*ST泛海(000046) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for the first quarter was ¥2,838,766,549.37, a decrease of 15.87% compared to the same period last year[7]. - Net profit attributable to shareholders increased by 249.42% to ¥1,518,615,271.75 from ¥434,611,797.67 year-on-year[7]. - Basic earnings per share rose by 249.64% to ¥0.2923, up from ¥0.0836 in the same quarter last year[7]. - Operating revenue decreased by 82.81% compared to the same period last year, totaling approximately 324.93 million[17]. - Operating costs also saw a significant decline of 84.37%, amounting to approximately 187.76 million[17]. Cash Flow - Net cash flow from operating activities improved by 126.66%, reaching ¥3,395,946,484.08, compared to a negative cash flow in the previous year[7]. - Net cash flow from operating activities increased by 126.66%, reaching approximately 3.40 billion[17]. - Net cash flow from investing activities decreased by 72.41%, totaling approximately -5.61 billion[17]. Assets and Liabilities - Total assets increased by 5.79% to ¥198,648,662,588.01 compared to the end of the previous year[7]. - Net assets attributable to shareholders grew by 5.90% to ¥21,252,845,046.97 from ¥20,069,475,888.35 at the end of the last year[7]. - Financial assets measured at fair value increased by 15.16% from the beginning of the period, reaching approximately 12.89 billion[16]. - Available-for-sale financial assets rose by 22.71% year-on-year, totaling approximately 27.47 billion[16]. - Short-term borrowings increased significantly by 32.25%, amounting to approximately 11.97 billion[17]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 38,155[11]. - The largest shareholder, China Oceanwide Holdings Group Co., Ltd., held 67.15% of the shares, amounting to 3,489,326,751 shares[11]. Investments - The company reported non-recurring gains of ¥1,070,874,541.96, primarily from investment income and government subsidies[8]. - The total initial investment cost for securities held by the company is approximately ¥1.77 billion, with a year-end book value of about ¥1.61 billion, resulting in a report period profit of ¥9.61 million[25]. - The company holds 57,401,000 shares of CITIC Limited (0267.HK), representing 0.20% of total shares, with a year-end book value of ¥505 million[23]. - The company has invested ¥324.98 million in Huiyuan Juice (1886.HK), holding 200 million shares, which accounts for 7.49% of total shares, with a year-end book value of ¥323.72 million[23]. - The company holds bonds worth ¥250.40 million, specifically the CK Hutchison bond (ISIN code US44841CAB00), with a year-end book value of ¥256.31 million and a report period profit of ¥2.66 million[23]. - The company has invested in various funds, including Baring European Loan Fund and M&G Optimal Income Fund, with total investments around ¥50.64 million each, showing a report period profit of approximately ¥765,516 and no loss reported[23]. - The company’s other securities investments total approximately ¥191.21 million, with a year-end book value of ¥148.41 million and a report period profit of ¥2.40 million[23]. Management and Operations - Management expenses increased by 34.55% year-on-year, primarily due to rising labor costs[17]. - The company does not engage in derivative investments during the reporting period[27]. - There are no non-operational fund occupations by controlling shareholders or related parties during the reporting period[30]. - The company has not conducted any research, communication, or interview activities during the reporting period[28]. - The company has no violations regarding external guarantees during the reporting period[29]. Future Plans - The company plans to raise approximately 18.25 billion HKD through a rights issue at a price of 1.10 HKD per share[18]. - Following the rights issue, the holding percentage of the subsidiary in China Pan-Asia International Financial will drop from approximately 72.24% to about 19.70%[19].