2017-04-28 16:00Financial Performance - Operating revenue for the first quarter reached CNY 2.45 billion, a growth of 5.04% year-on-year[7] - Net profit attributable to shareholders increased by 22.96% to CNY 151.02 million compared to the same period last year[7] - Basic earnings per share rose by 20.00% to CNY 0.012[7] - Total operating revenue for the current period reached ¥2,450,728,496.24, an increase of 5.03% compared to ¥2,333,042,289.73 in the previous period[29] - Net profit for the current period was ¥176,171,788.16, representing a 29.00% increase from ¥136,641,472.49 in the previous period[29] - The profit attributable to the parent company's shareholders was ¥156,259,430.20, up from ¥123,278,355.90, marking a growth of 26.83%[29] - The operating profit for the current period was ¥139,372,105.63, slightly up from ¥138,093,016.70, reflecting a growth of 0.93%[29] - The total profit for the current period was ¥201,347,485.81, an increase of 20.54% compared to ¥167,013,605.40 in the previous period[29] - Basic and diluted earnings per share for the current period were both ¥0.012, compared to ¥0.010 in the previous period, indicating a growth of 20.00%[30] Cash Flow - Cash flow from operating activities showed a significant decline of 136.54%, resulting in a net outflow of CNY 46.32 million[7] - As of March 31, 2017, cash flow from operating activities was RMB -46,324,348.68, a decrease of 136.54% year-on-year, primarily due to increased trade payments and annual income tax payments[17] - The total cash inflow from operating activities was 3,218,995,462.68 RMB, compared to 2,452,899,603.66 RMB last year, indicating a year-over-year increase of approximately 31.2%[36] - The net cash flow from operating activities was -46,324,348.68 RMB, a decrease from 126,782,704.86 RMB in the previous period[36] - The net cash flow from investing activities was -392,635,292.64 RMB, worsening from -227,927,247.89 RMB in the previous period[37] - Cash inflow from financing activities totaled 1,968,928,946.43 RMB, a decrease from 4,155,177,176.74 RMB in the previous year[37] - The net cash flow from financing activities was 983,504,562.26 RMB, down from 3,375,884,637.06 RMB in the previous period[37] - The ending cash and cash equivalents balance was 6,896,527,727.89 RMB, up from 6,008,734,849.32 RMB year-over-year[37] - The net increase in cash and cash equivalents was 735,842,730.96 RMB, a decrease from 3,508,292,037.11 RMB in the previous year[39] Assets and Liabilities - Total assets increased by 2.92% to CNY 32.83 billion compared to the end of the previous year[7] - Total liabilities increased to ¥13.55 billion from ¥12.80 billion, representing a growth of approximately 5.9% year-over-year[24] - Current assets rose to ¥8.03 billion, up from ¥7.15 billion, indicating an increase of about 12.2%[26] - Cash and cash equivalents increased to ¥5.23 billion, compared to ¥4.49 billion, reflecting a growth of approximately 16.4%[26] - Total equity reached ¥19.28 billion, up from ¥19.11 billion, marking an increase of about 0.9%[24] - The company reported a total asset value of ¥28.72 billion, an increase from ¥27.88 billion, which is a growth of approximately 3.0%[27] - The total non-current liabilities decreased slightly to ¥6.64 billion from ¥6.65 billion, a decline of about 0.9%[24] - The company’s retained earnings increased to ¥1.35 billion from ¥1.19 billion, showing a growth of approximately 13.1%[24] - The total current liabilities amounted to ¥6.91 billion, up from ¥6.15 billion, indicating an increase of about 12.3%[24] - The company’s long-term investments in equity rose to ¥7.69 billion from ¥7.59 billion, reflecting an increase of approximately 1.4%[26] - The company’s short-term borrowings were reported at ¥1.30 billion, marking a new entry in the current liabilities section[27] - Short-term borrowings surged by 307.62% to CNY 2.04 billion, attributed to new short-term bank loans[15] Shareholder Information - The number of shareholders reached 257,261, with the top two shareholders holding a combined 81.18% of the shares[11] Other Income - Other receivables increased by 75.19% to CNY 552.34 million, primarily due to increased automotive trade agency business[14] - As of March 31, 2017, investment income was RMB 113,262,965.51, an increase of 156.81% year-on-year, attributed to improved operating performance of invested enterprises and some receiving government subsidies[16] - As of March 31, 2017, non-operating income was RMB 62,342,285.67, an increase of 115.17% year-on-year, mainly due to increased government subsidies in Q1 2017[17]