金证股份(600446) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue increased by 28.15% to CNY 1,075,793,306.18 compared to the same period last year[7] - Net profit attributable to shareholders was CNY -24,965,747.60, a slight improvement of 3.37% compared to the same period last year[7] - Basic earnings per share improved by 5.18% to CNY -0.0293 compared to CNY -0.0309 in the previous year[7] - Total operating revenue for Q1 2018 was CNY 1,075,793,306.18, an increase of 28.14% compared to CNY 839,476,771.39 in the same period last year[24] - Net loss for Q1 2018 was CNY -35,855,165.55, compared to a net loss of CNY -16,488,577.52 in Q1 2017, indicating a worsening performance[25] - The net profit for Q1 2018 was a loss of CNY 6,921,726.87, improving from a loss of CNY 21,799,396.11 in Q1 2017[28] - The total comprehensive income for Q1 2018 was a loss of CNY 6,921,726.87, compared to a loss of CNY 21,799,396.11 in the previous year[28] Assets and Liabilities - Total assets decreased by 3.82% to CNY 4,373,195,278.63 compared to the end of the previous year[7] - The company’s total assets decreased to ¥4,373,195,278.63 from ¥4,546,819,933.07, indicating a reduction in overall asset base[15] - The company’s total liabilities increased, with current liabilities rising to ¥2,062,802,877.44 from ¥1,859,262,982.66, reflecting increased operational financing needs[16] - Total liabilities increased to CNY 1,435,677,092.61 from CNY 1,376,561,486.71, reflecting a rise in financial obligations[21] Cash Flow - Cash flow from operating activities improved by 37.26%, reaching CNY -140,534,183.10 compared to CNY -223,986,670.84 in the previous year[7] - The net cash flow from operating activities improved by 37.26% to -¥140,534,183.10 from -¥223,986,670.84, reflecting increased sales collections[14] - The net cash flow from operating activities was a negative CNY 140,534,183.10, an improvement from a negative CNY 223,986,670.84 in Q1 2017[31] - Net cash flow from operating activities was -$188.22 million, worsening from -$92.37 million year-over-year[34] - Total cash outflow from operating activities was $345.04 million, compared to $204.59 million in the previous period, an increase of 68.5%[34] Shareholder Information - The total number of shareholders reached 84,486 at the end of the reporting period[11] - The top shareholder, Du Xuan, holds 10.60% of the shares, amounting to 90,454,262 shares[11] Investments and Expenses - The company received government subsidies amounting to CNY 1,803,702.19, closely related to its normal business operations[7] - Long-term equity investments increased by 93.63% to ¥246,444,287.30 from ¥127,274,092.63, primarily due to investments in Youpin Wealth Management Co., Ltd.[13] - The company incurred financial expenses of CNY 2,057,265.58 in Q1 2018, compared to a financial income of CNY 4,156,978.38 in the same period last year[27] - The company reported a significant increase in financial expenses, with a net financial cost of CNY -2,918,073.56 compared to CNY -6,797,067.32 in the previous year[25] Operational Metrics - Cash and cash equivalents decreased by 40.31% to ¥929,346,953.85 from ¥1,556,869,998.14 due to investment payments and seasonal collection factors[13] - Accounts receivable increased by 43.28% to ¥816,345,641.14 from ¥569,738,219.86, attributed to seasonal sales collection[13] - Operating costs rose by 30.23% to ¥870,504,192.41, corresponding to the increase in revenue[14] - The company's management expenses decreased to CNY 79,147,133.65 from CNY 83,031,337.74 year-over-year[27] - The company’s sales expenses were CNY 5,747,676.73, slightly down from CNY 5,882,987.56 in the previous year[27]