CFHI(SH:601106)2016-04-28 16:00Financial Performance - Operating revenue fell by 50.63% to CNY 522,207,712.04 year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 319,154,395.72, compared to a loss of CNY 289,037,377.13 in the same period last year[6] - The company's net profit for the quarter was RMB -54,894.03 million, reflecting a 138.89% increase in losses compared to RMB -22,978.59 million in the previous period[14] - The company reported a net loss of CNY 548,940,339.11, compared to a loss of CNY 229,785,943.39 in the previous year[21] - The net profit for Q1 2016 was -¥324,683,119.23, compared to -¥295,631,862.94 in Q1 2015, indicating a worsening performance[29] - The total comprehensive income for Q1 2016 was -¥324,676,593.02, compared to -¥295,588,915.77 in the same period last year[29] Cash Flow - Net cash flow from operating activities was a negative CNY 1,515,385,220.06, compared to a negative CNY 302,713,667.01 in the previous year[6] - Cash inflows from operating activities were ¥349,592,652.97, down 59.5% from ¥862,512,709.54 in Q1 2015[35] - The cash inflow from operating activities totaled 262,178,531.62 RMB, a decrease from 967,393,802.79 RMB in the previous period, indicating a decline in sales revenue[40] - The net cash flow from financing activities was 574,570,504.25 RMB, a recovery from -485,874,630.30 RMB in the previous period, driven by increased borrowings[37] Assets and Liabilities - Total assets decreased by 1.19% to CNY 37,616,224,051 compared to the end of the previous year[6] - The total current assets at the end of the reporting period amounted to RMB 26,995,352,552.67, a slight decrease from RMB 27,388,134,761.45 at the beginning of the year[19] - The company's total liabilities increased significantly, with interest payable rising by 112.12% to RMB 11,797.93 million from RMB 5,561.84 million at the beginning of the year[14] - Current liabilities amounted to CNY 16,487,393,805.67, a decrease from CNY 16,953,352,435.01[20] - The total liabilities decreased to CNY 22,855,349,966.28 from CNY 22,982,903,969.67, a decline of 0.6%[21] Shareholder Information - The total number of shareholders was 514,147 at the end of the reporting period[10] - The largest shareholder, China First Heavy Industries, held 62.11% of the shares[11] Revenue and Costs - Total revenue for Q1 2016 was CNY 522,207,712.04, a decrease of 50.7% compared to CNY 1,057,804,977.69 in the same period last year[27] - Total operating costs for Q1 2016 were CNY 849,814,450.67, down 38.4% from CNY 1,384,143,854.83 year-over-year[27] Investment Activities - The company's investment income fell to RMB 383.79 million, down 89.66% from RMB 3,712.94 million in the previous period due to reduced short-term investment activities[14] - The total cash inflow from investment activities was 1,754,827,742.54 RMB, while cash outflow was 391,995,897.76 RMB, resulting in a net cash flow of 1,362,831,844.78 RMB from investments[36] - The cash outflow for investing activities was significantly reduced to 84,629,455.49 RMB from 633,248,900.84 RMB, indicating a strategic shift in investment spending[40] Earnings Per Share - Basic and diluted earnings per share were both -CNY 0.0488, compared to -CNY 0.0442 in the same period last year[6] - The basic and diluted earnings per share for Q1 2016 were both -¥0.0488, compared to -¥0.0442 in Q1 2015[29]