GOLDENSEA(SH:603311)2018-04-24 16:00Financial Performance - Net profit attributable to shareholders decreased by 9.68% to CNY 20,513,204.50 year-on-year[6] - Operating revenue rose by 9.48% to CNY 144,626,486.10 compared to the same period last year[6] - Total operating revenue for Q1 2018 was CNY 144,626,486.10, an increase of 9.5% compared to CNY 132,105,659.46 in the same period last year[21] - Net profit for Q1 2018 was CNY 20,513,204.50, a decrease of 10.0% from CNY 22,792,538.63 in Q1 2017[22] - Earnings per share for Q1 2018 were CNY 0.10, down from CNY 0.11 in the same quarter last year[22] - Operating profit for Q1 2018 was CNY 24,705,637.33, a decline from CNY 26,718,754.02 in the previous year[21] - The company reported a total comprehensive income of CNY 21,663,973.22 for Q1 2018, compared to CNY 26,791,088.34 in Q1 2017[22] Assets and Liabilities - Total assets increased by 3.04% to CNY 927,478,478.36 compared to the end of the previous year[6] - The total liabilities of the company were CNY 187,993,084.20, up from CNY 182,252,304.20, which is an increase of about 3.8%[15] - The owner's equity reached CNY 739,485,394.16, compared to CNY 717,821,420.98 at the beginning of the year, showing an increase of approximately 3%[15] - The company's current assets totaled CNY 598,682,410.14, slightly up from CNY 590,779,948.62 at the start of the year, indicating a 1.5% increase[14] - The non-current assets totaled CNY 328,796,068.22, up from CNY 309,293,776.56, indicating a growth of about 6.3%[14] Cash Flow - Cash flow from operating activities increased by 1.33% to CNY 8,630,309.78 year-on-year[6] - Operating cash flow for Q1 2018 was CNY 8,630,309.78, a slight increase of 1.33% from CNY 8,516,835.44 in the previous period[25] - Total cash inflow from operating activities was CNY 141,871,625.76, compared to CNY 133,574,921.49 in the previous period, reflecting a growth of 6.5%[25] - Cash outflow from operating activities totaled CNY 133,241,315.98, up from CNY 125,058,086.05, indicating an increase of 6.5%[25] - The company reported a net cash outflow of CNY 77,279,935.86 for the period, contrasting with a net increase of CNY 2,768,683.11 in the previous period[26] Investments - The company plans to increase investment in research and development, leading to a 21.32% rise in management expenses[11] - Investment income for Q1 2018 was CNY 508,554.49, down from CNY 1,304,314.24 in Q1 2017[21] - Investment activities resulted in a net cash outflow of CNY 84,319,475.07, significantly higher than the previous period's outflow of CNY 6,966,790.97[26] - Cash inflow from investment activities was CNY 128,894,534.15, down from CNY 130,998,360.76 in the previous period[26] - Cash outflow from investment activities reached CNY 213,214,009.22, compared to CNY 137,965,151.73 in the previous period, marking an increase of 54.5%[26] Shareholder Information - The number of shareholders reached 21,695 at the end of the reporting period[10] - The company's total equity attributable to shareholders increased by CNY 21,663,973.18, reflecting a growth of approximately 3% compared to the previous period[15] Market Strategy - The company’s management indicated a focus on expanding market presence and enhancing product development in future quarters[22]