DHKJ(SH:600288)2017-04-27 16:00Financial Performance - Operating revenue for the period was CNY 532,938,633.19, representing an increase of 9.41% year-on-year [6]. - Net loss attributable to shareholders was CNY -11,103,925.23, an improvement from a loss of CNY -20,852,698.51 in the same period last year [6]. - The basic earnings per share were CNY -0.0254, compared to CNY -0.0477 in the same period last year [6]. - Total revenue for Q1 2017 was CNY 532,938,633.19, an increase of 9.4% compared to CNY 487,114,955.04 in the same period last year [31]. - Net loss for Q1 2017 was CNY 23,517,268.14, an improvement from a net loss of CNY 34,836,767.28 in Q1 2016 [32]. - The company's operating profit for Q1 2017 was CNY -35,427,782.46, compared to CNY -45,134,737.32 in the previous year, indicating a reduced loss [32]. - The total profit for Q1 2017 was CNY 16,578,638.95, an increase from CNY 13,338,954.82 in the previous year, representing a growth of approximately 24.5% [36]. - The net profit for Q1 2017 was CNY 16,578,638.95, compared to CNY 13,188,837.01 in the same period last year, indicating a year-over-year increase of about 25.5% [36]. - Basic and diluted earnings per share for Q1 2017 were both CNY 0.0380, up from CNY 0.0302 in Q1 2016, reflecting a growth of approximately 25.8% [36]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,025,247,718.13, a decrease of 1.66% compared to the end of the previous year [6]. - As of March 31, 2017, total current assets amounted to 2,007,996,983.41 RMB, a decrease from 2,068,494,752.31 RMB at the beginning of the year [23]. - The company's cash and cash equivalents decreased to 468,681,627.59 RMB from 653,944,359.80 RMB at the beginning of the year, representing a decline of approximately 28.2% [23]. - Accounts receivable stood at 502,184,932.29 RMB, down from 561,992,785.09 RMB, indicating a reduction of about 10.6% [23]. - Inventory increased to 746,064,129.12 RMB from 631,032,150.62 RMB, reflecting an increase of approximately 18.3% [23]. - Total liabilities decreased to 1,184,260,615.93 RMB from 1,211,715,926.51 RMB, a reduction of about 2.3% [25]. - The total assets of the company were reported at 3,025,247,718.13 RMB, down from 3,076,220,296.85 RMB, indicating a decrease of approximately 1.7% [25]. - The company's equity attributable to shareholders was 1,494,704,084.30 RMB, slightly down from 1,505,808,009.53 RMB, a decrease of about 0.9% [25]. - Total liabilities for Q1 2017 were CNY 41,001,913.48, down from CNY 42,831,887.35 in the same period last year [29]. - The company's total equity increased to CNY 1,282,078,284.64 in Q1 2017, compared to CNY 1,265,499,645.69 in Q1 2016 [29]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY -143,242,648.68, compared to CNY -170,960,064.91 in the previous year [6]. - Cash inflows from operating activities totaled CNY 625,633,095.42, compared to CNY 540,812,398.85 in the previous year, marking an increase of about 15.7% [39]. - The net cash flow from operating activities was -CNY 143,242,648.68, an improvement from -CNY 170,960,064.91 in Q1 2016, showing a reduction in losses of approximately 16.3% [39]. - The company reported a net cash outflow from investing activities of CNY -8,413,273.40, reflecting increased investments [17]. - Cash outflows from investing activities amounted to CNY 8,418,812.20, compared to CNY 5,810,001.97 in the previous year, representing an increase of about 44.5% [39]. - The net cash flow from financing activities was -CNY 34,374,019.19, primarily due to the repayment of bank loans [18]. - Cash inflows from financing activities were CNY 47,500,000.00, slightly up from CNY 46,500,000.00 in the previous year, indicating a growth of about 2.1% [40]. - The net cash flow from financing activities was -CNY 34,374,019.19, worsening from -CNY 24,560,284.21 in Q1 2016, reflecting an increase in cash outflows of approximately 39.9% [40]. - The ending cash and cash equivalents balance was CNY 464,942,911.59, compared to CNY 404,946,515.79 at the end of Q1 2016, showing an increase of about 14.8% [40]. - The company received tax refunds of CNY 12,160,601.35, up from CNY 10,882,169.63 in the previous year, indicating a growth of approximately 11.8% [39]. Shareholder Information - The number of shareholders at the end of the reporting period was 55,719 [10]. - The controlling shareholder's shares have been under judicial freeze since November 9, 2015, affecting 129,960,000 shares [19]. - There are no overdue commitments or significant changes in net profit forecasted for the year compared to the previous year [20]. Investment Income - Investment income rose by 86.51% to CNY 16,017,296.40, attributed to higher profits from joint ventures [15]. - Investment income for Q1 2017 was CNY 16,017,296.40, significantly higher than CNY 8,587,817.54 in the previous year [32]. - The company reported a decrease in sales expenses to CNY 66,682,952.15 in Q1 2017 from CNY 64,822,582.02 in Q1 2016, reflecting improved cost management [32].