NPEC(SH:600775)2016-04-29 16:00Financial Performance - Operating revenue decreased by 20.96% to CNY 692,513,313.37 year-on-year[6] - Net profit attributable to shareholders increased by 19.53% to CNY 37,909,364.42 compared to the same period last year[6] - Basic earnings per share rose by 19.60% to CNY 0.0415[6] - Total operating revenue for Q1 2016 was ¥692.51 million, a decrease of 20.93% compared to ¥876.13 million in Q1 2015[30] - Net profit for Q1 2016 reached ¥48.37 million, an increase of 12.93% from ¥42.95 million in Q1 2015[30] - The net profit attributable to shareholders of the parent company was ¥37.91 million, up 19.36% from ¥31.71 million in the previous year[30] - Basic and diluted earnings per share for Q1 2016 were both ¥0.0415, compared to ¥0.0347 in Q1 2015, reflecting a growth of 19.79%[32] Cash Flow - Net cash flow from operating activities was CNY 47,658,668.01, a significant recovery from a loss of CNY 113,121,176.77 in the previous year[6] - Cash flow from operating activities generated a net amount of ¥47.66 million, a significant recovery from a net outflow of ¥113.12 million in the same quarter last year[37] - Operating cash flow for Q1 2016 was negative at -37,086,442.84 RMB, compared to -151,109,822.64 RMB in the same period last year, indicating an improvement[40] - Total cash inflow from operating activities was 52,302,954.54 RMB, up from 44,247,629.45 RMB year-over-year[39] - Total cash outflow for operating activities was 89,389,397.38 RMB, down from 195,357,452.09 RMB year-over-year[40] Assets and Liabilities - Total assets increased by 3.05% to CNY 5,041,088,621.22 compared to the end of the previous year[6] - Current liabilities rose to ¥1,516,125,657.55, up from ¥1,405,403,968.51, indicating an increase of about 7.91%[24] - Non-current assets totaled ¥1,612,942,586.04, compared to ¥1,573,922,631.82, reflecting a growth of approximately 2.20%[24] - Total liabilities increased to ¥1,540,874,249.42 from ¥1,431,906,170.61, reflecting an increase of about 7.61%[24] - Owner's equity increased to ¥3,500,214,371.80 from ¥3,459,893,233.30, showing an increase of about 1.17%[24] Shareholder Information - The number of shareholders reached 38,872, with the top ten shareholders holding a combined 28.76% of the total shares[9][10] - The largest shareholder, Hong Kong Central Clearing Limited, holds 26.41% of the shares[9] - Panda Group pledged 93,880,000 shares, accounting for 10.27% of the total shares[11] - The company’s major shareholders, including China Electronics, committed to maintaining independence and avoiding competition with the company[15] Investment Activities - Investment income for Q1 2016 reached ¥57,366,375.94, a 74.75% increase compared to ¥32,827,324.56 in Q1 2015, primarily due to increased profits from affiliated companies[13] - Non-operating income surged to ¥15,948,418.57, reflecting a 379.22% increase from ¥3,327,961.87 in the same period last year, mainly due to increased government subsidy income[13] - The net cash flow from investment activities was -¥20,897,963.75, a 183.83% decrease from ¥24,928,442.00 in the previous year, primarily due to the purchase of principal-protected financial products[14] - Cash outflow for investment activities totaled 300,347,344.93 RMB, compared to 535,445,773.06 RMB in the previous year, showing a reduction in investment spending[40] Other Financial Metrics - The weighted average return on net assets increased by 0.16 percentage points to 1.15%[6] - Accounts receivable decreased by 30.06% to ¥137,151,757.43 from ¥196,107,157.14 at the beginning of the year, attributed to reduced sales receipts[14] - Prepayments increased by 31.63% to ¥169,224,015.42 from ¥128,556,264.84, mainly due to prepayments for material purchases[14] - The construction in progress rose by 143.37% to ¥11,300,874.80 from ¥4,643,526.54, reflecting ongoing equipment construction projects[14] - Cash and cash equivalents at the end of the period stood at 78,225,942.11 RMB, compared to 64,645,946.16 RMB at the end of the previous year[40]