GETM(SH:600232)2017-04-28 16:00Financial Performance - Net profit attributable to shareholders increased by 11.01% to CNY 4,123,260.10 year-on-year[9] - Basic earnings per share rose by 10.00% to CNY 0.011 per share[9] - The company reported no overdue commitments or significant changes in net profit compared to the previous year[16] - Net profit for Q1 2017 reached ¥4,345,493.78, an increase of 9.00% compared to ¥3,987,325.81 in Q1 2016[27] - The net profit attributable to shareholders of the parent company was ¥4,123,260.10, up from ¥3,714,217.91, reflecting a growth of 11.00%[27] - Earnings per share for Q1 2017 were ¥0.011, compared to ¥0.010 in Q1 2016, indicating a 10% increase[28] Revenue and Costs - Operating revenue decreased by 0.66% to CNY 202,768,058.41 compared to the same period last year[9] - Total operating revenue for Q1 2017 was ¥202,768,058.41, a decrease of 0.18% from ¥204,124,980.83 in Q1 2016[27] - Total operating costs for Q1 2017 were ¥195,381,026.67, down 1.06% from ¥198,441,952.18 in Q1 2016[27] Assets and Liabilities - Total assets decreased by 1.85% to CNY 1,641,122,686.99 compared to the end of the previous year[9] - Total current assets decreased from 1,262,187,463.54 RMB at the beginning of the year to 1,226,569,085.96 RMB[19] - Total liabilities decreased from 473,482,126.83 RMB to 438,121,353.77 RMB[21] - Total liabilities decreased to ¥311,349,303.75 in Q1 2017 from ¥346,153,355.48 in Q1 2016, a reduction of approximately 10.05%[27] - The company's equity increased from 1,198,655,839.44 RMB to 1,203,001,333.22 RMB[21] - Total equity increased slightly to ¥1,148,537,429.86 in Q1 2017 from ¥1,147,211,920.55 in Q1 2016[27] Cash Flow - The net cash flow from investment activities was -15,489,194.71 RMB, primarily due to increased equipment purchases[16] - The net cash flow from financing activities was -11,211,014.63 RMB, mainly due to significant repayment of bank loans from the previous year[16] - Cash inflow from operating activities decreased to ¥154,143,834.01 from ¥193,844,516.10, a decline of approximately 20.5%[33] - Net cash outflow from operating activities improved to -¥31,386,517.36 from -¥40,115,688.84, showing a reduction of about 21.5%[33] - Cash outflow for purchasing goods and services decreased to ¥113,690,530.97 from ¥168,972,539.21, a decrease of approximately 32.7%[33] - The company reported a net cash flow from financing activities of -¥11,211,014.63, compared to -¥49,280,733.33 in the previous period, indicating a significant reduction in financing costs[37] Shareholder Information - The number of shareholders reached 30,038 at the end of the reporting period[13] - The largest shareholder, Zhejiang Jinying Group Co., Ltd., holds 46.87% of the shares, with 170,952,293 shares pledged[13] Investment and Construction - Prepaid accounts increased by 187.92% to CNY 34,544,416.09 due to advance payments for new project equipment[15] - Construction in progress increased by 367.95% to CNY 14,952,801.69 mainly due to increased equipment purchases[15] Financial Expenses - Financial expenses increased by 55.43% to CNY 2,021,896.08 primarily due to exchange rate changes[15] Cash Management - The ending balance of cash and cash equivalents was ¥211,965,191.04, up from ¥154,795,972.98 in the previous period, representing an increase of approximately 36.9%[34] - The net cash and cash equivalents decreased by ¥58,114,432.51, compared to a decrease of ¥89,345,310.36 in the previous period, indicating an improvement in cash management[34]