DDMC(SH:600136)2017-04-28 16:00Financial Performance - Operating revenue rose by 89.90% to CNY 79,274,812.04 year-on-year[6] - Net profit attributable to shareholders decreased by 517.65% to a loss of CNY 1,842,502.59 compared to the same period last year[6] - Basic earnings per share dropped by 76.19% to CNY 0.0005[6] - The company reported a net profit of ¥1,524,683.04, down 35.58% from ¥2,366,762.75, mainly due to rising management expenses[11] - Net profit for Q1 2017 was CNY 1,170,994.21, compared to CNY 965,107.22 in the previous year, indicating a year-over-year growth of 21.3%[22] - The total comprehensive income attributable to the parent company was -2,558,637.71 yuan, compared to 462,895.86 yuan in the previous period[23] - The net profit for the period was -7,659,437.52 yuan, a decline from -5,097,877.69 yuan in the same period last year[28] Cash Flow - The net cash flow from operating activities was a negative CNY 236,448,785.93, compared to a negative CNY 59,148,907.51 in the previous year[6] - Cash received from operating activities totaled ¥94,593,680.55, a decrease of 51.56% compared to ¥195,274,271.48, impacted by collection cycles in the media business[12] - The company recorded a significant increase in sales revenue, with cash received from customers amounting to 94,593,680.55 yuan, compared to 195,274,271.48 yuan previously[29] - The net cash flow from operating activities was -$180.64 million, compared to -$44.32 million in the previous period, indicating a significant decline in operational cash flow[33] - Cash inflow from operating activities totaled $53.90 million, a substantial increase from $1.15 million in the prior period[33] - Cash outflow from operating activities increased to $234.54 million from $45.47 million, reflecting higher operational costs[33] Assets and Liabilities - Total assets increased by 8.36% to CNY 3,879,107,325.24 compared to the end of the previous year[6] - The total assets as of March 31, 2017, amounted to ¥3,879,107,325.24, up from ¥3,579,987,976.45 at the beginning of the year[13] - Total liabilities reached CNY 1,192,188,300.90, up from CNY 879,750,275.09, showing a rise in financial obligations[19] - Current assets totaled CNY 1,133,873,030.25, compared to CNY 891,321,492.63 at the start of the year, reflecting a growth of 27.2%[18] - The company reported a total equity of CNY 2,105,972,989.36, slightly down from CNY 2,113,632,426.88 at the beginning of the year[20] Shareholder Information - The total number of shareholders reached 20,803 at the end of the reporting period[10] - The largest shareholder, Wuhan Xinxing Hanyi Chemical Co., Ltd., holds 16.47% of shares, amounting to 80,262,230 shares[10] Expenses - Operating costs rose to ¥45,076,578.61, reflecting a 92.59% increase from ¥23,405,031.58 year-over-year, primarily due to increased media production activities[11] - The company’s financial expenses for Q1 2017 were CNY 13,351,887.22, significantly higher than CNY 2,064,697.02 in the previous year, indicating increased borrowing costs[22] - Management expenses increased to 8,043,201.01 yuan from 5,517,012.65 yuan, reflecting a rise of approximately 45%[27] - Financial expenses rose significantly to 6,302,925.27 yuan, compared to a gain of -1,045,907.46 yuan in the previous period[27] Investments and Financing - Long-term equity investments surged by 12,480.93% to ¥39,154,943.03 from ¥311,224.63, attributed to the recognition of external investment costs[11] - Short-term borrowings increased by 31.03% to ¥380,000,000.00 from ¥290,000,000.00, indicating new financing activities during the period[11] - The company plans to issue non-public corporate bonds not exceeding ¥600 million and short-term financing notes up to ¥900 million[12] - Long-term borrowings increased by 125.00% to ¥450,000,000.00 from ¥200,000,000.00, reflecting new financing activities[14] - The total cash inflow from financing activities was 390,000,000.00 yuan, down from 1,030,500,000.00 yuan in the previous period[30]