SHANYING INTERNATIONAL(SH:600567)2016-04-28 16:00Financial Performance - Net profit attributable to shareholders increased by 10.43% to CNY 60.50 million year-on-year[6] - Operating revenue rose by 21.76% to CNY 2.46 billion compared to the same period last year[6] - Basic earnings per share increased by 6.67% to CNY 0.016 per share[6] - The company reported a significant increase in prepayments, rising by 98.46% to CNY 79,635,211.95 compared to CNY 40,126,124.36 in the previous period[11] - The company reported a comprehensive income total of CNY 64,381,300.06 for Q1 2016, compared to CNY 53,616,980.94 in the same period last year[32] - The total comprehensive income attributable to the parent company was CNY 63,693,242.80, an increase from CNY 54,492,129.93 in the previous period, reflecting a growth of approximately 16.5%[33] - The net profit for the period was CNY 100,608,506.32, a turnaround from a net loss of CNY 6,947,541.97 in the previous year[34] - The company recorded a significant increase in operating profit to CNY 63,735,592.15, compared to a loss of CNY 19,025,462.21 in the same quarter last year[34] Assets and Liabilities - Total assets increased by 2.44% to CNY 18.86 billion compared to the end of the previous year[6] - The company’s total liabilities increased, with current liabilities due within one year rising by 32.96% to CNY 648,905,378.02[11] - Total liabilities were reported at ¥12,621,162,310.29, compared to ¥12,238,803,616.85, reflecting an increase of about 3.1%[24] - The company's total liabilities were CNY 7,094,077,519.50, slightly up from CNY 7,047,208,664.04 at the start of the year[29] - Total current assets reached ¥7,112,943,715.65, compared to ¥6,547,072,522.92 at the beginning of the year, marking an increase of around 8.6%[23] Cash Flow - Net cash flow from operating activities surged by 950.75% to CNY 314.21 million year-on-year[6] - Operating cash flow net amount surged by 950.75% to CNY 314,214,148.79 from CNY 29,903,725.91 year-on-year[11] - The company reported a total cash inflow from financing activities of CNY 3,484,602,216.07, up from CNY 2,376,020,290.54 year-over-year, representing an increase of approximately 46.7%[35] - Cash inflow from operating activities totaled ¥2,305,687,552.10, down from ¥2,579,936,400.67, reflecting a decline of 10.6%[36] - The net cash flow from financing activities improved to ¥355,305,314.51, compared to -¥122,372,165.15 in the previous period[37] Shareholder Information - The number of shareholders reached 340,876 at the end of the reporting period[10] - The largest shareholder, Fujian Taisheng Industrial Co., Ltd., holds 33.90% of the shares, with 1.28 billion shares pledged[10] Government Support and Subsidies - The company received government subsidies amounting to CNY 19.94 million, primarily from tax refunds[6] - The company received CNY 79,023,885.45 in tax refunds, a notable increase from CNY 4,099,087.39 in the prior year[35] Investments and Financing Activities - The company completed the issuance of a short-term financing bond totaling CNY 5 billion with a term of 90 days at an interest rate of 4.5%[15] - The company plans to establish a financing leasing company with a total investment of CNY 500 million, with a 75% stake held by the company[16] - The company has initiated a non-public stock issuance, which was approved by the China Securities Regulatory Commission, to raise funds for business expansion[12] - The company is in the process of acquiring a property in Shanghai for its R&D center and operational headquarters, with a total cost not exceeding CNY 805 million[16] Financial Expenses and Income - The company’s financial expenses increased by 52.16% to CNY 128,856,546.35, primarily due to exchange rate fluctuations[11] - Non-operating income totaled CNY 19.66 million, influenced by various financial activities[6] - The company reported a 178.45% increase in non-operating income, reaching CNY 60,857,712.49, mainly due to new resource utilization tax refunds[11]