GHWL(SH:600603)2018-04-20 16:00Financial Performance - Operating revenue rose by 127.11% to CNY 297.43 million year-on-year[6] - Net profit attributable to shareholders increased by 64.06% to CNY 99.16 million compared to the same period last year[6] - The company reported a net profit of CNY 97.59 million after deducting non-recurring items, reflecting a 59.83% increase year-on-year[6] - Total operating revenue for the current period reached ¥297,431,833.13, a significant increase from ¥130,963,579.56 in the previous period, representing a growth of approximately 127%[29] - Operating profit for the current period was ¥138,716,762.49, compared to ¥75,708,622.87 in the previous period, reflecting a growth of approximately 83%[30] - Net profit for the current period was ¥103,349,344.00, an increase from ¥60,439,346.13, which is a growth of around 71%[30] - The total comprehensive income for the current period was ¥103,349,344.00, compared to ¥60,439,346.13 in the previous period, reflecting a growth of approximately 71%[31] Cash Flow - Net cash flow from operating activities improved significantly, reaching CNY 19.26 million, a turnaround from a loss of CNY 452.40 million in the previous year[6] - Cash flow from operating activities showed a net inflow of RMB 19,256,691.25, a significant recovery from a net outflow of RMB -452,403,152.40 in the previous year[15] - Cash flow from operating activities was ¥650,362,028.95, compared to ¥226,946,043.14 in the previous period, showing an increase of approximately 187%[34] - The net cash flow from operating activities for Q1 2018 was ¥19,256,691.25, a significant improvement compared to a net outflow of ¥452,403,152.40 in the same period last year[35] - Total cash inflow from investment activities was ¥125,981,909.36, while cash outflow was ¥510,559,034.61, resulting in a net cash flow from investment activities of -¥384,577,125.25[35] - The net cash flow from financing activities was -¥13,089,222.31, compared to a net inflow of ¥442,906,939.36 in the previous year[36] - The net increase in cash and cash equivalents for the quarter was -¥378,409,656.31, compared to -¥6,070,983.02 in the same period last year[36] Assets and Liabilities - Total assets increased by 2.79% to CNY 9.69 billion compared to the end of the previous year[6] - The company's total assets decreased by 43.55% in cash and cash equivalents, from RMB 868,937,382.98 at the beginning of the year to RMB 490,530,746.84[14] - Total liabilities rose to ¥3,740,573,523.88 from ¥3,580,981,439.57, reflecting an increase of approximately 4.46%[21] - Current liabilities totaled ¥1,751,632,657.74, compared to ¥1,595,190,483.58, marking an increase of about 9.81%[21] - Owner's equity increased to ¥5,949,231,380.31 from ¥5,845,882,036.31, which is an increase of approximately 1.77%[22] - The total liabilities to equity ratio improved slightly, reflecting a more favorable financial leverage position for the company[21] Shareholder Information - The total number of shareholders reached 27,852 at the end of the reporting period[11] - The largest shareholder, Xinjiang Guanghui Industrial Investment Group, holds 43.99% of the shares, with 386.58 million shares pledged[11] Other Financial Metrics - The weighted average return on equity increased by 0.43 percentage points to 1.69%[6] - Basic and diluted earnings per share decreased by 8.33% to CNY 0.11[6] - Non-recurring gains and losses totaled CNY 1.57 million for the period[9] - The company recorded investment income of ¥8,133,490.52, up from ¥6,698,887.34, indicating an increase of about 21%[30] - Tax expenses for the current period were ¥33,231,837.01, compared to ¥13,319,783.70 in the previous period, which is an increase of approximately 150%[30] Operational Changes - The company has approved changes to its fundraising projects, including the termination of the "Community Internet Comprehensive Service Platform Project" and reallocating funds to supplement working capital[15] - The company is currently in the process of issuing asset-backed securities (ABS) totaling up to RMB 1.6 billion[16]