WFDSJ(SH:601010)2017-04-28 16:00Financial Performance - Net profit attributable to shareholders increased by 70.32% to CNY 90,511,511.32 compared to the same period last year[5]. - Operating revenue rose by 3.08% to CNY 2,045,361,594.42 compared to the previous year[5]. - Basic earnings per share increased by 66.67% to CNY 0.05 compared to the same period last year[5]. - The company's net profit attributable to shareholders increased by 70.32% year-on-year, reaching CNY 90,511,511.32 in Q1 2017 compared to CNY 53,141,663.34 in Q1 2016[8]. - Operating revenue for Q1 2017 rose by CNY 61,160,000, with a gross profit margin increase of 1.07% compared to the same period last year[8]. - Net profit for the current period was ¥90,720,026.13, significantly higher than ¥52,876,486.34, representing an increase of 71.8%[17]. - Total comprehensive income for the current period was ¥90,720,026.13, compared to ¥52,876,486.34 in the previous period, reflecting a growth of 71.8%[18]. Cash Flow - The net cash flow from operating activities decreased by 39.19% to CNY 114,684,726.81 compared to the same period last year[5]. - Cash flow from operating activities decreased by 39.19% year-on-year, totaling CNY 114,684,726.81 in Q1 2017, primarily due to increased payments for goods and taxes[9]. - The company reported a net cash flow from operating activities of ¥114,684,726.81, down from ¥188,586,635.36 in the prior period[20]. - The net cash flow from operating activities for Q1 2017 was ¥140,573,593.75, a decrease of 45.6% compared to ¥258,697,320.49 in the previous period[24]. - Total cash inflow from operating activities was ¥723,826,138.61, down 12% from ¥822,111,826.74 in the same period last year[23]. - Cash outflow for purchasing goods and services was ¥498,682,430.86, an increase of 9.7% compared to ¥454,509,629.08 in the previous year[23]. - The net cash flow from investment activities was ¥52,199,683.32, a significant improvement from a negative cash flow of ¥78,044,871.80 in the previous period[24]. - Total cash inflow from investment activities reached ¥237,439,871.95, compared to ¥89,062,930.89 in the same period last year[24]. - Cash outflow for investment activities was ¥185,240,188.63, an increase from ¥167,107,802.69 in the previous year[24]. - The net cash flow from financing activities was -¥158,144,315.64, an improvement from -¥206,790,530.23 in the previous period[24]. - The ending cash and cash equivalents balance was ¥307,823,866.72, up from ¥51,265,269.82 in the previous year[24]. - The company received ¥150,000,000.00 in borrowings during the quarter, consistent with the previous period[24]. - The company paid out ¥8,144,315.64 in dividends and interest, compared to ¥6,790,530.23 in the previous year[24]. Assets and Liabilities - Total assets decreased by 2.95% to CNY 6,462,770,214.53 compared to the end of the previous year[5]. - The company's total assets decreased to CNY 6,462,770,214.53 as of March 31, 2017, down from CNY 6,659,487,524.02 at the end of 2016[11]. - Total current liabilities decreased from ¥2,492,749,143.30 to ¥2,209,978,030.61, a reduction of approximately 11.3%[12]. - Total non-current liabilities slightly decreased from ¥38,750,948.30 to ¥37,805,437.65, a decline of about 2.4%[12]. - Total liabilities decreased from ¥2,531,500,091.60 to ¥2,247,783,468.26, representing a decrease of approximately 11.2%[12]. - Total equity attributable to shareholders increased from ¥4,133,474,375.05 to ¥4,224,667,350.65, an increase of about 2.2%[13]. - Total current assets decreased from ¥3,235,085,164.41 to ¥3,166,459,613.97, a reduction of approximately 2.1%[14]. - Total non-current assets remained relatively stable, decreasing slightly from ¥1,860,011,121.28 to ¥1,859,902,897.85[15]. - Total liabilities and equity decreased from ¥6,659,487,524.02 to ¥6,462,770,214.53, a decline of about 3.0%[13]. Shareholder Information - The total number of shareholders reached 161,311 at the end of the reporting period[6]. - Jiangsu Wenfeng Group Co., Ltd. held 21.62% of the shares, making it the largest shareholder[6]. Other Financial Metrics - The weighted average return on equity increased by 0.84 percentage points to 2.17%[5]. - The company reported a total non-operating loss of CNY 848,628.83 for the period[5]. - The company received government subsidies amounting to CNY 36,758.52 during the reporting period[5]. - Financial expenses decreased by 33.07% year-on-year, totaling CNY 9,733,013.44, due to increased interest income and reduced interest expenses[8]. - Investment income dropped by 113.03% year-on-year, resulting in a loss of CNY 35,473.13 in Q1 2017, mainly due to reduced gains from the transfer of Wenfeng Communications[8]. - The company reported a significant reduction in operating expenses, with non-operating expenses decreasing by 72.12% year-on-year to CNY 1,864,285.05[8]. - The company plans to continue focusing on market expansion and new product development to drive future growth[9]. - Other receivables decreased by 34.86% from the beginning of the year, amounting to CNY 56,328,806.04 as of March 31, 2017[11]. - Short-term borrowings were fully repaid, resulting in a 100% decrease, with the company repaying CNY 150,000,000 in March 2017[8].