Silan(SH:600460)2017-04-28 16:00Financial Performance - Operating revenue rose by 36.35% to CNY 588,891,550.36 compared to the same period last year[6] - Net profit attributable to shareholders increased by 1,487.62% to CNY 32,810,177.69 compared to the same period last year[6] - Basic and diluted earnings per share both increased by 1,200% to CNY 0.026[6] - The net profit attributable to shareholders increased by 1,487.62% year-on-year, reaching 328,101,776.9 RMB, primarily due to a significant rise in sales of integrated circuits and discrete devices[12] - Total revenue for Q1 2017 reached ¥588,891,550.36, an increase of 36.4% compared to ¥431,895,386.17 in the same period last year[22] - Operating profit for Q1 2017 was ¥20,003,257.63, a significant turnaround from a loss of ¥11,142,514.17 in Q1 2016[22] - Net profit for Q1 2017 amounted to ¥32,840,221.36, compared to ¥2,005,104.40 in Q1 2016, reflecting a substantial increase[22] - The company reported a total comprehensive income of ¥33,903,502.43 for Q1 2017, compared to a loss of ¥630,751.57 in the same period last year[23] Assets and Liabilities - Total assets increased by 2.78% to CNY 5,229,476,572.80 compared to the end of the previous year[6] - Total assets as of March 31, 2017, amounted to 5,229,476,572.80 RMB, an increase from 5,087,803,629.05 RMB at the beginning of the year[16] - Total liabilities increased to 2,100,827,257.84 RMB from 1,993,557,816.52 RMB, with current liabilities totaling 1,412,113,166.11 RMB[17] - Total liabilities decreased to ¥932,879,507.34 from ¥960,101,531.50 at the beginning of the year, indicating improved financial stability[20] - Current assets totaled ¥1,033,397,600.32, slightly down from ¥1,046,165,397.59 at the start of the year[20] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -25,495,748.16, a decrease of 456.18% compared to the same period last year[6] - Cash flow from operating activities showed a net outflow of 25,495,748.16 RMB, a decrease of 456.18% compared to the previous year, attributed to increased payments for goods and services[12] - Cash inflow from operating activities was 633,687,837.77 CNY, an increase of 23.8% from 511,903,363.30 CNY in the previous year[28] - Operating cash flow for Q1 2017 was -25,495,748.16 CNY, compared to a positive cash flow of 7,158,179.76 CNY in the previous year, reflecting a significant decline[28] - Cash and cash equivalents at the end of Q1 2017 totaled 478,650,925.47 CNY, down from 742,801,228.22 CNY at the end of the previous year, a decrease of approximately 35.5%[29] Investments - Cash flow from investing activities increased by 427.15% year-on-year, totaling 66,653,300.99 RMB, primarily due to a rise in cash recovered from investments[12] - Investment income decreased by 62.58% year-on-year, amounting to 871,503.52 RMB, mainly due to losses recognized from a joint venture[12] - Investment activities generated a net cash inflow of 66,653,300.99 CNY, compared to 12,644,094.37 CNY in the same period last year, showing a substantial increase[28] - The cash flow from investment activities was significantly lower than the previous period's total of $264,840,164.15[31] Shareholder Information - The number of shareholders reached 80,091 by the end of the reporting period[10] - The company plans to issue up to 130,505,709 shares through a private placement to fund the expansion of MEMS sensor production, pending regulatory approval[12] Operating Costs and Expenses - Operating costs increased by 32.11% to CNY 430,529,320.66, primarily due to increased sales volume[11] - The company reported a significant reduction in non-operating expenses, which decreased by 75.19% year-on-year, amounting to 359,132.70 RMB[12] - The company reported a decrease in operating expenses, with cash paid for goods and services amounting to 418,810,627.86 CNY, up from 308,269,647.30 CNY in the previous year, indicating a rise of approximately 35.8%[28]