THGW(SH:600365)2018-04-13 16:00Financial Performance - Operating revenue increased by 9.42% to CNY 395,101,959.98 year-on-year[5] - Net profit attributable to shareholders rose by 22.51% to CNY 2,708,626.66 compared to the same period last year[5] - The net profit for the current period was ¥8,913,504.44, compared to ¥8,054,249.84 in the previous period, reflecting a growth of 10.7%[33] - Operating profit for the current period was ¥16,208,365.25, representing a 29.0% increase from ¥12,485,206.94 in the previous period[32] - Total operating revenue for the current period reached ¥395,101,959.98, an increase of 9.4% compared to ¥361,097,116.96 in the previous period[32] Cash Flow - Net cash flow from operating activities improved, with a reduction in outflow from CNY -46,959,987.79 to CNY -36,127,029.46[5] - Cash flow from operating activities showed a net outflow of ¥36,127,029.46, an improvement from the outflow of ¥46,959,987.79 in the previous period[38] - Total cash inflow from operating activities was 18,652,093.04 RMB, down 34.9% from 28,707,059.34 RMB year-over-year[41] - The company experienced a net decrease in cash and cash equivalents of -59,788,236.50 RMB for the quarter, compared to -51,978,340.08 RMB in the previous year[41] Assets and Liabilities - Total assets decreased by 14.44% to CNY 955,636,855.83 compared to the end of the previous year[5] - Total liabilities decreased from ¥355,343,522.58 to ¥185,204,239.00, a decline of approximately 47.8%[26] - Current liabilities increased from ¥349,912,488.02 to ¥180,219,635.47, a decrease of approximately 48.5%[25] - Non-current liabilities decreased from ¥5,431,034.56 to ¥4,984,603.53, a decline of approximately 8.2%[26] Shareholder Information - The number of shareholders reached 31,960 at the end of the reporting period[9] - The largest shareholder, Jilin Province Jixiang Jiade Investment Co., Ltd., holds 10.71% of the shares[9] Earnings Per Share - The company reported a basic earnings per share of CNY 0.01, unchanged from the previous year[5] - The basic and diluted earnings per share remained at ¥0.01 for both periods[33] Other Financial Metrics - The weighted average return on equity increased by 0.07 percentage points to 0.39%[5] - Financial expenses decreased by 77.43% to ¥619,722.44, resulting from reduced interest expenses[15] - Income tax expenses increased by 70.78% to ¥7,333,489.82 due to higher profits from subsidiaries[17] Operational Efficiency - Sales expenses increased to ¥21,355,655.55, up 8.3% from ¥19,722,095.43 in the previous period[32] - Management expenses decreased to ¥5,859,686.05, down 12.3% from ¥6,678,302.12 in the previous period[32] - Cash outflow for purchasing goods and services increased significantly to 38,031,100.71 RMB, compared to 9,114,643.68 RMB in the previous year, reflecting higher operational costs[41] Investment Activities - The company plans to acquire a 49% stake in Beijing Jiuyun Source E-commerce Co., Ltd., with the transaction details disclosed on February 24, 2018[20] Other Observations - The report indicates that the financial statements have not been audited[6] - The company has not disclosed any significant new product developments or market expansion strategies in this report[11]