CCS(SH:600180)2019-04-26 16:00Financial Performance - Net profit attributable to shareholders decreased by 8.76% to CNY 237,644,870.87 year-on-year[10] - Operating revenue declined by 35.35% to CNY 7,285,516,427.74 compared to the same period last year[10] - Basic earnings per share decreased by 8.67% to CNY 0.2338[10] - The net profit attributable to shareholders after deducting non-recurring gains decreased by 43.61% to CNY 198,824,116.39[10] - Total revenue for Q1 2019 was CNY 7,285,516,427.74, a decrease of 35.4% compared to CNY 11,268,696,305.02 in Q1 2018[43] - Net profit for Q1 2019 was CNY 237,644,870.87, compared to CNY 260,583,954.15 in Q1 2018, indicating a decline of 8.8%[47] - The total comprehensive income for Q1 2019 was ¥192,847,535.56, a decrease from ¥227,952,437.43 in Q1 2018[49] Assets and Liabilities - Total assets increased by 5.15% to CNY 21,659,914,880.18 compared to the end of the previous year[10] - The company's total current assets increased to CNY 5,418,374,958.83 from CNY 4,395,203,696.00 in the previous year[28] - The company's inventory increased by 59.56% to CNY 1,529,612,166.00 compared to the beginning of the period[22] - Total liabilities increased to ¥15.76 billion from ¥14.89 billion, indicating a growth of approximately 5.83%[37] - Total liabilities rose to CNY 5,689,530,818.04, up from CNY 4,900,273,157.76, marking an increase of 16.1%[43] - Current liabilities reached approximately $3.93 billion, including short-term borrowings of $300 million[75] Cash Flow - Net cash flow from operating activities improved significantly, increasing by 389.36% to CNY 1,497,433,283.67[10] - The company's cash flow from investment activities showed a net outflow of CNY 479,926,446.25, a decrease of 377.97% compared to the previous year[22] - Cash inflows from operating activities totaled ¥10,263,135,762.00 in Q1 2019, down from ¥14,313,711,223.33 in Q1 2018[54] - The company reported a significant decline in cash received from operating activities, totaling 1,512,854,569.34, down from 3,701,689,230.03, indicating a challenging operational environment[59] - Cash outflow for operating activities was 1,347,865,272.76, compared to 2,115,170,507.82, resulting in a net cash flow of 164,989,296.58, a sharp decline from 1,586,518,722.21[59] Shareholder Information - The total number of shareholders reached 19,676 by the end of the reporting period[16] - The largest shareholder, Zhengzhou Ruimaotong Supply Chain Co., Ltd., holds 49.90% of the shares, with 468,000,000 shares pledged[16] - The company's equity attributable to shareholders rose to ¥5.90 billion from ¥5.71 billion, an increase of approximately 3.31%[37] Expenses and Investments - The company's management expenses increased by 77.27% to CNY 92,380,370.54 due to increased talent acquisition[22] - The company's investment income increased by 139.79% to CNY 50,056,140.99 compared to the previous year[22] - The company reported a financial expense of CNY 102,354,284.66, down from CNY 140,195,789.38, a reduction of 27.0%[47] Other Financial Metrics - The weighted average return on net assets decreased by 0.76 percentage points to 4.10%[10] - The company's trading financial assets decreased by 52.96% to CNY 4,669,367.34 compared to the beginning of the period[22] - The company reported non-recurring gains of CNY 38,820,754.48 for the period[15]