THDB(SH:600867)2017-04-26 16:00Financial Performance - Operating revenue rose by 25.25% to CNY 565,359,858.96 year-on-year[5] - Net profit attributable to shareholders increased by 30.16% to CNY 210,294,626.66 compared to the same period last year[5] - Cash flow from operating activities surged by 96.75% to CNY 232,792,568.32 year-on-year[5] - Total revenue for Q1 2017 reached ¥565,359,858.96, an increase of 25.2% compared to ¥451,384,869.73 in the same period last year[38] - Operating profit for the quarter was ¥244,999,910.04, up 30.6% from ¥187,410,555.60 year-over-year[38] - Net profit attributable to shareholders was ¥210,294,626.66, representing a 30% increase from ¥161,563,137.53 in the previous year[38] - The company reported a gross profit margin of approximately 57.5% for the quarter, compared to 58.5% in the previous year[38] - Basic earnings per share for Q1 2017 were ¥0.15, slightly up from ¥0.14 in the same quarter last year[39] - Net profit for Q1 2017 reached ¥208,765,056.06, up 28.0% from ¥163,115,841.67 in Q1 2016[43] - The operating profit for the period was ¥244,500,468.49, representing a growth of 28.8% compared to ¥189,901,294.42 in the previous year[41] Assets and Liabilities - Total assets increased by 1.80% to CNY 4,759,154,212.73 compared to the end of the previous year[5] - The company's total assets as of March 31, 2017, amounted to RMB 4,759,154,212.73, an increase from RMB 4,675,008,486.91 at the beginning of the year[30] - Total current assets increased to ¥2,252,121,140.78 from ¥2,054,589,814.64, reflecting a growth of 9.6%[33] - Total liabilities decreased to ¥582,809,686.86 from ¥615,647,949.48, a reduction of 5.3%[34] - The total liabilities decreased to RMB 611,201,884.79 from RMB 729,762,963.55 at the beginning of the year[30] - The total equity attributable to the parent company increased to RMB 4,142,236,427.86 from RMB 3,939,219,528.22 at the beginning of the year[30] - Total equity rose to ¥4,260,007,560.85, up from ¥4,051,242,504.79, indicating an increase of 5.2%[35] Cash Flow - The net cash flow from operating activities increased by 96.75% year-on-year, primarily due to an increase in product sales collections[19] - The net cash flow from operating activities increased to ¥229,742,665.42, up from ¥158,479,539.81, representing a growth of approximately 45%[49] - Cash inflow from operating activities totaled ¥521,482,320.07, compared to ¥436,073,136.64 in the previous period, indicating an increase of about 20%[49] - Cash flow from operating activities generated a net amount of ¥232,792,568.32, significantly higher than ¥118,320,660.48 in Q1 2016[46] - The total cash and cash equivalents at the end of the period reached ¥355,840,554.42, up from ¥164,012,382.58, marking a substantial increase of approximately 117%[51] - The company reported cash and cash equivalents at the end of the period amounting to ¥393,111,032.07, compared to ¥185,162,393.34 at the end of Q1 2016[46] Shareholder Information - The number of shareholders reached 35,632 by the end of the reporting period[9] - The company’s major shareholder, Dongbao Industrial Group, holds 37.60% of the shares[9] - The shareholding structure of the controlling shareholder changed, with significant transfers of shares among key individuals, impacting the control dynamics of the company[20] Investment Activities - Investment income rose by 194.90% to CNY 4,214,201.54 compared to the previous year[15] - The net cash flow from investment activities improved as the investment in the insulin analog production base construction project decreased compared to the previous period[19] - The company recorded investment cash inflows of ¥253,026,301.37, with cash outflows for investment activities totaling ¥282,372,933.43, resulting in a net cash outflow of ¥29,346,632.06[46] - The net cash flow from investing activities was -¥29,346,632.06, an improvement from -¥153,748,351.24, showing a reduction in losses[49] - Cash outflow for purchasing fixed assets and intangible assets was ¥32,372,933.43, down from ¥153,748,351.24, reflecting a significant decrease in capital expenditures[49] Financial Expenses - Financial expenses decreased by 61.91% to CNY 4,851,863.14 due to reduced borrowing[15] - The company incurred financial expenses of ¥4,863,177.90, a decrease of 61.9% from ¥12,746,747.33 in Q1 2016[41] - The net cash flow from financing activities decreased due to loan repayments during the reporting period[19] - The net cash flow from financing activities was -¥45,964,233.35, worsening from -¥23,314,852.32, indicating increased cash outflows related to financing[51] - Cash outflow for financing activities totaled ¥45,964,233.35, compared to ¥119,134,452.32 in the previous period, showing a decrease of about 61%[51]