恒生电子(600570) - 2016 Q1 - 季度财报

Financial Performance - Operating revenue increased by 22.93% to CNY 336,986,156.39 compared to the same period last year[6] - Net profit attributable to shareholders increased by 1.31% to CNY 71,700,196.96 compared to the same period last year[6] - Basic earnings per share increased by 9.09% to CNY 0.12 compared to the same period last year[6] - Total operating revenue for Q1 2016 was CNY 336,986,156.39, an increase of 22.9% compared to CNY 274,131,827.11 in the previous year[32] - Net profit for Q1 2016 was CNY 64,698,986.85, a decrease of 10.4% from CNY 72,199,961.90 in the same period last year[33] - The total profit for the period was CNY 85,454,151.85, compared to CNY 78,723,427.70 in the previous year, reflecting an increase of 8.8%[36] Cash Flow - Net cash flow from operating activities was negative at CNY -334,150,546.16, compared to CNY -7,639,580.99 in the same period last year[6] - Cash flow from operating activities showed a net outflow of CNY -334,150,546.16, worsening from CNY -7,639,580.99 in Q1 2015[39] - Cash inflow from operating activities totaled $310.63 million, up from $219.49 million in the previous period, representing an increase of 41.5%[42] - Net cash outflow from operating activities was $236.57 million, compared to a net outflow of $200.36 million in the prior period, indicating a worsening of 18%[42] - Cash inflow from investment activities reached $1.57 billion, significantly higher than $919.08 million in the previous period, marking an increase of 70.8%[42] - Net cash inflow from investment activities was $109.65 million, a turnaround from a net outflow of $14.47 million in the prior period[42] Assets and Liabilities - Total assets decreased by 7.93% to CNY 3,659,947,005.07 compared to the end of the previous year[6] - The total assets as of March 31, 2016, amounted to CNY 3,536,800,664.71, down from CNY 3,799,922,191.45 at the beginning of the year[27] - Total liabilities decreased to CNY 895,506,025.35 from CNY 1,201,714,791.86, indicating a reduction of 25.4%[27] - Non-current liabilities decreased to ¥117,534,097.52 from ¥138,767,177.50, reflecting a reduction in expected liabilities[15] Shareholder Information - The number of shareholders reached 122,307 at the end of the reporting period[11] - The largest shareholder, Hangzhou Hengsheng Electronics Group Co., Ltd., holds 20.72% of the shares[11] Cash and Cash Equivalents - The company's cash and cash equivalents decreased by 38.87% to CNY 184,945,575.38 due to reduced cash inflow from operations[13] - The cash and cash equivalents decreased significantly to CNY 90,990,371.15 from CNY 217,987,231.66, a decline of 58.4%[26] - The company reported a cash and cash equivalents balance of CNY 165,418,040.86 at the end of Q1 2016, down from CNY 478,249,810.97 at the end of Q1 2015[40] - The ending balance of cash and cash equivalents was $88.98 million, down from $114.34 million in the previous period, a decrease of 22.2%[44] - Total cash and cash equivalents decreased by $126.93 million, compared to a decrease of $245.00 million in the previous period, showing an improvement of 48.1%[42] Operating Costs and Expenses - Operating costs decreased by 77.21% to ¥3,661,490.85 compared to ¥16,069,671.10 in the same period last year, primarily due to the absence of a subsidiary's contribution this period[15] - Sales expenses increased by 32.85% to ¥116,333,701.42 from ¥87,569,964.97, driven by growth in business and personnel costs[15] - Management expenses rose to CNY 155,762,766.17, an increase of 31.2% compared to CNY 118,669,916.59 in Q1 2015[36] Investment Activities - Cash received from investment increased by 70.65% to ¥1,744,850,008.59 compared to ¥1,022,473,318.80 in the previous year, attributed to increased disposals of available-for-sale financial assets[15] - Investment cash payments increased by 54.73% to ¥1,535,617,304.79 from ¥992,432,489.67, primarily due to higher purchases of financial products[15] - The company raised CNY 24,000,000.00 from investment activities in Q1 2016, marking a new funding source[40] Other Financial Metrics - The weighted average return on equity decreased by 0.68 percentage points to 2.92%[6] - Investment income dropped by 83.74% to ¥3,177,890.52 from ¥19,545,455.16, due to reduced income from available-for-sale financial assets[15] - Other comprehensive income after tax for Q1 2016 was CNY -36,924,874.90, a significant decrease from CNY 42,773,197.90 in the same period last year[33] - The company recorded a fair value change loss of CNY -3,719,752.16, compared to a loss of CNY -1,392,574.81 in the previous year[36]