JYT(SH:601908)2017-04-27 16:00Financial Performance - Operating revenue for the current period was ¥213,533,993.38, representing a decrease of 53.64% year-on-year[6] - Net profit attributable to shareholders was ¥2,293,980.44, down 97.74% from the previous year[6] - Basic earnings per share decreased by 98.04%, from ¥0.051 to ¥0.001[6] - The weighted average return on net assets fell by 1.61 percentage points to 0.04%[6] - The company reported a net loss for the quarter, with total comprehensive income significantly impacted by reduced revenue[24] - The net profit for Q1 2017 was a loss of CNY 30,577,665.61, compared to a profit of CNY 51,793,857.26 in the same period last year, indicating a negative swing of 158.93%[27] - The total profit for the period was reported as a loss of CNY 27,447,225.96, contrasting with a profit of CNY 49,803,849.07 in the previous year, marking a decline of 155.01%[27] - The total comprehensive income for the period was a loss of CNY 30,577,665.61, compared to a profit of CNY 51,793,857.26 in the previous year, indicating a negative change of 158.93%[27] Cash Flow - Cash flow from operating activities showed a significant improvement, with a net amount of -¥2,598,129.58 compared to -¥133,311,440.46 in the same period last year[6] - The net cash flow from operating activities improved significantly, with a net cash flow of CNY -2,598,129.58 compared to CNY -133,311,440.46 in the previous year, an increase of CNY 130,713,310.88[11] - The company experienced a net cash outflow from operating activities of CNY -2,598,129.58, an improvement from CNY -133,311,440.46 in the previous period[29] - Cash inflow from investment activities totaled CNY 2,040,476,029.72, compared to CNY 983,693,779.19 in the previous year, showing an increase of 107.50%[29] - The net cash flow from investment activities was 485,864,241.54 RMB, a substantial improvement from -125,106,615.49 RMB year-over-year[32] - The total cash flow from financing activities was -179,411,327.88 RMB, worsening from -119,709,261.50 RMB year-over-year, reflecting challenges in financing[32] Assets and Liabilities - Total assets at the end of the reporting period reached ¥12,056,476,500.06, an increase of 0.57% compared to the end of the previous year[6] - The total current assets decreased to CNY 4,233,308,689.73 from CNY 5,101,066,378.97, a reduction of 17.00%[16] - Non-current assets totaled CNY 3,613,762,866.97, an increase from CNY 3,581,796,537.95 at the beginning of the year[21] - Total liabilities were CNY 4,135,194,854.24, a decrease from CNY 4,157,959,988.02 at the beginning of the year[22] - Cash and cash equivalents increased to CNY 958,384,127.90 from CNY 767,471,893.60, representing a growth of 24.8%[20] Shareholder Information - The total number of shareholders reached 50,090 at the end of the reporting period[9] - The largest shareholder, Beijing Jingyuntong Daxing Technology Investment Co., Ltd., holds 57.49% of the shares[9] Operational Highlights - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company plans to focus on market expansion and new product development in the upcoming quarters[24] - The company has not reported any significant changes in its commitments or major events during the reporting period[12] Financial Expenses and Income - The company reported a significant increase in financial expenses, which rose by 215.58% to CNY 37,468,044.15 due to interest expenses from bond issuance[11] - The company reported investment income of CNY 13,319,895.81, an increase from CNY 9,522,435.33 in the previous period, representing a growth of 39.00%[27] - The management expenses for the current period were CNY 22,511,799.86, compared to CNY 16,346,817.82 in the previous year, indicating an increase of 37.67%[27] Inventory and Receivables - The company’s accounts receivable increased to CNY 639,931,880.17, up from CNY 548,251,048.25, reflecting a growth of 16.67%[16] - Accounts receivable decreased to CNY 42,312,582.93 from CNY 48,954,120.50, a decline of 13.4%[20] - Inventory rose to CNY 121,253,285.59 from CNY 71,600,283.84, an increase of 69.5%[20]