BJBASHI(SH:600386)2018-04-26 16:00Financial Performance - Operating revenue for the first quarter reached CNY 1,003,445,852.44, a 17.15% increase year-on-year[7] - Net profit attributable to shareholders decreased by 19.44% to CNY 15,143,006.39 compared to the same period last year[7] - The company reported a net profit margin improvement, with retained earnings increasing to ¥536,427,767.88 from ¥521,284,761.49, a rise of 2.2%[22] - Total operating revenue for Q1 2018 was CNY 78,917,232.59, an increase from CNY 72,675,738.13 in the same period last year, representing a growth of approximately 3.4%[30] - Net profit for Q1 2018 reached CNY 21,273,775.33, compared to CNY 17,394,389.34 in Q1 2017, marking an increase of about 22.0%[28] - The company reported a total comprehensive income of CNY 34,004,545.33 for Q1 2018, compared to CNY 12,877,019.34 in the same quarter last year, reflecting a significant increase[29] Cash Flow - The net cash flow from operating activities was negative at CNY -83,309,144.93, a decline of 331.07% year-on-year[7] - Cash received from operating activities increased by 490.35% to CNY 24,040,609.17, primarily due to an increase in deposits received[15] - Total cash inflow from operating activities was 1,165,636,029.64 RMB, while cash outflow was 1,248,945,174.57 RMB, resulting in a net cash flow deficit[34] - The net cash flow from financing activities was 13,988,154.50 RMB, compared to a negative cash flow of -7,894,777.03 RMB in the previous period[35] - The company experienced a net decrease in cash and cash equivalents of -53,332,576.44 RMB, contrasting with an increase of 38,325,951.73 RMB in the previous period[38] Assets and Liabilities - Total assets increased by 26.88% to CNY 4,785,582,835.09 compared to the end of the previous year[7] - Total liabilities increased to ¥2,789,174,701.48, compared to ¥1,809,343,928.63 at the start of the year, representing a rise of 54%[22] - Non-current liabilities totaled ¥1,907,491,992.48, significantly higher than ¥947,413,325.97 at the beginning of the year, indicating a growth of 101%[22] - Owner's equity reached ¥1,996,408,133.61, compared to ¥1,962,403,588.28 at the start of the year, showing a slight increase of 1.7%[22] - Cash and cash equivalents decreased to ¥642,319,996.97 from ¥695,652,573.41, a decline of 7.7%[24] Investments and Income - Investment income increased by 78.46% to CNY 3,572,602.74 compared to the previous year, primarily due to increased returns from financial products[13] - The company recorded investment income of CNY 3,572,602.74, up from CNY 2,001,902.59 in the previous year, representing an increase of about 78.6%[28] - Other income decreased by 95.54% to CNY 36,112.76, mainly due to a reduction in government subsidies received by a subsidiary[14] Financial Expenses - Financial expenses surged by 340.47% to CNY 17,038,964.64 compared to the same period last year[12] - The financial expenses for Q1 2018 were CNY 17,038,964.64, a substantial rise from CNY 3,868,327.29 in Q1 2017, indicating an increase of approximately 340.0%[28] - The company reported a significant increase in financial expenses by 340.47%, mainly due to increased capital occupation costs in the bus body media business[13] Shareholder Information - The number of shareholders reached 33,697, with the largest shareholder holding 55.00% of the shares[9]