CCA(SH:603100)2017-04-28 16:00Financial Performance - Operating revenue for the period was CNY 59,344.21 million, down 10.54% year-on-year[5] - Net profit attributable to shareholders was CNY 2,368.87 million, a decrease of 1.54% compared to the same period last year[5] - The company reported non-operating income of CNY 2,027,920.35 million, primarily from government subsidies and debt restructuring gains[8] - Total operating revenue for Q1 2017 was CNY 593,442,075.37, a decrease of 10.5% compared to CNY 663,390,352.91 in the same period last year[27] - Net profit attributable to shareholders for Q1 2017 was CNY 23,688,716.94, slightly down from CNY 24,059,759.11 in the previous year, representing a decrease of 1.5%[27] - The company's operating revenue for the current period is ¥456,713,598.65, a decrease of 4.9% compared to ¥479,201,084.97 in the previous period[31] - The net profit for the current period is ¥18,271,705.66, significantly up from ¥4,280,255.66 in the previous period, representing an increase of 326.4%[31] - The total profit for the current period is ¥20,807,967.76, compared to ¥4,048,479.00 in the previous period, marking an increase of 414.5%[31] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -15,606.08 million, indicating a significant decline from CNY 751.14 million in the previous year[5] - Cash received from other operating activities decreased by 59.01% to RMB 3,868.56 million, mainly due to last year's agent business payments not yet settled[12] - The company's operating cash flow for the current period is -¥156,060,777.83, a decline from ¥7,511,361.83 in the previous period[34] - Cash and cash equivalents at the end of the period amount to ¥462,880,462.02, down from ¥682,006,391.02 in the previous period[34] - The company's total cash outflow from operating activities is ¥777,151,892.58, compared to ¥746,525,962.05 in the previous period, an increase of 4.5%[34] - The net increase in cash and cash equivalents was negative at -$23,928,990.94, contrasting with a positive increase of $88,453,929.31 in the prior year[38] - The ending balance of cash and cash equivalents stood at $324,694,794.41, a significant drop of 34.7% compared to $497,129,074.93 from the previous year[38] Assets and Liabilities - Total assets at the end of the reporting period were CNY 447,484.35 million, a decrease of 0.33% compared to the end of the previous year[5] - The total assets decreased slightly from RMB 4,489,768,740.63 to RMB 4,474,843,497.14[18] - The total liabilities decreased from RMB 2,592,575,565.67 to RMB 2,547,145,865.26, indicating a reduction in financial obligations[19] - Total liabilities decreased to CNY 2,644,944,107.72 from CNY 2,686,645,964.71, reflecting a reduction of 1.5%[24] - Long-term borrowings surged by 1019.64% to RMB 15,675.00 million, reflecting the company's adjustment of its loan structure[12] Shareholder Information - The total number of shareholders at the end of the reporting period was 26,046[7] - The largest shareholder, China Four Union Instrument Group Co., Ltd., held 136,974,854 shares, accounting for 34.68% of the total shares[7] Other Financial Metrics - The weighted average return on equity was 1.25%, down 0.07 percentage points from 1.32% in the previous year[5] - Employee compensation payable decreased by 31.40% to RMB 8,414.83 million, mainly due to the payment of last year's unpaid wages in the current period[12] - Asset impairment losses dropped by 79.63% to RMB 295.44 million, mainly due to a decrease in accounts receivable and the recovery of long-aged receivables[12] - Investment income fell by 94.49% to RMB 20.57 million, primarily due to reduced profits from invested entities[12] - Tax payments decreased by 30.27% to RMB 4,285.17 million, primarily due to a reduction in the uncollected value-added tax carried over from the previous year[12] - Debt repayment increased by 51.73% to RMB 35,050.00 million, mainly due to an increase in bank loan repayments[12] - The company reported a comprehensive income total of CNY 29,504,456.92 for Q1 2017, compared to CNY 9,910,576.08 in the same period last year[28] - Basic and diluted earnings per share remained stable at CNY 0.06 for Q1 2017, unchanged from the previous year[28]