GSMG(SH:600543)2016-04-22 16:00Financial Performance - Operating revenue for the period was CNY 71,933,017.53, reflecting a year-on-year growth of 5.15%[5] - Net profit attributable to shareholders of the listed company was CNY 16,238,945.99, an increase of 8.54% compared to the same period last year[5] - Total operating revenue for Q1 2016 was CNY 71,933,017.53, an increase of 5.5% compared to CNY 68,410,417.65 in the same period last year[24] - Net profit for Q1 2016 reached CNY 16,108,631.43, representing a 8.1% increase from CNY 14,897,631.34 in Q1 2015[25] - Total profit for Q1 2016 was CNY 18,740,663.47, down 9.7% from CNY 20,752,558.32 in Q1 2015[25] Cash Flow - Net cash flow from operating activities surged to CNY 11,466,636.00, a significant increase of 1,645.47% year-on-year[5] - Cash flow from operating activities for Q1 2016 was CNY 11,466,636.00, a significant increase from CNY 656,937.98 in Q1 2015[27] - The net cash flow from operating activities improved to ¥4,438,483.34 from ¥797,925.56, showing a substantial increase of over 455%[30] - The total cash inflow from operating activities was ¥75,165,350.28, slightly down from ¥76,972,202.00 in the previous period, reflecting a decrease of approximately 2.35%[30] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,278,151,298.31, a slight increase of 0.17% compared to the end of the previous year[5] - The total liabilities decreased from CNY 180,850,963.91 to CNY 166,863,884.92, reflecting a reduction of approximately 7.7%[18] - Current assets totaled CNY 650,731,753.85, showing a marginal decrease from CNY 652,567,867.17 at the start of the year[16] - The company's cash and cash equivalents decreased significantly from CNY 155,970,914.86 to CNY 66,736,949.83, a decline of about 57.2%[16] Shareholder Information - Net assets attributable to shareholders of the listed company increased by 1.49% to CNY 1,102,674,972.94[5] - The total number of shareholders at the end of the reporting period was 20,190[9] - The largest shareholder, Gansu Huangyanghe Agricultural and Industrial Group Co., Ltd., held 42,729,215 shares, accounting for 13.31% of the total shares[9] Investment Activities - Investment income increased by 41.75% from 3,354,136.97 to 4,754,328.74, attributed to increased current financial product investments[11] - The cash outflow for investment activities totaled ¥268,553,901.57, up from ¥207,250,641.28, indicating an increase of about 29.6%[28] - The cash inflow from investment activities was ¥164,797,987.71, down from ¥223,354,136.97, reflecting a decrease of approximately 26.1%[28] Expenses - Total operating costs for Q1 2016 were CNY 58,094,895.02, up 13.3% from CNY 51,262,119.96 in Q1 2015[24] - Sales expenses for Q1 2016 were CNY 19,096,151.86, slightly up from CNY 18,831,458.91 in the same period last year[25] - Management expenses decreased to CNY 7,986,568.55 from CNY 8,470,743.07 in Q1 2015, a reduction of 5.7%[25] - Income tax expenses decreased by 55.05% from 5,854,926.98 to 2,632,032.04 due to changes in income tax rates[11] Other Financial Metrics - The weighted average return on equity improved by 0.09 percentage points to 1.48%[5] - Basic and diluted earnings per share remained stable at CNY 0.05[5] - The company's retained earnings increased from CNY 199,543,984.78 to CNY 215,782,930.77, reflecting a growth of about 8.1%[18] - The company reported non-recurring gains and losses totaling CNY 125,807.39 for the period[6]