IMIC(SZ:000516)2016-04-28 16:00Financial Performance - The company's operating revenue for Q1 2016 was ¥1,066,966,889.88, a decrease of 3.15% compared to ¥1,101,688,204.41 in the same period last year[8]. - Net profit attributable to shareholders was ¥53,950,416.00, down 44.67% from ¥97,504,235.98 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥62,157,940.23, representing a decline of 28.25% compared to ¥86,629,773.36 in the previous year[8]. - Basic and diluted earnings per share were both ¥0.07, down 50.00% from ¥0.14 year-on-year[8]. - The weighted average return on equity was 1.61%, a decrease of 4.33% from 5.94% in the previous year[8]. - The net profit attributable to shareholders decreased by 44.67% compared to the same period last year, primarily due to a reduction in fair value changes and investment income[16]. Cash Flow - The net cash flow from operating activities was -¥28,281,433.24, a significant decrease of 99.60% from -¥14,168,708.55 in the same period last year[8]. - Net cash flow from operating activities decreased by 99.60% compared to the same period last year, mainly due to a decrease in project deposits received by a subsidiary[16]. - Net cash flow from financing activities decreased by 139.61% compared to the same period last year, primarily due to a reduction in borrowings obtained by subsidiaries[16]. Assets and Shareholder Information - Total assets at the end of the reporting period were ¥5,173,411,258.38, down 2.63% from ¥5,313,355,883.87 at the end of the previous year[8]. - Net assets attributable to shareholders increased by 1.62% to ¥3,375,441,709.30 from ¥3,321,710,293.29 at the end of the previous year[8]. - The total number of common shareholders at the end of the reporting period was 85,500[12]. - The largest shareholder, Shaanxi Century New Yuan Management Co., Ltd., held 18.88% of the shares, amounting to 148,837,260 shares, which are pledged[12]. Liabilities and Expenses - Employee compensation payable decreased by 55.52% from the beginning of the year, mainly due to the payment of year-end bonuses[16]. - Tax payable decreased by 32.96% from the beginning of the year, primarily due to the payment of last year's corporate income tax and an increase in prepayment of corporate income tax for the current quarter[16]. Investment and Future Plans - The company plans to invest 200 million RMB to co-establish a life insurance company, holding a 20% stake in the registered capital[17]. - The company has committed to not selling its non-circulating shares for 60 months following the implementation of the share reform plan[19]. Fair Value and Investment Income - Fair value changes decreased by 161.51% compared to the same period last year, mainly due to fluctuations in financial assets measured at fair value[16]. - Investment income decreased by 154.90% compared to the same period last year, primarily due to investment losses from the disposal of financial assets measured at fair value[16]. Compliance - The company has no violations regarding external guarantees during the reporting period[25].