Tuopu Group(SH:601689)2017-04-25 16:00Financial Performance - Net profit attributable to shareholders rose by 37.34% to CNY 172,637,346.89 year-on-year[6] - Operating revenue increased by 47.72% to CNY 1,166,425,017.37 compared to the same period last year[6] - Basic earnings per share increased by 42.11% to CNY 0.27 compared to the same period last year[6] - The company reported a total comprehensive income of CNY 172,760,840.59 for Q1 2017, compared to CNY 124,941,122.85 in the same period last year, indicating a growth of 38.2%[32] - Net profit for Q1 2017 reached CNY 172,765,660.27, up 38.2% from CNY 125,070,120.90 in Q1 2016[34] - Operating profit for Q1 2017 was CNY 198,083,952.72, representing a 51.1% increase from CNY 131,069,971.61 in the previous year[32] Cash Flow - Net cash flow from operating activities surged by 101.59% to CNY 83,734,681.45 compared to the previous year[6] - Cash flow from operating activities for Q1 2017 was CNY 762,956,694.33, down 11.0% from CNY 857,161,885.32 in the previous year[35] - Operating cash inflow for Q1 2017 was CNY 798,026,740.78, a decrease of 13% from CNY 916,062,812.49 in the same period last year[36] - The company reported a net cash flow decrease of CNY 233,043,965.19 for the quarter, contrasting with an increase of CNY 165,161,534.33 in Q1 2016[37] - Cash flow from sales of goods and services was CNY 716,791,579.77, down from CNY 855,203,524.14 in the previous year, reflecting a decline of 16%[39] Assets and Liabilities - Total assets increased by 8.82% to CNY 5,382,738,948.59 compared to the end of the previous year[6] - Non-current assets totaled ¥2,474,775,709.11, up from ¥2,182,354,175.17, reflecting a growth of 13.4%[24] - Current liabilities amounted to ¥1,784,718,431.33, compared to ¥1,520,974,843.73, indicating an increase of 17.3%[24] - Total liabilities reached ¥1,813,782,098.00, up from ¥1,550,181,510.40, representing a growth of 17%[24] - Owner's equity rose to ¥3,568,956,850.59 from ¥3,396,196,010.00, reflecting an increase of 5.1%[24] Shareholder Information - The number of shareholders reached 23,214 by the end of the reporting period[12] - The largest shareholder, Maike International Holdings (Hong Kong) Limited, holds 73.70% of the shares[12] Operating Costs and Expenses - Operating costs rose to ¥815,060,582.00, reflecting a 48.62% increase from ¥548,404,556.57, corresponding to the rise in revenue[18] - Total operating costs for Q1 2017 amounted to CNY 975,970,950.17, up 46.1% from CNY 667,717,616.70 in the same period last year[32] - The company incurred tax expenses of CNY 25,723,951.00 in Q1 2017, an increase of 40.7% from CNY 18,294,645.80 in Q1 2016[32] Investment Activities - The net cash flow from investment activities was negative at -¥314,425,636.80, indicating increased cash outflows for investments compared to the previous year[20] - Total cash outflow from investing activities was CNY 322,206,289.91, up from CNY 149,871,149.09 in the previous year, indicating a significant increase in investment spending[36] Miscellaneous - Non-recurring gains and losses included government subsidies amounting to CNY 265,694.00[8] - The company reported a total of CNY 682,473.81 in non-recurring gains and losses after tax[9] - The company received ¥25,225,738.03 in tax refunds, a decrease of 36.66% compared to the previous year, mainly due to reduced export tax rebates[19] - The company plans to implement a non-public stock issuance approved by the China Securities Regulatory Commission, which was disclosed on April 22, 2017[20]