GOODIX(SH:603160)2017-04-28 16:00Financial Performance - Net profit attributable to shareholders increased by 150.04% to CNY 175,348,037.22 year-on-year[6] - Operating revenue rose by 90.21% to CNY 731,459,424.45 compared to the same period last year[6] - Basic and diluted earnings per share increased by 124.76% to CNY 0.394[6] - Total revenue for Q1 2017 reached RMB 731,459,424.45, a 90.21% increase compared to RMB 384,544,690.11 in the same period last year, primarily driven by growth in fingerprint chip sales[14] - Net profit for Q1 2017 reached CNY 181,609,608.08, compared to CNY 68,394,945.31 in Q1 2016, representing a growth of 165%[30] - Operating profit for Q1 2017 was CNY 197,982,074.75, up from CNY 80,151,266.49 in Q1 2016, indicating a year-over-year increase of 147%[30] - The company reported a total profit of CNY 214,530,960.65 for Q1 2017, compared to CNY 80,506,169.66 in Q1 2016, representing an increase of 167%[30] Cash Flow - Net cash flow from operating activities improved by 319.07% to CNY 124,168,542.98 compared to the previous year[6] - Cash flow from operating activities rose by 193.29% to RMB 942,960,316.70, attributed to the recovery of overdue receivables from the previous year[14] - Cash flow from financing activities showed a net inflow of CNY 301,000.00, contrasting with a net outflow of CNY 210,999.25 in the previous period[38] - Cash flow from operating activities was CNY 942,960,316.70 in Q1 2017, significantly higher than CNY 321,506,680.74 in Q1 2016, marking an increase of 193%[32] - Operating cash inflow totaled CNY 996,380,967.02, a significant increase from CNY 351,039,144.19 in the previous period, reflecting a growth of approximately 184%[36] - Net cash flow from operating activities was CNY 86,336,109.76, compared to a negative CNY 50,667,085.15 in the same period last year, indicating a turnaround[36] Assets and Liabilities - Total assets increased by 5.62% to CNY 3,395,909,322.17 compared to the end of the previous year[6] - Total assets as of March 31, 2017, amounted to CNY 3,426,621,393.30, up from CNY 3,238,905,609.70 at the beginning of the year, reflecting a growth of approximately 5.8%[25] - Total liabilities increased to CNY 490,229,138.33 from CNY 484,122,962.82, indicating a rise of about 2.3%[25] - Current assets totaled CNY 3,131,428,900.45, compared to CNY 2,946,159,173.85 at the start of the year, representing an increase of approximately 6.3%[24] - The company's cash and cash equivalents rose to CNY 1,158,504,483.47 from CNY 1,083,065,208.56, marking an increase of about 6.9%[23] - Accounts receivable decreased to CNY 548,881,028.89 from CNY 643,037,527.07, a decline of approximately 14.7%[23] - Inventory increased significantly to CNY 703,077,981.72 from CNY 550,424,581.84, reflecting a growth of about 27.7%[24] Shareholder Information - The total number of shareholders reached 30,500 by the end of the reporting period[10] - The largest shareholder, Zhang Fan, holds 48.39% of the shares, totaling 215,356,000 shares[10] Expenses - Operating costs increased by 95.83% to RMB 385,045,566.04 from RMB 196,621,361.16, mainly due to the expansion of fingerprint chip production scale[14] - The company incurred sales expenses of CNY 44,806,532.78 in Q1 2017, up from CNY 9,754,045.48 in Q1 2016, which is an increase of 359%[29] - Management expenses for Q1 2017 were CNY 100,457,669.88, compared to CNY 92,275,157.89 in the previous year, showing an increase of 9%[29] - Total operating costs for Q1 2017 were CNY 539,480,427.50, compared to CNY 302,784,480.65 in the same period last year, reflecting a rise of 78%[27] Other Income - The company received government subsidies related to intellectual property and projects amounting to CNY 474,124.99[8] - The company reported a non-recurring gain of CNY 1,367,720.97 for the period[9] - The company received tax refunds amounting to CNY 44,399,724.81, up from CNY 28,101,508.57, reflecting a growth of approximately 58%[36] - Other comprehensive income after tax for Q1 2017 was CNY 149,925.78, compared to a loss of CNY 28,852.27 in the same period last year[28]