CSPM(SH:601858)2018-04-25 16:00Financial Performance - Operating revenue increased by 11.33% to CNY 303,580,799.10 year-on-year[5] - Net profit attributable to shareholders decreased by 121.13% to a loss of CNY 3,570,213.78 compared to the same period last year[5] - Basic earnings per share dropped by 100% to CNY -0.00 from CNY 0.02 in the previous year[5] - The weighted average return on equity decreased by 0.93 percentage points to -0.11%[5] - The net profit for Q1 2018 was a loss of CNY 7,186,619.47, compared to a profit of CNY 15,381,486.08 in the same period last year, reflecting a significant decline[22] - The net profit for Q1 2018 was CNY 13,528,844.18, down 41.6% from CNY 23,138,837.10 in Q1 2017[26] - The total comprehensive income attributable to the parent company was CNY -4,911,598.24, compared to CNY 17,128,500.35 in the previous year[23] Cash Flow - Net cash flow from operating activities showed a significant decline of 667.91%, resulting in a negative cash flow of CNY -1,396,808,902.58[5] - Cash flow from operating activities showed a net outflow of -1,396,808,902.58 RMB, a significant decline of 667.91% compared to the previous period[12] - The net cash flow from operating activities was CNY -1,396,808,902.58, worsening from CNY -181,896,962.84 in the same period last year[29] - Cash outflow for operating activities was CNY 1,358,937,416.48, a significant increase from CNY 181,994,818.12 in the previous period[31] - Total cash inflow from operating activities was impacted by a substantial increase in cash payments for other operating activities, which reached CNY 1,182,016,439.92[31] Assets and Liabilities - Total assets decreased by 2.41% to CNY 4,432,044,327.64 compared to the end of the previous year[5] - The total assets decreased from 4,541,412,645.88 RMB at the beginning of the year to 4,432,044,327.64 RMB[15] - Total liabilities decreased to CNY 632,532,853.04 from CNY 680,457,241.07, showing a reduction of approximately 7.1%[20] - Current assets totaled CNY 2,962,430,323.75, slightly down from CNY 2,997,690,049.37, a decrease of about 1.2%[19] - The company reported a decrease in cash and cash equivalents to CNY 2,297,539,762.81 from CNY 2,354,339,196.30, a decline of approximately 2.4%[18] Shareholder Information - The total number of shareholders reached 40,752 at the end of the reporting period[10] - The largest shareholder, China Science Publishing & Media Co., Ltd., holds 582,255,000 shares, accounting for 73.66% of total shares[10] Investment and Financial Activities - Investment income increased by 245.68% to 2,049,469.48 RMB, mainly from bank wealth management returns[11] - The company reported a total non-operating income of CNY 2,027,741.85 for the period[8] - Financial expenses decreased by 40.49% to -9,003,972.45 RMB, primarily due to increased interest income[11] - The company received CNY 1,670,000.00 from financing activities, a significant decrease from CNY 849,120,000.00 in the same period last year[30] - Net cash flow from financing activities was CNY 836,865,548.85, indicating strong financing support[32] Inventory and Receivables - Accounts receivable rose by 79.51% to 133,700,167.48 RMB, attributed to seasonal fluctuations in sales and collections[11] - Prepayments increased by 32.26% to 164,821,452.45 RMB, primarily to mitigate exchange rate risks[11] - Inventory increased to CNY 351,829,699.26 from CNY 329,443,854.80, representing a growth of about 6.8%[19]