TANDE(SH:600665)2017-04-27 16:00Financial Performance - Operating revenue increased by 82.29% to CNY 958,637,003.52 year-on-year[5] - Net profit attributable to shareholders was CNY 8,633,208.70, a significant recovery from a loss of CNY 14,077,055.99 in the same period last year[5] - The weighted average return on equity increased by 0.82 percentage points to 0.30%[5] - Operating revenue for Q1 2017 reached ¥958.64 million, an increase of 82.29% compared to ¥525.88 million in Q1 2016[13] - Net profit attributable to the parent company was ¥8.63 million, a significant turnaround from a net loss of ¥14.08 million in the same period last year[13] - Net profit for Q1 2017 reached CNY 7,842,452.94, a significant recovery from a net loss of CNY 15,888,935.87 in the previous year[27] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -CNY 142,727,788.63, a decline of 134.32% compared to the previous year[5] - The operating cash flow for the current period is a net outflow of CNY 142,727,788.63, contrasting with a net inflow of CNY 415,877,625.67 in the previous period, reflecting a decline in cash generation from operations[30] - The total cash and cash equivalents at the end of the period decreased to CNY 2,438,275,771.46 from CNY 3,694,348,146.12, marking a decline of 34.03%[31] - Cash inflow from financing activities totaled 1,043,750,000.00 and 1,731,540,737.61, while cash outflow was 806,892,800.98 and 1,841,874,588.53, leading to a net cash flow of 236,857,199.02 and -110,333,850.92[33] Assets and Liabilities - Total assets decreased by 2.07% to CNY 18,726,272,380.84 compared to the end of the previous year[5] - The company's total liabilities decreased from ¥16.23 billion at the beginning of the year to ¥15.82 billion[19] - The total assets as of March 31, 2017, amounted to CNY 10,086,638,431.36, compared to CNY 10,015,596,529.39 at the beginning of the year[24] - The company's total liabilities were CNY 7,890,026,444.62, an increase from CNY 7,811,063,670.42 at the start of the year[24] Shareholder Information - The company had a total of 49,177 shareholders at the end of the reporting period[9] - The largest shareholder, Xi'an High-tech Industrial Development Zone Real Estate Development Company, held 56.52% of the shares[9] Investment and Development - The cumulative sales area for real estate projects reached 1,099,761.08 square meters, with a total investment of CNY 2,474,051.89[7] - The company has not disclosed any new product or technology developments in this report[11] Earnings and Expenses - Financial expenses decreased significantly by 123.45%, from ¥2.38 million in Q1 2016 to -¥0.56 million in Q1 2017[13] - The inventory level was reported at ¥14.08 billion, a slight decrease from ¥14.44 billion at the beginning of the year[18] - The company reported an increase in investment income of 82.33%, rising to ¥89,294.68 from ¥48,973.32 in the previous year[13] - Total operating costs for Q1 2017 were CNY 947,405,576.86, up from CNY 572,110,789.10, reflecting a year-over-year increase of 65.7%[26]