CJJG(SH:600496)2016-04-27 16:00Financial Performance - Operating revenue declined by 11.20% to CNY 1,390,928,801.28 year-on-year[7] - Net profit attributable to shareholders decreased by 38.53% to CNY 28,807,790.79 compared to the same period last year[7] - Basic and diluted earnings per share decreased by 27.12% to CNY 0.0223[7] - The weighted average return on equity decreased by 0.41 percentage points to 0.95%[7] - Total revenue for Q1 2016 was CNY 1,390,928,801.28, a decrease of 11.2% compared to CNY 1,566,381,250.62 in the same period last year[27] - Net profit for Q1 2016 was CNY 33,616,634.67, down 26.5% from CNY 45,715,343.68 in the same period last year[28] - The company reported a total profit of CNY 38,313,490.52 for Q1 2016, a decline of 27.1% compared to CNY 52,619,042.41 in Q1 2015[28] - The company experienced an operating loss of CNY 14,197,122.63 in Q1 2016, compared to a loss of CNY 3,873,367.54 in the previous year[30] Cash Flow - Cash flow from operating activities showed a significant decline of 272.57%, resulting in a net cash outflow of CNY -155,872,971.55[7] - The net cash flow from operating activities was -155,872,971.55 RMB, a decrease compared to 90,322,510.67 RMB in the previous period, indicating a significant decline in operational performance[35] - Cash inflow from operating activities totaled 1,658,707,638.14 RMB, down from 2,087,882,048.16 RMB, highlighting a decline in revenue generation[35] - Total cash inflow from financing activities was 635,204,758.37 RMB, down from 810,167,206.16 RMB in the previous period, reflecting reduced borrowing activities[36] - The net cash flow from investing activities was -23,033,764.45 RMB, worsening from -15,756,202.46 RMB in the previous period, indicating increased investment outflows[35] - The company reported a net increase in cash and cash equivalents of -106,155,018.72 RMB, compared to -161,845,896.86 RMB in the previous period, suggesting a slight improvement in cash management[36] Assets and Liabilities - Total assets decreased by 6.64% to CNY 9,750,407,855.28 compared to the end of the previous year[7] - Total current assets decreased from ¥8,323,903,636.17 to ¥7,641,665,149.22, reflecting a decline in cash and inventory[21] - The company's cash and cash equivalents decreased to ¥880,155,519.90 from ¥996,809,243.39[21] - Current liabilities due within one year rose by 66.55% to ¥300,327,270.00 as a result of the reclassification of long-term borrowings[13] - Long-term borrowings decreased by 97.29% to ¥3,351,553.88 due to the same reclassification[13] - Total liabilities increased significantly due to the reclassification of long-term debt and increased interest payable[13] - Owner's equity totaled CNY 2,504,718,930.00, a slight decrease from CNY 2,518,742,020.63 at the beginning of the year[26] Shareholder Information - The total number of shareholders reached 141,095 at the end of the reporting period[11] - The largest shareholder, Jinggong Holding Group Co., Ltd., holds 24.17% of the shares[11] Other Income and Expenses - The company reported non-operating income of CNY 4,829,850.48, primarily from government subsidies and other non-recurring gains[9] - The company's interest payable increased by 49.33% to ¥24,395,243.51 due to increased interest accrual on corporate bonds[13] - Investment income showed a significant decline of 265.53%, resulting in a loss of ¥4,850,152.65 primarily due to losses from associated enterprises[14] - Operating income from non-operating activities increased by 127.58% to ¥4,517,907.50, mainly due to increased government subsidies[14] - The company reported investment losses of CNY -4,850,152.65 in Q1 2016, compared to losses of CNY -1,326,898.36 in the previous year[30] - The company reported a decrease in financial expenses to CNY 32,386,578.76 in Q1 2016 from CNY 35,774,335.64 in Q1 2015[28] Strategic Outlook - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company plans to continue monitoring the progress of its strategic asset transfer agreements and related transactions[15]