KJS(SH:601579)2017-04-27 16:00Financial Performance - Net profit attributable to shareholders was CNY 82,664,670.50, representing a year-on-year increase of 41.20%[6] - Operating revenue reached CNY 374,909,039.74, marking a growth of 40.44% compared to the same period last year[6] - Basic earnings per share increased by 11.33% to CNY 0.167[6] - Operating revenue decreased by 40.44% from 374,909,039.74 to 266,945,946.80, attributed to the consolidation of Wuzhan Hat Company and Tang Song Company[13] - Net profit attributable to shareholders decreased by 41.20% from 82,664,670.50 to 58,544,006.45, mainly due to the consolidation of Wuzhan Hat Company and Tang Song Company[13] - Total operating revenue for Q1 2017 reached ¥374,909,039.74, a significant increase of 40.4% compared to ¥266,945,946.80 in the same period last year[31] - Net profit for Q1 2017 was ¥83,107,584.91, representing a 41.3% increase from ¥58,828,194.40 in Q1 2016[32] - The company reported an operating profit of ¥112,299,230.54, which is a 42.3% increase from ¥78,860,649.15 in the same quarter last year[32] - The company’s total comprehensive income for Q1 2017 was ¥83,107,584.91, up from ¥58,828,194.40 in Q1 2016, indicating a growth of 41.3%[33] Cash Flow - The net cash flow from operating activities was negative CNY 91,302,424.11, a decline of 288.9% year-on-year[6] - The company’s cash flow from operating activities showed a net inflow of 48,333,956.45, a significant improvement compared to the previous period[13] - The cash inflow from operating activities was CNY 355,469,197.53, an increase of 10.57% compared to CNY 321,457,116.89 in the previous period[36] - The net cash flow from operating activities was negative at CNY -91,302,424.11, a significant decline from CNY 48,333,956.45 in the previous period[37] - The cash inflow from sales of goods and services was CNY 339,291,758.24, up from CNY 292,655,848.60 in the previous period[36] - The cash outflow for purchasing goods and services was CNY 233,822,987.89, significantly higher than CNY 137,911,039.27 in the previous period[36] - The cash outflow for employee payments increased to CNY 55,806,296.53 from CNY 41,612,150.13 in the previous period[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,633,432,182.85, a decrease of 1.79% compared to the end of the previous year[6] - Current assets totaled CNY 1,797,583,301.24, down from CNY 2,004,458,571.66 at the start of the year, indicating a decline of approximately 10.3%[22] - Total liabilities decreased to CNY 625,700,422.38 from CNY 775,215,176.25, representing a reduction of approximately 19.3%[24] - The company's equity increased to CNY 3,007,731,760.47 from CNY 2,924,624,175.56, showing an increase of about 2.8%[24] - The total liabilities decreased from ¥575,035,221.63 in the previous period to ¥492,052,424.10 in the current period, a reduction of 14.4%[32] - Owner's equity increased to ¥2,951,599,715.26 from ¥2,877,500,471.11, marking a growth of 2.6%[32] Shareholder Information - The total number of shareholders at the end of the reporting period was 17,458[10] - The largest shareholder, Jingong Group Co., Ltd., held 164,000,000 shares, accounting for 32.97% of the total shares[10] - Zhejiang China Light Textile City Group held 102,000,000 shares, representing 20.51% of the total shares[10] Investments and Acquisitions - The company acquired 14.7819% equity of Zhejiang Ta Pai Shao Xing Wine Co., Ltd. for 161.15 million RMB, enhancing its market position[14] - The company utilized idle raised funds for cash management, with a total of 320 million RMB in financial products purchased and 79.5 million RMB matured[17] Government Support - The company received government subsidies amounting to CNY 954,454.25, primarily from fiscal support[7] Inventory and Receivables - Accounts receivable increased by 45.22% from 85,876,795.88 to 124,708,129.17 primarily due to the consolidation of Wuzhan Hat Company and Tang Song Company[12] - Inventory increased to CNY 1,042,070,577.89 from CNY 1,007,447,921.89, reflecting a growth of about 3.4%[22]