CBMT(SH:603099)2019-04-24 16:00Financial Performance - Operating revenue for the period was CNY 49,277,171.74, an increase of 14.57% year-on-year[11] - Net profit attributable to shareholders of the listed company was CNY -25,115,737.20, a decrease of 21.31% compared to the same period last year[11] - Basic earnings per share were CNY -0.09, a decrease of 25.00% from the previous year[11] - The weighted average return on net assets was -2.51%, improving by 0.63 percentage points year-on-year[11] - The company's net profit for Q1 2019 was -25,115,737.20 RMB, compared to -31,916,954.70 RMB in Q1 2018, showing an improvement of approximately 21.5% year-over-year[41] - The total profit for Q1 2019 was -25,112,143.40 RMB, an improvement from -31,985,219.45 RMB in Q1 2018, indicating a reduction in losses of approximately 21.5%[41] - The total comprehensive income for Q1 2019 was -25,115,737.20 RMB, compared to -31,916,954.70 RMB in Q1 2018, reflecting an improvement of about 21.5%[43] - The total comprehensive income for the period was -22,284,247.03 RMB, compared to -20,705,208.83 RMB in the previous period, indicating a decline[49] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,233,918,686.31, a decrease of 2.53% compared to the end of the previous year[11] - Current liabilities totaled CNY 141,718,093.76, compared to CNY 157,840,805.12 in the previous period, indicating a reduction of about 10.2%[29] - Non-current liabilities increased to CNY 105,599,832.26 from CNY 97,019,832.26, reflecting an increase of approximately 8.2%[29] - Total liabilities amounted to CNY 247,317,926.02, down from CNY 254,860,637.38, a decrease of about 3%[29] - Total equity attributable to shareholders was CNY 986,600,760.29, compared to CNY 1,011,067,018.83, showing a decline of approximately 2.4%[31] - Cash and cash equivalents were CNY 95,449,827.73, slightly down from CNY 96,157,005.77[35] - Accounts receivable increased to CNY 1,983,337.83 from CNY 879,406.37, indicating a significant growth of approximately 125%[35] - Inventory decreased to CNY 10,057,673.92 from CNY 10,352,131.68, a reduction of about 2.8%[35] - The company reported a retained earnings of CNY 364,413,383.80, down from CNY 389,529,121.00, reflecting a decrease of approximately 6.4%[31] Cash Flow - The net cash flow from operating activities was CNY -11,326,245.81, compared to CNY -39,266,649.06 in the same period last year[11] - Cash inflow from operating activities totaled 66,323,069.38 RMB, up from 49,211,655.25 RMB year-over-year, reflecting a 34.7% increase[49] - Cash outflow from investing activities was 24,824,373.71 RMB, significantly lower than 59,599,908.60 RMB in the previous year, showing a reduction of 58.4%[52] - Cash inflow from financing activities was 8,580,000.00 RMB, down from 51,690,000.00 RMB, representing a decrease of 83.4%[52] - The ending cash and cash equivalents balance was 141,488,366.53 RMB, compared to 63,428,494.26 RMB in the previous year, indicating a substantial increase[52] - The company reported a net cash increase of -28,324,193.68 RMB, compared to -47,280,772.50 RMB in the previous year, showing an improvement[52] - The cash flow from operating activities net amount was 6,252,452.44 RMB, a turnaround from -7,182,653.50 RMB in the same quarter last year[55] - The total cash inflow from operating activities was 47,033,438.20 RMB, down from 51,833,418.41 RMB, reflecting a decrease of 9.5%[55] - The company’s cash outflow for operating activities was 40,780,985.76 RMB, compared to 59,016,071.91 RMB in the previous year, indicating a reduction of 30.9%[55] Shareholder Information - The total number of shareholders at the end of the reporting period was 22,064[17] - The largest shareholder, Jilin Changbai Mountain Development and Construction (Group) Co., Ltd., held 59.45% of the shares[17] Other Financial Metrics - The company reported a government subsidy income of CNY -46,933.60 during the period[15] - The company reported a significant increase in trading financial assets, reaching RMB 10,038,667.53, compared to RMB 0.00 in the previous period[20] - Other receivables decreased by 56.98%, from RMB 27,224,880.45 to RMB 11,710,870.34, due to the recovery of state-owned resource compensation funds[20] - Prepayments dropped by 47.45%, from RMB 1,751,796.70 to RMB 920,544.06, attributed to a decrease in hotel room and ticket prepayments[20] - Employee compensation payable decreased by 32.34%, from RMB 45,742,039.05 to RMB 30,947,149.28, as performance bonuses were paid out[20] - Financial expenses increased by 133.76%, from RMB 77,032.77 to RMB 180,074.18, due to new loans leading to higher interest costs[20] - Cash flow from other operating activities surged by 250.88%, from RMB 5,764,324.91 to RMB 20,225,894.26, primarily from the recovery of state-owned resource compensation[20] - The company reported a significant drop in cash paid for acquiring fixed assets, intangible assets, and other long-term assets, decreasing by 75.17% from RMB 59,599,908.60 to RMB 14,797,373.71[21] - The company did not report any overdue commitments during the reporting period[22] - The company anticipates potential significant changes in net profit compared to the same period last year, but specific reasons were not disclosed[22]