HJINV(SZ:000633)2017-05-16 16:00Financial Performance - The company's operating revenue for Q1 2017 was ¥9,984,239.90, representing a 31.83% increase compared to ¥7,573,557.19 in the same period last year[7]. - The net profit attributable to shareholders was a loss of ¥7,571,255.55, an improvement of 22.81% from a loss of ¥9,808,440.21 in the previous year[7]. - The basic earnings per share were -¥0.0197, reflecting a 22.75% improvement from -¥0.0255 in the same period last year[7]. - Operating profit for the current period was -¥7,713,752.33, an improvement from -¥10,100,225.41 in the previous period[38]. - Net profit for the current period was -¥7,588,171.68, compared to -¥9,968,249.48 in the previous period, indicating a reduction in losses[39]. Cash Flow - The net cash flow from operating activities showed a significant increase of 1,190.58%, amounting to -¥98,056,699.33 compared to -¥7,597,856.80 in the same period last year[7]. - The net cash flow from operating activities was -¥98,056,699.33, compared to -¥7,597,856.80 in the previous period, indicating a significant decline in operational performance[46]. - Cash inflow from operating activities totaled ¥9,569,986.59, down from ¥10,195,768.13 in the previous period[45]. - The company reported a significant cash outflow of ¥12,495,314.56 from operating activities, compared to ¥10,485,112.34 in the previous period, indicating increased operational costs[48]. - The total cash inflow from investment activities amounted to ¥660,384,625.00, while cash outflow was ¥4,609.00, resulting in a net cash flow of ¥660,380,016.00 from investments[46]. Assets and Liabilities - The total assets at the end of the reporting period were ¥953,169,638.84, a decrease of 1.29% from ¥965,669,871.79 at the end of the previous year[7]. - The total liabilities decreased slightly to CNY 774,962,732.89 from CNY 779,874,794.16, with current liabilities totaling CNY 23,751,805.10, down from CNY 29,275,445.69[31]. - The equity attributable to shareholders of the parent company decreased to CNY 174,542,668.29 from CNY 182,113,923.83, reflecting a net loss in retained earnings[32]. - The total owner's equity decreased to CNY 178,206,905.95 from CNY 185,795,077.63, reflecting the overall financial performance in the first quarter[32]. - The total liabilities to equity ratio stands at approximately 4.35, indicating a high level of leverage[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,823[10]. - The top shareholder, Horgos Tonghai Equity Investment Co., Ltd., held 20.00% of the shares, amounting to 77,021,275 shares, with a pledge on 77,020,000 shares[10]. Operational Costs - The company's operating costs were ¥85.90 million, a slight increase of 3.06% from ¥83.35 million[15]. - Management expenses decreased by 19.79% to ¥70.59 million from ¥88.00 million[15]. - Total operating costs amounted to ¥17,697,992.23, slightly up from ¥17,673,782.60 in the previous period[37]. - Tax and additional fees amounted to ¥430,331.99, with sales expenses at ¥640,808.97, slightly up from ¥616,260.65[38]. Future Projections - The estimated cumulative net profit for the first half of 2017 is projected to be a loss of between ¥19.00 million and ¥13.00 million, indicating a potential increase in loss of 30.50% to 52.45% compared to the previous year[19]. - The company plans to terminate the non-public issuance of shares originally intended for acquiring 100% equity of Beijing Xiaoyun Dental Clinic[16]. Other Information - The company has not engaged in any securities or derivative investments during the reporting period[20][21]. - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[23][24]. - The company did not conduct an audit for the first quarter report, which may affect the reliability of the financial data presented[52].