HFM(SH:603011)2017-04-27 16:00Financial Performance - Operating revenue for the period was ¥173,424,733.60, representing an 18.08% increase year-on-year[6]. - Net profit attributable to shareholders of the listed company was ¥7,256,402.02, a 19.82% increase compared to the same period last year[6]. - Basic and diluted earnings per share were both ¥0.02, down 33.33% from the previous year[6]. - Total operating revenue for Q1 2017 was CNY 173,424,733.60, an increase of 18.1% compared to CNY 146,871,662.04 in the same period last year[22]. - Net profit for Q1 2017 was CNY 8,871,785.09, a decrease of 8.8% from CNY 9,724,741.61 in Q1 2016[23]. - Operating profit for Q1 2017 was CNY 9,935,102.95, compared to CNY 3,376,690.85 in Q1 2016, indicating a significant improvement[23]. - The total profit for Q1 2017 was 996,293.35, a decrease from 1,085,419.80 in the previous year, reflecting a decline of approximately 8.2%[27]. - The net profit for Q1 2017 was 846,849.35, down from 922,606.83, indicating a decrease of about 8.2% year-over-year[27]. Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of ¥57,356,751.61, a decrease of 870.38% year-on-year[6]. - Cash inflow from operating activities totaled 150,294,340.11, compared to 165,577,637.81 in the same period last year, representing a decline of approximately 9.2%[30]. - The net cash flow from operating activities was -57,356,751.61, worsening from -5,910,749.57 in the previous year[30]. - Cash inflow from investment activities was 233,842,352.44, significantly higher than 40,470,607.76 in the previous year, marking an increase of approximately 478.5%[30]. - The net cash flow from investment activities was 34,264,046.56, compared to -2,041,131.05 in the previous year, indicating a substantial improvement[30]. - Cash inflow from financing activities was 20,000,000.00, down from 154,900,000.00 in the previous year, a decrease of about 87.1%[31]. - The net cash flow from financing activities was 18,626,403.57, slightly up from 16,284,925.69 in the previous year, showing an increase of approximately 14.3%[31]. - The ending cash and cash equivalents balance was 53,788,237.06, down from 77,400,931.52, reflecting a decrease of about 30.5%[31]. - The company reported a significant increase in cash received from investment recoveries, totaling 232,340,653.34, compared to 40,000,000.00 in the previous year, an increase of approximately 480.9%[30]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,033,941,921.61, an increase of 0.94% compared to the end of the previous year[6]. - Total assets increased to ¥2,033,941,921.61, up from ¥2,014,955,416.30 at the beginning of the year[17]. - Total liabilities rose to ¥347,641,267.62, compared to ¥337,540,028.52 at the beginning of the year[17]. - Total assets as of the end of Q1 2017 amounted to CNY 1,869,613,603.17, up from CNY 1,845,438,576.74 at the end of Q1 2016[21]. - Total liabilities for Q1 2017 were CNY 243,070,516.02, an increase from CNY 219,717,362.82 in the same period last year[21]. - The company's total equity reached CNY 1,626,543,087.15, slightly up from CNY 1,625,721,213.92 in Q1 2016[21]. Shareholder Information - The total number of shareholders reached 21,177 by the end of the reporting period[9]. - The largest shareholder, Yan Jianwen, holds 33.01% of the shares, totaling 147,300,000 shares[9]. Government Subsidies and Other Income - The company received government subsidies amounting to ¥497,541.08, which are closely related to its normal business operations[8]. - Non-operating income from asset management amounted to ¥1,398,159.40[8]. - Investment income rose significantly by 330.73% to ¥1,398,159.40, mainly due to increased interest from matured financial products[11]. - The company reported an investment income of CNY 1,398,159.40 for Q1 2017, compared to CNY 324,598.63 in the previous year[23]. Changes in Financial Metrics - The weighted average return on net assets decreased by 0.60 percentage points to 0.53%[6]. - Prepayments increased by 45.71% to ¥22,119,162.44 due to higher advance payments for materials[11]. - Other receivables rose by 32.65% to ¥10,400,896.28 primarily due to increased deposits paid during the period[11]. - Short-term borrowings surged by 133.33% to ¥35,000,000.00, reflecting an increase in bank loans at the end of the period[11]. - Accounts payable increased by 176.41% to ¥49,565,227.43, mainly due to an increase in issued notes during the period[11]. - Financial expenses decreased by 86.70% to ¥351,952.34, attributed to a reduction in borrowings compared to the same period last year[11].