通程控股(000419) - 2018 Q1 - 季度财报

Important Notice The company's board, supervisors, and senior management, along with key financial officers, collectively affirm the truthfulness, accuracy, and completeness of this quarterly report and its financial statements - The company's Board of Directors, Board of Supervisors, and all directors, supervisors, and senior management guarantee the truthfulness, accuracy, and completeness of this quarterly report, ensuring no false records, misleading statements, or material omissions[4] - Zhou Zhaoda (Person in Charge), Li Xi (Head of Accounting), and Wei Yuxi (Head of Accounting Department) declare that the financial statements in this quarterly report are true, accurate, and complete[5] Company Overview Key Accounting Data and Financial Indicators In Q1 2018, operating revenue slightly increased by 0.57% to RMB 1.03 billion, and net profit attributable to shareholders grew by 33.15% to RMB 42.06 million, primarily driven by a 37.75% increase in non-recurring adjusted net profit; however, net cash flow from operating activities significantly decreased by 108.65% to negative RMB 303.11 million Key Financial Indicators for Q1 2018 | Indicator | Current Reporting Period | Prior Year Period | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue (RMB) | 1,029,535,357.86 | 1,023,669,973.85 | 0.57% | | Net Profit Attributable to Shareholders (RMB) | 42,064,217.10 | 31,592,327.86 | 33.15% | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Gains/Losses) (RMB) | 39,077,495.33 | 28,367,624.46 | 37.75% | | Net Cash Flow from Operating Activities (RMB) | -303,108,833.26 | -145,273,101.66 | -108.65% | | Basic EPS (RMB/share) | 0.0774 | 0.0581 | 33.22% | | Diluted EPS (RMB/share) | 0.0774 | 0.0581 | 33.22% | | Weighted Average ROE | 2.14% | 1.61% | 0.53% | | Indicator | End of Current Reporting Period | End of Prior Year | Change from Prior Year-End | | Total Assets (RMB) | 4,093,398,045.19 | 4,156,411,973.50 | -1.52% | | Net Assets Attributable to Shareholders (RMB) | 2,050,949,655.77 | 2,008,885,438.67 | 2.09% | Details of Non-Recurring Gains and Losses for Q1 2018 | Item | Amount from Year-Beginning to End of Reporting Period (RMB) | | :--- | :--- | | Gains/Losses from Disposal of Non-Current Assets | -40,551.47 | | Government Grants Recognized in Current Profit/Loss | 1,094,722.99 | | Gains/Losses from Entrusted Investment or Asset Management | 75,988.62 | | Gains/Losses from Entrusted Loans | 2,875,267.28 | | Other Non-Operating Income and Expenses | 36,959.35 | | Less: Income Tax Impact | 1,055,620.28 | | Less: Impact on Minority Interests (After Tax) | 44.72 | | Total | 2,986,721.77 | Shareholder Information As of the end of Q1 2018, the company had 28,743 common shareholders, with Changsha Tongcheng Industrial (Group) Co., Ltd. as the largest shareholder holding 44.33% of shares, of which 77 million shares are pledged - At the end of the reporting period, the company had 28,743 common shareholders[12] Top Ten Shareholders' Holdings | Shareholder Name | Shareholder Type | Shareholding Percentage | Number of Shares Held | Pledge or Freeze Status | | :--- | :--- | :--- | :--- | :--- | | Changsha Tongcheng Industrial (Group) Co., Ltd. | Domestic Non-State-Owned Legal Person | 44.33% | 240,972,484 | Pledged 77,000,000 | | Xiong Dehong | Domestic Natural Person | 1.72% | 9,344,512 | N/A | | Hunan Tianchen Construction Co., Ltd. | State-Owned Legal Person | 1.34% | 7,305,090 | N/A | | Li Zhihe | Domestic Natural Person | 1.19% | 6,493,645 | N/A | | Hunan Xingdian Group Co., Ltd. | Domestic Non-State-Owned Legal Person | 1.08% | 5,887,499 | N/A | | Zhu Xiaomei | Domestic Natural Person | 1.04% | 5,652,367 | N/A | | Li Yiming | Domestic Natural Person | 0.94% | 5,095,384 | N/A | | Ding Bixia | Domestic Natural Person | 0.88% | 4,782,107 | N/A | | Tao Meiying | Domestic Natural Person | 0.80% | 4,363,078 | N/A | | Changsha Water Group Co., Ltd. | State-Owned Legal Person | 0.69% | 3,748,290 | N/A | Significant Matters Changes and Reasons for Key Financial Data During the reporting period, net cash flow from operating activities decreased by RMB 158 million (-108.65%) year-over-year, primarily due to a RMB 181 million increase in customer loans and advances within the comprehensive investment business; net cash flow from investing activities significantly increased by RMB 334 million year-over-year, mainly due to the recovery of RMB 190 million in entrusted loans and RMB 20 million in structured deposits from the prior year - Net cash flow from operating activities decreased by 108.65% compared to the prior year period, primarily due to the rapid development of the company's comprehensive investment segment, leading to a RMB 181 million net increase in customer loans and advances compared to the prior year period[16] - Net cash flow from investing activities significantly increased compared to the prior year period, mainly due to the recovery of RMB 190 million in entrusted loans and RMB 20 million in matured structured deposits issued in the prior year, whereas RMB 120 million in entrusted loans were issued in the prior year period[16] Investor Relations Activities From February to March 2018, the company engaged in multiple phone communications with individual investors, discussing company operations, business expansion, progress of Changsha Bank's IPO (an investee company), 2017 annual performance, and market value management Q1 2018 Investor Relations Activity Log | Reception Date | Reception Method | Recipient Type | Summary of Research/Communication Content | | :--- | :--- | :--- | :--- | | February 26, 2018 | Phone Communication | Individual | Company's Operating Performance and Business Development | | March 01, 2018 | Phone Communication | Individual | Progress of Changsha Bank IPO (Company's Investee) | | March 02, 2018 | Phone Communication | Individual | Company's 2017 Operating Performance | | March 05, 2018 | Phone Communication | Individual | Controlling Shareholder's Progress on Deepening Reforms | | March 09, 2018 | Phone Communication | Individual | Company's Overall Operating Performance in 2017 | | March 16, 2018 | Phone Communication | Individual | Suggestions on Company's Market Value Management | Other Significant Matters During the reporting period, the company had no significant matter progress, overdue unfulfilled commitments, major performance change warnings, securities or derivatives investments, illegal external guarantees, or non-operating fund occupation by the controlling shareholder requiring special disclosure - During the reporting period, the company had no significant matter progress, overdue unfulfilled commitments, performance warnings, securities investments, derivatives investments, illegal external guarantees, or controlling shareholder fund occupation[17][18][19][22][23]