TMT(SH:600458)2016-04-26 16:00Financial Performance - Total revenue for Q1 2016 was CNY 3,024,411,545, representing a 5.08% increase compared to CNY 2,878,207,312.99 in the same period last year[10] - Net profit attributable to shareholders decreased by 60.58% to CNY 68,237,183.36 from CNY 173,120,149.38 year-on-year[6] - The company's total equity increased to CNY 4,843,700,804.58 from CNY 4,739,648,835.97, reflecting a growth of 2.19%[18] - The net profit for Q1 2016 was CNY 67,838,537.07, down 60.2% from CNY 170,380,829.09 in Q1 2015[23] - The total profit for Q1 2016 was CNY 84,864,169.79, a decrease of 60.4% compared to CNY 214,233,295.63 in the previous year[23] - The company's basic earnings per share for Q1 2016 was CNY 0.08, down from CNY 0.26 in Q1 2015[23] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -259,244,914.21, compared to CNY -139,431,661.92 in the previous year[6] - The company's cash and cash equivalents decreased by 58.85% to CNY 1,023,184,585.69 from CNY 2,486,653,546.11[10] - The company's cash and cash equivalents decreased to CNY 1.02 billion from CNY 2.49 billion, indicating a significant reduction in liquidity[15] - The cash flow from operating activities for Q1 2016 was negative CNY 259,244,914.21, compared to negative CNY 139,431,661.92 in the same period last year[28] - The total cash inflow from operating activities was 924,721,989.55 RMB, up from 751,664,317.20 RMB year-over-year, reflecting a growth of approximately 23%[31] - The ending cash and cash equivalents balance was 543,015,431.76 RMB, down from 309,749,360.33 RMB in the previous period[32] Assets and Liabilities - The company's total assets decreased by 0.50% to CNY 13,019,399,967.09 from CNY 13,084,178,201.65 at the end of the previous year[6] - Current assets totaled CNY 5,743,593,016.03, a decrease from CNY 5,961,544,000.36 at the beginning of the year[19] - Total liabilities amounted to CNY 8,175,699,162.51, down from CNY 8,344,529,365.68 at the start of the year[18] - Short-term borrowings were reduced to CNY 388.44 million from CNY 769.45 million, a decrease of approximately 49%[16] - Long-term borrowings remained stable at CNY 1,488,538,100.00, compared to CNY 1,440,325,600.00 at the beginning of the year[20] Operational Metrics - The company's operating costs rose by 2.18% to CNY 2,525,209,969.05, primarily due to increased revenue scale[11] - Total operating costs for Q1 2016 were CNY 2,954,169,308.13, up 10.67% from CNY 2,669,389,932.52 year-over-year[22] - The company's operating revenue for Q1 2016 was CNY 1,497,561,498.77, an increase of 10.4% compared to CNY 1,356,856,702.61 in the same period last year[25] Investments and Financing - The company reported a significant increase in investment activities, with net cash flow from investing activities at CNY -846,932,270.81, a decrease of 1,555.08% compared to the previous year[10] - The company experienced a significant net cash outflow from investing activities of -772,720,000.76 RMB, compared to a net inflow of 71,955,091.96 RMB in the previous period[32] - The net cash flow from financing activities was -395,973,952.30 RMB, a decrease from a net inflow of 109,412,651.36 RMB in the previous period[32] - The company completed a private placement of 141,376,060 shares on January 15, 2016, with a lock-up period of 36 months[13] Other Key Metrics - The company recognized government subsidies and gains from the disposal of non-current assets, contributing to an increase in non-operating income by 206.79% to CNY 17,551,170.50[10] - The company reported a foreign exchange loss of CNY 32,213,431.54 in Q1 2016, contrasting with a loss of CNY 181,919,455.54 in Q1 2015[23] - The investment income from joint ventures and associates was negative CNY 209,711.73, an improvement from negative CNY 561,602.04 in the previous year[25] - The company recorded a non-operating income of CNY 17,551,170.50 in Q1 2016, compared to CNY 5,720,947.47 in Q1 2015[23]