TUNA(SH:603177)2017-04-25 16:00Financial Performance - Operating revenue for the period was CNY 133,441,911.94, representing a 47.15% increase year-on-year[7] - Net profit attributable to shareholders was a loss of CNY 7,147,115.25, an improvement of 14.36% compared to the same period last year[7] - Basic earnings per share improved by 33.33% to CNY -0.04 compared to the same period last year[7] - The company's total comprehensive income for Q1 2017 was -¥7,149,266.55, compared to -¥8,344,142.72 in the previous year, indicating an improvement in overall financial performance[28] - The net loss for Q1 2017 was ¥7,149,266.55, an improvement from a net loss of ¥8,344,142.72 in Q1 2016, indicating a reduction in losses by approximately 14.3%[28] - The operating profit (loss) for Q1 2017 was -¥8,336,981.72, compared to -¥9,437,923.36 in the previous year, showing a decrease in losses by about 11.7%[27] Assets and Liabilities - Total assets increased by 3.07% to CNY 1,129,307,276.48 compared to the end of the previous year[7] - The company’s total liabilities decreased to RMB 621.06 million from RMB 712.00 million, indicating improved financial stability[15] - Total liabilities as of March 31, 2017, were CNY 630,465,967.28, down from CNY 736,463,557.61 at the start of the year[20] - The total assets as of March 31, 2017, amounted to CNY 1,136,299,026.41, compared to CNY 1,102,613,921.04 at the beginning of the year[20] Cash Flow - The net cash flow from operating activities improved by 24.47%, reaching a negative CNY 54,173,131.35[7] - Cash flow from operating activities increased by 120.67% to RMB 179.71 million, up from RMB 81.44 million, indicating strong sales growth[12] - The cash flow from operating activities for Q1 2017 was -¥54,173,131.35, an improvement from -¥71,724,792.65 in Q1 2016, reflecting a 24.5% reduction in negative cash flow[31] - The total cash outflow from operating activities was 259,827,255.51 RMB, compared to 171,657,604.01 RMB in the previous period, reflecting a 51.2% increase[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 31,302[10] - The largest shareholder, Shaoxing Deneng Fireproof Materials Co., Ltd., held 44.38% of the shares[10] Government Support - The company received government subsidies amounting to CNY 232,977.50 related to its normal business operations[9] Investment and Capital - The company received cash inflows from financing activities totaling ¥279,390,000.00 in Q1 2017, compared to ¥178,500,000.00 in the same period last year, marking a 56.5% increase[32] - The company received 145,890,000.00 RMB from investment, indicating a new influx of capital[35] Inventory and Receivables - The accounts receivable rose to RMB 470.09 million from RMB 455.06 million, showing a slight increase in credit sales[14] - Inventory increased to CNY 203,546,645.84 from CNY 185,626,105.06, representing a growth of 9.7%[19]