SHSTC(SH:600620)2018-04-26 16:00Financial Performance - Operating revenue for the period was ¥12,463,761.37, representing a decrease of 1.45% year-on-year[6]. - Net profit attributable to shareholders of the listed company was a loss of ¥4,269,046.31, an improvement from a loss of ¥5,651,975.91 in the same period last year[6]. - Basic and diluted earnings per share were both -¥0.0062, compared to -¥0.0082 in the same period last year[6]. - Total operating revenue for Q1 2018 was CNY 12,463,761.37, a decrease of 1.45% from CNY 12,646,508.37 in the same period last year[25]. - Operating profit for Q1 2018 was a loss of CNY 1,451,201.84, compared to a loss of CNY 685,839.25 in Q1 2017[28]. - Net profit for Q1 2018 was a loss of CNY 1,451,084.84, worsening from a loss of CNY 685,766.25 in the previous year[28]. - Comprehensive income totalled CNY 18,873,631.99, compared to CNY -160,164,585.30 in the same period last year[27]. - Total comprehensive income for Q1 2018 was CNY 22,073,501.03, a significant improvement from a loss of CNY 154,679,132.37 in Q1 2017[29]. Cash Flow - The net cash flow from operating activities was a negative ¥2,740,326.34, compared to a negative ¥19,037,172.22 in the previous year, indicating a significant improvement[6]. - Cash flow from operating activities for Q1 2018 was a net outflow of CNY 2,740,326.34, compared to a net outflow of CNY 19,037,172.22 in the same period last year[32]. - The company achieved cash inflow from operating activities of CNY 17,183,554.81, an increase from CNY 14,477,707.28 in Q1 2017[31]. - Cash flow from investing activities for Q1 2018 was a net inflow of CNY 2,811,399.45, down from CNY 6,226,767.00 in Q1 2017[32]. - The net cash increase in cash and cash equivalents for the first quarter was -3,271,968.63, compared to -6,006,023.13 in the previous year[35]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,992,629,469.15, an increase of 0.91% compared to the end of the previous year[6]. - Total assets as of March 31, 2018, amounted to 2,992,629,469.15 RMB, compared to 2,965,530,660.72 RMB at the beginning of the year[17]. - Current liabilities totaled 55,839,397.79 RMB, slightly up from 55,455,749.98 RMB at the beginning of the year[18]. - The company's total non-current liabilities were 514,211,316.69 RMB, compared to 506,369,788.06 RMB at the beginning of the year[18]. - Total liabilities amounted to CNY 791,251,342.78, slightly up from CNY 784,225,955.75 at the start of the year[22]. Shareholder Information - The total number of shareholders at the end of the reporting period was 23,351[10]. - The largest shareholder, Shanghai Zhongsheng Hongqiao Enterprise Management Co., Ltd., held 25.08% of the shares[10]. Tax and Expenses - Tax and additional charges increased by 1,240,964.99 RMB, a surge of 3,936.71% year-on-year, mainly due to an increase in property tax and other taxes[13]. - The company's management expenses for Q1 2018 were CNY 5,466,595.04, up from CNY 4,914,637.36 in the previous year[28]. Other Financial Metrics - The weighted average return on net assets was -0.17%, an improvement from -0.22% year-on-year[6]. - The company reported non-recurring gains and losses of ¥1,007,093.43 for the period[8]. - The company's employee compensation payable decreased by 1,880,045.92 RMB, a reduction of 57.32% compared to the beginning of the year, primarily due to the payment of 2017 year-end bonuses[12]. - The company reported a decrease in accounts receivable from 407,171.15 RMB to 370,800.10 RMB, indicating improved collection efficiency[17]. - Cash and cash equivalents were CNY 210,982,685.04, down from CNY 214,254,653.67 at the beginning of the year[20]. - The company's cash and cash equivalents stood at 260,825,121.14 RMB, showing a marginal increase from 260,754,583.87 RMB at the beginning of the year[16].