JHM(SH:603078)2017-04-27 16:00Financial Performance - Operating income for the period was CNY 79,087,175.10, reflecting a 13.14% increase from the same period last year[5] - Net profit attributable to shareholders increased by 5.50% to CNY 11,659,744.60[5] - Basic earnings per share rose by 5.50% to CNY 0.2591[5] - Total revenue for Q1 2017 was CNY 79,087,175.10, an increase of 13.0% compared to CNY 69,899,567.87 in the same period last year[22] - Net profit for Q1 2017 reached CNY 11,659,744.60, representing a 5.5% increase from CNY 11,051,925.50 in Q1 2016[23] - The operating profit for the period was CNY 13,443,834.23, reflecting a growth of 7.3% from CNY 12,532,783.15 in the previous year[24] - The total comprehensive income for the period was CNY 11,840,564.93, consistent with the net profit reported[24] Assets and Liabilities - Total assets increased by 56.37% to CNY 868,585,260.73 compared to the end of the previous year[5] - The total assets increased to CNY 868,585,260.73, up from CNY 555,479,317.47, reflecting a strong growth in the company's financial position[19] - Current assets totaled CNY 611,595,048.46, up from CNY 302,277,593.52 at the start of the year, indicating strong liquidity[21] - Total liabilities decreased to CNY 162,539,583.25 from CNY 173,651,877.52, reflecting improved debt management[18] - Total liabilities decreased to CNY 155,503,325.41 from CNY 173,638,437.52, reflecting improved financial stability[22] Shareholder Equity - Net assets attributable to shareholders rose by 84.91% to CNY 706,045,677.48 year-on-year[5] - The company’s equity attributable to shareholders increased to CNY 706,045,677.48 from CNY 381,827,439.95, demonstrating strong retained earnings growth[19] - Owner's equity increased to CNY 706,062,718.82 from CNY 381,827,709.95, showing a growth of 84.9%[22] Cash Flow - Cash flow from operating activities decreased by 76.09% to CNY 4,149,019.22 compared to the previous year[5] - The net cash flow from operating activities was CNY 4,149,019.22, a decrease of 76.1% compared to CNY 17,353,697.19 in Q1 2016[27] - The company reported a significant increase in cash and cash equivalents, ending the period with CNY 463,210,559.44, compared to CNY 84,089,298.63 at the end of Q1 2016[28] - Cash and cash equivalents increased by 244.32% to CNY 463,210,559.44 due to funds raised from the IPO[12] - The total cash inflow from financing activities was CNY 343,655,443.59, a substantial increase from CNY 15,067,937.07 in the previous year[31] Inventory and Receivables - Inventory increased by 32.96% to CNY 16,486,109.76, attributed to fluctuations in raw material prices[12] - The company’s inventory increased to CNY 16,486,109.76 from CNY 12,398,860.22, indicating potential growth in sales or production[17] - Accounts receivable decreased slightly to CNY 125,378,649.07 from CNY 129,608,450.69, showing a stable collection process[16] - The company reported a decrease in accounts payable from CNY 56,910,367.95 to CNY 48,177,938.83, suggesting better cash management[21] Operating Costs - Total operating costs for Q1 2017 were CNY 65,824,161.20, up 15.5% from CNY 56,966,784.72 in Q1 2016[22] - The company incurred operating costs of CNY 50,056,004.63, which is 16.6% higher than CNY 42,865,215.59 in Q1 2016[24] - The company experienced a 60.31% decrease in employee compensation payable, dropping to CNY 4,272,106.57, primarily due to salary disbursements this period[13] Government Subsidies - The company reported government subsidies of CNY 139,998.00, net of tax effects[8]