NBSS(SH:600884)2017-04-26 16:00Financial Performance - Operating revenue for the first quarter reached CNY 1,537,699,891.71, representing a 36.87% increase year-on-year[6] - Net profit attributable to shareholders increased by 90.58% to CNY 83,416,156.65 compared to the same period last year[6] - The weighted average return on equity rose by 0.325 percentage points to 1.006%[6] - Basic earnings per share decreased by 18.68% to CNY 0.074 compared to the previous year[6] - Total operating revenue for Q1 2017 was CNY 1,537,699,891.71, an increase of 37.0% compared to CNY 1,123,453,621.34 in the same period last year[30] - Net profit for Q1 2017 reached CNY 103,975,396.88, representing a 89.8% increase from CNY 54,781,747.65 in Q1 2016[30] - The profit attributable to the parent company's shareholders was CNY 83,416,156.65, up 90.5% from CNY 43,770,545.97 in the previous year[30] - Other comprehensive income after tax for Q1 2017 was CNY 208,190,110.64, compared to a loss of CNY 238,591,527.81 in the same period last year[30] - The total comprehensive income for Q1 2017 was CNY 312,165,507.52, compared to a loss of CNY 183,809,780.16 in Q1 2016[31] Assets and Liabilities - Total assets increased by 5.65% to CNY 15,409,853,527.13 compared to the end of the previous year[6] - Total current assets increased to ¥7,618,196,746.76 from ¥7,148,258,794.97, representing a growth of approximately 6.5%[20] - Total non-current assets increased to ¥7,791,656,780.37 from ¥7,438,157,137.26, reflecting a growth of about 4.8%[21] - Total liabilities increased to ¥6,448,865,828.78 from ¥5,942,297,732.46, an increase of approximately 8.5%[22] - The total liabilities amounted to CNY 3,416,022,969.86, a decrease from CNY 3,643,494,146.69 in the previous period[30] - The total equity increased to CNY 7,397,105,249.87 from CNY 7,188,856,436.84 year-over-year[30] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 336,799,102.00, compared to a net outflow of CNY 236,902,251.02 in the same period last year[6] - The net cash flow from operating activities was negative at -¥336,799,102.00, compared to -¥236,902,251.02 in the same period last year, influenced by cash payments for machinery and equipment[17] - Cash inflow from operating activities totaled CNY 1,241,414,518.92, an increase from CNY 1,137,308,303.90 year-over-year[37] - The company reported a total cash outflow of CNY 764,734,174.27 for the period, compared to an inflow of CNY 2,881,403,312.21 in the previous year[38] - The company’s cash flow from operating activities was negatively impacted by increased payments to employees, totaling CNY 137,635,047.07, compared to CNY 86,240,305.85 last year[37] Shareholder Information - The total number of shareholders at the end of the reporting period was 63,635[10] - The top ten shareholders held a total of 63.54% of the shares, with Shanshan Group Co., Ltd. holding 23.79%[10] Investments and Acquisitions - The company completed the acquisition of 90.035% of Eureka, which impacted the financial statements due to the consolidation of financial results[8] - The company completed the disposal of a 24% stake in Jiangsu Livi Energy Battery System Co., Ltd., which impacted the pre-receipts and reduced the pre-receipts by 39.45% to ¥79,968,094.44[14] - The company is actively pursuing the listing of its subsidiaries, Shanshan Brand Operation Co., Ltd. and Fuyin Financing Leasing (Shenzhen) Co., Ltd., on the Hong Kong Stock Exchange[18] Other Financial Metrics - The company reported non-recurring gains and losses totaling CNY 4,605,487.15 for the period[10] - The fair value changes of available-for-sale financial assets resulted in a profit of ¥206,490,978.60, primarily due to fluctuations in the stock price of Ningbo Bank[15] - The company reported an investment income of CNY 42,217,424.40, an increase from CNY 33,499,193.39 in the previous year[30]