SHTD(SH:600647)2016-04-19 16:00Financial Performance - Operating revenue fell by 52.86% to CNY 16,514,970.00 year-on-year[6] - Net profit attributable to shareholders decreased by 74.61% to CNY 587,111.20 compared to the same period last year[6] - Total operating revenue for Q1 2016 was CNY 16,514,970, a decrease of 52.9% compared to CNY 35,031,197 in the same period last year[23] - Net profit for Q1 2016 was CNY 276,274.75, a decline of 85.3% from CNY 1,877,129.29 in Q1 2015[24] - The total profit for Q1 2016 was CNY 667,026.76, down 76.3% from CNY 2,808,545.14 in Q1 2015[24] - The company's gross profit margin for Q1 2016 was approximately 8.5%, compared to 23.5% in Q1 2015[24] - Basic and diluted earnings per share for Q1 2016 were CNY 0.0042, down from CNY 0.0166 in the previous year[25] - Other comprehensive income after tax for Q1 2016 was CNY -2,912,910.15, compared to CNY 10,836,764.04 in Q1 2015[25] Cash Flow and Investments - Cash flow from operating activities decreased by 123.92% to -CNY 3,004,318.94 year-on-year[6] - The net cash flow from operating activities was -3,004,318.94 RMB, compared to 12,558,783.81 RMB in the previous period, indicating a significant decline[31] - Total cash inflow from investment activities was 111,922,517.28 RMB, while cash outflow was 149,688,505.00 RMB, resulting in a net cash flow of -37,765,987.72 RMB[31] - Cash flow from financing activities showed a net outflow of -15,333,427.78 RMB, compared to -10,604,533.40 RMB in the previous period[32] - The company received 100,000,000.00 RMB from investment recoveries, down from 158,500,000.00 RMB in the previous period[31] - The cash outflow for investment activities included 149,600,000.00 RMB for investment payments, down from 173,500,000.00 RMB previously[33] - The company reported a net cash flow decrease of -56,103,734.44 RMB for the period, contrasting with a slight increase of 128,811.59 RMB in the previous period[32] Assets and Liabilities - Total assets decreased by 2.29% to CNY 532,090,844.77 compared to the end of the previous year[6] - Current assets totaled CNY 415,007,080.02, slightly down from CNY 423,671,190.27 at the start of the year, indicating a decrease of approximately 1.6%[16] - The company's cash and cash equivalents decreased by 33% compared to the beginning of the year due to investments in government bond reverse repurchase products[12] - Total liabilities decreased to CNY 226,109,435.91 from CNY 235,933,315.26, reflecting a reduction of approximately 4.0%[18] - The company's equity totaled CNY 305,981,408.86, down from CNY 308,618,044.26, indicating a decrease of about 0.9%[18] - Short-term borrowings decreased significantly from CNY 43,000,000.00 to CNY 28,000,000.00, a reduction of approximately 34.9%[17] - Accounts payable decreased slightly from CNY 3,314,691.07 to CNY 3,171,369.85, a decline of about 4.3%[17] - The total non-current assets amounted to CNY 117,083,764.75, down from CNY 120,880,169.25, reflecting a decrease of about 3.2%[17] Shareholder Information - The number of shareholders reached 10,489 at the end of the reporting period[9] Expenses and Income - Sales expenses decreased by 72% year-on-year, attributed to a decline in sales volume[12] - Investment income increased by 834% year-on-year, primarily due to returns from financial products[12] - The company reported an investment income of CNY 1,823,585.51 in Q1 2016, compared to CNY 195,152.41 in the same period last year[24] - The company experienced a significant increase in management expenses, which amounted to CNY 2,736,604.11 in Q1 2016, compared to CNY 3,799,369.12 in Q1 2015[24] - Cash received from sales of goods and services in Q1 2016 was CNY 15,065,959.73, a decrease of 64.6% from CNY 42,493,352.39 in Q1 2015[30] - Cash received from other operating activities was 2,360,827.79 RMB, compared to 5,333,661.63 RMB previously, reflecting a decrease[31]