JJIT(SH:900929)2018-04-26 16:00Financial Performance - The company reported a total revenue of CNY 315.55 million for the first quarter of 2018, a decrease of 7.14% compared to the same period last year[6]. - The net profit attributable to shareholders was CNY 14.30 million, reflecting a slight increase of 1.28% year-on-year[6]. - The company achieved an operating profit of CNY 20.60 million, representing a growth of 15.48% year-on-year[12]. - Total operating revenue for Q1 2018 was CNY 315,548,278.77, a decrease of 7.1% compared to CNY 339,795,649.61 in the same period last year[32]. - Net profit for Q1 2018 was CNY 13,666,018.84, slightly down from CNY 13,725,328.90 in the previous year, representing a decrease of 0.4%[33]. - The company reported a basic earnings per share of CNY 0.1079, up 1.28% from CNY 0.1065 in the same period last year[6]. Cash Flow - The net cash flow from operating activities was negative at CNY -16.75 million, compared to CNY -6.12 million in the previous year[6]. - Net cash flow from operating activities was -¥16,747,834.44, a decrease of 174.66% from -¥6,121,649.31, mainly due to payments for stock holdings[18]. - The cash flow from operating activities showed a net outflow of -¥16,747,834.44, worsening from -¥6,121,649.31 in Q1 2017[40]. - The cash and cash equivalents at the end of Q1 2018 were ¥222,142,876.19, down from ¥239,136,539.60 at the end of Q1 2017[41]. - The company reported cash inflow from the disposal of fixed assets and other long-term assets of $7,500.00, down from $18,800.00[43]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1.52 billion, down 5.34% from the end of the previous year[6]. - The total current assets decreased from 380,494,183.49 yuan at the beginning of the year to 357,377,664.93 yuan by the end of the reporting period, reflecting a decline of approximately 6.5%[25]. - The total non-current assets decreased from 1,222,545,190.87 yuan to 1,160,018,767.63 yuan, indicating a decline of about 5.1%[26]. - Total liabilities as of March 31, 2018, were CNY 215,939,082.72, down from CNY 244,150,983.91 at the start of the year, reflecting a reduction of 11.5%[31]. - The company's total equity as of March 31, 2018, was CNY 1,129,422,528.26, a decrease from CNY 1,154,859,473.81 at the beginning of the year, indicating a decline of 2.2%[31]. Investments and Income - The company reported a total investment income of 39,261.65 yuan from Meikailong, 14,442.08 yuan from Debang Co., and 31,988.57 yuan from Chengdu Bank during the first quarter of 2018[22]. - The company reported an investment income of ¥28,848,742.57, an increase of 22.9% from ¥23,491,427.67 in the previous year[36]. Operational Changes - The company actively restructured its outbound tourism business to adapt to market demands, focusing on free travel and brand expansion[19]. - The company successfully launched new inbound tourism products, achieving over 4,000 inbound tourists and generating significant revenue and positive reputation[20]. Shareholder Information - The company had a total of 13,459 shareholders at the end of the reporting period[11]. Other Financial Metrics - The gross margin for tourism and related businesses was 6.68%, a slight decrease of 0.02 percentage points compared to the previous year[21]. - Total comprehensive income decreased to -¥32,632,082.86 from ¥2,632,482.96, a decline of 1,337.56%, primarily due to a significant decrease in the fair value of available-for-sale financial assets[17].