginning of the year[15] - Current assets totaled CNY 3,402,828,752.26, up from CNY 3,310,199,748.25 at the start of the year, reflecting a growth of approximately 2.8%[15] - Total liabilities decreased slightly to CNY 2,335,126,074.27 from CNY 2,336,523,085.41, a reduction of approximately 0.06%[17] - The company’s total liabilities were CNY 1,933,129,966.83, a decrease from CNY 1,999,368,494.26 in the previous period[21] Cash Flow - Cash flow from operating activities improved slightly by 1.75%, reaching CNY -267,824,809.98[7] - Cash inflow from operating activities increased to ¥587,759,972.73 from ¥517,147,879.95, representing a growth of approximately 13.2%[27] - Net cash outflow from operating activities improved slightly to -¥267,824,809.98 compared to -¥272,605,618.24 in the previous period[27] - Cash inflow from investment activities surged to ¥517,747,511.94 from ¥80,485.90, indicating a significant increase driven by other investment-related cash receipts[28] - Net cash outflow from investment activities decreased to -¥425,541,389.85 from -¥1,311,316,985.97, showing improved cash management[28] - Cash inflow from financing activities totaled ¥54,854,187.00, a notable increase from ¥19,000,380.00 in the previous period[28] - Net cash outflow from financing activities was -¥18,219,605.53, a significant reduction compared to a net inflow of ¥1,181,060,108.69 previously[28] - The ending cash and cash equivalents balance was ¥354,284,894.02, up from ¥300,417,743.31, reflecting a positive cash position[28] - Total cash and cash equivalents decreased by ¥711,365,762.13 during the period, compared to a decrease of ¥402,862,495.52 in the prior period[28] Shareholder Information - The number of shareholders reached 21,342 at the end of the reporting period[10] - The largest shareholder, China Animal Husbandry Group, holds 51.91% of the shares[10] Investment and Equity - Investment income rose by 158.35% to CNY 33,541,657.41, attributed to bank wealth management interest income[11] - Long-term investments in equity increased to CNY 562,773,039.68 from CNY 547,589,795.03, showing a growth of about 2.3%[16] - Owner's equity increased to CNY 3,777,896,403.00 from CNY 3,694,157,986.61, reflecting a growth of about 2.3%[17] - The company reported a significant increase in other current assets, which rose to CNY 1,700,000,000.00 from CNY 1,308,540,967.95, an increase of approximately 30%[15] Operational Costs - Total operating costs for Q1 2017 were CNY 715,453,186.13, down 7.07% from CNY 769,927,798.36 year-on-year[24] - Sales expenses for Q1 2017 were CNY 104,579,184.10, slightly down from CNY 108,842,039.20 in the same period last year[24] Future Outlook - The company plans to continue focusing on investment opportunities and cost management to improve profitability in the upcoming quarters[24]