MYL(600993)2017-04-20 16:00Financial Performance - Operating revenue for the period was CNY 385,812,281.73, representing a decline of 18.91% year-on-year[7] - Net profit attributable to shareholders was CNY 86,696,427.09, an increase of 8.03% compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses was CNY 80,296,218.30, an increase of 13.18% year-on-year[7] - Total operating revenue for Q1 2017 was CNY 385,812,281.73, a decrease of 19% from CNY 475,801,703.32 in the previous period[29] - Net profit for Q1 2017 reached CNY 85,677,075.21, an increase of 10% compared to CNY 78,003,783.72 in the same period last year[29] - The net profit attributable to shareholders of the parent company was CNY 86,696,427.09, up from CNY 80,253,028.33, reflecting a growth of 8%[29] - The company's operating revenue for the current period reached ¥244,785,360.87, an increase of 16.6% compared to ¥209,994,986.54 in the previous period[33] - The net profit for the current period was ¥90,722,956.91, reflecting a growth of 14.1% from ¥79,602,224.09 in the same period last year[33] - The total profit for the current period was ¥105,689,814.95, an increase of 14.9% from ¥92,021,988.51 in the previous period[33] Cash Flow - Net cash flow from operating activities reached CNY 56,871,232.09, a significant increase of 1,037.38% year-on-year[7] - Net cash flow from operating activities increased by 1037.38% to ¥56,871,232.09, mainly due to increased cash received from goods purchased and services rendered[15] - The net cash flow from operating activities was ¥56,871,232.09, significantly higher than ¥5,000,182.36 in the previous period[36] - The cash flow from investment activities showed a net inflow of ¥10,542,408.04, a recovery from a net outflow of ¥95,501,631.88 in the previous period[37] - The net increase in cash and cash equivalents for Q1 2017 was $64,416,558.45, compared to a decrease of $98,315,700.34 in the previous period[41] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,439,042,567.99, a decrease of 2.31% compared to the end of the previous year[7] - Total assets decreased to ¥2,439,042,567.99 from ¥2,496,726,679.77, indicating a decline in overall asset value[20] - Total liabilities decreased to ¥352,341,663.37 from ¥479,875,687.37, showing a significant reduction in financial obligations[20] - Total liabilities increased to CNY 239,290,850.24 from CNY 210,693,788.83, representing a rise of approximately 14%[24] - Current assets totaled CNY 1,337,876,963.85, up from CNY 1,213,879,005.23, indicating a growth of about 10%[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 39,357[10] - The largest shareholder, China Baoan Group Co., Ltd., held 29.27% of the shares, amounting to 126,163,313 shares[10] Earnings and Costs - Basic earnings per share were CNY 0.20, reflecting a growth of 5.26% compared to the previous year[7] - Operating costs decreased by 38.73% to ¥184,567,799.90 due to a reduction in the scope of consolidation[13] - Total operating costs for Q1 2017 were CNY 294,120,787.51, down 26% from CNY 396,309,214.31 in the previous period[29] - The operating profit increased to ¥103,514,525.51, up by 13.5% from ¥91,254,381.28 in the previous period[33] Other Financial Metrics - The weighted average return on equity rose to 4.37%, up by 0.20 percentage points from the previous year[7] - The company reported non-operating income of CNY 6,400,208.79 for the period[9] - Financial expenses decreased by 183.62% to -¥284,290.62 primarily due to reduced bank interest expenses[13] - Other receivables increased by 188.07% to ¥64,058,310.06, driven by growth in business-related deposits and guarantees[18] - Short-term borrowings decreased by 90.06% to ¥9,000,000.00, also due to a reduction in the scope of consolidation[19] - Deferred income tax assets decreased by 30.89% to ¥8,222,472.65, resulting from a decrease in deductible temporary differences[19] - Prepayments increased by 41.31% to ¥32,673,460.91, reflecting business settlement activities during the period[19] - The company's financial expenses showed a slight increase, with a cost of -¥925,289.82 compared to -¥722,848.06 in the previous period[33]