AURORA(SH:600666)2017-04-28 16:00Financial Performance - Operating revenue for the current period was CNY 226,965,995.91, an increase of 49.68% year-on-year[6] - Net profit attributable to shareholders was CNY 47,382,435.40, reflecting a growth of 54.24% compared to the same period last year[6] - Basic earnings per share increased to CNY 0.06, up 50.00% from CNY 0.04 in the same period last year[6] - The company reported a net profit increase of 150.97% from minority shareholders due to the turnaround of a controlling subsidiary[12] - The total profit for the current period was ¥54,660,994.18, compared to ¥37,127,955.94 in the previous period, representing an increase of about 47.2%[25] Cash Flow - Net cash flow from operating activities reached CNY 112,140,328.22, a significant improvement of 160.75% from a negative cash flow of CNY 184,594,988.14 in the previous year[6] - The net cash flow from operating activities for Q1 2017 was 1,055,118.10 RMB, a significant improvement compared to a net outflow of 14,475,393.23 RMB in the same period last year[34] - Cash inflow from operating activities totaled 56,011,698.52 RMB, while cash outflow was 54,956,580.42 RMB, resulting in a positive cash flow from operations[34] - The company experienced a net decrease in cash and cash equivalents of 47,014,828.38 RMB during the quarter[31] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,783,974,871.57, a decrease of 0.76% compared to the end of the previous year[6] - Current liabilities decreased from CNY 2,227,791,213.72 to CNY 1,973,651,529.20, a reduction of about 11.43%[19] - Non-current liabilities increased from CNY 2,011,550,777.44 to CNY 2,166,500,575.76, an increase of approximately 7.71%[19] - Total liabilities decreased from CNY 4,239,341,991.16 to CNY 4,140,152,104.96, a decrease of about 2.33%[19] - Owner's equity increased from CNY 2,596,362,653.62 to CNY 2,643,822,766.61, an increase of approximately 1.82%[19] Shareholder Information - The total number of shareholders at the end of the reporting period was 70,108[9] - The top shareholder, Zuo Hongbo, holds 19.00% of the shares, with 145,764,697 shares, of which 58,419,822 are pledged[9] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 27,452,188.04, which are closely related to its normal business operations[7] - The company has seen a significant increase in government subsidy income, with operating other income rising by 183.57%[12] Receivables and Inventory - Accounts receivable decreased by ¥24,036,438.12, a reduction of 46.49% due to the maturity of certain receivables[11] - Other receivables decreased by ¥2,868,192.72, a decline of 34.03% attributed to the recovery of construction project guarantees[11] - Inventory increased from CNY 857,964,924.34 to CNY 875,516,708.70, an increase of about 2.03%[18] Operating Costs and Revenue - Operating costs rose by ¥74,582,977.30, an increase of 78.94% due to the rise in operating revenue[12] - Cash received from sales increased by ¥203,159,506.30, a significant increase of 204.33% due to a substantial rise in customer payments[12] - The company recorded a significant increase in sales revenue from services, totaling ¥302,585,171.74, compared to ¥99,425,665.44 in the previous period, representing a growth of approximately 204.5%[29] Borrowings and Financial Expenses - Long-term borrowings increased by ¥174,960,000.00, a growth of 124.97% due to new loans for the acquisition of XinHang Technology[11] - The company incurred financial expenses of ¥13,940,690.22, which increased from ¥8,141,259.94, indicating a rise of approximately 71.5%[25] Investment Activities - The company reported a total investment cash outflow of 424,613,972.75 RMB, with a net cash flow from investment activities of -423,462,309.96 RMB[31] - The company received 337,860,000.00 RMB from borrowings during the financing activities, which contributed to the overall cash flow[31] Future Plans - The company plans to apply for the resumption of its non-public stock issuance review with the China Securities Regulatory Commission[14]