东吴证券(601555) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 977.75 million, a decrease of 4.87% year-on-year[7] - Net profit attributable to shareholders decreased by 9.40% to CNY 310.10 million compared to the same period last year[7] - Basic and diluted earnings per share both decreased by 16.67% to CNY 0.10[7] - Net profit for the first quarter was CNY 313,015,579.98, down from CNY 347,208,763.64 in the previous year, representing a decrease of about 9.83%[26] - Total operating income for Q1 2017 was CNY 418,482,437.13, down from CNY 483,606,566.87, reflecting a decline of 13.5% year-over-year[29] - The company reported a total comprehensive income of CNY 292,795,890.35, compared to a loss of CNY 114,253,706.44 in the previous year[27] - The company reported a total comprehensive income of CNY 267,057,525.80 for Q1 2017, compared to a loss of CNY 109,627,785.05 in the same quarter last year[29] Cash Flow - The net cash flow from operating activities was negative at CNY -5.81 billion, worsening from CNY -2.51 billion in the previous year[7] - Cash flow from operating activities showed a net outflow of -¥5,814,643,200.17, worsening from -¥2,513,339,630.00 in the previous year, indicating increased cash outflows[32] - The company's cash and cash equivalents decreased to ¥17,128,217,222.91 from ¥19,840,284,936.00[19] - Cash and cash equivalents at the end of Q1 2017 stood at CNY 20,938,236,421.86, down from CNY 26,388,784,257.19, a decrease of 20.5%[33] - The company’s cash outflow from operating activities totaled CNY 7,277,094,760.31, slightly down from CNY 7,436,505,925.74 in the previous year, indicating a marginal improvement[32] - The net cash flow from investing activities was -$613.48 million, compared to -$187.94 million in the previous period, indicating a significant increase in investment outflows[36] - Cash inflow from financing activities totaled $3.63 billion, with a net cash flow of $3.42 billion, a substantial increase from $642.96 million in the prior period[36] Assets and Liabilities - Total assets decreased by 1.33% to CNY 88.28 billion compared to the end of the previous year[7] - Total assets as of March 31, 2017, amounted to ¥88,283,630,432.54, down from ¥89,476,701,728.74 at the beginning of the year[19] - Total liabilities decreased to ¥67,501,615,577.89 from ¥68,987,482,764.44[20] - Total liabilities decreased from CNY 49,311,785,582.69 to CNY 47,889,255,587.95, a reduction of about 2.88%[23] - The company's cash and cash equivalents decreased from CNY 16,850,463,481.69 to CNY 14,691,302,463.49, a decline of approximately 12.83%[22] Shareholder Information - The number of shareholders reached 120,885, with the largest shareholder holding 23.11% of the shares[9] - The equity attributable to shareholders of the parent company increased to ¥20,516,643,588.96 from ¥20,227,169,545.73[20] Income Sources - Net income from brokerage business decreased by 30.10% to ¥227,683,595.70 compared to ¥325,712,401.29 in the same period last year due to reduced trading volume[15] - Net income from investment banking business fell by 41.84% to ¥176,267,656.98 from ¥303,084,128.76, primarily due to a decline in securities underwriting and financial advisory revenues[15] - Net interest income turned negative at -¥81,187,420.06, a decrease of 273.65% from ¥46,754,185.40, attributed to reduced interest income and increased financing costs[15] - Other business income surged by 852.02% to ¥147,160,883.28, up from ¥15,457,802.53, mainly due to increased income from Dongwu Futures[15] - Net commission and fee income decreased to CNY 564,988,490.68 from CNY 739,120,220.10, reflecting a drop of about 23.5%[26] - Investment income increased to CNY 396,501,376.50 from CNY 331,468,830.23, marking an increase of approximately 19.6%[26] Other Financial Metrics - The weighted average return on equity decreased by 0.31 percentage points to 1.52%[7] - The company incurred a total tax expense of CNY 104,892,791.51, down from CNY 119,649,947.17, reflecting a decrease of 12.3% year-over-year[29] - Operating expenses for Q1 2017 were CNY 318,424,627.69, significantly lower than CNY 467,307,733.67 in the previous year, showing a reduction of 31.9%[29] - The company distributed dividends and paid interest totaling $207.80 million, compared to $200.04 million in the previous period[36]