ENC(SH:603869)2018-04-27 16:00Financial Performance - Operating revenue rose by 38.39% to CNY 461,015,441.61 year-on-year[4] - Net profit attributable to shareholders decreased by 123.51% to a loss of CNY 2,128,036.63 compared to the same period last year[4] - Basic earnings per share decreased by 133.33% to -0.01 CNY per share[4] - The company reported a net profit loss of CNY 2,392.33 million in the tourism business, primarily due to seasonal market conditions and ongoing project cultivation[4] - Net profit for Q1 2018 was a loss of CNY 17,737,217.55, compared to a profit of CNY 6,419,458.67 in Q1 2017[25] - The company's investment income for Q1 2018 was a loss of CNY 767,086.42, compared to a gain of CNY 1,211,060.26 in the same period last year[24] - The company reported a total comprehensive income of CNY 22,412,078.25 for Q1 2018, compared to CNY 18,493,257.40 in the same period last year[28] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 203,267,417.79, worsening by 5.62% year-on-year[4] - Cash inflow from operating activities totaled CNY 694,979,719.83, significantly higher than CNY 302,685,984.17 in the same period last year[31] - Cash outflow from operating activities was CNY 898,247,137.62, compared to CNY 495,145,967.87 in Q1 2017, indicating increased operational expenses[31] - Investment activities resulted in a net cash outflow of CNY -164,115,207.72, compared to CNY -152,855,182.35 in the previous year[32] - Financing activities generated a net cash inflow of CNY 201,571,796.41, a significant improvement from the outflow of CNY -80,642,017.84 in Q1 2017[32] - The net cash flow from operating activities was -$26,772,226.50, a significant decline compared to $6,731,077.41 in the previous period, indicating a negative performance in operational cash generation[35] - The net cash flow from financing activities was $119,722,136.67, a recovery from a negative cash flow of -$85,189,902.10 in the prior period, showing improved financing conditions[36] Assets and Liabilities - Total assets increased by 3.07% to CNY 6,345,707,104.51 compared to the end of the previous year[4] - The company's total assets as of March 31, 2018, amounted to CNY 4,770,806,638.20, an increase from CNY 4,614,728,571.07 at the beginning of the year[22] - The company's total liabilities increased to CNY 1,120,548,898.22 from CNY 987,961,020.95, representing a rise of 13.4%[22] - Long-term payables increased significantly by 31,771,709.75, a rise of 748.89%, mainly due to new financing lease liabilities[10] - Current assets totaled CNY 788,226,072.18, up from CNY 659,991,658.80 at the start of the year, reflecting a growth of 19.4%[20] Shareholder Information - The number of shareholders reached 19,096 by the end of the reporting period[6] - The top shareholder, Xin'ao Energy Supply Chain Co., Ltd., holds 34.96% of the shares, with 121,959,360 shares pledged[7] Operating Costs and Expenses - Operating costs rose to 296,923,691.28, up 102,316,762.90 or 52.58% compared to the same period last year, attributed to increased revenue scale[12] - Financial expenses surged to 17,457,660.93, an increase of 11,819,307.72 or 209.62%, mainly due to increased bank loans[12] - The company reported a significant increase in sales expenses, which rose to CNY 60,281,519.21 from CNY 56,962,462.15, an increase of 4.5%[24] - Cash paid for dividends and interest was $10,277,863.33, an increase from $5,189,902.10, reflecting a higher distribution to stakeholders[36] Other Financial Metrics - Non-recurring gains and losses totaled CNY 1,870,205.14 for the reporting period[5] - Development expenditures increased by 11,624,458.82, a rise of 32.41%, reflecting new R&D projects[10] - Prepayments increased by 268,836,485.90, representing an 85.67% increase, primarily due to increased advance payments for material purchases[12] - Accounts receivable decreased by 10,013,390.00, a decline of 32.14% compared to the beginning of the period, mainly due to the collection of bank acceptance bills[10]