CDXG(SH:600353)2017-04-27 16:00Financial Performance - Net profit attributable to shareholders increased by 38.49% to CNY 12,403,329.61 compared to the same period last year[6] - Operating revenue rose by 3.09% to CNY 260,249,323.35 compared to the same period last year[6] - The basic earnings per share rose by 38.18% to CNY 0.0228 compared to the same period last year[6] - Net profit for Q1 2017 reached CNY 18,184,792.93, representing a 8.0% increase compared to CNY 16,838,623.40 in Q1 2016[22] - The net profit attributable to shareholders of the parent company was CNY 12,403,329.61, up 38.5% from CNY 8,955,908.00 in the previous year[22] - Basic and diluted earnings per share for Q1 2017 were CNY 0.0228, compared to CNY 0.0165 in Q1 2016, marking a 38.5% increase[22] Assets and Liabilities - Total assets increased by 3.08% to CNY 1,638,177,480.72 compared to the end of the previous year[6] - Total current assets increased to CNY 1,302,961,037.56 from CNY 1,264,698,594.09, representing a growth of approximately 3.1%[16] - Total liabilities increased to CNY 412,110,021.66 from CNY 381,402,090.02, reflecting a growth of about 8.0%[17] - Total equity increased to CNY 1,226,067,459.06 from CNY 1,207,811,312.38, reflecting a growth of approximately 1.5%[17] - The company’s total liabilities and equity amounted to CNY 1,197,304,429.60, reflecting a slight decrease from the previous quarter[21] Cash Flow - Cash flow from operating activities improved significantly, with a net cash flow of CNY -19,678,141.81, an improvement from CNY -39,112,614.79 in the previous year[6] - Operating cash inflow totaled ¥190,271,321.99, down 13.0% from ¥218,611,285.85 in the previous period[27] - Operating cash outflow amounted to ¥209,949,463.80, a decrease of 18.5% compared to ¥257,723,900.64 last period[27] - Total cash inflow from operating activities was ¥135,335,346.35, up from ¥111,664,711.37 last period[30] - Net cash flow from operating activities improved to ¥9,834,417.22 from -¥4,621,745.37 last period[30] Investments and Other Income - The company received government subsidies that contributed to a significant increase in non-operating income, which rose by 945.65% compared to the same period last year[11] - The company reported investment income of CNY 371,150.69 for Q1 2017, compared to no investment income in the same period last year[21] Current Assets - Other current assets increased by 36.13% compared to the beginning of the year, mainly due to the purchase of bank wealth management products[11] - Accounts receivable rose to CNY 370,105,289.77 from CNY 306,287,222.03, marking an increase of about 20.9%[16] - Cash and cash equivalents decreased to CNY 309,958,585.07 from CNY 362,122,126.11, a decline of approximately 14.3%[15] - Inventory increased slightly to CNY 199,467,130.03 from CNY 198,608,513.50, a growth of about 0.4%[15] - Other current assets increased to CNY 152,764,942.50 from CNY 112,216,820.70, a rise of about 36.1%[16] Borrowings and Financing - Short-term borrowings increased by 200% compared to the beginning of the year, mainly due to increased bank loans by a subsidiary[11] - Short-term borrowings rose significantly to CNY 30,000,000.00 from CNY 10,000,000.00, an increase of 200%[16] - Cash flow from financing activities generated a net inflow of ¥19,725,795.83, compared to ¥240,000.00 in the previous period[28]