NUPMG(SH:601999)2016-04-22 16:00Financial Performance - Operating revenue increased by 15.37% to CNY 399,434,052.47 year-on-year, primarily due to increased sales of teaching materials[9] - Net profit attributable to shareholders surged by 300.88% to CNY 6,268,999.55 compared to the same period last year[8] - Basic earnings per share rose by 266.67% to CNY 0.011 per share[8] - The total comprehensive income for Q1 2016 was CNY 5,111,994.26, compared to CNY 1,899,122.12 in the same period last year[31] - The net profit for Q1 2016 reached CNY 7,161,011.49, up 100.0% from CNY 3,572,857.55 in Q1 2015[32] Cash Flow and Liquidity - Net cash flow from operating activities improved by 53.02%, reaching -CNY 66,761,767.77[8] - Cash flow from operating activities showed a net outflow of CNY 66,761,767.77, an improvement from a net outflow of CNY 142,120,788.07 in the previous year[36] - The company reported cash inflow from investment activities of CNY 400,519,193.94, compared to CNY 293,612,160.18 in the same period last year[36] - Cash received from investment recoveries rose by 35.86% to ¥396,030,000.00 from ¥291,500,000.00, reflecting increased recoveries from wealth management investments[19] - The ending balance of cash and cash equivalents was ¥100,648,762.23, an increase from ¥91,941,858.95 in the same period last year[38] Assets and Liabilities - Total assets decreased by 4.59% to CNY 2,789,720,944.59 compared to the end of the previous year[8] - Total liabilities decreased to ¥917,937,082.93 from ¥1,057,383,781.96, reflecting a reduction in current liabilities[25] - Cash and cash equivalents decreased by 63.99% to ¥313,250,646.95 from ¥869,991,666.27 due to the purchase of wealth management products[15] - Accounts receivable increased by 32.29% to ¥373,313,517.26 from ¥282,193,173.23, primarily due to government procurement of textbooks not yet collected[15] - Other current assets rose significantly by 130.60% to ¥855,031,480.63 from ¥370,786,136.69, also attributed to the purchase of wealth management products[15] Expenses - The company reported a significant decrease in operating expenses, contributing to the increase in net profit[9] - Total operating costs for Q1 2016 were CNY 403,289,023.86, up 14.3% from CNY 352,889,194.17 in Q1 2015[30] - The company incurred sales expenses of CNY 9,562,275.58, slightly down from CNY 9,850,402.29 in the previous year[32] - Management expenses increased to CNY 13,055,303.00 from CNY 11,047,295.42 in the same period last year, reflecting a rise of 18.2%[32] Shareholder Information - The number of shareholders reached 30,858 at the end of the reporting period[12] - The largest shareholder, Liaoning Publishing Group Co., Ltd., holds 67.52% of the shares[13] Investment Activities - Investment income increased by 57.74% to ¥2,963,453.99 from ¥1,878,668.81, driven by higher returns from wealth management products[19] - Cash paid for investments increased by 33.37% to ¥886,150,000.00 from ¥664,410,000.00, indicating a rise in wealth management product purchases[19] - Investment activities resulted in a net cash outflow of CNY 490,542,290.79, worsening from a net outflow of CNY 373,340,276.44 in Q1 2015[36]