SCSF(SH:600779)2017-04-27 16:00Financial Performance - Operating revenue rose by 32.78% to CNY 398,617,249.23 year-on-year[6] - Net profit attributable to shareholders increased by 17.68% to CNY 92,154,009.63 compared to the same period last year[6] - Basic earnings per share improved by 17.65% to CNY 0.1886 compared to the previous year[6] - The company reported a net profit of CNY 92,013,133.09, reflecting a 9.33% increase year-on-year[6] - Net profit for Q1 2017 reached CNY 92,154,009.63, representing a 17.7% increase from CNY 78,307,713.03 in Q1 2016[25] - Total operating revenue for Q1 2017 was CNY 398,617,249.23, an increase of 32.8% compared to CNY 300,206,112.81 in the same period last year[24] Cash Flow - Net cash flow from operating activities surged by 124.01% to CNY 168,641,977.63 year-on-year[6] - Cash inflow from operating activities was ¥527,814,091.64, up from ¥275,425,221.84, indicating a growth of approximately 91.7% year-over-year[31] - The net cash flow from operating activities was ¥168,641,977.63, compared to ¥75,282,281.42 in the previous year, reflecting a year-over-year increase of about 124.3%[31] Assets and Liabilities - Total assets increased by 6.41% to CNY 2,344,783,422.47 compared to the end of the previous year[6] - The total assets as of March 31, 2017, amounted to ¥2,344,783,422.47, up from ¥2,203,543,830.66 at the beginning of the year[17] - The total liabilities increased to ¥783,105,290.10, compared to ¥734,019,707.92 at the beginning of the year[18] - Total liabilities as of the end of Q1 2017 were CNY 272,068,684.66, an increase from CNY 268,795,045.32 at the start of the year[22] Shareholder Information - The number of shareholders reached 34,643 at the end of the reporting period[8] - The largest shareholder, Sichuan Chengdu Shuijingfang Group, holds 39.71% of the shares[8] Expenses and Investments - The net profit for Q1 2017 was impacted by a significant increase in sales expenses, which rose by 82.45% to ¥102,187,206.48[12] - The company invested ¥29,513,833.91 in capital expenditures, a significant increase of 479.21% compared to ¥5,095,527.81 in the previous year[12] - The cash outflow for investing activities was ¥29,514,048.91, compared to ¥5,049,270.81 in the previous period, indicating a significant increase in investment spending[31] Operational Metrics - The weighted average return on net assets increased by 0.08 percentage points to 6.08%[6] - Accounts receivable decreased by ¥10,242,660.48, a reduction of 59.24%, primarily due to the collection of overdue accounts[12] - Total operating costs for Q1 2017 amounted to CNY 270,801,420.31, up 37.8% from CNY 196,366,193.15 in Q1 2016[25] - Inventory increased to CNY 795,642,219.38 from CNY 774,355,143.47, indicating a growth of 2.5%[21] Technology and Development - The development expenditure for the ERP project increased by 46.23%, reaching ¥9,591,069.43, indicating ongoing investment in technology[12] - The company is focusing on expanding its market presence and investing in new technologies, although specific details were not provided in the financial report[28] Overall Assessment - The report indicates a strong operational performance, with significant improvements in both revenue and profit metrics compared to the previous year[28]