STEC(SH:600820)2017-04-27 16:00Financial Performance - Net profit attributable to shareholders increased by 10.42% to CNY 353.63 million year-on-year[7] - Operating revenue rose by 5.18% to CNY 5.29 billion compared to the same period last year[7] - The company's basic earnings per share increased by 10.00% to CNY 0.11[7] - Total operating revenue for Q1 2017 was CNY 5,292,852,072.61, an increase of 5.2% compared to CNY 5,032,189,599.78 in the same period last year[23] - Net profit for Q1 2017 reached CNY 359,237,824.59, representing a 10.8% increase from CNY 324,193,251.76 in Q1 2016[24] - The net profit attributable to shareholders of the parent company was CNY 353,632,352.03, compared to CNY 320,261,874.30 in the previous year, marking a growth of 10.4%[24] - Earnings per share for Q1 2017 were CNY 0.11, up from CNY 0.10 in the same quarter last year[24] - The total operating profit for the quarter was CNY 42,508,691.09, an increase from CNY 38,213,687.05, reflecting a growth of approximately 8.0% year-over-year[27] Assets and Liabilities - Total assets decreased by 7.59% to CNY 61.93 billion compared to the end of the previous year[7] - The company's current assets totaled CNY 33.19 billion, down from CNY 36.69 billion at the beginning of the year, indicating a decrease of about 9.09%[17] - The total liabilities decreased from CNY 48.76 billion to CNY 43.19 billion, representing a reduction of approximately 11.5%[18] - The company's cash and cash equivalents were CNY 10.91 billion, down from CNY 12.81 billion, a decline of about 14.87%[16] - Accounts receivable decreased from CNY 14.13 billion to CNY 11.39 billion, a reduction of approximately 19.5%[16] - Inventory increased from CNY 6.46 billion to CNY 7.43 billion, reflecting an increase of about 15%[17] - The company's long-term borrowings decreased from CNY 10.89 billion to CNY 8.74 billion, a decline of approximately 19.7%[18] - The company's total current liabilities were CNY 32.50 billion, down from CNY 35.92 billion, indicating a decrease of approximately 6.73%[18] - The total non-current assets were CNY 28.74 billion, down from CNY 30.32 billion, reflecting a decrease of about 5.23%[17] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 878.89 million, compared to a net outflow of CNY 757.72 million in the previous year[7] - The net cash flow from operating activities was -CNY 878,893,922.12, compared to -CNY 757,716,067.76 in the previous year, reflecting a worsening cash flow situation[30] - The company incurred total operating expenses of CNY 9,931,349,001.40, down from CNY 10,435,323,600.01, indicating a reduction of approximately 4.8%[29] - Investment activities resulted in a net cash outflow of -CNY 472,338,847.86, an improvement from -CNY 1,362,456,201.50 in the previous year[30] - The cash flow from financing activities showed a net outflow of -$37,280,311.93, compared to -$201,470,209.90 in the previous year, indicating an improvement of about 81.5%[33] Shareholder Information - The number of shareholders reached 189,302 at the end of the reporting period[11] - The equity attributable to shareholders of the parent company increased from CNY 17.80 billion to CNY 18.15 billion, an increase of about 1.96%[19] Government Subsidies - Government subsidies recognized in the current period amounted to CNY 59.79 million, closely related to the company's normal business operations[7]