CNS(SH:601098)2018-04-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 25.32% to CNY 263,203,501.52 year-on-year[7] - Operating revenue decreased by 23.31% to CNY 1,637,385,256.91 compared to the same period last year[7] - Basic earnings per share decreased by 25.00% to CNY 0.15[7] - Net profit for Q1 2018 was CNY 288,207,361.29, a decline of 21.8% from CNY 368,341,265.92 in the previous year[29] - The net profit for Q1 2018 was CNY 62,470,304.10, down 21.00% from CNY 79,025,354.16 in Q1 2017[30] Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of CNY 969,862,642.86 compared to a net inflow of CNY -47,133,205.44 in the previous year[7] - Net cash flow from operating activities was -¥969,862,642.86, worsening from -¥47,133,205.44 in the previous year, due to delayed government procurement funds and accelerated payments for materials[16] - The net cash flow from operating activities was -52,218,791.98 RMB, a significant decline compared to 26,660,874.79 RMB in the previous period, indicating a negative shift in operational performance[36] - Total cash inflow from operating activities decreased to 253,801,238.21 RMB from 391,450,021.18 RMB, reflecting a drop of approximately 35.2%[36] - Cash outflow from operating activities was 306,020,030.19 RMB, down from 364,789,146.39 RMB, showing a reduction of about 16.1%[36] Assets and Liabilities - Total assets decreased by 0.34% to CNY 19,607,490,494.30 compared to the end of the previous year[7] - Total current assets decreased from ¥16,923,149,512.31 to ¥16,672,926,312.56, with cash and cash equivalents declining from ¥12,803,906,116.88 to ¥11,455,731,017.25[20] - Total liabilities decreased from ¥5,742,344,948.92 to ¥5,390,753,636.31, reflecting a reduction in current liabilities[22] - The company's total assets slightly decreased from ¥19,673,795,045.62 to ¥19,607,490,494.30[22] - The company's retained earnings increased from ¥6,196,778,585.62 to ¥6,459,982,087.14, indicating improved profitability[22] Income and Expenses - The company reported non-operating income of CNY 16,187,346.22, primarily from government subsidies and other sources[7] - Asset disposal income increased by 944.94% to ¥7,067,147.28, primarily due to the disposal income from the demolition of Xinhua Bookstore in Huaihua[15] - Other income amounted to ¥9,555,147.73, with no previous year counterpart, mainly from government subsidies reported under other income this period[15] - Non-operating income decreased by 92.31% to ¥607,127.07, as government subsidies were reclassified to other income[15] - Total operating costs for Q1 2018 were CNY 1,361,522,674.27, down 22.9% from CNY 1,765,413,033.67 year-on-year[28] Shareholder Information - The number of shareholders reached 33,402 at the end of the reporting period[11] - Minority interest profit increased by 57.29% to ¥25,000,000.00, driven by the performance growth of the financial company[15] Investment Activities - Investment income for Q1 2018 was CNY 2,824,697.21, down from CNY 3,227,522.53 year-on-year[29] - Investment activities resulted in a net cash outflow of CNY 320,087,060.24, an improvement from negative CNY 373,589,759.43 in Q1 2017[33] - The company received CNY 300,000,000.00 from investment recoveries, a significant increase from CNY 5,000,000.00 in the same period last year[33]