XIIC(SZ:000159)2018-05-03 16:00Financial Performance - The company's operating revenue for Q1 2018 was ¥192,233,189.60, representing a 220.22% increase compared to ¥60,032,203.99 in the same period last year[7]. - The net profit attributable to shareholders was a loss of ¥14,576,148.83, an improvement of 25.61% from a loss of ¥19,594,288.52 in the previous year[7]. - The company's basic and diluted earnings per share improved to -¥0.0303, a 25.55% increase from -¥0.0407 in the same period last year[7]. - The company reported a net profit of -15,024,107.89 yuan for Q1 2018, compared to -20,287,407.37 yuan in the same period last year, showing an improvement of approximately 26.5%[38]. - The total profit for the company was -16,542,143.08 yuan, compared to -19,973,059.19 yuan in the same period last year, indicating a reduction in losses of approximately 17.9%[38]. Cash Flow - The net cash flow from operating activities improved to -¥18,214,694.46, a 75.73% increase compared to -¥75,046,706.02 in the same period last year[7]. - The company's operating cash flow improved by 75.73%, reaching -18,214,694.46 CNY compared to -75,046,706.02 CNY in the same period last year[16]. - The company reported a cash inflow from operating activities of 154,188,278.04 yuan, compared to 83,794,503.09 yuan in the previous year, representing an increase of about 84.3%[44]. - The total cash outflow from operating activities was 184,335,389.05 CNY, compared to 164,440,777.13 CNY in the same period last year[45]. - The company reported a cash outflow of 127,876,788.80 CNY for debt repayment during the quarter[46]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,856,486,761.96, down 5.97% from ¥3,037,869,009.50 at the end of the previous year[7]. - The total liabilities decreased from CNY 943,134,750.79 to CNY 798,282,865.90, showing a reduction of about 15.4%[32]. - The total equity attributable to shareholders of the parent company was CNY 2,060,972,569.21, down from CNY 2,083,031,553.57, a decrease of approximately 1.1%[32]. - The company's total assets decreased from CNY 2,113,874,997.34 at the beginning of the year to CNY 1,988,773,120.71 by the end of Q1 2018, reflecting a decline of approximately 5.9%[34]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 56,551[11]. - The largest shareholder, Qiantai Zhongsheng Equity Investment Co., Ltd., held 29.64% of the shares, amounting to 142,605,016 shares[11]. Investment Activities - The company’s investment income increased by 65.98% to ¥8,653,250.90, primarily due to higher long-term equity investment returns[15]. - Investment activities generated a cash flow of 10,008,268.37 CNY, a significant increase of 268.94% from -5,923,981.10 CNY year-on-year[16]. - The investment income from joint ventures and associates was 8,155,822.73 yuan, up from 4,406,873.32 yuan year-over-year, indicating a growth of approximately 84.5%[41]. Financial Expenses - The company reported a significant decrease in financial expenses, which rose to ¥11,115,283.59, a 125.90% increase due to exchange rate losses[15]. - The company incurred financial expenses of 11,115,283.59 yuan, which is a significant increase from 4,920,499.47 yuan in the previous year[38]. Other Comprehensive Income - The company's other comprehensive income improved from -CNY 23,908,584.90 to -CNY 31,507,606.20, indicating a worsening of approximately 31.8%[32]. - Other comprehensive income after tax attributable to the parent company was -7,599,021.30 yuan, compared to 1,567,771.90 yuan in the previous year, indicating a decline[38]. Inventory and Receivables - Accounts receivable increased from 107,034,032.03 CNY to 130,951,953.33 CNY, showing a growth of about 22.4%[29]. - Inventory levels decreased from 829,206,477.21 CNY to 743,455,623.87 CNY, a reduction of approximately 10.3%[29].