FARATRONIC(SH:600563)2016-04-25 16:00Financial Performance - Operating income rose by 17.11% to CNY 354,799,218.20 year-on-year[6] - Net profit attributable to shareholders increased by 36.78% to CNY 82,523,523.10 compared to the same period last year[6] - Basic earnings per share increased by 27.80% to CNY 0.377 compared to the previous year[6] - The net profit attributable to shareholders for the period was CNY 84,892,252.75, reflecting a year-on-year increase of 27.93%[6] - Total operating revenue for Q1 2016 was CNY 354,799,218.20, an increase of 16.9% compared to CNY 302,971,980.79 in the same period last year[21] - Net profit for Q1 2016 reached CNY 86,886,403.34, representing a 24.3% increase from CNY 69,900,652.02 in Q1 2015[21] - The net profit attributable to shareholders of the parent company was CNY 84,892,252.75, up 28.2% from CNY 66,359,435.91 in the previous year[21] - Operating profit increased to ¥97,757,477.51, representing a growth of 30.2% from ¥75,135,452.28 in the previous period[25] Cash Flow - Cash flow from operating activities surged by 103.77% to CNY 80,070,383.96 year-on-year[6] - Cash inflow from operating activities totaled CNY 281,098,511.54, up 36.3% from CNY 206,094,232.42 in Q1 2015[30] - Cash outflow from operating activities was CNY 217,863,849.54, an increase of 27.0% compared to CNY 171,560,255.14 in the previous year[30] - Operating cash flow net amount for Q1 2016 was CNY 63,234,662, an increase of 83.4% compared to CNY 34,533,977 in the same period last year[30] - The company received CNY 520,000,000 in cash from investment recovery, a significant increase from CNY 130,000,000 in the same period last year[30] Assets and Liabilities - Total assets increased by 3.26% to CNY 2,313,798,630.88 compared to the end of the previous year[6] - Current assets totaled CNY 1,727,153,242.05, up from CNY 1,652,653,764.73 at the start of the year, indicating a growth of approximately 4.5%[14] - Total liabilities decreased to CNY 248,808,456.53 from CNY 262,719,703.76, showing a reduction of about 5.3%[15] - The company's equity attributable to shareholders rose to CNY 2,018,413,995.89 from CNY 1,933,521,743.15, an increase of approximately 4.4%[15] - Total current liabilities amounted to CNY 237,070,569.82, down from CNY 250,981,817.05, indicating a decrease of about 5.5%[15] - Total current assets as of March 31, 2016, amounted to CNY 1,580,156,167.71, an increase from CNY 1,529,248,370.50 at the beginning of the year[17] - Total liabilities decreased to CNY 174,893,077.51 from CNY 208,389,554.94 at the start of the year, indicating a reduction of 16.0%[17] - Total equity increased to CNY 1,998,969,516.39 from CNY 1,915,471,142.77, marking a growth of 4.4%[17] Shareholder Information - The number of shareholders reached 14,465 at the end of the reporting period[11] - The largest shareholder, Xiamen Fala Development Co., Ltd., holds 37.33% of the shares[11] Inventory and Receivables - Accounts receivable decreased slightly to CNY 364,835,460.70 from CNY 367,996,069.35, a decline of approximately 0.6%[14] - The inventory balance was CNY 244,670,965.41, slightly down from CNY 248,728,182.71, reflecting a decrease of about 1.6%[14] - Inventory as of March 31, 2016, was CNY 208,721,632.27, slightly down from CNY 213,992,810.01 at the beginning of the year[17] Non-Recurring Gains and Expenses - The company reported non-recurring gains of CNY 2,368,729.65 during the period[9] - The company reported a financial asset fair value change gain of CNY 1,022,500.59 in Q1 2016, compared to a gain of CNY 1,631,673.11 in the same period last year[21] - The company reported a decrease in sales expenses to ¥4,961,144.04 from ¥5,253,464.89 in the previous period, reflecting improved cost management[25] - The financial expenses showed a net income of -¥1,606,476.57, compared to -¥845,212.16 in the previous period, indicating a reduction in financial costs[25]