CRCH(SH:600636)2017-04-24 16:00Financial Performance - Operating revenue rose by 29.66% to CNY 1,434,215,734.35 year-on-year[6] - Net profit attributable to shareholders increased by 921.46% to CNY 38,120,569.54 compared to the same period last year[6] - Basic and diluted earnings per share increased by 346.07% to CNY 0.0852[6] - Total profit increased by 252.04% to ¥96,977,143.75 from ¥27,547,352.44, reflecting cost reduction and efficiency measures[13] - The net profit for Q1 2017 was CNY 73,213,636.23, compared to CNY 17,895,692.33 in the same period last year, representing a significant increase[31] - The company’s operating profit for Q1 2017 was CNY 97,097,083.99, compared to CNY 21,767,152.18 in the previous year[31] - The company’s total comprehensive income for Q1 2017 was CNY 73,213,636.23, compared to CNY 17,895,692.33 in the previous year[31] Assets and Liabilities - Total assets increased by 6.40% to CNY 4,425,046,646.50 compared to the end of the previous year[6] - Total liabilities as of March 31, 2017, were CNY 1,287,181,881.72, compared to CNY 1,094,261,343.37 at the beginning of the year, reflecting a growth of 17.7%[25] - Cash and cash equivalents decreased by 31.22% to ¥391,885,128.10 from ¥569,729,476.12[13] - Accounts receivable increased to CNY 91,330,475.61 from CNY 62,374,052.97, marking a 46.5% rise[26] - Inventory decreased to CNY 67,465,514.68 from CNY 72,130,441.20, a decline of 6.5%[26] - The total equity attributable to shareholders increased to CNY 2,517,523,079.95 from CNY 2,479,430,582.59, a growth of 1.5%[25] Cash Flow - Cash flow from operating activities decreased by 59.76% to CNY 82,577,559.22 compared to the previous year[6] - Net cash flow from operating activities decreased by 59.76% to ¥82,577,559.22 from ¥205,213,405.99, due to increased operational payments[13] - The net cash flow from operating activities was negative CNY 62,134,061.35, an improvement from negative CNY 105,414,527.02 in the same period last year[38] - Total cash outflow from operating activities was CNY 262,372,749.99, compared to CNY 200,901,749.06 in the previous year, reflecting a rise of 30.5%[38] - Cash paid for purchasing goods and services was CNY 174,892,476.46, which increased from CNY 93,105,321.41 in the previous year[38] Shareholder Information - The total number of shareholders reached 46,005 at the end of the reporting period[11] - The largest shareholder, Shanghai Huayi (Group) Company, holds 31.60% of the shares[11] Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 510,000 related to its normal business operations[9] - The report period's net profit was significantly impacted by non-recurring losses totaling CNY -28,072.18[9] Market Outlook - The company anticipates a significant increase in cumulative net profit compared to the previous year, driven by market recovery and cost control measures[19]