JJIT(SH:900929)2016-04-28 16:00Financial Performance - Net profit attributable to shareholders increased by 1.78% to CNY 14,105,384.69 year-on-year[7] - Operating revenue decreased by 6.77% to CNY 374,042,811.14 compared to the same period last year[7] - The gross profit margin for tourism and related services was 8.50%, a decrease of 1.41 percentage points year-over-year[17] - The company reported a total gross profit of CNY 31,696,505.96 for tourism and related services, down from CNY 36,000,000.00 in the previous year[17] - The company reported a net profit margin decline due to increased operating costs despite a decrease in total revenue[30] - The net profit for Q1 2016 was ¥17,775,630.14, representing an increase of 55.5% from ¥11,425,049.15 in the same period last year[33] - The total profit for Q1 2016 was ¥21,775,630.14, up from ¥14,025,049.15, marking a growth of 55.5% year-over-year[33] Revenue Breakdown - In Q1 2016, outbound tourism revenue decreased by 14.21% to CNY 208,520,203.55 compared to Q1 2015[17] - Inbound tourism revenue fell by 35.64% to CNY 8,730,921.43 year-over-year[17] - Domestic tourism revenue increased by 28.16% to CNY 25,030,606.31 compared to the same period last year[17] - Ticketing business revenue rose by 33.00% to CNY 89,124,330.55 year-over-year[17] - Total operating revenue for Q1 2016 was CNY 374,042,811.14, a decrease of 6.3% compared to CNY 401,195,957.04 in the same period last year[30] Asset and Liability Changes - Total assets decreased by 6.18% to CNY 1,684,861,271.73 compared to the end of the previous year[7] - Non-current assets totaled CNY 1,141,156,667.89, a decrease from CNY 1,248,632,047.45 at the beginning of the year, representing a decline of 8.6%[27] - Total liabilities were CNY 339,958,333.39, down from CNY 382,314,134.08, indicating a decrease of 11.0%[28] - Owner's equity totaled CNY 1,168,629,623.23, a decrease from CNY 1,226,657,247.18, representing a decline of 4.7%[28] - Current liabilities totaled CNY 169,180,517.10, a decrease from CNY 186,268,566.44, reflecting a reduction of 9.6%[27] Cash Flow Analysis - Net cash flow from operating activities was negative at CNY -26,565,343.24, compared to CNY -23,163,853.63 in the previous year[7] - Cash inflows from operating activities totaled ¥385,511,563.09, down from ¥412,690,201.21 in the previous year, reflecting a decrease of 6.6%[37] - The net cash flow from operating activities was -19,986,871.56 RMB, slightly worse than -18,401,275.40 RMB in the previous period, indicating ongoing operational challenges[40] - The ending balance of cash and cash equivalents was 235,701,481.93 RMB, up from 186,192,688.13 RMB in the previous period, indicating a slight improvement in cash reserves[39] Investment Performance - Investment income increased by 44.45% to CNY 22,171,803.56, mainly due to increased gains from the disposal of available-for-sale financial assets[13] - The company sold 1,500,000 shares of Pudong Development Bank, resulting in an investment gain of CNY 21,760,363.06[18] - Total cash inflow from investment activities was 177,634,701.39 RMB, significantly higher than 38,847,794.76 RMB in the previous period, showing increased investment recovery[38] - The net cash flow from investment activities was -22,687,005.61 RMB, a decrease from 8,690,755.69 RMB in the previous period, indicating a negative shift in investment performance[38] Shareholder Information - The number of shareholders reached 13,763 at the end of the reporting period[11] Other Financial Metrics - The weighted average return on equity decreased by 0.02 percentage points to 1.16%[7] - Other comprehensive income decreased significantly, primarily due to a decline in the fair value of available-for-sale financial assets[14] - The company reported a significant other comprehensive loss of ¥75,803,254.09 in Q1 2016, contrasting with a gain of ¥10,125,789.96 in the same period last year[32]