CYG(SH:600525)2017-04-20 16:00Financial Performance - Operating revenue for the period was CNY 1,168,206,532, an increase of 4.60% year-on-year[7] - Net profit attributable to shareholders of the listed company was CNY 33,018,455.95, a decrease of 61.13% compared to the same period last year[7] - Basic earnings per share were CNY 0.0328, down 58.79% from the previous year[7] - The significant decline in net profit was mainly due to seasonal fluctuations in deliveries from Zhuhai Yuntaili Automation Equipment Co., Ltd.[8] - The company's net profit for Q1 2017 was not explicitly stated, but the increase in total revenue and costs indicates a potential shift in profitability[34] - The net profit for Q1 2017 was CNY 44,400,746.92, down from CNY 108,724,120.98 in the same period last year, representing a decline of 59.14%[35] - The total profit for Q1 2017 was CNY 62,000,940.60, compared to CNY 138,030,305.13 in the previous year, indicating a decrease of 55.06%[35] - The company's basic earnings per share for Q1 2017 was CNY 0.0328, down from CNY 0.0796 in the previous year, reflecting a decline of 58.83%[35] Cash Flow - The net cash flow from operating activities was CNY -257,987,115.51, a decline of 97.26% year-on-year[7] - The cash inflow from operating activities in Q1 2017 was CNY 1,496,859,931.75, an increase of 40.92% from CNY 1,062,417,254.50 in the previous year[38] - The cash inflow from operating activities was 18,197,546.52 RMB, down from 33,732,535.95 RMB, reflecting a decrease in sales and service revenue[40] - The net cash flow from investment activities was -399,002,783.57 RMB, worsening from -105,862,337.65 RMB in the previous period[40] - The cash flow from financing activities showed a net outflow of -189,442,520.20 RMB, contrasting with a net inflow of 294,028,952.70 RMB in the prior period[41] Assets and Liabilities - Total assets at the end of the reporting period were CNY 15,316,562,713, a decrease of 1.94% compared to the end of the previous year[7] - Current liabilities totaled CNY 5,223,599,048.96, a decrease of 15% from CNY 6,147,766,815.24 at the beginning of the year[28] - Non-current liabilities increased to CNY 2,387,308,675.91 from CNY 2,002,983,560.21, representing a rise of 19.2%[28] - Total assets as of March 31, 2017, were CNY 8,077,748,919.18, down from CNY 9,016,184,103.98, indicating a decrease of 10.4%[32] - The company's equity attributable to shareholders was CNY 7,289,729,896.24, an increase of 3.3% from CNY 7,054,920,224.45[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 32,689[12] - The top shareholder, Wu Qiquan, held 69,524,272 shares, representing 5.28% of the total shares[12] Expenses - Research and development expenses and employee compensation increased, contributing to the decline in net cash flow from operating activities[8] - Sales expenses rose due to the consolidation of Changyuan and Ying, impacting overall costs[16] - Management expenses increased due to the consolidation of Changyuan and Ying, along with rising R&D expenditures and personnel costs[16] - Financial expenses increased due to higher interest costs from external financing[16] Investment Activities - The company reported a significant increase in investment payments, totaling 681,085,000.00 RMB, compared to 108,200,000.00 RMB in the prior period[39] - Total cash inflow from investment activities was 1,075,115.26 RMB, while cash outflow was 856,091,010.21 RMB, resulting in a net cash flow of -855,015,894.95 RMB, significantly worse than -182,584,335.39 RMB previously[39]