QIANHE(SH:603027)2016-04-27 16:00Financial Performance - Operating revenue for the period was CNY 183,337,115.19, reflecting a growth of 16.07% compared to the same period last year[6]. - Net profit attributable to shareholders increased by 23.18% to CNY 23,418,019.54 year-over-year[6]. - Basic earnings per share rose by 23.23% to CNY 0.1952 compared to the previous year[6]. - Total operating revenue for Q1 2016 was CNY 183,337,115.19, an increase of 16.1% compared to CNY 157,950,600.50 in the same period last year[28]. - Net profit for Q1 2016 reached CNY 23,418,019.54, up 23.9% from CNY 19,010,450.99 in Q1 2015[30]. - Operating profit for Q1 2016 was CNY 27,289,718.62, representing a 22.5% increase from CNY 22,193,352.59 in the previous year[30]. - Total profit for Q1 2016 was CNY 28,464,139.29, up 24.0% from CNY 22,872,337.62 in Q1 2015[30]. Assets and Liabilities - Total assets increased by 31.77% to CNY 954,184,075.64 compared to the end of the previous year[6]. - Current liabilities decreased to CNY 102,799,352.27 from CNY 235,729,347.14, a reduction of 56.4%[21]. - Total liabilities decreased to CNY 124,433,867.55 from CNY 256,624,517.69, a decline of 51.5%[21]. - Cash and cash equivalents increased by 446.13% to ¥264,424,247.91 due to IPO fundraising[12]. - Total current assets reached ¥498.15 million, up from ¥270.72 million, marking an 84.1% increase[19]. - Cash and cash equivalents rose to CNY 227,610,029.17 from CNY 34,759,082.44, marking a substantial increase of 553.5%[23]. Shareholder Information - The total number of shareholders reached 28,223 at the end of the reporting period[11]. - The largest shareholder, Wu Chaoqun, holds 44.34% of the shares, totaling 70,946,558 shares[11]. - The company has committed to stabilizing its stock price through share buybacks and increasing shareholdings by major shareholders and executives[16]. Expenses and Costs - Management expenses rose by 30.99% to ¥11,434,562.61, influenced by an increase in employee salaries and listing fees[13]. - Total operating costs for Q1 2016 amounted to CNY 156,047,396.57, an increase of 15.0% from CNY 135,757,247.91 in the same quarter last year[30]. - Sales expenses for Q1 2016 were CNY 33,279,466.25, up 26.1% from CNY 26,398,094.47 in Q1 2015[30]. - Financial expenses decreased to CNY 1,174,185.59 in Q1 2016, down 41.9% from CNY 2,020,194.59 in Q1 2015[30]. Cash Flow - Cash flow from operating activities decreased by 5.94% to CNY 1,327,691.87 compared to the same period last year[6]. - The net cash flow from operating activities for Q1 2016 was CNY 1,327,691.87, a decrease of 5.9% compared to CNY 1,411,563.08 in the previous year[36]. - The net cash flow from financing activities was CNY 240,694,055.17, significantly higher than CNY 8,784,152.17 in the previous year[37]. - The total cash inflow from financing activities for the parent company was CNY 377,075,837.70, compared to CNY 40,881,987.32 in the previous year[39]. Future Plans - The company plans to continue expanding its market presence and developing new products following the successful IPO[14]. - The company plans to announce specific share reduction plans in advance, ensuring transparency in its operations[16].