JZYY(SH:600750)2016-04-27 16:00Financial Performance - Operating income decreased by 22.80% to CNY 480,619,499.67 compared to the same period last year[6] - Net profit attributable to shareholders increased by 68.72% to CNY 107,539,403.14 compared to the same period last year[6] - Basic earnings per share rose by 71.43% to CNY 0.36 compared to the same period last year[6] - Total operating revenue for Q1 2016 was CNY 480,619,499.67, a decrease of 22.8% compared to CNY 622,532,331.98 in the same period last year[29] - Net profit for Q1 2016 reached CNY 107,543,997.04, representing a 64.4% increase from CNY 65,402,391.76 in Q1 2015[30] - Net profit for Q1 2016 reached CNY 110,773,711.42, up 47.8% from CNY 74,881,615.00 in Q1 2015[34] - The total comprehensive income attributable to the parent company was CNY 107,539,403.14, compared to CNY 63,737,729.29 in the same period last year, marking a 68.7% increase[34] Cash Flow - The net cash flow from operating activities increased by 24.92% to CNY 115,890,768.39 compared to the same period last year[6] - The net cash flow from operating activities for the current period is 115.89 million yuan, an increase of 23.12 million yuan compared to the same period last year, representing a growth rate of 24.92%[14] - The net cash flow from financing activities for the current period is 69.87 million yuan, an increase of 72.02 million yuan compared to the same period last year[15] - The net cash flow from operating activities was CNY 115,890,768.39, an increase of 25% from CNY 92,770,984.64 in the previous year[37] - The total cash inflow from financing activities was CNY 90,000,000.00, with a net cash flow of CNY 69,872,194.44, showing a positive trend in financing operations[38] - Net cash flow from financing activities improved to $69,872,194.44, compared to -$1,736,216.05 in the previous period[41] Assets and Liabilities - Total assets increased by 8.53% to CNY 2,906,650,912.38 compared to the end of the previous year[6] - The total current liabilities at the end of the period are 443.45 million yuan, an increase from 322.60 million yuan at the beginning of the year[22] - The company's total liabilities were CNY 304,740,515.08, significantly higher than CNY 119,162,025.69 at the beginning of the year[27] - Current assets totaled CNY 1,365,399,492.21, an increase of 27.6% compared to CNY 1,069,797,983.52 at the start of the year[26] - The company's equity attributable to shareholders increased to CNY 2,647,601,729.18 from CNY 2,536,828,017.76, reflecting a growth of 4.4%[27] Expenses - Operating costs for the current period are 125.55 million yuan, a decrease of 194.61 million yuan compared to the same period last year, representing a decline of 60.79%[13] - The company reported a significant reduction in sales expenses, which were CNY 199,163,803.78 compared to CNY 186,180,777.64 in the previous year, indicating a strategic focus on cost management[30] - The company reported a decrease in sales expenses to CNY 119,013,410.41 from CNY 105,555,899.96, indicating a more efficient cost management strategy[33] Investment Income - Investment income for the current period is 1.52 million yuan, an increase of 1.99 million yuan compared to the same period last year, with a growth rate of 421.71%[14] - Investment income for Q1 2016 was CNY 2,359,809.79, a significant recovery from a loss of CNY 471,991.62 in the previous year[33] Shareholder Information - The total number of shareholders reached 32,931 at the end of the reporting period[9] - The company has committed to distributing at least 20% of the net profit attributable to shareholders in cash dividends annually for the years 2014-2016, provided there are no major investment plans or cash expenditures[17] Other Financial Metrics - Short-term borrowings increased by 50% to CNY 30 million compared to the end of the previous year[12] - Accounts payable increased by 36.02% to CNY 61.39 million compared to the end of the previous year[12] - Prepayments decreased by 40.76% to CNY 79.86 million compared to the end of the previous year[12] - Employee compensation payable decreased by 47.26% to CNY 24.46 million compared to the end of the previous year[12] - The balance of taxes payable at the end of the period is 45.85 million yuan, an increase of 25.74 million yuan compared to the end of the previous year, representing a growth rate of 127.96%[13] - Other payables at the end of the period amount to 154.79 million yuan, an increase of 119.07 million yuan compared to the end of the previous year, with a growth rate of 333.28%[13]