CJJG(SH:600496)2017-04-28 16:00Financial Performance - Operating revenue for the period was CNY 1,362,643,760.74, a decline of 2.03% year-on-year[6] - Net profit attributable to shareholders decreased by 35.53% to CNY 21,685,313.19 compared to the same period last year[6] - Basic earnings per share fell by 35.43% to CNY 0.0144[6] - The weighted average return on equity decreased by 0.38 percentage points to 0.57%[6] - Total operating revenue for Q1 2017 was CNY 1,362,643,760.74, a decrease of 2.35% compared to CNY 1,390,928,801.28 in the previous period[22] - Net profit for Q1 2017 was CNY 21,924,969.68, down from CNY 33,616,634.67 in Q1 2016, indicating a decrease of about 34.8%[23] - Operating profit for Q1 2017 was CNY 24,943,774.74, down from CNY 34,200,237.05 in Q1 2016, reflecting a decline of approximately 27.1%[23] - The total comprehensive income for Q1 2017 was CNY 30,062,550.23, compared to CNY 38,794,146.32 in the same quarter last year, a decrease of about 22.4%[24] - Basic and diluted earnings per share for Q1 2017 were both CNY 0.0144, down from CNY 0.0223 in Q1 2016, a decline of approximately 35.4%[24] Cash Flow and Assets - Cash flow from operating activities showed a significant decline of 90.49%, amounting to CNY -296,929,295.98[6] - Cash received from tax refunds increased by 2076.36% to ¥10,121,856.76 primarily from export tax rebates[10] - Cash flow from operating activities for Q1 2017 was CNY 1,748,436,255.47, an increase from CNY 1,624,968,787.95 in the same period last year[27] - Net cash flow from operating activities was -¥296,929,295.98, compared to -¥155,872,971.55 in the prior year[28] - Cash outflow for debt repayment was ¥248,935,067.62, compared to ¥538,926,235.49 in the prior year[28] - Total cash inflow from operating activities was ¥231,679,964.87, down from ¥335,793,288.51 in the previous period[29] - The ending cash and cash equivalents balance was ¥602,066,774.70, down from ¥681,494,635.04 in the previous period[29] Assets and Liabilities - Total assets decreased by 5.76% to CNY 10,033,436,649.17 compared to the end of the previous year[6] - Total liabilities decreased to CNY 6,233,936,807.05 from CNY 6,877,671,701.78, representing a reduction of about 9.36%[17] - Current liabilities totaled CNY 5,343,045,975.18, down from CNY 6,036,811,737.10, indicating a decrease of approximately 11.48%[17] - Non-current liabilities totaled CNY 890,890,831.87, an increase from CNY 840,859,964.68, reflecting a rise of about 5.94%[17] - Owner's equity increased to CNY 3,799,499,842.12 from CNY 3,769,376,945.54, showing a growth of approximately 0.80%[17] - Total current assets decreased from ¥7,693,991,983.09 to ¥7,042,593,230.29[15] Shareholder Information - The total number of shareholders reached 130,230 by the end of the reporting period[8] - The largest shareholder, Jinggong Holding Group Co., Ltd., holds 24.17% of the shares, totaling 365,069,604 shares[8] Other Financial Metrics - The company reported non-recurring gains of CNY 553,742.67 for the period[7] - Investment income surged by 427.23% to ¥15,871,159.54 driven by profits from joint ventures[10] - Tax and surcharges dropped by 58.74% to ¥8,901,430.42 mainly due to the impact of tax reform policies[10] - Employee compensation payable decreased by 34.18% to ¥49,103,779.34 as a result of year-end salary adjustments[10] - Accounts receivable decreased by 30.17% to ¥93,229,720.29 due to reduced project payment settlements[10] - Prepayments increased by 53.59% to ¥448,762,093.26 primarily due to payments for material procurement[10] - Other current assets rose by 125.62% to ¥42,510,948.60 mainly due to tax credits[10] - The company has not disclosed any new product developments or market expansion strategies in this report[6]