CENTER INT(SH:603098)2018-04-27 16:00Financial Performance - Operating revenue for the reporting period reached approximately CNY 434.98 million, representing a significant increase of 91.56% year-on-year[6] - Net profit attributable to shareholders of the listed company was approximately CNY 30.95 million, an increase of 33.47% compared to the same period last year[6] - Basic earnings per share for the reporting period were CNY 0.08, reflecting a growth of 33.33% year-on-year[6] - Operating profit for Q1 2018 was RMB 38,774,166.82, up from RMB 27,698,970.17, reflecting a growth of 39.5% year-over-year[25] - Net profit attributable to shareholders for Q1 2018 was RMB 31,662,211.66, compared to RMB 23,203,387.01 in the previous year, marking an increase of 36.5%[26] - The company's operating profit for Q1 2018 was CNY 40,755,085.20, an increase of 38.3% compared to CNY 29,457,598.87 in the same period last year[29] - Net profit for Q1 2018 reached CNY 33,545,514.15, up 34.1% from CNY 25,040,848.67 in Q1 2017[29] Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 2.61 billion, a decrease of 6.32% compared to the end of the previous year[6] - The company's total assets decreased from CNY 2,784,001,280.82 to CNY 2,608,088,739.96, reflecting a reduction in both current and non-current assets[17] - The total liabilities decreased from CNY 1,102,385,541.59 to CNY 891,734,481.84, indicating a reduction in financial obligations[18] - Total liabilities decreased to RMB 909,854,703.10 from RMB 1,133,854,883.59, representing a reduction of 19.8%[22] - Current assets totaled RMB 2,225,179,806.43, down from RMB 2,435,000,538.37, a decline of 8.6%[21] Cash Flow - The net cash flow from operating activities was negative at approximately CNY -81.62 million, a decline of 649.28% compared to the previous year[6] - The net cash flow from operating activities showed a significant decline of 649.28%, dropping from CNY 14,858,645.78 to -CNY 81,615,968.97, primarily due to increased payments for materials and services[14] - Cash flow from operating activities showed a net outflow of CNY 81,615,968.97, compared to a net inflow of CNY 14,858,645.78 in the previous year[31] - The net cash flow from investing activities was -$41.59 million, compared to -$247.24 million in the previous year[35] - The net cash flow from financing activities was -$23.91 million, a decrease from -$247.99 million year-over-year[35] Shareholder Information - The total number of shareholders at the end of the reporting period was 19,599[9] - The largest shareholder, Liu Aisen, held 35.42% of the shares, with 141.69 million shares pledged[9] Other Financial Metrics - The weighted average return on equity increased to 1.86%, up by 0.41 percentage points from the previous year[6] - The company reported non-operating income of approximately CNY 715,284.92, primarily from government subsidies and other non-recurring gains[8] - Investment income rose dramatically by 538.40%, increasing from CNY 160,734.72 to CNY 1,026,132.72, mainly due to gains from bank wealth management products[13] - The company incurred total operating expenses of CNY 351,608,829.86, which is a significant increase from CNY 163,259,516.51 in the previous year[29] Product Development and Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company has ongoing investments in new technologies and market expansion strategies, although specific details were not disclosed in the report[25]