AsAc(SH:601890)2017-04-24 16:00Financial Performance - Operating revenue decreased by 32.89% to CNY 239,154,827.21 year-on-year[6] - Net profit attributable to shareholders decreased by 36.45% to CNY 18,066,378.53 compared to the same period last year[6] - Revenue for Q1 2017 was 239,154,827.21 RMB, a decrease of 32.89% compared to 356,371,275.88 RMB in Q1 2016[13] - Net profit for Q1 2017 was ¥15,932,477.45, a decline of 43.6% compared to ¥28,223,005.45 in Q1 2016[26] - The total comprehensive income attributable to the parent company was ¥18,066,378.53, compared to ¥28,426,737.45 in the same period last year, a decrease of 36.5%[30] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -78,750,899.34, contrasting with a positive cash flow of CNY 57,345,127.72 in the previous year[6] - Cash inflows from operating activities totaled $316,561,919.18, compared to $139,239,942.23 in the prior period, reflecting a year-over-year increase of approximately 127.5%[36] - Cash outflows for operating activities were $224,831,124.22, up from $196,589,831.16, representing an increase of about 14.4%[36] - The net cash flow from operating activities was $91,730,794.96, a significant improvement from a net outflow of $57,349,888.93 in the previous period, indicating a turnaround in operational efficiency[36] Assets and Liabilities - Total assets increased by 0.38% to CNY 3,814,483,681.39 compared to the end of the previous year[6] - The total assets as of March 31, 2017, amounted to 3,814,483,681.39 RMB, slightly up from 3,799,905,040.15 RMB at the beginning of the year[18] - The total liabilities as of March 31, 2017, were ¥959,872,094.78, an increase from ¥958,458,612.40 at the start of the year[23] - The company's cash and cash equivalents decreased to ¥849,121,713.24 from ¥985,747,357.73 at the beginning of the year, representing a decline of 13.8%[21] Shareholder Information - The number of shareholders reached 151,824 at the end of the reporting period[10] - The company's total equity increased to ¥2,722,104,414.15 from ¥2,701,119,484.28, reflecting a growth of 0.8%[23] Investment Activities - Other cash payments related to investment activities surged by 137.58% to 392,000,000.00 RMB compared to 165,000,000.00 RMB in Q1 2016[14] - The net cash flow from investing activities was -$227,500,691.54, worsening from -$45,808,702.45 in the previous period, indicating increased investment expenditures[37] - Cash inflows from investing activities amounted to $94,098,433.33, a rise from $40,700,000.00, marking an increase of approximately 131.5%[37] Other Financial Metrics - The weighted average return on net assets decreased by 0.35 percentage points to 0.61%[6] - The company reported a significant increase in asset impairment losses, rising 138.55% to 2,519,304.49 RMB from 1,056,078.81 RMB year-over-year[13] - Cash paid for fixed assets and intangible assets increased by 29.70% to 36,613,726.87 RMB from 28,230,587.45 RMB in the previous year[14] - The basic and diluted earnings per share for Q1 2017 were both ¥0.0188, compared to ¥0.0296 in the previous year, reflecting a decline of 36.8%[30]