FLDT(SH:600228)2019-04-29 16:00Financial Performance - Operating revenue for the current period was CNY 111,295,448, down 12.93% year-on-year[6]. - Net profit attributable to shareholders was CNY -2,811,872.78, representing a decrease of 868.00% compared to the previous year[6]. - Basic and diluted earnings per share were both CNY -0.0117, a decline of 880.00% year-on-year[6]. - The net profit for Q1 2019 was a loss of ¥1,774,162.69, compared to a profit of ¥2,499,557.92 in Q1 2018[25]. - The net profit for Q1 2019 was a loss of CNY 4,422,454.87, compared to a loss of CNY 2,195,406.66 in Q1 2018, indicating a worsening performance[28]. - The gross profit margin for Q1 2019 was approximately -1.25%, compared to a positive margin in Q1 2018[24]. Cash Flow - The net cash flow from operating activities was CNY -1,317,582.59, compared to CNY -4,240,126.96 in the same period last year[6]. - Net cash flow from operating activities improved by 68.93% to -¥1,317,582.59, mainly due to a substantial decrease in personnel placement costs compared to the same period last year[11]. - The cash flow from operating activities for Q1 2019 was a net outflow of CNY 1,317,582.59, an improvement from a net outflow of CNY 4,240,126.96 in Q1 2018[32]. - The cash inflow from operating activities in Q1 2019 totaled CNY 113,843,894.23, down from CNY 127,929,319.56 in Q1 2018[31]. - The cash outflow for operating activities in Q1 2019 was CNY 115,161,476.82, compared to CNY 132,169,446.52 in Q1 2018[32]. - The company reported a cash outflow of CNY 4,247,050.14 for investment activities in Q1 2019, compared to CNY 193,935.79 in Q1 2018[32]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 283,486,075, a decrease of 1.23% compared to the end of the previous year[6]. - Total liabilities decreased from ¥152,404,209.67 to ¥150,219,607.26, reflecting a reduction in short-term borrowings[17]. - The company's total equity as of March 31, 2019, was ¥133,266,467.74, down from ¥134,608,945.13 at the end of 2018[17]. - Total current assets amounted to 162,392,398.17, with cash and cash equivalents being a significant component[38]. - Total liabilities were reported at 152,404,209.67, with current liabilities comprising 117,970,354.47[39]. - The total assets of the company stood at 287,013,154.80, indicating a stable asset base[40]. Shareholder Information - The total number of shareholders at the end of the reporting period was 15,725[10]. - The largest shareholder, Jiangxi Changjiu Group Co., Ltd., held 25.58% of the shares, with 61,733,394 shares pledged[10]. - The top ten shareholders collectively held a significant portion of the company's equity, with the largest shareholder being a non-state-owned legal entity[10]. Expenses - Management expenses rose by 90.34% to ¥7,657,263.18, attributed to the one-time transfer of renovation costs after the adjustment of the Beijing office location[11]. - Research and development expenses for Q1 2019 were ¥4,603,413.19, a decrease of 16% from ¥5,474,192.18 in Q1 2018[24]. - The company incurred management expenses of CNY 4,517,609.71 in Q1 2019, significantly higher than CNY 2,036,032.43 in Q1 2018[27]. Financial Reporting - The report indicates that the financial statements have not been audited, ensuring the accuracy and completeness of the information provided[4]. - The company executed new financial instrument standards, adjusting the classification of certain financial assets, which may impact future financial reporting[40]. - The company implemented new financial instrument standards affecting the classification of financial assets, impacting reported figures[44].