SFH(SH:600615)2017-04-28 16:00Financial Performance - Operating revenue increased by 2.12% to CNY 24,293,633.61 year-on-year[7] - Net profit attributable to shareholders decreased by 106.61% to a loss of CNY 103,941.23 compared to the same period last year[7] - Basic earnings per share decreased by 12.50% to CNY 0.007[7] - Total revenue for Q1 2017 was CNY 24,293,633.61, an increase of 2.1% from CNY 23,789,697.47 in the previous year[28] - Net profit for Q1 2017 was CNY 1,472,288.75, a decrease of 16.3% compared to CNY 1,760,763.24 in Q1 2016[29] - The net profit for Q1 2017 was a loss of CNY 34,021.89, compared to a loss of CNY 1,722,710.56 in the same period last year[33] - Total comprehensive income for the period was a loss of CNY 75,013.55, down from a loss of CNY 2,428,709.49 year-over-year[33] Assets and Liabilities - Total assets decreased by 14.46% to CNY 553,317,147.62 compared to the end of the previous year[7] - The total assets of the company decreased to CNY 553,317,147.62 from CNY 646,840,044.54, reflecting a reduction in overall asset base[22] - The company's total liabilities decreased significantly from CNY 160,775,752.46 to CNY 65,821,558.45, indicating improved financial health[23] - Current assets totaled CNY 489,659,566.48, a marginal decrease from CNY 489,785,445.51 at the start of the year[26] - The total liabilities amounted to CNY 36,397,277.84, down from CNY 36,519,855.91 at the beginning of the year[27] - The company’s equity totaled CNY 532,955,716.93, a slight decrease from CNY 533,030,730.48 at the start of the year[27] Cash Flow - Net cash flow from operating activities was a negative CNY 92,943,847.70, compared to a negative CNY 11,063,492.82 in the previous year[7] - Cash inflow from operating activities totaled CNY 16,754,638.00, an increase from CNY 11,074,947.08 in the previous year, representing a growth of approximately 51.1%[36] - Cash outflow from operating activities was CNY 109,698,485.70, compared to CNY 22,138,439.90 in the same period last year, indicating a significant increase in cash outflows[36] - The net cash flow from operating activities was a loss of CNY 92,943,847.70, worsening from a loss of CNY 11,063,492.82 year-over-year[36] - Cash inflow from investment activities was CNY 332,965,179.67, with a net cash flow of CNY 508,541.91, compared to a loss of CNY 2,558,442.50 in the previous year[36] - The cash and cash equivalents at the end of the period stood at CNY 239,495,327.09, down from CNY 21,242,910.09 year-over-year[37] - The company reported a significant increase in cash outflow related to operating activities, totaling CNY 92,012,849.52, compared to CNY 1,907,569.01 in the previous year[38] - The company recorded a cash inflow of CNY 320,000,000.00 from investment recoveries, indicating strong investment activity during the quarter[39] - The net cash flow from financing activities was zero, reflecting no new financing or debt repayment during the period[37] Shareholder Information - The number of shareholders reached 13,849 at the end of the reporting period[11] - The largest shareholder, Longxin Holdings, holds 31.92% of the shares, totaling 60,016,531 shares[11] Other Financial Metrics - The weighted average return on net assets decreased by 0.033 percentage points to 0.285%[7] - The company reported a significant decrease of 89.77% in notes receivable, down to CNY 450,000.00[13] - Prepayments increased by 99.74% to CNY 2,092,056.07, mainly due to payments for purchasing equipment[13] - Other receivables increased by 160.74% to CNY 770,224.45, mainly due to higher inter-company receivables[20] - The company reported a decrease in other payables by 75.20%, down to CNY 30,001,696.36, primarily due to repayments to subsidiaries[20] - Cash paid for purchasing fixed assets increased by 45.50% to CNY 3,527,434.56, indicating ongoing investment in infrastructure[20] - The company received a tax refund of CNY 763,336.92, a significant increase of 2133.44% compared to the previous period[20] - Investment income for the period was CNY 1,965,179.67, primarily due to the redemption of wealth management products[20] - The company expects a cumulative net profit for the year to be between CNY 97 million and CNY 107 million, a substantial increase compared to the same period last year[17] - The company completed the transfer of 100% equity of its wholly-owned subsidiary for CNY 290 million, which has been recorded as income for the next reporting period[15]