HIKING(SH:600735)2016-04-29 16:00Financial Performance - Operating income decreased by 2.96% to CNY 300,234,333.72 compared to the same period last year[6] - Net profit attributable to shareholders increased by 18.44% to CNY 12,361,026.10 compared to the same period last year[6] - Basic earnings per share rose by 18.35% to CNY 0.0329 compared to the previous year[6] - The company reported a net profit of CNY 12,335,951.23, an increase of 17.98% compared to the previous year[6] - Net profit for Q1 2016 was CNY 17,485,650.18, an increase of 23.5% compared to CNY 14,110,757.42 in Q1 2015[24] - The net profit attributable to shareholders of the parent company was CNY 12,361,026.10, up 18.4% from CNY 10,436,185.29 in the previous year[24] - Basic and diluted earnings per share for Q1 2016 were CNY 0.0329, compared to CNY 0.0278 in Q1 2015, reflecting a growth of 18.4%[24] Asset and Liability Overview - Total assets increased by 6.67% to CNY 971,247,904.94 compared to the end of the previous year[6] - The company's current assets totaled CNY 713,701,787.12, up from CNY 653,623,403.11, indicating an increase of about 9.2%[18] - Total liabilities increased to CNY 224,676,576.37 from CNY 187,023,324.27, reflecting a rise of approximately 20.1%[19] - Total liabilities as of the end of Q1 2016 were CNY 40,687,707.37, slightly up from CNY 40,414,757.43 at the end of the previous year[22] - The company's equity attributable to shareholders rose to CNY 703,646,589.82 from CNY 694,736,511.36, an increase of about 1.4%[19] Cash Flow Analysis - Cash flow from operating activities decreased by 36.19% to CNY 26,705,531.47 compared to the same period last year[6] - Operating cash flow for the period was ¥26,705,531.47, a decrease of 36.3% compared to ¥41,850,537.35 in the previous period[30] - Cash inflow from operating activities totaled ¥322,078,682.10, down from ¥333,000,534.21, reflecting a decline of 3.4%[30] - Cash outflow from operating activities increased to ¥295,373,150.63 from ¥291,149,996.86, marking a rise of 1.5%[30] - The ending cash and cash equivalents balance increased to ¥245,930,158.91 from ¥171,752,020.72, representing a growth of 43.2%[31] Shareholder Information - The total number of shareholders reached 35,036 at the end of the reporting period[10] - The largest shareholder, Shandong Lujin Import and Export Group Co., Ltd., holds 50.99% of the shares[10] Other Financial Metrics - The weighted average return on equity increased by 0.44 percentage points to 2.05%[6] - Non-recurring gains and losses totaled CNY 25,074.87 for the reporting period[8] - The company experienced a significant reduction in sales expenses, which were CNY 31,864,797.69, down from CNY 33,264,284.71 year-over-year[23] - The company recorded an investment income of CNY 350,462.03, an increase from CNY 299,620.66 in the previous year[23] - The company reported a comprehensive income total of CNY 19,060,205.73 for Q1 2016, compared to CNY 13,218,279.76 in the same period last year[24]