AGSW(SH:600199)2017-04-27 16:00Financial Performance - Operating revenue fell by 27.05% to CNY 347,840,027.27 year-on-year[7] - Net profit attributable to shareholders decreased by 77.03% to CNY 6,313,510.64 compared to the same period last year[7] - Basic earnings per share dropped by 76.97% to CNY 0.0114[7] - The company's total equity decreased to CNY 1,607,626,147.65 from CNY 1,625,936,376.18 year-over-year[22] - Net profit for Q1 2017 was CNY 6,528,991.61, a decline of 76% from CNY 27,599,667.74 in Q1 2016[25] - Total operating revenue for Q1 2017 was CNY 347,840,027.27, a decrease of 27% compared to CNY 476,825,174.30 in the same period last year[23] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 148,119,917.97, compared to a net outflow of CNY 58,096,955.44 in the previous year[7] - The net cash flow from operating activities worsened, showing a negative ¥148,119,917.97 compared to a negative ¥58,096,955.44 in the previous year[14] - Cash inflows from operating activities amounted to 371,077,140.53 RMB, a decrease of 8.9% from 407,488,762.37 RMB in the previous period[29] - Cash outflows from operating activities totaled 519,197,058.50 RMB, an increase of 11.5% compared to 465,585,717.81 RMB in the previous period[30] - The net cash flow from investment activities was -82,040,999.73 RMB, compared to 106,109,061.46 RMB in the previous period[30] - The company reported a net cash decrease of 149,231,407.31 RMB during the quarter, contrasting with a net increase of 7,370,934.87 RMB in the previous period[34] Assets and Liabilities - Total assets decreased by 4.25% to CNY 3,132,907,166.90 compared to the end of the previous year[7] - Current liabilities decreased from ¥882,229,662.75 to ¥735,596,439.30, indicating improved liquidity[17] - The company's total assets increased to CNY 3,099,103,948.05, up from CNY 3,078,450,800.64 at the end of the previous period[22] - Total liabilities rose to CNY 1,491,477,800.40, compared to CNY 1,452,514,424.46 in the prior period[22] Expenses - Sales expenses reduced by 33.46%, from ¥154,536,897.03 to ¥102,835,384.32 compared to the same period last year[14] - The company's tax payable decreased by 50.42%, from ¥89,875,388.12 to ¥44,562,634.90[14] - The company reported a significant decline in profit, leading to a corresponding decrease in income tax expenses by 33.94%, from ¥16,469,706.05 to ¥10,880,032.22[14] Investments - Investment income plummeted by 99.33%, from ¥2,500,849.33 to ¥16,632.21 due to a decrease in the scale of bank financial products[14] - The company reported an investment income of CNY 16,632.21, significantly lower than CNY 2,500,849.33 in the previous year[24] Shareholder Information - The number of shareholders reached 66,827, with the largest shareholder holding 32.07% of the shares[11] Future Outlook - The company plans to focus on market expansion and new product development to improve future performance[23]