CIH(SH:600715)2017-04-28 16:00Financial Performance - Operating revenue rose by 61.95% to CNY 843,864,437.16 year-on-year[6] - Net profit attributable to shareholders increased by 25.61% to CNY 226,334,502.33 compared to the same period last year[6] - Basic and diluted earnings per share increased by 27.27% to CNY 0.14[6] - Total operating revenue for Q1 2017 was CNY 843,864,437.16, an increase of 62% compared to CNY 521,075,474.33 in the same period last year[29] - Net profit for Q1 2017 reached CNY 225,380,173.50, representing a 25% increase from CNY 180,182,255.62 in Q1 2016[30] - The company reported a significant increase in tax expenses, totaling CNY 60,785,941.13, compared to CNY 48,089,304.87 in the previous year[30] Assets and Liabilities - Total assets increased by 6.98% to CNY 7,848,301,422.22 compared to the end of the previous year[6] - The total liabilities as of March 31, 2017, were CNY 3,076,988,090.95, compared to CNY 2,790,784,678.75 at the beginning of the year[24] - The company's equity attributable to shareholders increased to CNY 4,751,712,758.66 from CNY 4,524,961,221.29, reflecting a growth of approximately 5%[24] - The company's non-current assets totaled CNY 5,210,024,778.05, up from CNY 4,647,995,898.28, marking an increase of about 12.1%[23] Cash Flow - Net cash flow from operating activities surged by 8,433.59% to CNY 359,126,980.79 compared to the previous year[6] - Cash received from sales and services was RMB 833.84 million, a 44.36% increase from RMB 577.60 million in the previous year, driven by growth in box office and gaming services[16] - The cash flow from operating activities showed a positive trend, with cash received from operating activities increasing by 114.61% to RMB 32.24 million[16] - Operating cash inflow for Q1 2017 was ¥1,157,511,200.48, up from ¥728,298,780.66 in Q1 2016, representing an increase of approximately 58.5%[34] - The net cash flow from operating activities was ¥359,126,980.79, a substantial increase from ¥4,208,391.70 in the previous year[35] Shareholder Information - The total number of shareholders reached 18,133 by the end of the reporting period[12] - The top shareholder, Beijing Wenzi Holdings Co., Ltd., holds 22.88% of shares, totaling 377,389,466 shares[12] Investment and Financing - The company plans to raise RMB 2.5 billion through a non-public offering of 111,806,800 shares to fund new cinema projects and supplement operational capital[17] - Long-term borrowings increased by 122.40% to RMB 175.69 million, reflecting new bank loans taken out[16] - Other payables rose by 81.28% to RMB 656.73 million, due to new equity consideration for the acquisition of subsidiaries[16] Inventory and Receivables - The company reported a significant decrease in inventory, down 65.21% to RMB 12.97 million, due to sufficient year-end stock levels[15] - The company’s accounts receivable increased to CNY 573,921,250.29 from CNY 539,970,148.27, showing an increase of approximately 6.3%[22] Non-Recurring Items - The company reported non-recurring gains of CNY 1,399,006.57 for the period[11] - The company reported a 95.24% increase in non-operating income, reaching RMB 3.88 million, attributed to the growth of the film special fund[16] Audit and Compliance - The company has not undergone an audit for this quarterly report[7] Profit Distribution - The company completed the implementation of the 2015 profit distribution and capital reserve transfer plan, adjusting the number of non-publicly issued shares to 223,613,600 shares[18] - The adjusted number of shares for the non-public offering was set at 205,724,500 shares, with raised funds amounting to CNY 2,299,999,910[18]