SXBN(SH:600831)2017-04-27 16:00Financial Performance - Net profit attributable to shareholders was CNY 36.46 million, down 27.07% year-on-year[6] - Operating revenue for the period was CNY 575.28 million, an increase of 5.07% compared to the same period last year[6] - Basic earnings per share were CNY 0.06, a decrease of 33.33% compared to CNY 0.09 in the same period last year[6] - The company reported a net cash decrease of ¥2,207,554.98, reflecting the net cash flow from operating and investing activities[14] - Net profit for Q1 2017 was CNY 34,318,043.10, a decrease of 25.3% from CNY 45,948,495.70 in Q1 2016[27] - The total profit for Q1 2017 was CNY 34,603,529.20, down from CNY 45,948,495.70 in the previous year[27] Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 6.50 billion, a decrease of 0.27% compared to the end of the previous year[6] - Total current assets decreased from CNY 1,756,983,612.62 to CNY 1,741,655,434.70, a decline of approximately 0.87%[20] - Total non-current assets slightly decreased from CNY 4,759,360,957.00 to CNY 4,757,049,869.93, a decline of about 0.03%[21] - Total liabilities decreased from CNY 3,665,668,272.42 to CNY 3,613,710,964.33, a reduction of approximately 1.42%[22] - Total equity increased from CNY 2,850,676,297.20 to CNY 2,884,994,340.30, reflecting a growth of about 1.20%[22] Cash Flow - Net cash flow from operating activities reached CNY 184.91 million, a significant increase of 222.03% year-on-year[6] - Cash generated from operating activities was CNY 564,131,099.57, an increase from CNY 516,252,269.96 in the same period last year[31] - Operating cash inflow increased by 222.03% to ¥184,905,524.37, mainly due to government subsidies related to universal telecom services[13] - Cash inflow from investment activities was ¥282,710,289.98, a significant increase from ¥22,683,716.53 in the previous period, indicating strong recovery in investment returns[32] - The cash flow from operating activities outflow was reduced to ¥349,870,637.96 from ¥359,558,874.61, showing improved operational efficiency[34] Shareholder Information - The number of shareholders at the end of the reporting period was 41,352[10] - The largest shareholder, Shaanxi Broadcasting Television Group Co., Ltd., held 33.60% of the shares[10] Government Subsidies and Investments - Deferred income increased by 627.47% to CNY 119.32 million due to an increase in government subsidies received[12] - The company received government subsidies related to universal telecom services amounting to ¥117,686,010.41, a staggering increase of 2357.43%[13] - The company has secured a total of ¥1.03 billion in subsidies for telecom universal service projects across six cities in Shaanxi province[15] - The company invested ¥100 million to acquire a 10% stake in Shaanxi Big Data Group, enhancing its strategic positioning in the data sector[16] Investment Income - Investment income surged by 307.25% to ¥1,092,313.30, driven by higher returns from accounts receivable investments[13] - The company reported an investment income of CNY 1,092,313.30, significantly higher than CNY 268,216.53 in Q1 2016[27] Operational Costs - Total operating costs for Q1 2017 were CNY 543,001,326.26, up 8.3% from CNY 501,259,160.83 in Q1 2016[27]