信雅达(600571) - 2017 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY 14,893,158.84, reflecting a 3.61% increase year-on-year[6] - Operating revenue for the period was CNY 262,706,676.38, showing a 0.5% increase compared to the same period last year[6] - The net profit for Q1 2017 was CNY 5,832,221.77, a decrease of 62.0% from CNY 15,300,378.51 in Q1 2016[29] - The company's net profit for Q1 2017 was CNY 33,580,423.42, a significant increase from CNY 16,030,508.12 in the same period last year, representing a growth of approximately 109.5%[32] - The total profit before tax for Q1 2017 was CNY 34,521,788.91, compared to CNY 15,918,440.78 in the previous year, marking an increase of about 117.5%[32] Cash Flow - The net cash flow from operating activities was negative CNY 201,047,584.73, a decline of 34.97% compared to the previous year[6] - The net cash flow from operating activities was -$109.80 million, compared to -$94.84 million in the previous year, indicating a decline of approximately 15.8%[38] - Cash inflow from investment activities totaled $201.66 million, up from $162.27 million, representing an increase of about 24.3% year-over-year[38] - The net cash flow from investment activities was $137.98 million, compared to $69.13 million in the previous year, showing a significant increase of approximately 99.9%[38] - Cash outflow for operating activities amounted to $190.87 million, compared to $128.30 million, reflecting an increase of about 48.7%[38] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,723,599,510.81, a 0.36% increase compared to the end of the previous year[6] - Total assets increased slightly to ¥1,723,599,510.81 from ¥1,717,435,340.08, reflecting a stable financial position[22] - The total liabilities decreased to CNY 177,485,359.88 from CNY 318,395,450.16, representing a reduction of 44.2%[26] - The company's total equity increased to CNY 1,012,517,398.89 from CNY 957,645,013.15, reflecting a growth of 5.7%[27] Shareholder Information - The number of shareholders at the end of the reporting period was 61,889[11] - The largest shareholder, Hangzhou Xinyada Electronics Co., Ltd., held 19.58% of the shares[11] Earnings and Expenses - Basic earnings per share increased by 3.03% to CNY 0.034[6] - Total operating costs for Q1 2017 amounted to CNY 270,688,017.10, up 6.3% from CNY 254,536,602.84 in Q1 2016[28] - The total operating expenses for Q1 2017 were CNY 381,144,966.52, up from CNY 337,593,817.62 in Q1 2016, representing an increase of about 12.9%[34] - The company paid $48.91 million in employee compensation, an increase from $42.94 million, which is an increase of approximately 20.5%[38] Investment Activities - The company reported non-recurring gains of CNY 4,079,902.25 for the period[8] - Cash received from investment income surged by 221.00% to ¥1,785,709.63 from ¥556,037.56, driven by growth in financial management income[16] - Cash invested decreased by 59.00% to ¥61,050,551.02 from ¥150,478,404.30, primarily due to reduced purchases of financial products[16] - The company received $200 million in cash from investment recoveries, an increase from $152 million, representing a growth of approximately 31.6%[38] Accounts Receivable and Payables - Accounts receivable increased by 68.67% to ¥404,038,049.20 from ¥239,540,652.90, primarily due to a decline in cash collection from sales[14] - Prepayments rose by 98.57% to ¥23,246,237.84 from ¥11,706,570.23, mainly due to increased advance payments for materials and installation by the environmental subsidiary[14] Taxation - Tax expenses decreased by 56.28% to ¥1,300,775.34 from ¥2,975,126.20, mainly due to losses from the environmental subsidiary compared to profits in the previous period[16] - Cash received from tax refunds increased by 51.00% to ¥9,816,986.49 from ¥6,514,763.41, primarily due to increased VAT refunds[16] - Cash paid for various taxes increased by 54.00% to ¥43,175,284.18 from ¥28,075,249.37, mainly due to VAT and corporate income tax payments by the environmental company[16] Financial Assets - Trading financial assets decreased by 52.14% to ¥61,357,538.01 from ¥128,204,963.50 due to reduced stock investments[14] - Cash and cash equivalents rose significantly to CNY 155,173,575.32 from CNY 29,038,690.69, marking an increase of 435.5%[25] - Cash and cash equivalents at the end of the period reached $91.65 million, a substantial increase from $19.46 million in the same quarter last year[38]