ZJJH(SH:600160)2017-04-27 16:00Financial Performance - Operating revenue rose by 22.60% to CNY 2.92 billion year-on-year[6] - Net profit attributable to shareholders increased significantly by 634.76% to CNY 184.02 million, compared to a loss in the same period last year[6] - Basic earnings per share improved by 557.89% to CNY 0.087 per share[6] - The company reported a 1360.82% increase in income tax expenses to ¥32.3 million, reflecting a significant rise in profits[12] - The company expects a significant increase in cumulative net profit for the year compared to the previous year, driven by favorable market conditions[13] - The company reported an operating profit of CNY 214,660,799.90, a turnaround from an operating loss of CNY 37,751,281.46 in the previous year[26] - The net profit for Q1 2017 reached CNY 66,977,244.41, compared to CNY 7,063,972.09 in Q1 2016, indicating a significant increase[29] - The total comprehensive income for Q1 2017 was CNY 66,977,244.41, compared to CNY 7,063,972.09 in Q1 2016[30] Assets and Liabilities - Total assets increased by 3.88% to CNY 12.32 billion compared to the end of the previous year[6] - The total assets as of March 31, 2017, were CNY 11,025,073,663.41, compared to CNY 10,827,335,173.12 at the beginning of the year, reflecting a growth of 1.8%[22] - Total liabilities increased to CNY 1,109,962,734.77 in Q1 2017, up from CNY 981,118,114.63 at the start of the year, representing a rise of 13.1%[22] - The total equity attributable to shareholders of the parent company was CNY 10,604,225,649.76, up from CNY 10,415,515,100.22, reflecting an increase of 1.8%[22] Cash Flow - Cash flow from operating activities surged by 160.83% to CNY 103.87 million[6] - The net cash flow from operating activities was CNY 103,871,408.31, an increase from CNY 39,824,076.49 in Q1 2016[33] - The net cash flow from investing activities was 39,511,481.15 RMB, a significant recovery from -46,721,792.67 RMB in the previous period[36] - Cash inflow from operating activities totaled 1,172,979,424.65 RMB, up from 870,743,681.57 RMB, reflecting a growth of approximately 34.7%[35] - Cash outflow from operating activities increased to 1,226,699,655.83 RMB from 1,047,588,788.14 RMB, representing a rise of about 17.1%[35] Shareholder Information - The total number of shareholders reached 66,550 by the end of the reporting period[9] - The largest shareholder, Juhua Group Company, holds 51.91% of the shares[10] Inventory and Receivables - Accounts receivable increased by 79.88% to ¥578.3 million due to increased operating income and exports[12] - Inventory rose by 32.07% to ¥843.1 million, primarily due to increased raw material reserves[12] - Accounts receivable rose significantly to CNY 722,381,044.74, compared to CNY 180,176,342.67 at the beginning of the year, indicating a growth of 300.5%[20] - Inventory increased to CNY 197,539,829.33 from CNY 163,617,555.31, marking a growth of 20.7%[21] Investment Income - Investment income surged by 2571.14% to ¥19.4 million, driven by increased investment dividends and financial product returns[12] - Investment income for Q1 2017 was CNY 18,551,164.11, compared to a loss of CNY 787,079.20 in Q1 2016[29] - The company received 14,916,000.00 RMB in investment income, a notable increase from 1,140,000.00 RMB previously[35] Other Operating Income - The company reported non-recurring gains totaling CNY 1.87 million during the quarter[8] - Other operating income decreased by 88.07% to ¥1.2 million, primarily due to a reduction in government subsidies[12]