MFSP(SH:600235)2016-04-28 16:00Financial Performance - Operating revenue increased by 11.45% to CNY 365,974,889.02 year-on-year[6] - Net profit attributable to shareholders increased by 125.80% to CNY 2,518,621.66 compared to a loss of CNY 9,763,753.88 in the same period last year[6] - Basic earnings per share improved by 125.00% to CNY 0.007 from a loss of CNY 0.028 in the same period last year[6] - Operating profit was ¥1,373,888.18, a significant recovery from a loss of ¥9,774,402.60 in the same period last year[28] - Net profit for the period reached ¥2,310,254.57, compared to a net loss of ¥10,124,949.02 previously, indicating a turnaround[28] - The net profit attributable to the parent company's shareholders was ¥2,518,621.66, recovering from a loss of ¥9,763,753.88[28] Cash Flow - Cash flow from operating activities decreased significantly by 86.07% to CNY 2,497,841.79 compared to CNY 17,936,136.81 in the previous year[6] - The net cash flow from operating activities decreased significantly to ¥249.78 million, down 86.07% from ¥1,793.61 million in the same period last year[15] - Cash flow from operating activities generated a net cash inflow of 2,497,841.79 RMB, down from 17,936,136.81 RMB in the previous year, representing a decline of approximately 86%[35] - Cash flow from investing activities improved to ¥4,733.30 million, a 158.32% increase compared to a negative cash flow of ¥8,116.77 million last year[15] - Cash flow from investing activities showed a net inflow of 47,333,025.87 RMB, a significant improvement compared to a net outflow of -81,167,717.78 RMB in the same period last year[35] - The net cash flow from financing activities was negative at ¥7,288.82 million, a decrease of 148.20% from ¥15,122.31 million in the previous year[15] - Cash flow from financing activities resulted in a net outflow of -72,888,157.65 RMB, contrasting with a net inflow of 151,223,099.18 RMB in Q1 2015, indicating a shift in financing strategy[36] Assets and Liabilities - Total assets decreased by 2.44% to CNY 2,514,207,126.31 compared to the end of the previous year[6] - Non-current assets totaled ¥1,411,403.67 million, down from ¥1,439,933.51 million at the beginning of the year[19] - Total liabilities decreased to ¥1,244,243.39 million from ¥1,309,524.30 million at the beginning of the year[20] - Total assets decreased to ¥2,313,756,954.36 from ¥2,364,383,808.68, a decline of 2.1%[25] - Total liabilities decreased to ¥1,081,686,156.06 from ¥1,127,864,387.42, a reduction of 4.1%[25] - Current assets totaled ¥1,066,396,405.16, down from ¥1,090,621,046.52, a decrease of 2.2%[25] Shareholder Information - The number of shareholders reached 20,278 at the end of the reporting period[10] - The largest shareholder, Jiaxing Minfeng Group Co., Ltd., holds 35.36% of the shares[10] Operational Strategy - The company plans to focus on improving operational efficiency and reducing costs in the upcoming quarters to enhance profitability[32] - The company is exploring new investment opportunities to strengthen its market position and expand its product offerings[32] Other Financial Metrics - Operating tax and additional charges increased by 33.25% to ¥235.77 million, primarily due to an increase in value-added tax[13] - Investment income improved significantly, with a reduction in losses to ¥19.84 million, a 67.63% increase compared to a loss of ¥61.29 million last year[13] - Sales revenue from goods and services received cash of 315,358,337.59 RMB, a decrease of about 18% from 385,270,428.02 RMB in the previous year[35] - The total cash outflow from operating activities was 312,860,495.80 RMB, down from 367,334,291.21 RMB in Q1 2015, indicating a reduction of approximately 15%[35]