Sytech(SH:600183)2016-04-27 16:00Financial Performance - Operating income for the period reached CNY 1,894,349,958.63, reflecting a growth of 5.37% year-on-year[7] - Net profit attributable to shareholders increased by 35.36% to CNY 157,531,157.43 compared to the same period last year[7] - Basic earnings per share improved by 37.50% to CNY 0.11 per share[7] - Total operating revenue for Q1 2016 was CNY 1,894,349,958.63, an increase of 5.4% compared to CNY 1,797,732,885.66 in the same period last year[25] - Net profit for Q1 2016 reached CNY 154,399,263.12, representing a 29.5% increase from CNY 119,188,577.85 in Q1 2015[26] - Earnings per share for Q1 2016 were CNY 0.11, compared to CNY 0.08 in the same quarter last year, indicating a 37.5% increase[27] - The total comprehensive income for the first quarter of 2016 was approximately ¥287.12 million, compared to ¥91.70 million in the previous period, representing an increase of 212.5%[29] - Basic and diluted earnings per share for the first quarter were both ¥0.20, up from ¥0.06 in the same period last year, indicating a 233.3% increase[29] Cash Flow - Cash flow from operating activities rose significantly by 52.94% to CNY 223,136,379.41 compared to the previous year[7] - Net cash flow from operating activities increased by 52.94% to ¥223,136,379.41, driven by higher cash receipts from sales compared to the previous year[14] - Cash inflow from operating activities was approximately ¥2.22 billion, compared to ¥1.98 billion in the previous year, reflecting a growth of 12.1%[31] - The net cash flow from operating activities was ¥223.14 million, an increase of 52.8% from ¥145.90 million in the same period last year[32] - The company received cash from sales of goods and services amounting to approximately ¥2.22 billion, up from ¥1.97 billion in the previous year, marking a growth of 12.7%[31] - The company paid approximately ¥1.59 billion for purchasing goods and services, which is an increase from ¥1.44 billion in the previous year, reflecting a rise of 10.4%[32] Assets and Liabilities - Total assets increased by 1.93% to CNY 9,031,427,402.90 compared to the end of the previous year[7] - Current assets totaled ¥5,183,544,125.22, slightly up from ¥5,118,899,725.84, indicating a marginal increase of 1.27%[17] - Total liabilities amounted to ¥4,068,754,968.06, a slight increase from ¥4,054,681,730.45, reflecting a growth of about 0.35%[19] - The company's cash and cash equivalents rose to ¥867,468,462.93 from ¥772,339,882.91, representing an increase of 12.34%[17] - The company's retained earnings increased to ¥1,640,732,138.52 from ¥1,487,670,638.90, showing a growth of approximately 10.26%[19] - Total assets as of the end of Q1 2016 amounted to CNY 6,554,110,405.50, up from CNY 6,360,138,953.46, marking a growth of 3.1%[23] - Total liabilities decreased to CNY 1,976,833,053.90 from CNY 2,073,140,981.55, a reduction of 4.7%[23] - The company's long-term investments increased to CNY 2,443,961,316.21 from CNY 2,192,751,015.54, reflecting an increase of 11.4%[22] Investments and Expenses - The company's construction in progress increased by 72.56% to CNY 407,091,471.14 due to increased investment in projects[13] - Prepayments surged by 157.35% to CNY 8,453,007.93, indicating higher customer advance payments[13] - Management expenses increased by 53.36% to ¥129,193,251.07 due to increased R&D investment and bonuses related to self-operated profit growth[14] - Investment income rose by 220.79% to ¥1,519,397.14, primarily due to increased profits from associated companies[14] - The company reported an investment income of CNY 1,519,397.14, significantly higher than CNY 473,636.38 from the previous year[26] Financing Activities - Net cash flow from financing activities decreased by 53.47% to ¥18,820,865.46, mainly due to higher cash payments related to financing activities[14] - The company's cash flow from financing activities included cash received from borrowings of approximately ¥807.70 million, down from ¥980.33 million in the previous year, indicating a decrease of 17.5%[34]