YBTI(SH:600883)2018-04-27 16:00Financial Performance - Operating revenue for the period was ¥12,235,055.32, representing a significant increase of 119.56% year-on-year[7]. - Net profit attributable to shareholders was ¥1,951,861.66, a decrease of 94.94% compared to the same period last year[7]. - Basic earnings per share decreased by 94.92% to ¥0.0083 from ¥0.1633 in the previous year[7]. - The total comprehensive income for Q1 2018 was ¥2,399,151.54, down 91.77% from ¥29,146,150.43 in the same quarter last year[15]. - The company's investment income was ¥5,048,935.36, a substantial drop from ¥39,495,970.67, marking a decline of around 87%[33]. - The total profit for the current period was ¥1,951,861.66, compared to ¥35,960,536.52 in the previous period, a decline of approximately 94%[33]. - The company reported an operating profit of ¥2,041,791.66, down from ¥35,935,500.48, indicating a decrease of about 94%[33]. Cash Flow - The net cash flow from operating activities was negative at -¥582,759.98, a decline of 123.06% year-on-year[7]. - Cash inflow from sales of goods and services reached ¥15,098,470.10, a significant increase from ¥8,079,542.80 in the previous period, representing an increase of approximately 86.5%[40]. - Total cash inflow from operating activities was ¥16,151,891.30, compared to ¥9,045,523.71 in the previous period, reflecting an increase of about 78.5%[40]. - Total cash outflow from operating activities was ¥16,734,651.28, significantly higher than ¥6,518,757.56 in the prior period, indicating an increase of approximately 156.5%[40]. - The company reported a cash increase of ¥287,029.86 for the period, compared to a much larger increase of ¥63,472,850.52 in the previous period[41]. - The company’s cash flow from operating activities showed a net outflow for the current period, contrasting with a net inflow in the previous period, highlighting a shift in operational cash generation[40]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥710,903,993.47, a 0.51% increase compared to the previous year[7]. - Current assets decreased slightly to CNY 391,283,584.71 from CNY 392,909,615.83, a decline of about 0.41%[24]. - Total liabilities decreased to CNY 46,361,533.84 from CNY 46,540,230.96, a decline of about 0.39%[26]. - Owner's equity increased to CNY 664,542,459.63 from CNY 660,751,052.09, reflecting a growth of approximately 0.43%[26]. - The total number of shareholders at the end of the reporting period was 14,775[10]. Operational Efficiency - The company reported a significant decrease in net profit due to a drop in operational efficiency and increased costs[12]. - Operating costs also rose to ¥12,509,957.54, reflecting a 140.73% increase from ¥5,196,642.44 in the same period last year[14]. - The management reported a significant increase in sales expenses to ¥378,775.51 from ¥246,567.17, an increase of about 53%[33]. Investments - The company plans to establish a wholly-owned subsidiary with a registered capital of 10 million RMB for hospital investment and management[19]. - The company signed a power supply contract with Yunnan Baoshan Electric Power Co., Ltd., with a transaction amount of 1,078,888.88 RMB during the reporting period[17]. - The company engaged in reverse repurchase investments, generating an investment income of 530,799.42 RMB, with an ending investment balance of 0 RMB[18]. - The investment income from associates and joint ventures increased by 32.49% to ¥3,879,875.68, compared to ¥2,928,446.47 in the previous year[14]. Other Financial Metrics - The weighted average return on net assets dropped to 0.295%, down 5.396 percentage points from the previous year[7]. - Non-recurring gains and losses for the period totaled ¥787,856.96, primarily from government subsidies and investment income[9]. - The company achieved a fair value change loss of ¥72,177.56, contrasting with a gain of ¥17,411.96 in the previous period[33].