DHGF(SH:600257)2017-04-28 16:00Financial Performance - Operating revenue increased by 13.24% to CNY 195,143,745.19 year-on-year[6] - Net profit attributable to shareholders increased by 55.13% to CNY 5,499,789.43 compared to the same period last year[6] - The company reported a decrease in short-term borrowings to CNY 37,100,000.00 from CNY 121,100,000.00, a reduction of about 69.3%[16] - Total operating revenue for Q1 2017 was ¥195,143,745.19, an increase of 13.5% compared to ¥172,330,290.54 in the same period last year[22] - Net profit for Q1 2017 was ¥6,143,699.35, a decrease of 31.5% from ¥9,025,412.88 in Q1 2016[23] - The net profit attributable to shareholders of the parent company was ¥6,333,984.51, compared to ¥5,690,928.89 in the previous year, reflecting an increase of 11.3%[23] Cash Flow and Liquidity - Cash flow from operating activities showed a loss of CNY 118,289,867.70, worsening by 37.16% compared to the previous year[6] - The company’s cash flow from operating activities showed a positive trend, indicating improved liquidity management[27] - Cash inflow from sales of goods and services was CNY 185,260,912.86, an increase of 7.35% from CNY 172,994,783.09 in the previous period[29] - Net cash outflow from operating activities was CNY -118,289,867.70, worsening from CNY -86,244,329.10 in the previous period[29] - The ending cash and cash equivalents balance was CNY 66,151,838.10, down from CNY 133,815,518.64 in the previous period[30] - Cash inflow from operating activities totaled CNY 28,232,582.48, a decrease of 17.1% from CNY 34,036,154.47 in the previous period[31] Assets and Liabilities - Total assets decreased by 5.24% to CNY 1,589,427,062.51 compared to the end of the previous year[6] - Total liabilities decreased to CNY 246,890,020.70 from CNY 341,188,346.43, indicating a decline of around 27.6%[16] - Current liabilities decreased to CNY 211,485,272.02 from CNY 305,345,972.47, a reduction of about 30.7%[16] - Current assets decreased to CNY 833,315,795.66 from CNY 991,851,354.10, representing a reduction of about 16%[15] - Cash and cash equivalents decreased significantly to CNY 66,151,838.10 from CNY 346,686,948.66, a decline of about 80.0%[15] Shareholder Information - The number of shareholders reached 35,765 at the end of the reporting period[10] - The largest shareholder, Tibet Hongshan Technology Development Co., Ltd., holds 21.74% of the shares[10] Expenses and Costs - Sales expenses increased by 24.89% to CNY 11,210,152.69 due to higher advertising expenditures[13] - Total operating costs for Q1 2017 were ¥188,999,781.00, up 14.1% from ¥165,615,034.48 in Q1 2016[22] Inventory and Investments - Inventory increased to CNY 559,835,491.73 from CNY 493,842,186.61, showing a growth of approximately 13.36%[15] - Long-term investments remained stable with a slight increase in long-term equity investments to CNY 5,985,238.35, unchanged from the previous period[15] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[27]