FJDB(SH:600693)2017-04-28 16:00Financial Performance - Operating revenue for the period reached CNY 854,724,194.63, representing a 102.32% increase year-on-year[6] - Net profit attributable to shareholders was CNY 30,242,760.16, up 33.36% from the same period last year[6] - Basic earnings per share decreased by 33.27% to CNY 0.0337 from CNY 0.0505 in the previous year[6] - Operating revenue for Q1 2017 reached CNY 854.72 million, a 102.32% increase compared to CNY 422.46 million in the same period last year[15] - Net profit for Q1 2017 was ¥45,734,748.56, representing a 123.8% increase from ¥20,470,490.24 in Q1 2016[30] - Total revenue for Q1 2017 was ¥171,572,838.26, a decrease of 4.3% compared to ¥179,873,241.76 in the previous year[33] - Net profit for Q1 2017 was ¥5,928,821.16, down 52.8% from ¥12,556,325.01 in the same period last year[33] - Operating profit decreased to ¥4,772,767.14, a decline of 72.9% from ¥17,573,353.22 year-over-year[33] Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of CNY 58,411,517.85 compared to a positive inflow of CNY 2,759,119.22 in the previous year, a decrease of 2,217.03%[6] - The net cash flow from operating activities was negative CNY 58.41 million, a significant decrease from CNY 2.76 million in the previous year, attributed to reduced retail income and increased cash outflow from supply chain trade[16] - Cash flow from operating activities was negative at -¥58,411,517.85, compared to a positive cash flow of ¥2,759,119.22 in Q1 2016[34] - Cash inflow from operating activities totaled ¥1,139,875,782.11, while cash outflow was ¥1,198,287,299.96, indicating a significant cash outflow[34] - The net cash flow from operating activities was -264,492,384.76 RMB, a significant decline compared to the previous period's net cash flow of 102,936,544.53 RMB[37] - Total cash inflow from operating activities was 371,866,484.47 RMB, down from 492,994,310.34 RMB in the prior period, indicating a decrease of approximately 24.5%[37] - Cash outflow from operating activities increased to 636,358,869.23 RMB, compared to 390,057,765.81 RMB in the previous period, representing an increase of about 63.2%[37] Assets and Liabilities - Total assets increased by 6.42% to CNY 6,207,580,836.38 compared to the end of the previous year[6] - The total assets as of March 31, 2017, amounted to ¥3,845,793,587.62, compared to ¥3,576,853,714.72 at the beginning of the year, reflecting a growth of 7.5%[27] - Total liabilities increased to ¥1,967,178,517.48 in Q1 2017, up from ¥1,704,167,465.74 at the start of the year, marking a rise of 15.4%[28] - The company's long-term borrowings increased to CNY 893.80 million from CNY 833.72 million, indicating a rise in financing activities[24] - Short-term borrowings rose to ¥535,680,000.00, up from ¥380,500,000.00, reflecting an increase of 40.8%[27] Shareholder Information - The number of shareholders reached 11,741, indicating a stable shareholder base[9] - The largest shareholder, Fujian Fengqi Investment Co., Ltd., holds 45.62% of the shares, with a significant portion pledged[9] Government Support and Investments - The company received government subsidies amounting to CNY 3,370,599.90 related to its normal business operations[8] - Prepayments increased by 375.69% to CNY 34,812,000 compared to the previous period, indicating increased operational commitments[12] - The company plans to expand its logistics and warehousing business, which has already incurred a cash outflow of CNY 5.57 million during the reporting period[16] Investment Income - The company’s investment income dropped by 55.32% to CNY 0.38 million, due to reduced returns from capital preservation financial products[15] Employee Compensation - Employee compensation payable decreased by 54.20% to CNY 7.95 million, reflecting the distribution of year-end performance bonuses during the reporting period[15]