CJS(SH:600176)2016-04-26 16:00Financial Performance - Net profit attributable to shareholders increased by 93.66% to CNY 359.66 million year-on-year[7] - Operating revenue rose by 6.42% to CNY 1.76 billion compared to the same period last year[7] - Basic earnings per share increased by 52.87% to CNY 0.3253[7] - The company’s net profit after deducting non-recurring gains and losses increased by 97.28% to CNY 342.89 million[7] - The company reported a significant increase in income tax expenses by 37.99% from CNY 45,214,659.99 to CNY 62,390,503.05 due to higher profits[13] - The net profit for Q1 2016 reached CNY 361,816,531.25, compared to CNY 185,867,972.51 in the same period last year, representing a growth of approximately 94.5%[26] - The operating profit for Q1 2016 was CNY 428,086,192.50, up from CNY 217,068,654.21, indicating a year-over-year increase of about 97.1%[26] - The total profit for Q1 2016 was CNY 424,207,034.30, compared to CNY 231,082,632.50 in the previous year, marking an increase of about 83.7%[26] - The total comprehensive income for Q1 2016 was CNY 387,255,477.30, compared to CNY 260,604,574.25 in the previous year, representing an increase of approximately 48.5%[26] Cash Flow - Net cash flow from operating activities surged by 113.62% to CNY 642.27 million[7] - The net cash flow from operating activities for Q1 2016 was CNY 642,273,058.91, an increase from CNY 300,658,157.69 in the same period last year, showing a growth of about 113.3%[31] - Cash inflow from operating activities totaled 3,392,710,919.48 RMB, a substantial increase from 202,701,724.59 RMB year-over-year[34] - Cash outflow from operating activities reached 3,616,416,869.18 RMB, compared to 203,747,680.13 RMB in the previous period[34] - The net cash flow from investing activities was -440,000,000.00 RMB, with no cash inflow recorded from investment activities[34] - Cash inflow from financing activities was 850,000,000.00 RMB, up from 600,000,000.00 RMB in the previous period[34] - The net cash flow from financing activities was 443,610,937.50 RMB, compared to 187,552,291.66 RMB in the previous period, showing a positive trend[34] Assets and Liabilities - Total assets decreased by 1.92% to CNY 23.62 billion compared to the end of the previous year[7] - The company's total assets amounted to CNY 23,620,763,542.91, down from CNY 24,083,628,180.15, a decrease of 1.92%[20] - The company's total current assets decreased from CNY 9,731,618,012.79 to CNY 9,059,187,666.26, reflecting a reduction in liquidity[18] - The total liabilities decreased by CNY 1,834,847,890.89, from CNY 4,659,799,201.89 to CNY 2,824,951,311.00, indicating a reduction in debt obligations[13] - Total liabilities decreased to CNY 13,440,696,612.37 from CNY 14,290,171,647.27, a decline of 5.95%[20] - The company's equity attributable to shareholders increased to CNY 10,103,249,822.04 from CNY 9,718,796,966.42, an increase of 3.96%[20] Shareholder Information - The total number of shareholders reached 53,691 at the end of the reporting period[10] - China National Building Material Co., Ltd. held 26.97% of shares, making it the largest shareholder[10] Investment and Expenses - Financial expenses decreased by 47.20% from CNY 208,569,551.25 to CNY 110,132,413.30, primarily due to a reduction in interest expenses following a decrease in the central bank's benchmark interest rate[13] - The cash paid for the acquisition of fixed assets and other long-term assets increased by 703.86% from CNY 41,518,039.52 to CNY 333,747,387.34, indicating a significant investment in long-term assets[13] - The company's sales expenses for Q1 2016 were CNY 64,543,290.83, up from CNY 62,218,152.38, indicating a slight increase of about 3.7%[26] - The company reported a decrease in management expenses to CNY 137,793,989.86 from CNY 139,499,835.43, a reduction of about 1.2%[26] Future Plans - The company plans to repurchase up to 5% of its total shares as part of a strategy to stabilize the capital market[15] - The company plans to focus on market expansion and new product development in the upcoming quarters[25]