Deluxe Family(600503)2018-04-27 16:00Financial Performance - Operating revenue for the current period was CNY 144,086,883.09, representing a significant decline of 78.90% year-on-year[6] - Net profit attributable to shareholders of the listed company was CNY 9,619,269.58, down 88.90% from the previous year[6] - Basic earnings per share decreased to CNY 0.0060, down 88.91% from CNY 0.0541 in the previous year[6] - The weighted average return on net assets fell to 0.27%, a decrease of 1.77 percentage points year-on-year[6] - Operating profit for Q1 2018 was CNY 11,919,472.37, a decrease of 87.8% compared to CNY 98,001,069.11 in the previous year[25] - Net profit for Q1 2018 was CNY 4,992,287.76, a decline of 94.0% from CNY 83,527,066.11 in Q1 2017[25] - Net profit for Q1 2018 was CNY -8,443,579.90, a significant decline from CNY 42,772,445.37 in the prior year[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,090,083,910.01, a decrease of 1.01% compared to the end of the previous year[6] - The company’s total assets decreased to CNY 6,090,083,910.01 from CNY 6,152,411,762.38 at the beginning of the year[20] - Total liabilities decreased to CNY 2,387,706,048.30 from CNY 2,455,026,188.43, indicating a reduction in financial obligations[20] - The company's total equity decreased slightly to CNY 3,723,663,855.99 from CNY 3,732,107,435.89, a drop of 0.2%[23] Cash Flow - The net cash flow from operating activities improved to CNY -76,174,352.77, a 73.10% increase compared to the same period last year[6] - Cash flow from operating activities for Q1 2018 was CNY -76,174,352.77, an improvement from CNY -283,223,993.09 in the same period last year[30] - Cash inflow from operating activities totaled CNY 223,607,020.92, compared to CNY 110,144,224.81 in the previous year[30] - Cash outflow from operating activities was CNY 299,781,373.69, down from CNY 393,368,217.90 in the prior year[30] - Cash flow from financing activities resulted in a net outflow of CNY -17,908,217.78, compared to a net inflow of CNY 833,968,055.55 in the previous year[31] - The ending cash and cash equivalents balance for Q1 2018 was CNY 399,590,177.72, down from CNY 667,311,043.36 in the previous year[31] Shareholder Information - The total number of shareholders at the end of the reporting period was 201,619[10] - The top shareholder, Shanghai Nanjing Group Co., Ltd., held 114,020,000 shares, accounting for 7.12% of the total shares[10] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 2,258,863.26, primarily from Chongqing Moxi Company[8] - The net profit from non-recurring gains and losses totaled CNY 2,020,984.19 after accounting for minority interests and tax effects[9] - Investment income fell by 75.97% to CNY 12,404,371.55 from CNY 51,630,650.49, primarily due to last year's dividends received from Xiamen Bank[14] Operating Costs and Expenses - Operating costs decreased by 83.49% to CNY 94,501,556.01 from CNY 572,354,309.67 year-on-year, primarily due to the reduction in operating revenue[13] - Management expenses increased by 31.12% to CNY 24,917,178.36, mainly due to increased R&D expenditures by the graphene company[13] - Financial expenses surged by 203.48% to CNY 14,810,524.47, attributed to increased interest payments on loans[13] Investment Activities - The company reported a cash increase of 75,680,720.08 CNY during the period, compared to an increase of 46,338,038.38 CNY in the previous period[33] - The total cash inflow from investment activities was 31,176,655.95 CNY, while cash outflow was 140,799,596.87 CNY, resulting in a significant net outflow[33]