HX GROUP(SH:600851)2017-04-28 16:00Financial Performance - Operating revenue for the current period was CNY 185,101,988.16, down 7.50% from CNY 200,115,522.75 in the same period last year[6] - Net profit attributable to shareholders of the listed company increased by 15.71% to CNY 10,593,138.11 from CNY 9,154,818.86 year-on-year[6] - Basic earnings per share rose by 7.69% to CNY 0.0084 from CNY 0.0078 in the previous year[6] - Net profit for Q1 2017 was CNY 3,708,007.82, a decline of 13.6% compared to CNY 4,291,071.02 in the same period last year[24] - Basic earnings per share for Q1 2017 were CNY 0.0084, compared to CNY 0.0078 in the same period last year[25] - The net profit for Q1 2017 was ¥25,621,293.02, an increase from ¥20,258,446.77 in the same period last year, representing a growth of approximately 26.5%[27] - The total comprehensive income for Q1 2017 was -¥55,888,318.21, compared to -¥382,821,253.23 in the previous year, showing a significant reduction in losses[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,312,340,866.89, a decrease of 2.13% compared to the end of the previous year[6] - Total assets decreased from ¥5,427,974,742.45 to ¥5,312,340,866.89, reflecting a decline in both current and non-current assets[16][18] - Total liabilities decreased from ¥1,088,971,827.56 to ¥1,051,126,685.50, indicating a reduction in financial obligations[18] - The total assets as of Q1 2017 amounted to CNY 5,517,081,482.18, a decrease from CNY 5,605,449,217.31 in the previous year[22] - Total liabilities for Q1 2017 were CNY 580,258,236.27, down from CNY 612,737,653.19 in the previous year[22] - The company's equity totaled CNY 4,936,823,245.91, a slight decrease from CNY 4,992,711,564.12 in the previous year[22] Cash Flow - The company reported a net cash flow from operating activities of CNY -46,511,103.70, compared to CNY -39,906,984.29 in the same period last year[6] - Operating cash inflow for Q1 2017 was ¥273,849,208.53, up from ¥253,589,877.31 in Q1 2016, indicating a growth of about 7.5%[30] - The net cash flow from operating activities was -¥46,511,103.70, worsening from -¥39,906,984.29 year-over-year[30] - The company received ¥26,100,000.00 in cash from borrowings during Q1 2017, down from ¥54,900,000.00 in the same quarter last year, reflecting a decline of approximately 52.5%[31] - The cash outflow from investing activities was ¥25,013,254.60, compared to ¥104,941,875.51 in Q1 2016, indicating a decrease of about 76.2%[30] - The cash flow from financing activities showed a net inflow of ¥7,974,698.86, down from ¥23,110,537.51 in the previous year, a decline of approximately 65.5%[31] Shareholder Information - The number of shareholders at the end of the reporting period was 80,283, with 43,841 holding A shares and 36,442 holding B shares[8] - The top shareholder, Shanghai Songjiang Dongjing Industrial Company, held 82,082,000 shares, representing 6.80% of total shares, with 70,000,000 shares pledged[8] Other Financial Metrics - The weighted average return on net assets increased by 0.0313 percentage points to 0.2477%[6] - Non-operating income and expenses totaled CNY -409,622.54, with significant contributions from government subsidies and asset disposals[7] - Non-operating income surged by 610.82% to ¥1,507,666.21, mainly due to increased government subsidies[11] - Cash received from tax refunds increased by 118.09% to ¥2,171,327.66, primarily due to an increase in tax refunds received[11] - Cash received from investment income decreased by 89.70% to ¥4,338,008.05, mainly due to dividends from Changxin Jinli[11] - Tax and additional charges increased by 127.27% to ¥3,775,209.34, primarily due to changes in property and land use tax items[11] Future Outlook - The company plans to focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters[24] - The company has not disclosed any new product developments or market expansion strategies in this report[10]