浙商证券(601878) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 19.94% to CNY 810.78 million compared to the same period last year[6] - Net profit attributable to shareholders fell by 24.22% to CNY 200.01 million year-on-year[6] - Basic earnings per share decreased by 33.33% to CNY 0.06[6] - The weighted average return on equity decreased by 1.25 percentage points to 1.47%[6] - Total operating revenue for Q1 2018 was CNY 810,776,383.72, a decrease of 19.9% from CNY 1,012,654,167.65 in the same period last year[21] - Net commission and fee income was CNY 390,196,495.37, down 28.5% from CNY 545,136,594.23 year-over-year[21] - Net profit for Q1 2018 was CNY 200,005,835.44, representing a decline of 24.2% compared to CNY 263,921,256.39 in Q1 2017[21] - Operating profit for the quarter was CNY 264,487,638.82, a decrease of 24.4% from CNY 349,617,334.84 in Q1 2017[21] - The company reported a total comprehensive income of CNY 172,063,584.46, down from CNY 261,138,080.80 year-over-year[22] Assets and Liabilities - Total assets increased by 0.65% to CNY 53.27 billion compared to the end of the previous year[6] - The company's total liabilities stood at RMB 39.58 billion, slightly up from RMB 39.41 billion, showing a marginal increase of about 0.43%[16] - Total liabilities decreased slightly to CNY 33,527,682,263.67 from CNY 33,635,321,850.36 year-over-year[18] - The total assets of the company were CNY 45,363,537,178.65, slightly up from CNY 45,308,987,173.04 year-over-year[18] Shareholder Information - The company reported a total of 90,865 shareholders at the end of the reporting period[10] - The largest shareholder, Zhejiang Shangsan Highway Co., Ltd., holds 63.74% of the shares[10] - The equity attributable to shareholders rose to RMB 13.69 billion from RMB 13.51 billion, marking an increase of approximately 1.31%[16] Cash Flow - Net cash flow from operating activities improved significantly, reaching CNY 1.66 billion, a 241.28% increase from the previous year[6] - Cash and cash equivalents reached RMB 14.03 billion, up from RMB 12.60 billion, indicating a growth of about 11.31%[15] - Client deposits increased to RMB 12.02 billion from RMB 10.96 billion, representing a growth of approximately 9.66%[15] - The cash outflow for operating activities in Q1 2018 totaled ¥3,408,574,927.03, down from ¥6,935,046,601.16 in the previous year, showing a reduction of about 50.9%[26] - The total cash inflow from operating activities was ¥5,067,880,575.13, down from ¥5,760,564,645.03 in the previous year, reflecting a decline of approximately 12.0%[26] Investment Activities - Investment income rose to CNY 144,889,256.37, an increase of 55.8% compared to CNY 92,992,091.36 in the same period last year[21] - The company’s cash flow from investment activities was negative at -¥20,839,782.96, indicating a decrease in investment activity compared to -¥27,434,094.06 in the previous year[26] Future Plans - The company plans to issue convertible bonds totaling up to RMB 3.5 billion, pending approvals from relevant authorities[13] - The company is actively monitoring the progress of its convertible bond issuance and will provide updates as necessary[13]