IBS(SH:603183)2018-04-26 16:00Financial Performance - Operating revenue increased by 3.80% to CNY 94,024,206.83 year-on-year[6] - Net profit attributable to shareholders decreased by 27.45% to CNY 8,198,090.62 compared to the same period last year[6] - Basic and diluted earnings per share both decreased by 47.06% to CNY 0.09[6] - The weighted average return on equity decreased by 62.72 percentage points to 1.26%[6] - Net profit for Q1 2018 was CNY 8,054,561.15, a decrease of 28.5% from CNY 11,299,925.38 in Q1 2017[24] - Earnings per share for Q1 2018 were CNY 0.09, down from CNY 0.17 in the same quarter last year[25] - The net profit attributable to shareholders, excluding non-recurring gains and losses, decreased by 43.68% to RMB 6.16 million from RMB 10.94 million, influenced by cyclical factors and increased period expenses[12] Cash Flow and Liquidity - Net cash flow from operating activities worsened, with a loss of CNY 62,754,355.44, an increase of 65.33% in losses year-on-year[6] - Cash and cash equivalents decreased by 30.63% to RMB 138.31 million from RMB 199.39 million due to payments for goods and employee salaries[11] - Net cash flow from operating activities decreased by 65.33% to RMB -62.75 million from RMB -37.96 million, primarily due to increased cash payments to suppliers and employees[12] - The cash flow from operating activities showed a net outflow of ¥62,754,355.44, worsening from a net outflow of ¥37,956,792.43 in the previous year[31] - The company's cash and cash equivalents at the end of Q1 2018 were ¥135,314,438.12, down from ¥199,443,552.72 at the beginning of the period[32] - The net increase in cash and cash equivalents was a decrease of $50,652,284.03, resulting in a year-end balance of $97,564,387.62[34] Assets and Liabilities - Total assets decreased by 4.93% to CNY 800,295,540.94 compared to the end of the previous year[6] - Total assets decreased to RMB 800.30 million from RMB 841.76 million, reflecting a reduction in cash and cash equivalents[17] - Total liabilities decreased to RMB 146.23 million from RMB 195.75 million, indicating a reduction in short-term borrowings and other liabilities[17] - Current assets totaled CNY 284,885,654.67, up 40.6% from CNY 202,567,386.37 at the start of the year[19] - Total liabilities increased to CNY 245,502,172.14 from CNY 161,296,601.30, reflecting a significant rise in current liabilities[20] Shareholder Information - The total number of shareholders reached 16,169 at the end of the reporting period[10] - The top shareholder, Wu Xiaoxiang, holds 9.13% of the shares, totaling 8,038,257 shares[10] Other Financial Metrics - The company received government subsidies amounting to CNY 890,638.00 during the reporting period[8] - Non-recurring gains and losses totaled CNY 2,039,231.83 after tax adjustments[9] - Investment income increased significantly by 1150.01% to RMB 1.54 million from RMB 0.12 million, mainly due to higher financial investment returns[11] - The total operating costs for Q1 2018 were CNY 88,454,800.40, up 15.2% from CNY 76,781,638.45 in Q1 2017[23] - The total comprehensive income for Q1 2018 was a loss of ¥1,617,688.49, compared to a loss of ¥919,227.36 in Q1 2017, reflecting a decline of 76.1%[27] - The total cash inflow from investment activities was ¥147,535,263.30, compared to ¥50,222,820.56 in the same period last year, indicating a significant increase of 194.5%[31]