MAOYE COMMERCIAL(SH:600828)2017-04-24 16:00Financial Performance - Total revenue for Q1 2017 reached CNY 3,131,859,025.46, an increase of 75.53% compared to the same period last year[6]. - Net profit attributable to shareholders increased by 12.96% to CNY 198,633,215.55, while net profit excluding non-recurring gains and losses surged by 229.45% to CNY 197,563,830.70[6][7]. - Basic earnings per share increased by 13.00% to CNY 0.1147[6]. - Net profit increased by 32.68% to ¥807,475,651.70 from ¥608,578,091.99, driven by higher operating revenue[13]. - The total comprehensive income for Q1 2017 was ¥227,280,499.27, compared to ¥187,579,581.19 in Q1 2016, reflecting a growth of 21.2%[25]. Cash Flow - Operating cash flow improved significantly, generating CNY 60,500,429.04 compared to a negative cash flow of CNY -381,112,168.30 in the same period last year, marking a 115.87% increase[6]. - The net cash flow from operating activities improved by 115.87% to ¥60,500,429.04 from a negative cash flow of ¥381,112,168.30 in the previous year[14]. - The cash inflow from operating activities reached ¥3,571,664,463.62, a significant increase from ¥1,913,368,540.51 in the previous period, representing an increase of approximately 86.6%[29]. - The cash outflow for operating activities was ¥3,511,164,034.58, compared to ¥2,294,480,708.81 in the previous period, reflecting an increase of about 53.0%[29]. Assets and Liabilities - Total assets decreased by 1.47% to CNY 15,604,890,444.71 from CNY 15,838,356,920.64 at the end of the previous year[6]. - Current liabilities decreased from ¥6,424,966,581.07 to ¥6,224,554,895.88, a reduction of about 3.12%[20]. - Non-current liabilities decreased from ¥4,953,830,755.08 to ¥4,693,298,104.42, a decrease of approximately 5.26%[20]. - Total liabilities decreased from ¥11,378,797,336.15 to ¥10,917,853,000.30, a decline of around 4.05%[20]. - Owner's equity increased from ¥4,459,559,584.49 to ¥4,687,037,444.41, an increase of approximately 5.11%[20]. Investments and Acquisitions - The company is planning a non-public stock issuance to fund acquisitions and repay bank loans, pending regulatory approval[15]. - The company added new subsidiaries, including Chengdu Renhe Spring Department Store and Inner Mongolia Victoria Commercial Group, contributing to revenue growth[7]. Shareholder Information - The total number of shareholders reached 22,924, with the largest shareholder holding 85.53% of the shares[10]. - The company reported a significant increase in minority shareholder profit by 50530.82% to ¥14,962,789.40 from ¥29,552.73, due to consolidation changes[14]. Other Financial Metrics - Financial expenses surged by 342.18% to ¥89,168,557.62 from ¥20,165,728.98, due to increased borrowing and interest expenses[13]. - The company recorded a tax expense of ¥87,314,840.94 for Q1 2017, up from ¥61,611,638.47 in the same period last year[25]. - Cash and cash equivalents decreased by 40.26% to ¥331,857,286.66 from ¥555,506,798.91 due to payments for acquisitions and project investments[13].