HDAA(SH:600316)2017-04-27 16:00Financial Performance - Operating revenue for the period was CNY 421,318,848.40, representing a decline of 25.05% year-on-year[5] - Net profit attributable to shareholders was a loss of CNY 28,771,634.02, compared to a loss of CNY 26,531,763.17 in the same period last year[5] - The weighted average return on net assets was -0.57%, slightly lower than -0.51% in the previous year[5] - Basic and diluted earnings per share were both -CNY 0.0401, compared to -CNY 0.0370 in the same period last year[5] - Net loss for Q1 2017 was CNY 28,880,068.03, compared to a net loss of CNY 26,388,618.30 in Q1 2016, indicating a worsening of 5.66%[22] - The total comprehensive income for Q1 2017 was -25,775,629.62 RMB, compared to -166,264,821.51 RMB in the previous year[25] - The company incurred a total operating loss of -28,746,324.56 RMB, slightly worse than the loss of -28,069,697.48 RMB in the same quarter last year[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,601,195,752.72, a decrease of 0.35% compared to the end of the previous year[5] - The company's total assets decreased to CNY 10,512,360,420.31 from CNY 10,570,795,182.92 at the beginning of the year, a decline of 0.55%[20] - Total liabilities decreased to ¥5,539,609,018.69 from ¥5,556,234,111.04, indicating a reduction in financial obligations[15] - Total liabilities decreased to CNY 5,469,951,997.59 from CNY 5,507,591,655.31, reflecting a reduction of 0.68%[20] - The company's total equity decreased to ¥5,061,586,734.03 from ¥5,082,197,735.28, reflecting changes in retained earnings and other comprehensive income[15] Cash Flow - The net cash flow from operating activities was negative CNY 382,382,127.13, compared to negative CNY 145,247,151.98 in the previous year[5] - Operating cash flow for Q1 2017 was -382,382,127.13 RMB, worsening from -145,247,151.98 RMB year-over-year[28] - The company reported a significant increase in cash outflows for operating activities, totaling 669,015,160.20 RMB, compared to 438,094,955.76 RMB in the prior year[28] - Cash received from borrowings decreased by 89.44% to ¥200,000,000.00, reflecting a significant reduction in funds raised from medium-term notes compared to the previous year[11] - The net cash flow from financing activities was 128,453,336.11 RMB, down from 1,306,413,390.21 RMB year-over-year[29] Shareholder Information - The total number of shareholders at the end of the reporting period was 54,161[9] - The largest shareholder, China Aviation Technology Industry Group, held 43.77% of the shares[9] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 349,221.39 for the period[8] - The company reported a government subsidy income of CNY 411,740.46, classified as non-recurring[8] - The company's cash and cash equivalents decreased by 63.57% from the previous year, totaling ¥259,209,592.64[11] - Operating costs decreased by 26.22% to ¥397,186,675.87, in line with the reduction in revenue[11] - Financial expenses increased by 109.47% to ¥10,699,403.70, primarily due to increased interest expenses from issued medium-term notes[11] - Cash paid for goods and services increased by 91.60% to ¥455,868,823.79, mainly due to the settlement of matured bank acceptance bills[11] - Prepayments increased significantly by 884.67% to ¥89,156,166.09, indicating a rise in customer advance payments[11] - Accounts receivable increased to CNY 1,161,311,334.42 from CNY 969,702,745.63, representing a growth of 19.7%[20] - Inventory rose to CNY 3,588,390,091.34 from CNY 3,413,646,198.75, an increase of 5.1%[20]