CGA(SH:600297)2019-04-29 16:00Financial Performance - Net profit attributable to shareholders was approximately ¥801.31 million, down 28.36% year-on-year[12]. - Operating revenue for the period was approximately ¥37.30 billion, representing a decline of 5.49% compared to the same period last year[12]. - Basic earnings per share decreased to ¥0.10, down 28.57% from ¥0.14 in the previous year[14]. - The weighted average return on net assets was 2.14%, a decrease of 0.97 percentage points compared to the previous year[12]. - The company's net profit for the year is not expected to incur significant changes compared to the previous year[33]. - The net profit for the current period is approximately ¥975 million, a decrease of 27% compared to ¥1.335 billion in the previous period[55]. - The net profit attributable to the parent company's shareholders is approximately ¥801 million, down from ¥1.119 billion, representing a decline of 28.4%[55]. - The total comprehensive income for the current period is approximately ¥1.093 billion, compared to ¥1.499 billion in the previous period, reflecting a decrease of 27.1%[55]. - Basic and diluted earnings per share for the current period are both ¥0.10, down from ¥0.14 in the previous period[55]. - The other comprehensive income after tax for the current period is approximately ¥118 million, compared to ¥164 million in the previous period, indicating a decline of 28%[55]. Cash Flow - Net cash flow from operating activities was approximately -¥11.03 billion, showing a slight improvement of 0.45% year-on-year[12]. - Cash inflow from operating activities totaled ¥46,664,610,828.33, a decrease of 3.85% compared to ¥48,551,751,222.57 in the same quarter of 2018[66]. - Net cash outflow from operating activities was ¥11,025,563,484.03, slightly improved from ¥11,075,924,601.13 in Q1 2018[66]. - Cash inflow from investment activities amounted to ¥7,353,590,182.62, down 39.06% from ¥12,251,689,079.02 in the previous year[68]. - Net cash flow from investment activities was ¥6,400,262,207.73, significantly higher than ¥2,949,699,052.24 in Q1 2018[68]. - Cash inflow from financing activities reached ¥17,926,756,720.27, compared to ¥11,732,241,093.45 in the same quarter of 2018[68]. - Net cash flow from financing activities was ¥5,171,212,587.91, a turnaround from a net outflow of ¥4,423,581,177.84 in Q1 2018[68]. - The ending cash and cash equivalents balance was ¥11,960,383,506.64, up from ¥7,349,323,913.95 at the end of Q1 2018[68]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥136.46 billion, a decrease of 3.56% compared to the end of the previous year[12]. - The company's total assets amounted to RMB 136.46 billion, a decrease from RMB 141.49 billion at the end of 2018[39]. - The company's cash and cash equivalents decreased to RMB 18.93 billion from RMB 25.37 billion at the end of 2018, representing a decline of approximately 25.5%[36]. - The company's total current liabilities decreased to RMB 66.86 billion from RMB 76.26 billion, a reduction of about 12.5%[40]. - Long-term borrowings increased to RMB 16.87 billion from RMB 13.34 billion, reflecting a growth of approximately 26.5%[40]. - The company's total equity increased to RMB 47.07 billion from RMB 46.18 billion, showing a growth of about 1.9%[40]. - The company's total liabilities decreased by 40.03% in accounts payable and notes payable, primarily due to the maturity of notes payable[24]. - Total liabilities reached RMB 95,307,751,071.90, with current liabilities accounting for RMB 76,261,679,898.07[81]. - The company's total equity was RMB 46,184,809,980.28, showing a decrease of RMB 207,476,624.28 due to adjustments in retained earnings and other comprehensive income[81]. Shareholder Information - The total number of shareholders at the end of the reporting period was 40,839[18]. - The largest shareholder, Xinjiang Guanghui Industrial Investment (Group) Co., Ltd., held 32.64% of the shares, with 1,558,162,000 shares pledged[18]. Government Subsidies and Other Income - The company received government subsidies amounting to approximately ¥41.03 million, which are closely related to its normal business operations[14]. - Non-operating income and expenses resulted in a net loss of approximately ¥54.15 million for the period[14]. Investment and Financing Activities - The company completed a share buyback of 34,007,932 shares, representing 0.42% of the total share capital, at an average price of CNY 6.12 per share, totaling CNY 208,113,744.60[28]. - The company issued bonds totaling CNY 10 billion with a coupon rate of 7.50% as part of a larger plan to issue up to CNY 40 billion in bonds[28]. - The financial expenses increased by 40.43% to CNY 72,953.30 million, primarily due to an increase in interest expenses from larger financing activities[24]. - The investment income rose significantly by 222.60% to CNY 3,113.27 million, driven by increased returns from financial assets and investment products[24]. - The company reported a loss of CNY 1,798.23 million from asset disposals, which was a significant increase compared to the previous year[24].