ACHT(SH:600207)2018-04-27 16:00Financial Performance - Operating revenue for the period reached CNY 632.46 million, representing a 39.02% increase year-on-year[12] - Net profit attributable to shareholders was a loss of CNY 10.74 million, an improvement from a loss of CNY 17.86 million in the same period last year[12] - The company reported a gross profit margin of approximately -0.8% for Q1 2018, compared to a margin of -3.3% in Q1 2017[33] - The company's operating revenue for Q1 2018 was approximately ¥332.53 million, an increase of 28% compared to ¥259.75 million in the same period last year[35] - The net loss for Q1 2018 was approximately ¥18.74 million, an improvement from a net loss of ¥22.13 million in Q1 2017, representing a reduction of about 15.5%[36] Cash Flow - The net cash flow from operating activities was CNY 14.87 million, a significant recovery from a negative cash flow of CNY 34.09 million in the previous year[6] - The net cash flow from operating activities increased to ¥14,865,692.28 from a negative ¥34,087,855.41, primarily due to increased sales revenue and cash inflows from sales[14] - The cash flow from operating activities generated a net inflow of approximately ¥14.87 million, a significant recovery from a net outflow of ¥34.09 million in the previous year[37] - Net cash flow from operating activities was $60,855,779.32, a decrease of 22.7% compared to $78,679,253.91 in the previous year[40] - The ending cash and cash equivalents balance was $60,730,811.87, down from $200,163,991.26 in the previous year, reflecting a significant decrease of 69.7%[40] Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 2.27 billion, a decrease of 2.28% compared to the end of the previous year[6] - The company’s total equity as of March 31, 2018, was CNY 1,869,092,796.98, down from CNY 1,887,638,516.41 at the beginning of the year[29] - The company’s current liabilities decreased to ¥289,543,255.48 from ¥332,709,530.87[23] - Total liabilities increased to CNY 404,706,886.57 from CNY 334,419,526.92 at the start of the year[29] Shareholder Information - The number of shareholders at the end of the reporting period was 62,933[8] - The top shareholder, Henan Investment Group Co., Ltd., held 47.26% of the shares, amounting to 407,835,649 shares[9] Financial Expenses and Other Income - The company experienced a 363.88% rise in financial expenses, totaling CNY 7.01 million, largely due to exchange rate fluctuations[12] - The company recorded other income of approximately ¥599.60 million, slightly down from ¥676.48 million in the previous year[35] Investment Activities - The net cash flow from investing activities rose to ¥18,585,034.04, compared to a negative ¥3,170,359.57, mainly due to reduced cash outflows for fixed asset purchases[14] - The cash inflow from investment activities was approximately ¥20.24 million, compared to ¥237.48 thousand in the previous year, showing a significant increase[38] Legal Matters - The company issued a lawsuit against Zhengzhou New Zhongyuan Glass for failing to pay interest on the entrusted loan, seeking repayment of the principal and interest[16]