Jangho(SH:601886)2018-04-26 16:00Financial Performance - Operating revenue increased by 13.73% to CNY 3.03 billion year-on-year[6] - Net profit attributable to shareholders increased by 87.38% to CNY 92.92 million compared to the same period last year[6] - Basic earnings per share rose by 14.29% to CNY 0.08[6] - Total operating revenue for Q1 2018 was CNY 3,027,955,088.69, an increase of 13.72% compared to CNY 2,662,301,065.36 in the same period last year[28] - Net profit for Q1 2018 reached CNY 111,889,531.15, representing a growth of 30.29% from CNY 85,950,722.52 in Q1 2017[29] Asset and Liability Changes - Total assets decreased by 7.05% to CNY 22.41 billion compared to the end of the previous year[6] - The total assets decreased from CNY 24,105,918,539.97 to CNY 22,405,567,640.83, reflecting a reduction of approximately 7.06%[20] - Current liabilities decreased from CNY 16,268,239,875.38 to CNY 14,465,950,338.77, a decline of about 11.06%[20] - The company's total assets as of the end of the reporting period were CNY 9,267,262,046.54, slightly up from CNY 9,230,308,570.87 at the beginning of the year[25] - Total liabilities increased to CNY 4,474,451,709.26 from CNY 4,432,552,572.97 at the start of the year[25] Cash Flow Analysis - Cash flow from operating activities showed a net outflow of CNY 804.44 million, worsening from a net outflow of CNY 376.93 million in the previous year[6] - Operating cash flow showed a significant decline, with a net cash outflow of CNY -804,435,417.01 compared to CNY -376,928,755.97 in the previous year[14] - The net cash flow from financing activities improved significantly, showing a net inflow of CNY 8,471,381.73 compared to a net outflow of CNY -228,808,668.35 in the previous year[14] - The cash flow from investment activities resulted in a net outflow of ¥54.15 million, compared to a net inflow of ¥27.72 million in Q1 2017[36] - The cash flow from financing activities generated a net inflow of ¥8.47 million, a significant improvement from a net outflow of ¥228.81 million in the previous year[36] Shareholder Information - The number of shareholders reached 26,754 at the end of the reporting period[11] - The largest shareholder, Beijing Jianghe Source Holdings Co., Ltd., holds 27.35% of the shares[11] Investment and Financial Activities - Investment income rose by 167.41% from CNY 7,994,550.59 to CNY 21,378,540.08, mainly attributed to dividends from PRIMARY stock purchases[15] - The company reported a non-operating income of CNY 2.49 million from various non-recurring items[8] - The company is in the process of listing its subsidiary, Liang Zhitian Design Group, on the Hong Kong Stock Exchange, with the application currently under review[13] - Financial expenses surged by 204.62% from CNY 25,042,324.18 to CNY 76,284,979.26, primarily due to increased foreign exchange losses[14] Cash and Cash Equivalents - Cash and cash equivalents decreased by 33.36% from CNY 2,893,009,048.58 to CNY 1,928,032,099.63, primarily due to increased operational investments[13] - The company's cash and cash equivalents decreased to CNY 271,021,729.28 from CNY 404,617,354.26 at the beginning of the year, a decline of 33.0%[24] - The company's total cash and cash equivalents at the end of Q1 2018 were ¥1.43 billion, down from ¥3.10 billion at the end of Q1 2017[36] - The total cash and cash equivalents at the end of the period decreased to $139,837,093.59 from $270,859,578.92 at the beginning of the period[38] Employee Compensation - The company reported a substantial decrease in employee compensation payable, down 49.53% from CNY 238,508,084.51 to CNY 120,368,425.02, due to payments made during the period[13]