EBEM(SH:603002)2017-04-26 16:00Financial Performance - Operating income rose by 21.66% to CNY 250,928,813.24 year-on-year[7] - Net profit attributable to shareholders decreased by 1.60% to CNY 8,171,083.91 compared to the same period last year[7] - Basic earnings per share increased by 7.14% to CNY 0.015[7] - Total revenue for Q1 2017 was CNY 250,928,813.24, an increase of 21.6% compared to CNY 206,249,432.02 in the same period last year[26] - The net profit for Q1 2017 reached CNY 9,968,382.17, representing a growth of 24.4% from CNY 8,012,767.83 in Q1 2016[30] - The total profit for Q1 2017 was CNY 11,863,045.79, an increase of 25.8% compared to CNY 9,426,785.70 in Q1 2016[29] - The company reported a net profit margin improvement due to increased revenue and controlled costs, although specific margin percentages were not disclosed[26] Cash Flow - Cash flow from operating activities improved significantly, with a net cash flow of CNY 20,544,927.29, a 167.05% increase from the previous year[7] - The net cash flow from operating activities improved by 167.05% to RMB 20,544,927.29, due to reduced spending on raw materials and taxes[14] - The company reported a cash inflow from operating activities of CNY 257,086,806.96, compared to CNY 248,191,795.08 in the previous year[32] - Operating cash inflow totaled ¥261,631,151.16, an increase from ¥252,625,154.42 in the previous period, reflecting a growth of approximately 3.98%[33] - Net cash flow from operating activities was ¥20,544,927.29, a significant recovery from a negative cash flow of ¥30,642,061.38 in the prior period[33] - Total cash inflow from operating activities was ¥264,160,868.60, compared to ¥251,183,733.15 in the previous period, marking an increase of about 5.5%[34] - Total cash outflow from operating activities was ¥240,030,734.16, a decrease from ¥263,121,223.06 in the previous period, indicating a reduction of approximately 8.77%[34] Assets and Liabilities - Total assets increased by 4.34% to CNY 1,576,326,321.35 compared to the end of the previous year[7] - Total current assets reached RMB 1,040,753,755.42, up from RMB 987,223,210.73 at the beginning of the year[18] - Current assets increased to CNY 1,061,875,064.12 from CNY 968,995,847.72, representing a growth of 9.6%[23] - Total liabilities amounted to CNY 356,533,656.50, up from CNY 266,964,616.08, marking a significant increase of 33.5%[24] - Shareholders' equity reached CNY 1,009,301,107.13, compared to CNY 996,892,377.72 at the beginning of the year, showing a slight increase of 1.1%[24] Inventory and Expenses - Inventory rose by 59.11% to RMB 84,057,158.89, reflecting an increase in raw material stock[13] - The company's prepaid expenses increased by 110.94% to RMB 31,534,630.76 due to the payment of import duties and VAT for raw materials[13] - The company’s inventory impairment losses increased by 348.30% to RMB 384,672.00, reflecting higher provisions for inventory write-downs[14] - The company’s financial expenses decreased by 54.61% to -RMB 1,925,897.14, indicating reduced bank interest income[14] Shareholder Information - The number of shareholders reached 34,414 by the end of the reporting period[10] - The largest shareholder, Epoxy Base Investment Holding Ltd., holds 41.29% of the shares[11] Government Subsidies and Non-Recurring Items - The company reported a government subsidy of CNY 2,432,600 related to normal business operations[9] - The company experienced a non-recurring loss of CNY 878,847.24 due to share-based payments[9] - The company reported a significant increase in non-operating income, amounting to RMB 2,432,600.00, from government subsidies received[14] Investment Activities - The net cash flow from investing activities was negative at -RMB 76,050,643.99, primarily due to increased expenditures for factory construction[14] - Cash outflow from investing activities amounted to ¥76,082,172.76, compared to only ¥5,785,519.16 in the previous period, indicating a substantial increase in investment expenditures[33]