CCSC(SH:601375)2018-04-24 16:00Financial Performance - Operating revenue for the first quarter reached CNY 450.52 million, a 6.43% increase year-on-year[6] - Net profit attributable to shareholders was CNY 101.80 million, reflecting a 1.75% increase from the same period last year[6] - The total operating revenue for Q1 2018 was CNY 450,521,007.06, an increase of 6.4% compared to CNY 423,313,455.04 in the previous year[26] - Net profit for Q1 2018 reached CNY 120,323,750.72, up from CNY 114,787,064.19 in the same period last year, reflecting a growth of 4.6%[26] - The total comprehensive income for the period was CNY 84,346,680.95, compared to CNY 76,024,956.81 in the previous year, indicating an increase of approximately 10.5%[27] - The company's net profit attributable to shareholders reached CNY 101,801,687.30, a slight increase from CNY 100,047,305.09 in the previous period, reflecting a growth of approximately 1.75%[27] Asset Management - Total assets increased by 3.65% to CNY 42.15 billion compared to the end of the previous year[6] - The company reported a significant increase in receivables, up 49.64% to CNY 150.32 million, primarily due to increased bond repayment receivables[10] - The company’s long-term equity investments rose by 33.49% to CNY 675.54 million, attributed to increased investments by subsidiaries[10] - The total assets as of March 31, 2018, amounted to CNY 37,548,452,309.25, compared to CNY 35,947,844,121.90 at the beginning of the year, indicating a growth of 4.5%[25] - The company's total assets increased to ¥42,147,805,310.21 from ¥40,662,897,615.53 at the beginning of the year[21] Cash Flow - Cash flow from operating activities showed an improvement, with a net outflow of CNY 398.61 million compared to a net outflow of CNY 2.42 billion in the previous year[6] - Cash generated from operating activities was -¥398,605,694.96, showing an improvement compared to -¥2,418,805,617.99 in the previous period[11] - The net cash flow from operating activities was negative at CNY -398,605,694.96, an improvement from CNY -2,418,805,617.99 in the previous year[33] - The net cash flow from operating activities for Q1 2018 was ¥136,971,845.30, a significant improvement compared to a net outflow of ¥2,267,020,120.07 in the same period last year[37] - Total cash inflow from operating activities reached ¥1,971,263,528.98, while cash outflow was ¥1,834,291,683.68, resulting in a net cash flow of ¥136,971,845.30[37] Shareholder Information - The number of shareholders reached 138,025, with the top ten shareholders holding a combined 95.53% of shares[7] - As of the report date, the company has repurchased 6,188,000 H-shares, accounting for 0.495% of total H-share capital, with a total expenditure of ¥19,407,620[15] Investment Income - Investment income increased by 35.66% to CNY 100.96 million, driven by gains from financial asset disposals[10] - The investment income for the quarter was CNY 100,963,907.47, which is a significant increase of 35.5% from CNY 74,424,255.94 in the previous year[26] - Investment income decreased to CNY 51,458,043.06 from CNY 75,312,834.45, reflecting a decline of approximately 31.7%[30] Liabilities and Equity - The total liabilities increased to CNY 27,420,505,643.07 from CNY 25,881,640,782.54, representing a rise of 5.9%[25] - The equity attributable to shareholders reached CNY 10,127,946,666.18, compared to CNY 10,066,203,339.36 at the start of the year, showing an increase of 0.6%[25] - Short-term borrowings rose to ¥2,303,777,640.96 from ¥2,184,702,824.94 at the beginning of the year[21] Regulatory Compliance - The company received regulatory measures from the Henan Securities Regulatory Bureau, emphasizing the need for compliance and risk control[16] Other Business Activities - Other business revenue increased by 98.50% to ¥64,871,265.26, primarily from the subsidiary's commodity trading sales[11] - Other business costs rose by 111.97% to ¥63,263,983.44, also driven by the subsidiary's commodity trading sales[11] - Operating income increased by 402.19% to ¥10,208,635.27, primarily due to an increase in government subsidies[11]