Insigma(SH:600797)2017-04-28 16:00Financial Performance - Operating revenue fell by 15.65% to CNY 573,207,984.53 year-on-year[6] - Net profit attributable to shareholders increased by 162.91% to CNY 9,128,957.48, compared to a loss in the same period last year[6] - Basic earnings per share improved by 150% to CNY 0.01 from a loss in the previous year[6] - Total operating revenue for Q1 2017 was ¥573,207,984.53, a decrease of 15.6% compared to ¥679,520,048.71 in the same period last year[28] - Net profit for Q1 2017 reached ¥9,958,696.79, compared to a net loss of ¥15,455,517.98 in Q1 2016[29] - The company's operating revenue for Q1 2017 was CNY 7,597,923.78, a decrease of 40.5% compared to CNY 12,668,183.03 in the same period last year[31] - The net profit for Q1 2017 was CNY 18,525,123.06, an increase of 215.5% from CNY 5,875,813.09 in Q1 2016[32] - The total comprehensive income for Q1 2017 was CNY 18,520,478.57, compared to CNY 5,524,300.61 in the previous year, reflecting a significant increase[32] Cash Flow - Cash flow from operating activities decreased by 46.55% to CNY -327,073,823.49 compared to the same period last year[6] - Net cash flow from operating activities decreased by 46.55% to -¥327,073,823.49 primarily due to a reduction in cash flows related to operating activities[14] - Cash inflow from investment activities reached $93,738,289.05, up from $50,136,479.42 year-over-year[39] - Net cash flow from investment activities was $93,723,001.05, a turnaround from -$15,414,133.46 in the previous period[39] - Cash inflow from financing activities amounted to $55,000,000.00, with cash outflow totaling $88,376,323.98[39] - The net cash flow from financing activities was -$33,376,323.98, an improvement from -$95,277,196.01 in the prior period[39] - The ending cash and cash equivalents balance was $191,795,140.21, compared to $121,610,077.13 at the end of the previous period[39] Assets and Liabilities - Total assets decreased by 8.87% to CNY 3,700,358,746.89 compared to the end of the previous year[6] - Cash and cash equivalents decreased by 39.87% to CNY 560,717,357.43 due to loan repayments and payments for goods[12] - The total assets as of March 31, 2017, amounted to ¥2,922,035,119.16, a decrease from ¥3,051,527,460.22 at the beginning of the year[25] - Current liabilities totaled ¥442,754,939.44, down 25% from ¥589,748,471.06 at the start of the year[25] - Cash and cash equivalents decreased to ¥69,118,508.19 from ¥143,230,464.20 at the beginning of the year, a decline of 51.7%[23] - Accounts receivable dropped significantly to ¥13,472,550.45 from ¥130,930,545.61, a decrease of 89.7%[23] Shareholder Information - The number of shareholders reached 82,454, with the largest shareholder holding 19.65% of the shares[8] - The company's equity attributable to shareholders increased to ¥2,479,280,179.72 from ¥2,461,778,989.16 at the beginning of the year[25] Other Financial Metrics - Non-recurring gains and losses totaled CNY 18,863,999.19, primarily from asset disposals and government subsidies[7] - Tax and additional fees decreased by 54.39% to ¥2,166,527.49 due to the implementation of VAT reform[13] - Financial expenses decreased by 43.58% to ¥4,782,003.67 as a result of reduced borrowing scale and interest expenses[13] - Investment income increased by 885.04% to ¥20,321,237.37 due to increased gains from equity disposals[13] - Asset impairment losses increased by 132.44% to ¥3,378,476.72 due to higher provisions for receivables and inventory[13] - Fair value changes in earnings improved by 80.88% to -¥208,027.00 as stock losses decreased[13] - Operating income from non-operating activities decreased by 63.56% to ¥1,644,373.20 due to a reduction in government subsidies[13] - Other non-operating expenses decreased by 87.82% to ¥136,018.24 primarily due to a decrease in water conservancy construction fund[13]