NBTM(SH:600114)2016-04-25 16:00Financial Performance - Net profit attributable to shareholders rose by 18.36% to CNY 34,762,479.91, while net profit after deducting non-recurring gains and losses increased by 36.12% to CNY 33,970,270.73[7] - Operating revenue for the period was CNY 354,803,034.51, reflecting a growth of 4.42% year-on-year[7] - Basic and diluted earnings per share improved by 12.50% to CNY 0.09[7] - Total operating revenue for Q1 2016 was CNY 354.80 million, an increase of 4.99% from CNY 339.77 million in the previous period[32] - Net profit for Q1 2016 reached CNY 35.53 million, representing a 8.54% increase compared to CNY 32.68 million in the same period last year[32] - Total profit for Q1 2016 was CNY 37.16 million, up from CNY 28.08 million, reflecting a growth of 32.80%[35] Cash Flow - Net cash flow from operating activities surged by 80.33% to CNY 105,737,447.00 compared to the same period last year[7] - Cash inflow from operating activities was CNY 341.99 million, compared to CNY 306.32 million in the previous period, indicating a growth of 11.67%[38] - The net cash flow from operating activities for Q1 2016 was ¥156,579,578.81, a significant improvement compared to the previous year's net cash flow of -¥11,251,829.57[41] - Total cash inflow from operating activities reached ¥329,076,000.72, up from ¥199,438,001.05 in the same period last year, indicating a growth of approximately 65.2%[41] - Cash outflow from investing activities totaled ¥139,724,880.23, compared to ¥41,073,923.68 in the previous year, reflecting an increase of about 239.5%[41] Assets and Liabilities - Total assets increased by 6.39% to CNY 2,462,191,838.60 compared to the end of the previous year[7] - Current liabilities rose to CNY 670,738,245.74, compared to CNY 612,919,027.10, marking an increase of about 9.4%[25] - Non-current liabilities increased significantly to CNY 94,802,233.02 from CNY 43,321,400.72, reflecting a growth of approximately 119.5%[25] - The company's total equity rose to CNY 1,696,651,359.84, up from CNY 1,658,160,708.48, indicating a growth of about 2.3%[25] - The total liabilities increased to CNY 765,540,478.76 from CNY 656,240,427.82, marking a growth of about 16.7%[25] Shareholder Information - The total number of shareholders reached 24,878 by the end of the reporting period[10] - The largest shareholder, Muku Special Metal Industry Co., Ltd., holds 22.72% of the shares, totaling 88,770,000 shares[10] Government Subsidies and Non-Recurring Gains - The company received government subsidies amounting to CNY 2,281,390.33, which are closely related to its normal business operations[8] - Non-recurring gains and losses for the period totaled CNY 792,209.18, with significant contributions from government subsidies and other operational adjustments[8] Investment and Capital Changes - The company acquired land use rights for a key industrial plot in Ningbo, which is approximately 118 acres[15] - The registered capital of Ningbo Dongmu Jiaheng Investment Management Co., Ltd. was increased from ¥350 million to ¥600 million, with the company contributing ¥125 million[17] - The company’s non-public offering of shares was approved by the China Securities Regulatory Commission on April 13, 2016[18] Other Financial Metrics - Financial expenses decreased by 32.24% to ¥3,858,541.35 due to lower loan interest rates[14] - Investment income dropped by 93.32% to ¥104,133.74 compared to the same period last year due to reduced stock investment returns[14] - Other receivables increased by 176.61% to ¥73,758,698.47 due to payments for land acquisition[14] - Cash and cash equivalents increased by 48.32% to ¥210,003,925.87 due to increased bank loans[14] - Accounts receivable decreased by 31.36% to ¥114,901,174.49 as a result of using notes to pay off loans[14] - Inventory increased to CNY 92,398,732.66 from CNY 85,263,945.79, representing an increase of approximately 8.3%[28]