HNA Technology(SH:600751)2017-04-28 16:00Financial Performance - Net profit attributable to shareholders was CNY -15,794 thousand, a decrease of 199.27% year-on-year[6] - The company reported a net loss attributable to shareholders of RMB -15,794 thousand for Q1 2017, a decline of 199% compared to a profit of RMB 15,910 thousand in the same period last year[15] - The net profit for Q1 2017 was a loss of CNY 37,382 thousand, contrasting with a profit of CNY 9,154 thousand in Q1 2016, marking a decline of approximately 509%[28] - The operating profit for Q1 2017 was a loss of CNY 283,359 thousand, compared to a profit of CNY 15,678 thousand in Q1 2016, indicating a decline of around 1,806%[28] Revenue and Costs - Operating revenue increased significantly by 11,371.75% to CNY 71,727,492 thousand compared to the same period last year[6] - The company's operating revenue for Q1 2017 reached RMB 71,727,492 thousand, a significant increase of 11,372% compared to the previous year due to the consolidation of the large subsidiary Ingram[15] - The total operating revenue for Q1 2017 was CNY 71,727,492 thousand, a significant increase from CNY 625,253 thousand in the same period last year, representing a growth of approximately 11,469%[27] - Operating costs for the same period were RMB 67,113,557 thousand, reflecting a 10,790% increase, also attributed to the inclusion of Ingram's financials[15] - The total operating costs for Q1 2017 were CNY 71,982,963 thousand, compared to CNY 650,265 thousand in the previous year, indicating a rise of about 11,059%[27] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -3,058,045 thousand, compared to CNY -553,654 thousand in the previous year[6] - The company's cash flow from operating activities was RMB 78,233,590 thousand, marking a 75,201% increase year-over-year due to the consolidation of Ingram[16] - The cash flow from operating activities for Q1 2017 was CNY 78,233,590 thousand, a substantial increase from CNY 103,895 thousand in the same period last year[32] - The net cash flow from operating activities was -3,058,045, indicating a decrease compared to the previous period[33] - Total cash inflow from operating activities was 84,955,657, while cash outflow was 88,013,702, resulting in a net cash flow deficit[33] Assets and Liabilities - Total assets decreased by 6.72% to CNY 110,037,477 thousand compared to the end of the previous year[6] - The company's total liabilities decreased by 7.96% to CNY 92,872,318 thousand compared to the end of the previous year[6] - The asset-liability ratio improved to 84.40%, a decrease of 1.13 percentage points from the previous year[6] - The total liabilities were CNY 92,872,318 thousand, reduced from CNY 100,900,506 thousand, representing a decline of approximately 8%[22] - The company's current assets totaled CNY 77,912,669 thousand, down from CNY 85,834,786 thousand, indicating a decrease of about 9.5%[21] Shareholder Information - The number of shareholders at the end of the reporting period was 79,756[11] - The top shareholder, HNA Logistics Group Co., Ltd., held 20.76% of the shares, totaling 602,006,689 shares[11] Equity and Earnings Per Share - Basic and diluted earnings per share were both CNY -0.0054, a decrease of 198.18% year-on-year[8] - The company's equity attributable to shareholders was CNY 12,847,829 thousand, slightly up from CNY 12,769,812 thousand, showing an increase of about 0.6%[23] - The total equity for the company reached CNY 12,323,258 thousand in Q1 2017, slightly up from CNY 12,297,410 thousand in the same period last year, showing an increase of approximately 0.2%[26] Investment Activities - The company did not report any cash recovery from investment activities in Q1 2017, a 100% decrease compared to RMB 3,009,000 thousand in the previous year[16] - The company received 3,009,000 from investment recoveries, contributing to cash inflow from investment activities[37] - The company paid 4,009,000 for investment activities, indicating significant capital expenditure[37]