SHGBIT(SH:603918)2018-04-27 16:00Financial Performance - Operating revenue increased by 1.21% to CNY 86,038,001.84 compared to the same period last year[5] - Net profit attributable to shareholders of the listed company was CNY 303,318.97, a significant recovery from a loss of CNY 3,745,957.93 in the previous year[5] - Basic and diluted earnings per share improved to CNY 0.0017 from a loss of CNY 0.0213 in the previous year[5] - Total revenue for Q1 2018 was CNY 86,038,001.84, a slight increase of 1.2% compared to CNY 85,013,204.47 in the same period last year[32] - Net profit for Q1 2018 was CNY 303,318.97, a significant recovery from a net loss of CNY 3,745,957.93 in the previous year[33] - Operating revenue for Q1 2018 was CNY 80,544,077.94, a decrease of 1.52% from CNY 81,778,430.56 in the previous year[35] - Net profit for Q1 2018 was a loss of CNY 444,694.10, compared to a loss of CNY 4,073,637.60 in the same period last year, showing an improvement[36] - Total comprehensive income for Q1 2018 was CNY -444,694.10, an improvement from CNY -4,073,637.60 in the same period last year[36] Assets and Liabilities - Total assets decreased by 6.30% to CNY 903,426,462.83 compared to the end of the previous year[5] - Total assets as of March 31, 2018, amounted to CNY 872,180,986.72, down from CNY 923,272,649.73 at the beginning of the year[31] - Current liabilities decreased to CNY 371,124,319.05 from CNY 421,771,287.96, indicating a reduction of approximately 12%[31] - Cash and cash equivalents decreased by 53.39% compared to the beginning of the period, primarily due to increased operational expenditures such as payments for goods, taxes, salaries, and year-end bonuses[11] - Cash and cash equivalents decreased to CNY 111,450,503.95 from CNY 258,851,879.38, a decline of approximately 56.9%[29] - The company's total equity as of March 31, 2018, was CNY 501,056,667.67, slightly down from CNY 501,501,361.77 at the beginning of the year[31] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 143,274,138.58, compared to a net outflow of CNY 94,019,193.76 in the previous year[5] - Net cash flow from operating activities was -143,274,138.58 RMB, primarily due to increased cash outflows for purchasing goods and services, as well as salary payments and year-end bonuses[20] - Cash flow from operating activities was significantly impacted by increased cash outflows, leading to a net cash flow deficit[42] - Net cash flow from investing activities was -2,587,209.46 RMB, mainly due to increased fixed asset purchases and development expenditures compared to the previous year[20] - Net cash flow from financing activities decreased by 210.98% compared to the previous year, primarily due to less capital injection from the stock incentive plan this year[20] - Cash inflow from financing activities was $3,719,400.00, down from $24,384,750.00 in the previous period, reflecting a decrease of 84.7%[43] - Net cash flow from financing activities was -$7,897,737.50, contrasting with a positive net flow of $7,116,500.00 in the prior period[43] Shareholder Information - The number of shareholders reached 19,411 at the end of the reporting period[10] - The largest shareholder, Jin Guopei, holds 29.69% of the shares, with 52,656,000 shares pledged[10] Operational Metrics - Cash paid for purchasing goods and services increased to $188,060,791.25 from $124,410,373.38, marking a 50.9% rise[42] - Cash paid to employees rose to $37,030,430.93 from $30,107,297.89, an increase of 22.9%[42] - Sales expenses increased to CNY 17,437,827.81 from CNY 15,615,711.22, reflecting a rise of approximately 11.6%[35] - Financial expenses improved to CNY -376,626.46 from CNY 160,968.74, indicating a reduction in costs[35] Other Income - Non-recurring gains and losses amounted to CNY 220,555.63, primarily from government subsidies[8] - The company received government subsidies totaling CNY 259,491.01 related to its shipping big data judicial service platform[6] - The company reported other income of CNY 259,491.01 for Q1 2018, with no previous year comparison available[36]