CAIP(SH:603035)2017-04-26 16:00Financial Performance - Net profit attributable to shareholders increased by 12.59% to CNY 57,152,322.92 year-on-year[6] - Operating revenue rose by 8.56% to CNY 323,762,253.75 compared to the same period last year[6] - Net profit for Q1 2017 reached CNY 57,152,322.92, representing a 12.4% increase from CNY 50,760,513.63 in Q1 2016[25] - Net profit for the current period is CNY 40,511,438.22, an increase of 18.0% from CNY 34,319,474.51 in the previous period[28] - Total comprehensive income for the current period is CNY 40,511,438.22, an increase of 18.0% from CNY 34,319,474.51 in the previous period[28] Earnings and Shares - Basic earnings per share decreased by 16.67% to CNY 0.20[6] - Earnings per share for Q1 2017 were CNY 0.20, down from CNY 0.24 in the same quarter last year[26] - Basic earnings per share decreased to CNY 0.14 from CNY 0.16 in the previous period[28] Cash Flow - Net cash flow from operating activities decreased by 50.08% to CNY 32,053,408.57[6] - Cash flow from operating activities generated a net amount of CNY 32,053,408.57, down 50.1% from CNY 64,214,424.79 in the previous period[29] - Cash flow from investing activities resulted in a net outflow of CNY 197,791,440.92, compared to a net outflow of CNY 32,257,668.70 in the previous period[29] - Cash flow from financing activities showed a net outflow of CNY 174,819,148.11, compared to a net outflow of CNY 24,386,226.05 in the previous period[29] - The net cash flow from financing activities was -86,135,946.98 CNY, compared to -32,079,529.15 CNY in the previous year[33] Assets and Liabilities - Total assets decreased by 4.92% to CNY 2,976,004,174.25 compared to the end of the previous year[6] - Total liabilities decreased to CNY 837,745,549.54 from ¥1,048,738,143.61[19] - Total current assets decreased to CNY 1,258,644,257.33 from CNY 1,334,000,450.23, a decline of 5.7%[20] - Total non-current assets increased to CNY 990,253,873.00 from CNY 943,347,154.89, an increase of 4.9%[21] - Total equity increased to CNY 1,717,763,310.19 from CNY 1,677,251,871.97, reflecting a growth of 2.4%[22] Shareholder Information - The total number of shareholders reached 26,238[10] - The largest shareholder, Luo Xiaochun, holds 36.90% of the shares[10] Operational Costs - Total operating costs for Q1 2017 were CNY 307,205,693.79, up from CNY 278,713,252.36, reflecting a year-over-year increase of 10.2%[24] - Sales expenses increased by 110.11% to ¥11,158,526.10 from ¥5,310,706.30 mainly due to increased transportation costs and sales discounts[12] Cash and Cash Equivalents - Cash and cash equivalents decreased by 43.05% to ¥441,890,332.87 from ¥775,861,946.97 due to loan repayments and bank wealth management product purchases[12] - Cash and cash equivalents decreased significantly to CNY 422,859,375.92 from CNY 766,520,801.29, a decline of 44.9%[20] - Total cash and cash equivalents at the end of the period were 416,101,054.25 CNY, down from 759,977,880.00 CNY at the beginning of the period[33] - The net decrease in cash and cash equivalents for the quarter was -343,876,825.75 CNY, contrasting with an increase of 14,272,442.96 CNY in the same quarter last year[33] Investment Activities - Investment cash flow net amount decreased significantly by 401.54% to -¥161,784,135.95 from -¥32,257,668.70 due to the purchase of wealth management products[13] - Investment income for Q1 2017 was CNY 45,897,821.57, up from CNY 36,452,869.29, indicating a growth of 25.5%[25] - Investment income increased to CNY 45,897,821.57, up 25.9% from CNY 36,452,869.29 in the previous period[27] Company Developments - The company has not disclosed any new product developments or market expansion strategies in this report[6]