People.cn (SH:603000)2017-04-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 216.53% to a loss of CNY 45,177,892.59 compared to the same period last year[6] - Operating revenue decreased by 7.43% to CNY 270,118,516.75 compared to the same period last year[6] - Basic earnings per share decreased by 200.00% to CNY -0.04 compared to CNY 0.04 in the same period last year[6] - Net profit attributable to shareholders decreased by 216.53% year-on-year, largely due to the absence of significant investment gains and increased costs in content production and labor[14] - The company reported an operating profit of CNY -59,813,419.46, a significant decrease from CNY 136,732,531.30 in the previous year[32] - The net profit for the current period is ¥29,661,578.22, compared to ¥281,380.49 in the previous period, indicating a substantial increase[36] Assets and Liabilities - Total assets decreased by 3.64% to CNY 3,564,748,079.90 compared to the end of the previous year[6] - Total liabilities decreased from RMB 555.72 million at the beginning of the year to RMB 545.67 million[25] - The total equity attributable to shareholders decreased from RMB 2.73 billion at the beginning of the year to RMB 2.70 billion[25] - The total assets as of March 31, 2017, amounted to CNY 2,908,643,760.90, up from CNY 2,880,349,511.96 at the beginning of the year[30] - Total liabilities decreased to CNY 258,609,538.07 from CNY 271,046,867.35 at the beginning of the year, reflecting a reduction of 4.6%[30] Cash Flow - Net cash flow from operating activities improved by 27.17%, reaching a negative CNY 78,058,991.30 compared to a negative CNY 107,184,985.37 in the previous year[6] - Cash flow from operating activities showed a net outflow of ¥78,058,991.30, an improvement from a net outflow of ¥107,184,985.37 in the previous period[39] - Cash inflow from investment activities was ¥2,618,315,157.91, compared to ¥1,809,716,761.74 in the previous period, reflecting a growth of 44.6%[39] - Cash outflow for investment activities totaled ¥2,510,621,076.67, down from ¥2,659,930,413.16, indicating a decrease of 5.6%[40] - The net cash flow from financing activities was -¥72,663,100.00, worsening from -¥7,500,000.00 in the previous period[40] Operating Costs and Income - Total operating costs increased to CNY 339,874,273.62, up 5.0% from CNY 321,330,842.58 year-on-year[32] - Non-operating income increased by 89.65% year-on-year, mainly due to government subsidies received by a subsidiary during the reporting period[14] - Investment income dropped by 94.02% year-on-year, with no similar equity disposals occurring in the current reporting period, compared to a gain of RMB 134 million in the previous year[14] - Cash inflow from investment activities totaled CNY 1,446,549,558.99, slightly down from CNY 1,453,766,846.34 in the previous period[42] Shareholder Information - The number of shareholders reached 66,288 at the end of the reporting period[10] - The company has committed to maintaining its position as the sole comprehensive news website under the People's Daily, ensuring no competition from its controlling shareholder[16]