SHCF(SH:600621)2018-04-19 16:00Financial Performance - Operating revenue decreased by 38.30% to CNY 300.58 million year-on-year[6] - Net profit attributable to shareholders increased by 100.51% to CNY 18.02 million compared to the previous year[6] - Basic earnings per share decreased by 60.00% to CNY 0.02 per share[6] - The company reported a net profit of CNY 3.39 million from non-recurring gains and losses[9] - Total revenue for Q1 2018 was CNY 300,583,951.05, a decrease of 38.3% compared to CNY 487,172,864.05 in the previous year[28] - Operating income was CNY 25,760,922.14, down 83.5% from CNY 155,963,347.74 year-over-year[28] - Net profit attributable to shareholders was CNY 21,412,982.03, a decline of 53.2% compared to CNY 45,777,676.92 in the same period last year[29] - The company reported a total comprehensive income of CNY -16,281,549.88 for the quarter, compared to CNY 53,550,177.95 in the previous year[29] Cash Flow - Net cash flow from operating activities was negative at CNY -661.49 million, a decrease of 286.42% compared to the same period last year[6] - Operating cash flow net amount decreased by CNY 1,016,331,785.69, a reduction of 286.42%, mainly due to increased lending and repurchase business scale[18] - Cash inflows from operating activities totaled CNY 1,634,995,300.79, slightly up from CNY 1,629,643,656.33 in Q1 2017[32] - The net cash outflow from operating activities was CNY 661,489,439.30, compared to a net inflow of CNY 354,842,346.39 in the previous year[33] - Cash inflow from financing activities amounted to $200,000,000.00, with no inflow recorded in the previous period[37] - Net cash flow from financing activities was positive at $197,241,666.67, contrasting with a negative $248,384,485.75 in the prior period[37] Assets and Liabilities - Total assets increased by 5.29% to CNY 18.30 billion compared to the end of the previous year[6] - Total liabilities as of March 31, 2018, amounted to CNY 11,417,791,139.21, compared to CNY 10,481,685,619.69 at the beginning of the year[24] - Total assets as of March 31, 2018, amounted to CNY 18,299,371,701.16, compared to CNY 17,379,547,731.52 at the beginning of the year[25] - Current assets totaled CNY 906,930,854.85, down 20.2% from CNY 1,137,644,987.27 at the start of the year[27] - Total liabilities decreased to CNY 650,509,694.57 from CNY 706,546,151.50, a reduction of 7.9%[28] Shareholder Information - The total number of shareholders reached 49,427[10] - The largest shareholder, Shanghai Yidian (Group) Co., Ltd., holds 27.49% of the shares[10] Expenses - Selling expenses decreased by CNY 3,625,722.99, a reduction of 69.73%, primarily due to the disposal of 5 subsidiaries from asset restructuring last year[17] - Management expenses decreased by CNY 12,078,441.43, a reduction of 52.70%, mainly attributed to the same asset restructuring[17] - Financial expenses decreased by CNY 28,322,187.96, a reduction of 180.16%, primarily due to reduced interest expenses and increased interest income from amortized unrecognized financing costs[17] Investment Income - Investment income increased by 73.26% to CNY 27,116,509.76 compared to the previous period[15] - Investment income for Q1 2018 was CNY 7,389,062.00, down from CNY 9,700,764.27 in Q1 2017, reflecting a decline in returns from joint ventures[30] - Cash received from investment returns increased to $2,755,619.18 from $2,300,000.00, marking a growth of about 20%[36]