BENEFO(SH:600468)2017-04-26 16:00Financial Performance - The company's operating revenue for the first quarter of 2017 was CNY 266,984,122.82, representing a 45.65% increase compared to CNY 183,306,095.16 in the same period last year[9]. - The net profit attributable to shareholders of the listed company reached CNY 16,308,787.64, a 61.73% increase from CNY 10,084,127.34 year-on-year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 12,719,411.65, showing a significant increase of 316.80% from CNY 3,051,661.20 in the previous year[9]. - Basic earnings per share rose to CNY 0.0302, up 53.30% from CNY 0.0197 in the same period last year[9]. - The total comprehensive income for the period was CNY 18,508,965.14, compared to CNY 11,973,947.15 in the previous period, representing an increase of approximately 54.5%[30]. Cash Flow - The net cash flow from operating activities was negative at CNY -82,532,433.41, a decline of 502.75% compared to CNY 20,492,163.55 in the same period last year[9]. - Cash inflows from operating activities totaled CNY 191,059,003.56, a decrease from CNY 215,163,222.40 in the previous period, representing a decline of about 11.2%[36]. - The net cash flow from operating activities was negative at CNY -82,532,433.41, compared to a positive CNY 20,492,163.55 in the previous period[36]. - The company reported investment cash inflows of CNY 240,040,158.51, significantly lower than CNY 1,002,539,417.85 in the previous period, indicating a decrease of about 76.1%[37]. - The net cash flow from investing activities was CNY 221,550,399.14, compared to a negative CNY -1,030,881,817.08 in the previous period, showing a substantial recovery[37]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,639,366,148.13, a decrease of 0.97% compared to CNY 2,665,187,184.01 at the end of the previous year[9]. - Total liabilities were CNY 454,165,170.61, a decrease from CNY 454,880,287.34 at the start of the year[26]. - The total equity attributable to shareholders of the parent company was CNY 1,576,258,649.06, a slight increase from CNY 1,572,038,053.38[26]. Shareholder Information - The total number of shareholders at the end of the reporting period was 21,321[12]. - The largest shareholder, Tianjin Hydraulic Machinery (Group) Co., Ltd., held 51.04% of the shares[12]. Operating Costs and Expenses - Operating costs increased by 36.36% to ¥192,448,344.99 from ¥141,131,694.66, also attributed to the consolidation of Suzhou Guanlong[14]. - Management expenses grew by 46.05% to ¥42,386,681.71 from ¥29,021,890.99, reflecting the impact of Suzhou Guanlong's consolidation[14]. - The company incurred management expenses of CNY 3,706,116.58, slightly down from CNY 3,940,504.72 in the previous period, a decrease of about 5.9%[34]. Investment Income - Investment income decreased by 38.12% to ¥6,020,178.84 from ¥9,728,991.05 due to lower net profits from associated companies[14]. - The investment income for the period was CNY 8,090,664.04, down from CNY 9,728,991.05 in the previous period, reflecting a decline of approximately 16.9%[34].