HSGC(SH:600774)2017-04-21 16:00Financial Performance - Operating income for the current period was ¥251,832,439.03, a decrease of 3.64% compared to the previous year[6] - Net profit attributable to shareholders increased by 88.99% to ¥6,612,550.33[6] - Basic earnings per share increased by 105% to ¥0.041[6] - Total operating revenue for Q1 2017 was CNY 251,832,439.03, a decrease of 3.9% from CNY 261,349,316.81 in the previous year[24] - Net profit for Q1 2017 reached CNY 5,722,365.22, significantly higher than CNY 1,506,514.30 in Q1 2016, representing an increase of 279.5%[25] - The profit attributable to the parent company's shareholders was CNY 7,194,147.36, compared to CNY 3,458,097.19 in the previous year, marking a 108.1% increase[25] - The total profit for Q1 2017 was CNY 10,623,422.17, compared to CNY 6,384,765.60 in the same period last year, representing a year-over-year increase of approximately 66.5%[30] - The net profit for Q1 2017 reached CNY 8,087,924.74, up from CNY 4,719,315.76 in Q1 2016, indicating a growth of about 71.5%[30] Asset and Liability Changes - Total assets decreased by 3.18% from the end of the previous year, amounting to ¥1,660,879,109.10[6] - The total assets decreased from ¥1,715,393,877.11 to ¥1,660,879,109.10, reflecting a decline in overall asset value[18] - The company's total assets amounted to CNY 988,969,066.76, a decrease from CNY 1,042,463,190.32 year-over-year[22] - The total liabilities decreased from ¥1,027,976,128.53 to ¥967,738,995.30, indicating a reduction in financial obligations[18] - Total liabilities decreased to CNY 360,813,713.56 from CNY 422,395,761.86, reflecting a reduction of 14.6%[22] - Current liabilities totaled CNY 299,886,178.87, down from CNY 358,612,880.21, indicating a decrease of 16.3%[22] - The company's equity increased to CNY 628,155,353.20 from CNY 620,067,428.46, showing a growth of 1.8%[22] Cash Flow and Liquidity - Cash flow from operating activities decreased by 48.84% to ¥5,554,104.31[6] - The company's cash and cash equivalents decreased from ¥154,216,167.66 to ¥90,575,362.30, indicating a significant reduction in liquidity[16] - Operating cash flow for Q1 2017 was CNY 5,554,104.31, a decrease of 48.9% from CNY 10,857,098.47 in Q1 2016[32] - Cash and cash equivalents at the end of Q1 2017 totaled CNY 90,575,362.30, down from CNY 46,076,128.09 at the end of Q1 2016, reflecting a decline of 96.5%[33] - The company reported cash inflows from operating activities of CNY 299,288,271.97, slightly down from CNY 301,183,151.57 in the previous year[32] - Total cash outflows from financing activities in Q1 2017 were CNY 56,302,376.42, compared to CNY 37,305,930.16 in Q1 2016, marking an increase of 50.5%[33] - The net cash flow from investment activities was -CNY 31,892,533.25, worsening from -CNY 29,337,165.44 in the same period last year[32] - The company incurred a cash outflow of CNY 51,580,346.96 for debt repayment in Q1 2017, which is an increase from CNY 31,680,346.96 in Q1 2016[33] Investment and Subsidies - The company received government subsidies amounting to ¥559,800.00 during the reporting period[12] - Investment income rose by 32.77% to ¥1,146,660.90 due to increased profits from invested enterprises[11] - The company reported an investment income of CNY 1,146,660.90, up from CNY 863,666.91, indicating a growth of 32.8%[25] Shareholder Information - The number of shareholders reached 14,966 by the end of the reporting period[9]