AJ GROUP(SH:600643)2016-04-28 16:00Financial Performance - Operating income increased by 5.54% to CNY 94,099,612.64 compared to the same period last year[6] - Net profit attributable to shareholders increased by 6.71% to CNY 112,874,327.36 compared to the same period last year[6] - Basic and diluted earnings per share decreased by 11.11% to CNY 0.080 compared to the same period last year[6] - Total operating revenue for Q1 2016 was CNY 295,157,895.18, a decrease of 2.5% from CNY 302,365,990.32 in the same period last year[32] - Net profit for Q1 2016 was CNY 114,943,573.21, down 10.9% from CNY 128,995,017.77 in Q1 2015[33] - Total operating costs decreased to CNY 147,704,217.32, a reduction of 11.0% from CNY 165,938,547.48 in Q1 2015[33] - Investment income for the quarter was CNY 41,401,072.20, slightly down from CNY 42,566,606.36 year-on-year[33] - The company reported a total comprehensive income of CNY 106,716,623.64, down from CNY 188,636,811.76 in Q1 2015[34] Cash Flow - Cash flow from operating activities improved significantly, reaching CNY 808,988,803.33, compared to a loss of CNY 65,895,337.93 in the same period last year[6] - The net cash flow from operating activities for the current period is ¥808,988,803.33, a significant improvement compared to the previous period's net cash flow of -¥65,895,337.93[40] - Total cash inflow from operating activities amounted to ¥655,293,020.14, up from ¥367,088,113.63 in the previous period, indicating a 78.5% increase[40] - Cash inflow from investment activities reached ¥7,287,361,894.18, compared to ¥1,771,585,354.06 in the previous period, marking an increase of 311.5%[40] - The net cash flow from investment activities was ¥202,985,171.95, a recovery from the previous period's net outflow of -¥375,248,622.95[40] - Cash outflow from financing activities totaled ¥1,535,871,107.43, significantly higher than the previous period's outflow of ¥231,986,461.13[41] - The net cash flow from financing activities was -¥938,821,318.13, compared to a positive net flow of ¥487,213,538.87 in the previous period[41] Assets and Liabilities - Total assets decreased by 6.62% to CNY 10,018,000,960.70 compared to the end of the previous year[6] - The company's total liabilities decreased significantly, with accounts payable down to ¥111,602,769.95, a reduction of ¥131,063,862.18 or 54.01%[14] - Total liabilities decreased to ¥4,155,378,539.80 from ¥4,972,369,331.74, a decrease of approximately 16.4%[26] - Total current assets increased to ¥3,600,508,148.07 from ¥3,469,249,306.49, representing a growth of approximately 3.8%[24] - Total non-current assets decreased to ¥6,417,492,812.63 from ¥7,259,025,822.51, a reduction of about 11.6%[25] - Short-term borrowings decreased to ¥1,404,999,790.00 from ¥2,224,599,790.00, a decline of about 37%[25] - The company’s other payables increased to ¥435,196,260.22, an increase of ¥232,992,996.70 or 115.23%, mainly due to temporary project receipts from leasing companies[14] Shareholder Information - The total number of shareholders reached 120,427 at the end of the reporting period[10] - The largest shareholder, Shanghai Patriotic Construction Special Fund, holds 12.30% of the shares[10] Financial Assets and Investments - Financial assets measured at fair value increased by 64.83% to CNY 866,958,210.05 due to increased investment activities[13] - The company reported non-recurring gains of CNY 2,399,154.81 during the period[8] - The company plans to issue up to 245,261,984 shares to Shanghai Junyao Group Co., Ltd., with a subscription amount of ¥220,000 million[19] Impairment and Fair Value Changes - The company reported a significant decline in impairment losses, with a total of -¥9,793,606.52, a change of -¥13,901,543.81 or -338.41%, due to a decrease in loan project scale[15] - The fair value change of financial assets resulted in a loss of -¥17,968,010.81, a decrease of -¥22,874,766.33 or -466.19%, primarily due to a decline in the fair value of securities[15]