QJCT(SH:600706)2016-04-28 16:00Financial Performance - Net profit attributable to shareholders increased by 156.93% to CNY 13,642,066.14 compared to the same period last year[6] - Basic earnings per share increased by 166.67% to CNY 0.08 compared to the same period last year[6] - The net profit excluding non-recurring items increased by 140.41% to CNY 12,429,957.27 compared to the same period last year[6] - Operating profit increased significantly to CNY 14,315,379.35, compared to CNY 4,445,937.05 in Q1 2015, representing a growth of 221.36%[27] - Net profit for the period was CNY 13,080,962.08, up 162.56% from CNY 4,991,298.55 in the previous year[27] - The company reported a net profit of CNY 218,320,425.20, an increase from CNY 204,678,359.06, indicating a growth of approximately 6.8% in retained earnings[24] Revenue and Costs - Operating revenue decreased by 3.40% to CNY 220,486,126.64 compared to the same period last year[6] - Total operating revenue for Q1 2016 was CNY 220,486,126.64, a decrease of 3.34% from CNY 228,247,220.97 in the same period last year[27] - Total operating costs decreased to CNY 206,170,747.29, down 7.93% from CNY 223,801,283.92 year-on-year[27] Assets and Liabilities - Total assets decreased by 0.77% to CNY 1,719,212,722.47 compared to the end of the previous year[6] - Total liabilities as of March 31, 2016, were 870.17 million CNY, a decrease of 26.42 million CNY or 2.95% from the beginning of the year[12] - Total liabilities decreased from CNY 896,589,998.71 to CNY 870,166,851.86, a reduction of approximately 2.9%[24] - The company's equity attributable to shareholders increased from CNY 832,669,689.95 to CNY 846,311,756.09, reflecting a growth of about 1.6%[24] Cash Flow - Net cash flow from operating activities improved by 56.04%, reaching CNY -6,701,005.53[6] - Cash flow from operating activities showed a net outflow of CNY 6,701,005.53, an improvement from a net outflow of CNY 15,243,396.13 in the previous period[30] - The net cash flow from investment activities was a negative CNY 19,192,324.13, compared to a negative CNY 25,751,266.74 in the previous year[30] - The company reported a net cash flow from investing activities of -¥18,804,702.93, an improvement from -¥25,918,959.34 in the prior year[31] Shareholder Information - The total number of shareholders reached 17,956 at the end of the reporting period[10] - The largest shareholder, Xi'an Qujiang Tourism Investment (Group) Co., Ltd., holds 51.66% of the shares[10] Operational Efficiency - Management expenses decreased to CNY 14,801,346.87 from CNY 17,126,712.23, indicating improved operational efficiency[29] - The company reported a decrease in sales expenses to CNY 4,876,206.25 from CNY 5,737,827.92 in the previous period, reflecting cost control measures[29] - The company's cash flow management strategies appear to be yielding positive results, as evidenced by the improved net cash flow from operating activities[31]