DHCT(SH:600844)2016-04-29 16:00Financial Performance - Operating revenue decreased by 34.47% to CNY 157,862,578.23 from CNY 240,883,763.26 year-on-year[6] - Net profit attributable to shareholders decreased significantly by 1,315.12% to CNY -35,626,658.80 from CNY -2,517,576.63 year-on-year[6] - The net loss for Q1 2016 was ¥63,406,339.53, compared to a net loss of ¥1,415,486.53 in Q1 2015, indicating a significant increase in losses[27] - The operating profit for Q1 2016 was -¥65,150,450.48, compared to -¥2,624,754.02 in the previous year, showing a worsening operational performance[27] - Basic and diluted earnings per share for Q1 2016 were both -¥0.0447, compared to -¥0.0026 in the same quarter last year[28] Cash Flow - Cash flow from operating activities dropped by 73.84% to CNY 5,782,989.50 compared to CNY 22,109,521.77 in the same period last year[6] - Net cash flow from operating activities dropped by 73.84% to ¥5,782,989.50 from ¥22,109,521.77 year-on-year[13] - Net cash flow from investing activities decreased by 134.90% to -¥78,243,305.70, reflecting increased capital expenditures in technical upgrades[13] - Net cash flow from financing activities increased by 370.77% to ¥123,550,663.72 from ¥26,244,244.89 year-on-year[13] - The cash inflow from operating activities was CNY 205,283,326.20, a decrease of 34.9% compared to CNY 315,508,499.47 in the previous period[33] - The cash outflow from investing activities totaled CNY 78,243,305.70, compared to CNY 33,393,949.11 in the previous period, indicating a significant increase in investment spending[33] - The net cash flow from financing activities was CNY 123,550,663.72, a substantial increase from CNY 26,244,244.89 in the previous year, reflecting increased borrowing[34] - The company reported a net cash increase of CNY 51,090,347.52, compared to CNY 15,045,048.21 in the previous year, reflecting better cash management overall[34] Assets and Liabilities - Total assets increased by 2.29% to CNY 3,135,518,752.75 compared to the end of the previous year[6] - The company reported a significant decrease in accounts receivable by 75% to CNY 800,000.00[9] - Current liabilities decreased to ¥208,593,684.27 from ¥267,105,544.21, a reduction of 22%[24] - Long-term borrowings increased significantly to ¥300,000,000.00 from ¥50,000,000.00, indicating a shift in financing strategy[24] - Total liabilities for Q1 2016 were ¥508,593,684.27, up from ¥317,105,544.21 in the previous year, reflecting a rise of 60.4%[24] Shareholder Information - The number of shareholders reached 59,733, with the largest shareholder holding 22.65% of the shares[7] - The company reported an accumulated deficit of ¥848,915,260.16 in retained earnings[20] Other Financial Metrics - The weighted average return on net assets decreased by 4.11 percentage points to -4.35%[6] - Other income rose by 68.80% to ¥1,724,606.34, primarily due to government subsidies received by the subsidiary[12] - Total operating costs for Q1 2016 were ¥223,013,028.71, down from ¥243,593,747.94 year-over-year, reflecting a reduction of 8.5%[26] - Owner's equity totaled ¥1,072,082,917.16 in Q1 2016, slightly down from ¥1,072,866,966.82 year-over-year[24] - The total cash and cash equivalents at the end of the period reached CNY 230,922,456.99, up from CNY 125,641,551.75 in the previous year, marking an increase of 83.7%[34]