BOCO(SH:600289)2017-04-21 16:00Revenue and Profit - Total revenue for Q1 2017 was CNY 311,417,650.54, representing a 4.25% increase compared to CNY 298,715,915.57 in Q1 2016[7] - Net profit attributable to shareholders for Q1 2017 was CNY 7,530,769.22, up 5.12% from CNY 7,163,712.37 in the same period last year[7] - Total operating revenue for Q1 2017 was CNY 283,293,840.59, an increase of 16.06% compared to CNY 244,081,207.79 in the same period last year[28] - Operating profit for Q1 2017 reached CNY 133,590,910.64, up 58.93% from CNY 84,073,649.09 in Q1 2016[28] - Net profit for Q1 2017 was CNY 120,052,398.59, representing a 51.06% increase from CNY 79,458,350.58 in the previous year[29] - The company reported a total profit of CNY 133,391,565.93 for Q1 2017, up from CNY 87,382,125.12 in Q1 2016, marking a growth of 52.73%[28] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -152,085,696.41, showing an improvement from CNY -155,878,257.24 in the previous year[7] - Cash flow from operating activities was CNY 234,078,587.54, an increase from CNY 196,600,296.10 in the same quarter last year[31] - The net cash flow from operating activities was -152,085,696.41 RMB, a slight improvement from -155,878,257.24 RMB in the previous period, indicating a narrowing loss[32] - Total cash inflow from operating activities was 257,149,204.65 RMB, compared to 212,611,471.05 RMB in the previous period, reflecting a 20.9% increase[32] - Cash outflow from operating activities totaled 409,234,901.06 RMB, up from 368,489,728.29 RMB, representing an increase of 11.0%[32] - The cash flow from investing activities showed a net outflow of -13,845,642.69 RMB, slightly better than -14,646,487.94 RMB in the previous period[32] - Cash inflow from financing activities was 20,000,000.00 RMB, down from 30,000,000.00 RMB, indicating a decrease of 33.3%[32] - The net cash flow from financing activities was -12,360,068.75 RMB, a significant decline from a positive 28,001,718.75 RMB in the previous period[33] - The ending cash and cash equivalents balance was 1,830,193,076.08 RMB, compared to 841,497,026.03 RMB at the end of the previous period, showing a substantial increase of 117.0%[33] Assets and Liabilities - The total assets at the end of Q1 2017 were CNY 4,135,121,029.79, a slight decrease of 0.25% from CNY 4,145,560,380.88 at the end of the previous year[7] - Current assets totaled CNY 3,922,916,271.13, up from CNY 3,858,262,617.22 at the beginning of the year, reflecting a growth of 1.67%[20] - Total assets amounted to CNY 4,852,377,759.19, compared to CNY 4,781,584,835.77 at the start of the year, indicating an increase of 1.49%[21] - Total liabilities decreased to CNY 840,330,508.87 from CNY 889,589,984.04, a reduction of approximately 5.5%[21] - Owner's equity rose to CNY 4,012,047,250.32, up from CNY 3,891,994,851.73, representing an increase of 3.1%[21] Shareholder Information - The number of shareholders at the end of the reporting period was 51,630, with the largest shareholder, Yiyang Group, holding 32.89% of the shares[10] Expenses - Total operating costs for Q1 2017 were CNY 289,045,157.26, compared to CNY 284,523,331.61 in Q1 2016, indicating a marginal increase[25] - Management expenses decreased to CNY 53,220,515.07 from CNY 58,481,359.86 year-over-year, a reduction of 5.67%[28] - Financial expenses decreased significantly to CNY 1,357,205.61 from CNY 2,534,802.23, a decline of 46.3%[28] Investment and Development - The company reported a significant increase in development expenditures, rising by 104.06% to CNY 42,623,913.25 due to increased capitalized R&D investments[13] - Investment income for Q1 2017 was reported at -CNY 2,447,972.45, slightly improved from -CNY 2,785,443.57 in the previous year[28] Other Financial Metrics - Basic earnings per share for Q1 2017 were CNY 0.0119, down 6.30% from CNY 0.0127 in Q1 2016[7] - Earnings per share for Q1 2017 were CNY 0.0119, slightly down from CNY 0.0127 in Q1 2016[26] - The weighted average return on equity decreased to 0.23%, down 0.12 percentage points from 0.35% in the previous year[7] - Other current assets decreased by 51.98% to CNY 951,645.03, primarily due to a reduction in deductible input tax[13] - Accounts receivable increased to CNY 525,094,996.55 from CNY 453,559,023.29, reflecting a growth of 15.7%[19] - Inventory levels rose slightly to CNY 303,061,244.91 from CNY 297,192,495.74, an increase of 1.3%[20] - The company maintained a stable cash position with cash and cash equivalents at CNY 1,738,057,214.72, down from CNY 1,883,801,084.20[19] - The company reported a net profit increase, with retained earnings rising to CNY 1,685,161,626.76 from CNY 1,565,109,228.17, an increase of 7.66%[21] - The cash outflow for purchasing goods and services was 127,481,555.11 RMB, which is a significant increase from 78,124,667.43 RMB, reflecting a 63.1% rise[35] - The cash outflow for employee payments decreased to 29,187,216.52 RMB from 42,392,221.77 RMB, indicating a reduction of 31.1%[35]