NCI(SH:601336)2016-04-29 16:00Financial Performance - Net profit attributable to shareholders decreased by 45.0% to RMB 1,994 million, down from RMB 3,624 million in the same period last year[5]. - Operating revenue fell by 16.6% to RMB 55,267 million, compared to RMB 66,256 million in the previous year[5]. - The company's investment income decreased by 36.0% to RMB 9,284 million, impacted by downward fluctuations in the capital market[21]. - The company reported a total comprehensive income of RMB (594) million for the three months ended March 31, 2016, compared to RMB 5,582 million in 2015[31]. - The company’s insurance business income for the three months ended March 31, 2016, was RMB 46,575 million, down from RMB 51,997 million in 2015[31]. - The basic and diluted earnings per share for the three months ended March 31, 2016, were RMB 0.64, compared to RMB 1.16 for the same period in 2015[31]. Assets and Liabilities - Total assets increased by 0.6% to RMB 664,676 million compared to the end of the previous year[5]. - The total liabilities as of March 31, 2016, amounted to RMB 607,429 million, slightly up from RMB 602,719 million at the end of 2015[30]. - The total equity attributable to shareholders of the parent company was RMB 57,241 million as of March 31, 2016, down from RMB 57,835 million at the end of 2015[30]. - The company’s total liabilities and equity as of March 31, 2016, were RMB 664,676 million, compared to RMB 660,560 million at the end of 2015[30]. Cash Flow - The net cash flow from operating activities decreased by 16.4% to RMB 4,825 million, down from RMB 5,773 million in the same period last year[5]. - Total cash inflow from operating activities decreased to RMB 45,034 million in Q1 2016 from RMB 50,273 million in Q1 2015, a decline of approximately 10.5%[32]. - Cash inflow from investment activities dropped significantly to RMB 77,416 million in Q1 2016 compared to RMB 165,830 million in Q1 2015, a decline of approximately 53.3%[32]. - The total cash and cash equivalents at the end of Q1 2016 stood at RMB 14,610 million, down from RMB 16,176 million at the end of Q1 2015[32]. - The net increase in cash and cash equivalents for Q1 2016 was RMB 706 million, compared to RMB 1,673 million in Q1 2015, indicating a decrease of approximately 57.9%[32]. Insurance Business - Insurance business income decreased by 10.4% to RMB 46,575 million from RMB 51,997 million year-on-year[9]. - The first-year premium income through the insurance marketing agent channel increased by 51.3% to RMB 5,582 million[12]. - The company reported a 30.6% decrease in policyholder benefits to RMB 21,294 million, resulting from product structure adjustments[22]. - The company received RMB 42,828 million in cash from original insurance contract premiums in Q1 2016, a decrease from RMB 48,672 million in Q1 2015, representing a decline of about 12.1%[32]. Investments - The annualized total investment return rate for the year-to-date is 6.0%[10]. - The company's financial assets measured at fair value increased by 52.2% to RMB 20,734 million as of March 31, 2016, compared to RMB 13,625 million at the end of 2015[20]. - The company's buyback financial assets surged by 515.4% to RMB 560 million, driven by daily liquidity management needs[20]. - The company's deferred income tax assets increased significantly by 1433.3% to RMB 92 million, reflecting reduced floating profits from available-for-sale financial assets amid market volatility[21].