CBMT(SH:603099)2018-04-25 16:00Financial Performance - Operating revenue for the period was CNY 43,010,769, representing a significant increase of 66.74% year-on-year[5] - Net profit attributable to shareholders of the listed company was CNY -31,929,442.72, a decline of 12.34% compared to the same period last year[5] - The weighted average return on net assets decreased to -3.41%, down by 0.24 percentage points from -3.17%[5] - Basic and diluted earnings per share were both CNY -0.12, reflecting an increase of 8.81% in loss per share compared to CNY -0.11 in the previous year[5] - Net loss for Q1 2018 was CNY 31,916,954.70, compared to a net loss of CNY 28,090,382.77 in Q1 2017, representing a decline of 10.0%[27] - The company reported a net loss of CNY 20,705,208.83 for Q1 2018, an improvement from a net loss of CNY 22,214,968.66 in the same period last year, representing a decrease in loss of approximately 6.76%[30] - Basic and diluted earnings per share for Q1 2018 were both CNY -0.12, compared to CNY -0.11 in Q1 2017[28] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,124,775,076, a slight increase of 0.03% compared to the previous year[5] - The company's total assets amounted to CNY 1,162,107,698.37, an increase from CNY 1,130,281,647.95 year-over-year[23] - Total liabilities were CNY 197,838,745.23, compared to CNY 146,483,256.00 in the previous year, reflecting a rise of 35.1%[23] - The total equity of the company was CNY 964,268,953.14, down from CNY 983,798,391.95 in the previous year, indicating a decrease of 2.0%[23] Cash Flow - The company reported a net cash flow from operating activities of CNY -39,266,649.06, an improvement of 4.52% compared to the previous year[5] - The net cash flow from operating activities was negative at CNY -39,266,649.06, slightly improved from CNY -41,125,396.38 in the same quarter last year[33] - Total cash outflow from operating activities was CNY 88,478,304.31, an increase from CNY 70,930,310.40 in the previous year, indicating higher operational costs[33] - The company reported a cash flow from financing activities net increase of CNY 51,585,785.16, showing a positive financing position[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 21,641[10] - The largest shareholder, Jilin Changbai Mountain Development Construction (Group) Co., Ltd., held 158,533,060 shares, accounting for 59.45% of the total shares[10] - The top ten shareholders included several state-owned enterprises, indicating a strong institutional presence[10] Investments and Expenditures - Cash paid for the acquisition of fixed assets and intangible assets increased by 115.04% to ¥59,599,908.60 from ¥27,716,185.86, indicating significant investment in construction projects[14] - The company invested CNY 59,599,908.60 in fixed assets and other long-term assets, compared to CNY 27,716,185.86 in the previous year, indicating a significant increase in investment activities[34] - Long-term borrowings increased to ¥51,690,000.00 from ¥0.00, marking a 100% increase as the company secured bank loans[13] Changes in Current Assets - Cash and cash equivalents decreased by 42.17% to ¥64,848,520.47 from ¥112,128,264.47 due to significant payments for engineering projects[13] - Prepayments decreased by 89.81% to ¥10,892,621.57 from ¥106,875,878.74 as prepaid land transfer fees were converted to intangible assets[13] - Other current assets increased by 65.92% to ¥8,722,284.26 from ¥5,256,807.06 due to an increase in input tax[13] - Construction in progress surged by 443.77% to ¥33,422,014.49 from ¥6,146,403.66 due to increased investment in engineering projects[13] - Intangible assets rose by 107.85% to ¥199,682,571.56 from ¥96,068,324.21 due to the addition of new land-related intangible assets[13] Revenue and Costs - Operating costs rose by 44.80% to ¥60,015,531.55 from ¥41,447,674.09, primarily due to increased labor costs and seasonal losses in the off-peak period[14] - Cash received from sales and services increased by 72.29% to ¥43,447,330.34 from ¥25,218,186.42, reflecting improved revenue generation[14] - Total operating revenue for Q1 2018 was CNY 43,010,769.16, an increase of 66.6% compared to CNY 25,794,557.26 in the same period last year[26] - Total operating costs for Q1 2018 were CNY 75,012,639.30, up 38.1% from CNY 54,328,071.49 in Q1 2017[27] - Operating revenue from sales of goods and services increased to CNY 43,447,330.34, up 72.2% from CNY 25,218,186.42 in the previous year[32]