HXSS(SH:600477)2016-04-29 16:00Financial Performance - Operating revenue increased by 16.27% to CNY 667,061,080.01 year-on-year[5] - Net profit attributable to shareholders increased by 238.92% to CNY 36,600,626.78 compared to the same period last year[5] - Basic earnings per share increased by 200.00% to CNY 0.045 per share[5] - The company's net profit attributable to shareholders increased by 238.92% compared to the same period last year, driven by high gross margins from resource usage fees[12] - Net profit for Q1 2016 reached CNY 59,646,248.21, up 422.5% from CNY 11,409,678.70 in Q1 2015[30] - The company reported a total profit of CNY 68,235,390.42 for Q1 2016, compared to CNY 13,147,258.92 in Q1 2015, marking an increase of 418.5%[30] Cash Flow - Cash flow from operating activities improved significantly, with a net amount of CNY 48,390,376.95, a 187.89% increase from the previous year[5] - The net cash flow from operating activities was 48,390,376.95 RMB, compared to a negative 55,059,477.74 RMB in the previous period, indicating a significant improvement[33] - Total cash inflow from operating activities amounted to 976,750,061.35 RMB, while cash outflow was 928,359,684.40 RMB, resulting in a net cash inflow of 48,390,376.95 RMB[33] - Cash flow from investing activities showed a net outflow of 40,053,844.29 RMB, an improvement from the previous period's outflow of 46,372,566.66 RMB[33] - Cash flow from financing activities resulted in a net outflow of 68,387,289.99 RMB, compared to a net inflow of 146,600,178.35 RMB in the previous period[34] Assets and Liabilities - Total assets decreased by 7.34% to CNY 5,951,557,721.77 compared to the end of the previous year[5] - Total liabilities decreased from CNY 4,428,257,754.82 to CNY 3,909,154,858.53, representing a reduction of about 11.7%[19] - Current liabilities totaled CNY 3,836,456,941.48, down from CNY 4,325,458,224.08, indicating a decrease of approximately 11.3%[19] - The company's cash and cash equivalents decreased from CNY 391,286,348.95 to CNY 271,880,295.96, a decline of about 30.5%[21] - Inventory levels decreased from CNY 896,661,436.78 to CNY 822,316,378.07, reflecting a reduction of approximately 8.3%[22] Investments - Long-term equity investments increased by 75.86% to CNY 55,321,651.77 due to investments in joint ventures[10] - The company signed strategic cooperation agreements with four companies regarding steel structure residential systems during the reporting period[12] - The cash paid for investment decreased by 34.38% to ¥26,250,000.00 due to reduced investments in joint ventures[11] - The company reported a net investment income of CNY 10,773,967.76 for Q1 2016, with losses from joint ventures amounting to CNY 136,282.24[29] Expenses - Management expenses rose by 52.03% to ¥108,238,562.10 due to increased R&D and share-based payment expenses[11] - Financial expenses decreased by 35.43% to ¥21,976,198.37, primarily due to reduced borrowing and lower interest rates[11] - Cash paid for other operating activities increased by 102.72% to ¥77,505,479.17, mainly due to higher payments for bidding and performance guarantees[11] - The financial expenses for Q1 2016 were CNY 14,557,671.29, down from CNY 22,504,445.61 in the same period last year, showing a decrease of 35.3%[29] Shareholder Information - The number of shareholders reached 47,067, with the largest shareholder holding 43.87% of the shares[8] - The company's equity increased from CNY 1,994,727,885.03 to CNY 2,042,402,863.24, an increase of about 2.4%[19]