Routon(SH:600355)2016-04-19 16:00Financial Performance - Operating revenue rose by 14.98% to CNY 101,919,767.47 compared to the same period last year[7] - Net profit attributable to shareholders increased by 187.59% to CNY 1,486,037.71 compared to a loss of CNY 1,696,487.85 in the previous year[7] - Basic earnings per share decreased by 70% to CNY 0.003 compared to CNY 0.01 in the previous year[7] - Operating income decreased by 79.97% to ¥901,980.26, attributed to a reduction in government subsidies compared to the previous year[15] - Net profit for Q1 2016 reached ¥1,577,265.04, compared to ¥1,486,263.76 in the previous year, marking an increase of about 6%[28] - Operating profit for Q1 2016 was ¥493,380.58, a significant recovery from a loss of ¥2,594,352.47 in Q1 2015[28] Cash Flow - Cash flow from operating activities decreased by 158.32% to CNY -22,113,522.35 compared to the same period last year[7] - Net cash flow from operating activities was negative at -¥22,113,522.35, a decline of 158.32% due to delayed customer payments and increased procurement payments[16] - Operating cash inflow for Q1 2016 was CNY 100,957,320.12, down 22.7% from CNY 130,660,504.07 in the previous period[33] - Net cash outflow from operating activities was CNY -22,113,522.35, compared to a net inflow of CNY 37,919,377.25 in the same period last year[33] - Investment activities generated a net cash inflow of CNY 11,707,632.16, a significant improvement from a net outflow of CNY -325,914.41 in the previous year[34] - The net cash flow from financing activities was CNY 1,310,911.25, a decrease of 71.2% from CNY 4,557,600.00 in the previous year[34] Assets and Liabilities - Total assets increased by 1.56% to CNY 596,714,538.14 compared to the end of the previous year[7] - Total current assets increased to ¥416,955,827.86 from ¥403,256,606.74, reflecting a growth in receivables and prepayments[21] - Total liabilities increased to ¥197,615,993.95 from ¥190,008,502.64, with current liabilities accounting for the majority[23] - The company reported a total asset value of ¥596,714,538.14, up from ¥587,529,781.79 at the beginning of the year[22] - The company's total liabilities decreased to ¥157,429,253.35 from ¥168,718,378.06, a reduction of approximately 7%[26] - The total liabilities and equity combined amounted to ¥568,678,778.63, down from ¥580,572,883.41 in the previous year[26] Shareholder Information - The number of shareholders reached 52,485, with the top shareholder holding 15.08% of the shares[11] Other Financial Metrics - Prepayments increased by 103.01% to CNY 52,809,072.12 due to increased payments to suppliers[14] - Other receivables rose by 148.75% to CNY 2,334,909.52, attributed to increased advance payments for equipment purchases[14] - The weighted average return on net assets increased by 11.11 percentage points to 0.40%[7] - Financial expenses decreased by 68.35% to ¥166,311.63 due to reduced interest expenses from discounted receivables[15] - Asset impairment losses increased by 453.15% to ¥911,629.71, primarily due to an increase in receivables[15] - The company reported a total of CNY 91,227.33 in non-recurring gains and losses for the period[9] - The company is undergoing the liquidation process of Shanghai Jinglun Communication Technology Co., Ltd., which has been accepted by the court[16] Expenses - Total operating costs for Q1 2016 were ¥98,463,320.33, up from ¥88,737,679.04, reflecting a rise of approximately 11%[28] - The company reported an increase in sales expenses to ¥3,553,504.96 from ¥4,325,969.49, a decrease of about 18%[28] - Management expenses decreased to ¥15,103,926.57 from ¥19,137,799.67, reflecting a reduction of approximately 21%[28] - Investment losses for Q1 2016 were reported at ¥-2,963,066.56, compared to ¥-2,500,595.57 in the same period last year[28] Cash and Cash Equivalents - Cash and cash equivalents at the end of Q1 2016 totaled CNY 61,531,222.31, down from CNY 77,058,056.38 at the end of the previous period[34] - The company experienced a net decrease in cash and cash equivalents of CNY -9,095,515.29 during the quarter, contrasting with an increase of CNY 42,151,572.47 in the previous year[34] - Total cash outflow from operating activities was CNY 123,070,842.47, an increase of 32.7% compared to CNY 92,741,126.82 in the previous year[33] - The company reported a decrease in sales cash receipts from CNY 84,482,427.13 in Q1 2016, down 32.2% from CNY 124,605,261.35 in the previous year[33] - Cash inflow from other operating activities increased to CNY 16,474,892.99 from CNY 4,809,339.51, marking a growth of 242.5%[33] - The company incurred cash payments for goods and services amounting to CNY 97,530,602.68, which is a 55.0% increase from CNY 62,985,465.21 in the previous year[33]