ZBJT(SZ:000759)2018-05-02 03:46Financial Performance - The company's revenue for Q1 2018 was ¥4,346,647,470.02, representing a year-over-year increase of 1.21% compared to ¥4,294,547,114.78 in the same period last year [7] - Net profit attributable to shareholders decreased by 83.12% to ¥18,135,463.78 from ¥107,439,260.19 in the previous year [7] - The net profit excluding non-recurring gains and losses was ¥17,759,127.54, a significant improvement from a loss of ¥121,377,145.12 in the same period last year, marking a 114.63% increase [7] - The company achieved a total revenue of RMB 4.347 billion, representing a year-on-year increase of 1.21%, while the net profit attributable to shareholders decreased by 83.12% to RMB 18.1355 million [16] - Net profit for Q1 2018 was CNY 17,586,964.07, down 83.8% from CNY 108,461,714.87 in the previous year [40] - Operating profit for Q1 2018 was CNY 30,964,705.54, a decrease of 78.5% from CNY 143,825,510.93 in the previous year [40] Cash Flow - The net cash flow from operating activities increased by 45.81% to ¥594,295,840.82, up from ¥407,585,203.31 in the same period last year [7] - Total cash inflow from operating activities is ¥5,349,281,084.50, up from ¥5,202,246,374.72, reflecting a growth of approximately 2.83% [47] - Cash outflow from operating activities decreased to ¥4,754,985,243.68 from ¥4,794,661,171.41, indicating a reduction of about 0.82% [48] - The net cash flow from operating activities for the current period is ¥594,295,840.82, an increase of 46% compared to ¥407,585,203.31 in the previous period [48] - The net cash flow from financing activities was negative at -¥258,214,643.31, an improvement from -¥795,713,049.18 in the previous period [48] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,405,969,219.91, an increase of 8.39% from ¥7,755,078,743.49 at the end of the previous year [7] - The company's total liabilities increased to CNY 2,270,190,958.06 from CNY 1,428,192,552.02, indicating a significant rise in financial obligations [40] - The total current liabilities increased to CNY 5,135,535,117.93 from CNY 4,500,477,293.26, indicating a rise of approximately 14.1% [33] - The total liabilities of the company amounted to CNY 5,144,110,874.33, compared to CNY 4,509,153,049.66 at the beginning of the period, reflecting an increase of approximately 14.1% [33] Shareholder Information - The total number of shareholders at the end of the reporting period was 31,643 [10] - The largest shareholder, Wuhan Commercial Union Group Co., Ltd., holds 20.07% of the shares, with a total of 136,684,090 shares [10] Operational Metrics - As of the end of the reporting period, the company has a total of 1,128 retail outlets, including 173 hypermarkets, 730 supermarkets, 198 convenience stores, 10 department stores, and 17 appliance stores [16] - The company's investment income dropped significantly, with a 100.09% decrease due to the absence of returns from the asset securitization project in the same period last year [17] - The company reported a 79.86% decrease in other income due to reduced government subsidies [17] - The company plans to optimize its supply chain and enhance gross profit levels to stabilize its main business operations [22] - The company is undergoing a strategic adjustment to cope with rising fixed costs, including rent and labor expenses [22] Cash and Equivalents - Cash and cash equivalents increased by 63.92% to RMB 1.801 billion due to the receipt of prepayment for demolition compensation [17] - The cash and cash equivalents at the end of the period increased to ¥1,801,587,448.61 from ¥1,164,710,104.05, representing a growth of about 54.7% [48]