CNS(SH:601098)2017-04-27 16:00Financial Performance - Net profit attributable to shareholders increased by 7.04% to CNY 352,444,425.06 year-on-year[6] - Operating revenue rose by 13.12% to CNY 2,135,060,236.65 compared to the same period last year[6] - Net profit for Q1 2017 reached CNY 368,341,265.92, representing a growth of 7.94% from CNY 341,267,065.27 in Q1 2016[28] - The net profit attributable to shareholders of the parent company was CNY 352,444,425.06, an increase of 7.03% compared to CNY 329,253,889.14 in the previous year[28] - The company reported a total comprehensive income of CNY 368,341,265.92 for Q1 2017, compared to CNY 341,267,065.27 in the same period last year, marking a growth of 7.9%[29] Cash Flow - The net cash flow from operating activities improved significantly, with a reduction in outflow from CNY -514,158,017.74 to CNY -47,133,205.44[6] - Operating cash flow net amount improved to -¥47,133,205.44 from -¥514,158,017.74 year-on-year, attributed to enhanced collection efforts and optimized customer service[15] - Net cash flow from operating activities turned positive at $26.66 million, compared to a negative $92.77 million in the previous period[33] - The net cash flow from operating activities was negative CNY 47,133,205.44, an improvement from negative CNY 514,158,017.74 in Q1 2016[31] Assets and Liabilities - Total assets increased by 1.86% to CNY 18,965,366,671.37 compared to the end of the previous year[6] - Total current assets amounted to ¥16,508,066,187.96, an increase from ¥16,231,196,945.95 at the beginning of the year[20] - Total liabilities decreased slightly to ¥5,293,687,246.12 from ¥5,318,569,898.81[22] - Total assets as of the end of Q1 2017 amounted to CNY 11,388,633,485.96, compared to CNY 11,329,397,845.52 at the end of Q1 2016[26] Investments - Investment income for the reporting period was ¥3,227,522.53, a significant improvement from a loss of ¥767,499.00 in the previous year, driven by increased performance from joint ventures and new bond investment income[14] - The company reported an investment income of CNY 3,227,522.53, compared to a loss of CNY 767,499.00 in the previous year[28] - Cash flow from investment activities was -¥373,589,759.43, a decline from -¥36,040,023.03 in the previous year, mainly due to increased investments in bond financial assets after obtaining financial investment qualifications[15] Shareholder Information - The number of shareholders reached 23,054, with the largest shareholder holding 61.46% of shares[10] - Minority shareholders' profit increased by 32.33% to ¥3,883,664.73, driven by performance growth from the financial company and Zhongnan Boji Tianjuan[14] Operating Costs and Expenses - Total operating costs for Q1 2017 were CNY 1,765,413,033.67, up 13.73% from CNY 1,552,082,383.88 in Q1 2016[28] - The company’s sales expenses for Q1 2017 were CNY 306,872,543.47, up from CNY 246,291,505.93 in Q1 2016[28] - The company’s management expenses increased slightly to CNY 252,830,198.20 from CNY 245,756,885.39 year-on-year[28] Other Financial Metrics - The weighted average return on equity decreased by 0.11 percentage points to 2.73%[6] - Basic and diluted earnings per share for Q1 2017 were both CNY 0.20, compared to CNY 0.18 in the previous year, reflecting an increase of 11.1%[29] - The operating profit for Q1 2017 was CNY 76,095,048.19, which is an increase of 33.1% from CNY 57,162,788.74 in Q1 2016[29]