Tstc(SH:600552)2018-04-27 16:00Financial Performance - Operating revenue decreased by 20.76% to CNY 581,898,614.64 year-on-year[6] - Net profit attributable to shareholders increased by 15.36% to CNY 13,828,205.56 compared to the same period last year[6] - Operating profit was reported at CNY -2,706.34, primarily due to decreased revenue and increased financial expenses[12] - Total operating revenue for Q1 2018 was ¥581,898,614.64, a decrease of 20.7% compared to ¥734,308,924.02 in the same period last year[26] - Net profit for Q1 2018 was ¥14,786,204.81, slightly down from ¥15,138,571.04 in the previous year, representing a decrease of 2.3%[27] - The company reported a gross profit margin of approximately -5.0% for Q1 2018, compared to a positive margin in the previous year[27] - The company achieved an operating profit of -¥27,063,391.04 in Q1 2018, compared to a profit of ¥13,832,919.87 in the same period last year, indicating a decline in operational performance[27] - The total profit for Q1 2018 was CNY 13,063,390.61, compared to a loss of CNY -11,630,154.87 in the same period last year[32] Cash Flow - Cash flow from operating activities decreased significantly by 80.01% to CNY 11,909,917.44[6] - The net cash flow from operating activities decreased by 80.01% to ¥1,190.99 million compared to the previous period, primarily due to a reduction in cash received from sales of goods and services[14] - Cash inflow from operating activities was CNY 731,143,733.09, down 16.7% from CNY 877,189,707.46 in the previous year[35] - Net cash flow from operating activities was CNY 11,909,917.44, a significant decrease of 80% compared to CNY 59,578,445.28 in Q1 2017[35] - The company's cash flow from operating activities was impacted by a significant increase in payments to employees, totaling CNY 108,128,461.62, compared to CNY 100,801,290.76 in the previous year[35] Assets and Liabilities - Total assets increased by 1.00% to CNY 5,318,966,727.14 compared to the end of the previous year[6] - Current assets totaled ¥3,290.61 million, up from ¥3,219.45 million, indicating an increase in liquidity[18] - The total liabilities increased to ¥2,778.09 million from ¥2,737.04 million, indicating a rise in the company's obligations[20] - Total liabilities increased to ¥1,166,036,278.95 in Q1 2018, compared to ¥1,121,592,012.94 in the same period last year, marking a rise of 4.0%[24] - The total equity increased slightly to ¥2,540.87 million from ¥2,529.36 million, showing a modest growth in shareholder equity[20] - The company's total equity stood at ¥1,714,113,985.48, a slight decrease from ¥1,716,979,743.72 year-over-year[24] Financial Expenses and Subsidies - Financial expenses rose by 58.49% to CNY 3,036.68 due to increased borrowing costs[12] - The company reported a significant increase in financial expenses, which rose to ¥30,366,848.78 from ¥19,160,682.47, reflecting a rise of 58.5%[27] - Government subsidies recognized in the current period amounted to CNY 45,215,638.50[8] Shareholder Information - The number of shareholders reached 28,453 at the end of the reporting period[9] - Basic earnings per share for Q1 2018 were ¥0.0180, up from ¥0.0156 in the previous year, indicating a growth of 15.4%[28] Investment Activities - The total cash inflow from investment activities decreased by 88.38% to ¥702.81 million, mainly due to a reduction in cash received from the recovery of investments[14] - Cash outflow for investments decreased by 48.94% to ¥4,690.92 million, reflecting a decrease in cash paid for investment activities[14] - Cash outflow from investing activities totaled CNY 46,909,204.43, compared to CNY 91,862,550.82 in the previous year, indicating a reduction of 48.9%[36]