WFDSJ(SH:601010)2018-04-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 6.49% to CNY 84,637,038.26 year-on-year[6] - Operating revenue decreased by 2.79% to CNY 1,988,326,215.32 compared to the same period last year[6] - The basic earnings per share remained unchanged at CNY 0.05[6] - The net profit excluding non-recurring gains and losses decreased by 11.30% to CNY 81,035,687.29[6] - Total operating revenue for Q1 2018 was CNY 1,988,326,215.32, a decrease of 2.79% from CNY 2,045,361,594.42 in the same period last year[21] - Net profit for Q1 2018 was CNY 84,810,161.89, a decline of 6.67% compared to CNY 90,720,026.13 in Q1 2017[21] - The company recorded a total comprehensive income of CNY 84,810,161.89 for Q1 2018, compared to CNY 90,720,026.13 in Q1 2017[22] Cash Flow - Net cash flow from operating activities decreased by 20.03% to CNY 91,708,073.39[6] - The total cash inflow from operating activities for Q1 2018 was CNY 2,340,029,181.90, a decrease of 1.86% compared to CNY 2,384,623,804.22 in the same period last year[27] - The net cash flow from operating activities was CNY 91,708,073.39, down 20.00% from CNY 114,684,726.81 in Q1 2017[27] - Cash outflow for investing activities totaled CNY 208,582,675.40, an increase of 54.36% compared to CNY 135,026,609.81 in the previous year[27] - The net cash flow from investing activities was -CNY 175,186,967.67, worsening from -CNY 43,219,725.73 in Q1 2017[27] - The net cash flow from financing activities was -CNY 70,542,260.27, an improvement from -CNY 159,113,065.64 in the same quarter last year[28] Assets and Liabilities - Total assets decreased by 2.66% to CNY 6,334,135,018.52 compared to the end of the previous year[6] - Current assets decreased from CNY 1,942,827,087.16 to CNY 1,769,287,979.71, representing a decline of about 8.93%[16] - Total liabilities decreased from CNY 2,159,145,397.13 to CNY 1,900,865,284.09, a reduction of about 11.96%[17] - Current liabilities decreased from CNY 2,122,869,884.34 to CNY 1,865,022,832.24, a decline of approximately 12.16%[17] - Owner's equity increased from CNY 4,348,162,040.71 to CNY 4,433,269,734.43, an increase of about 1.96%[17] Shareholder Information - The number of shareholders reached 142,558 at the end of the reporting period[9] - Jiangsu Wenfeng Group Co., Ltd. holds 21.69% of the shares, making it the largest shareholder[9] Operational Metrics - Financial expenses decreased by 49.70% to 4,895,825.15, attributed to a reduction in interest expenses and bank fees[12] - Operating income from non-operating activities surged by 1130.43% to 5,014,181.85, mainly due to increased government subsidies[12] - The company reported a total sales revenue of CNY 2,274,546,218.29, a decrease of 2.31% from CNY 2,328,697,926.53 in the previous year[27] - The cash inflow from other operating activities increased to CNY 65,482,963.61, up 17.00% from CNY 55,925,877.69 in Q1 2017[27] - The cash outflow for employee payments rose to CNY 119,005,459.14, an increase of 16.67% compared to CNY 102,001,260.80 in the same period last year[27] Litigation and Impairment - The company has 738 ongoing litigation cases related to securities false statements, with a total claim amount of 75,848,442.89[14] - The company reported a 62.08% decrease in asset impairment losses, amounting to -913,747.50, reflecting improved management of receivables[12] Future Outlook - The company anticipates no significant changes in net profit compared to the previous year[14]