AISINO CO.LTD.(SH:600271)2017-04-28 16:00Financial Performance - Operating revenue rose by 32.71% to CNY 548,714.68 million year-on-year[6] - Net profit attributable to shareholders decreased by 59.14% to CNY 14,793.49 million compared to the same period last year[6] - Basic earnings per share increased by 5% to CNY 0.21 per share[6] - The company's operating revenue for Q1 2017 was RMB 548,714.68 million, an increase of 32.71% compared to RMB 413,476.59 million in Q1 2016[14] - Operating profit for the quarter was ¥612,977,242.90, representing an increase of 10.9% from ¥552,528,892.39 in Q1 2016[29] - Net profit attributable to shareholders was ¥395,612,455.62, a rise of 7.3% compared to ¥368,601,525.49 in the previous year[29] - The net profit for the current period is ¥356,827,384.09, representing a 103.5% increase from ¥175,308,574.48 in the previous period[33] - The total profit for the current period is ¥418,178,194.97, up by 83.5% from ¥227,731,893.79 in the previous period[33] Assets and Liabilities - Total assets increased by 5.26% to CNY 1,869,319.65 million compared to the end of the previous year[6] - As of March 31, 2017, the total assets of the company amounted to CNY 18,693,196,509.50, an increase from CNY 17,759,112,589.68 at the beginning of the year[19] - The company's current assets totaled CNY 15,162,879,376.04, up from CNY 12,302,104,864.23 at the start of the year, reflecting a growth of approximately 23.5%[19] - The company's total liabilities were CNY 7,002,356,135.80, compared to CNY 6,721,435,326.45 at the beginning of the year, indicating an increase of about 4.2%[21] - Total liabilities stood at ¥3,300,734,919.78, slightly up from ¥3,288,831,467.02 year-over-year[25] - The company's total equity increased to ¥8,485,364,737.57, compared to ¥7,905,578,160.86 in the same period last year[25] Cash Flow - Cash flow from operating activities improved by 42.25%, reaching CNY -66,922.32 million[6] - The company reported a net cash flow from operating activities of RMB -66,922.32 million, an improvement of 42.25% from RMB -115,873.90 million in the previous year[15] - The cash flow from operating activities shows a net outflow of ¥669,223,159.75, an improvement from a net outflow of ¥1,158,738,958.46 in the previous period[35] - The cash flow from investing activities has a net outflow of ¥30,903,033.48, compared to a net outflow of ¥163,086,300.01 in the previous period[35] - The cash flow from financing activities resulted in a net inflow of ¥91,584,986.15, a significant recovery from a net outflow of ¥31,142,100 in the previous period[36] - The net increase in cash and cash equivalents for the period was $107,966,591.75, contrasting with a decrease of $707,376,162.76 in the prior period[38] Shareholder Information - The total number of shareholders reached 84,991 at the end of the reporting period[10] - The largest shareholder, China Aerospace Science and Industry Corporation, holds 39.80% of the shares[10] Operational Insights - Accounts receivable increased by 35.89% to RMB 185,795.14 million from RMB 136,720.02 million, attributed to business expansion[14] - Inventory rose by 77.21% to RMB 176,835.05 million, driven by increased stocking for channel sales and system integration business[14] - Sales expenses rose by 51.33% to RMB 17,430.67 million, primarily due to increased labor costs associated with business expansion[15] - The company’s development expenditure increased by 45.72% to RMB 7,159.44 million, reflecting a focus on accelerating industrial layout and R&D investment[14] - The company achieved a public value change income of RMB 26,731.77 million, marking a 100% increase compared to the previous period[15] Future Outlook - The company has not disclosed specific future outlook or guidance in this report[4] - The company is focusing on new product development and market expansion strategies, although specific details were not disclosed in the report[16]