TRT(SH:600085)2017-04-28 16:00Financial Performance - Operating revenue for the first quarter reached CNY 3,667,616,763.05, an increase of 11.87% year-on-year[6] - Net profit attributable to shareholders was CNY 293,904,008.95, reflecting a growth of 12.01% compared to the same period last year[6] - The net profit attributable to shareholders of the parent company was CNY 293,904,008.95, an increase of 12.06% compared to CNY 262,388,942.02 in the previous year[27] - Basic earnings per share for Q1 2017 were CNY 0.214, up from CNY 0.191 in Q1 2016[28] - Total comprehensive income for the first quarter of 2017 was CNY 147,175,754.96, compared to CNY 133,978,006.96 in the previous period, representing an increase of approximately 9.0%[30] Assets and Liabilities - Total assets increased by 3.13% to CNY 17,594,139,724.20 compared to the end of the previous year[6] - Total assets as of March 31, 2017, amounted to CNY 17,594,139,724.20, an increase from CNY 17,060,010,744.79 at the beginning of the year[20] - Total liabilities as of March 31, 2017, amounted to CNY 5,024,600,760.79, compared to CNY 4,981,684,136.67 at the beginning of the year[20] - Total liabilities for Q1 2017 were CNY 932,783,476.16, an increase from CNY 883,968,903.76 in the same period last year[23] - Total equity reached CNY 5,066,506,788.00, compared to CNY 4,919,331,033.04 in Q1 2016, reflecting a growth of 3.0%[23] Cash Flow - Cash flow from operating activities decreased by 4.02% to CNY 287,069,070.23 compared to the previous year[6] - Net cash flow from operating activities decreased to CNY 287,069,070.23 from CNY 299,087,091.85, a decline of approximately 4.0%[32] - Cash inflow from operating activities was CNY 3,197,924,258.44, up from CNY 3,062,442,918.54, indicating a growth of about 4.4%[31] - Cash outflow from investing activities totaled CNY 400,302,378.69, compared to CNY 124,801,358.39 in the previous period, reflecting a significant increase in investment spending[32] - Net cash flow from investing activities was negative at CNY -389,833,523.93, worsening from CNY -93,914,459.41 in the previous period[32] - Cash flow from financing activities resulted in a net outflow of CNY -9,048,870.89, compared to a net inflow of CNY 13,829,687.31 in the previous period, indicating a shift in financing strategy[32] Shareholder Information - The number of shareholders reached 66,981 by the end of the reporting period[10] - The largest shareholder, China Beijing Tongrentang (Group) Co., Ltd., holds 52.45% of the shares[10] Receivables and Prepayments - Accounts receivable increased significantly by 72.47% to CNY 1,596,727,348.05 compared to the end of the previous year[12] - Other receivables at the end of the period increased by 65.70% compared to the beginning of the year, primarily due to increased deposits for leased store spaces by subsidiaries[13] - Other current assets surged by 242.90% to CNY 281,193,510.56 compared to the previous year[12] - Prepayments decreased by 35.95% to CNY 167,263,401.91 compared to the end of the previous year[12] - Prepayments at the end of the period decreased by 35.95% compared to the beginning of the year, as goods corresponding to previously received advance payments from distributors have been delivered[13] Future Outlook - The company plans to continue expanding its market presence and invest in new product development to drive future growth[27]