ISS(SH:600756)2017-04-27 16:00Financial Performance - Operating revenue increased by 72.12% to CNY 291,342,901.00 year-on-year, primarily due to growth in the integration sector[12] - Net profit attributable to shareholders increased by 30.08% to CNY 21,599,329.75 compared to the same period last year[8] - Investment income rose by 66.07% year-on-year, driven by increased financial management income and improved operating profit from a subsidiary[12] - Basic and diluted earnings per share increased by 16.67% to CNY 0.070[8] - Total operating revenue for the current period reached ¥291,342,901, a significant increase of 72.2% compared to ¥169,268,790 in the previous period[22] - Operating profit for the current period was ¥24,736,495, compared to ¥17,364,090 in the previous period, indicating a growth of 42.9%[22] - Net profit attributable to shareholders of the parent company was ¥22,408,687, an increase of 31.5% from ¥17,032,113 in the previous period[23] - Investment income for the current period was ¥24,878,260, an increase of 66.3% from ¥14,980,150 in the previous period[22] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -108,172,629.56, a decrease of 6.40% year-on-year[8] - Cash flow from operating activities showed a net outflow of ¥108,172,630, slightly worse than the outflow of ¥101,668,644 in the previous period[30] - The net cash flow from operating activities was negative CNY 123,760,993.09, compared to negative CNY 101,917,228.62 in the same period last year, indicating a decline in operational efficiency[34] - Total cash and cash equivalents at the end of Q1 2017 were CNY 209,284,243.08, down from CNY 829,318,280.69 at the end of the previous period, reflecting a decrease of approximately 74.8%[34] - The company received CNY 976,178,761.16 from financing activities, indicating strong capital inflow compared to the previous period[34] - Cash outflow for tax payments was CNY 16,936,223.79, slightly higher than CNY 16,397,945.52 in the previous year, showing a marginal increase[34] Assets and Liabilities - Total assets decreased by 5.08% to CNY 2,934,809,569.38 compared to the end of the previous year[8] - Total current assets decreased from CNY 2,208,564,604.35 at the beginning of the year to CNY 1,981,556,461.72, a decline of approximately 10.3%[16] - Total liabilities decreased from CNY 1,431,669,884.40 to CNY 1,236,022,224.15, a decline of about 13.7%[20] - Total equity decreased from CNY 1,770,453,639.39 to CNY 1,759,373,774.79, a slight decrease of approximately 0.5%[21] - The company reported a total asset decrease from CNY 3,202,123,523.79 to CNY 2,995,395,998.94, a decline of about 6.5%[21] Operational Efficiency - The weighted average return on equity decreased by 0.22 percentage points to 1.09%[8] - Non-operating income decreased by 42.08% year-on-year, mainly due to a reduction in government subsidies[12] - The company reported a significant decrease of 97.02% in accounts receivable due to settlement at maturity[12] - Cash paid for purchasing goods and services was CNY 335,604,674.69, up from CNY 177,373,787.50, indicating increased operational costs[33] - Sales expenses rose to ¥43,593,359, compared to ¥28,666,978, marking an increase of 52.0%[22] - Management expenses increased to ¥79,827,341, up from ¥63,605,886, reflecting a rise of 25.5%[22] Inventory and Receivables - Inventory decreased from CNY 254,346,760.29 to CNY 233,326,961.12, a reduction of about 8.3%[19] - Accounts receivable decreased from CNY 543,460,368.04 to CNY 488,992,507.00, a reduction of approximately 10.0%[19] - Other receivables increased from CNY 122,072,493.00 to CNY 130,554,730.75, an increase of approximately 7.4%[19] - The company’s fixed assets increased from CNY 46,165,549.33 to CNY 64,234,356.07, an increase of approximately 39.2%[20] - Deferred income tax liabilities decreased from CNY 12,027.96 to CNY 9,148.07, a reduction of about 24.5%[20]