YINGLIU(SH:603308)2017-04-27 16:00Financial Performance - Operating revenue for the period was CNY 353,848,872.14, reflecting a 2.14% increase year-on-year[6] - Net profit attributable to shareholders rose by 43.13% to CNY 31,365,927.32 compared to the same period last year[6] - Basic and diluted earnings per share increased by 40% to CNY 0.07[6] - Net profit for Q1 2017 reached CNY 30,843,484.13, representing a significant increase of 46.9% from CNY 20,988,360.95 in Q1 2016[22] - Earnings per share (EPS) for Q1 2017 was CNY 0.07, compared to CNY 0.05 in the same quarter last year, indicating a 40% increase[23] - Comprehensive income for Q1 2017 totaled CNY 28,505,017.23, compared to CNY 23,301,474.06 in Q1 2016, marking a growth of 22.5%[23] Assets and Liabilities - Total assets increased by 3.12% to CNY 6,593,960,448.24 compared to the end of the previous year[6] - Total current assets increased to CNY 2,636,229,762.27 from CNY 2,470,847,369.54, representing a growth of approximately 6.7%[13] - Total non-current assets reached CNY 3,957,730,685.97, up from CNY 3,923,513,279.00, indicating a growth of approximately 0.9%[14] - Total liabilities increased to CNY 3,722,150,012.93 from CNY 3,552,354,418.90, marking an increase of about 4.8%[15] - Total liabilities as of Q1 2017 amounted to CNY 1,960,268,744.89, an increase from CNY 1,899,115,013.82 in the previous year[22] Cash Flow - The net cash flow from operating activities was negative at CNY -37,591,649.61, a decrease of 180.28% compared to the previous year[6] - Cash flow from operating activities was CNY 330,376,788.85, down from CNY 386,385,124.98 in the same period last year, reflecting a decrease of 14.5%[28] - Total cash inflow from operating activities was 397,047,478.42 RMB, while cash outflow was 434,639,128.03 RMB, resulting in a net cash outflow of 37,591,649.61 RMB[29] - Cash inflow from financing activities amounted to 762,631,351.00 RMB, an increase from 568,218,986.95 RMB in the previous period, reflecting stronger financing efforts[30] - The net cash flow from financing activities was 138,599,982.43 RMB, a recovery from -83,803,347.88 RMB in the previous period, indicating improved financial management[30] Shareholder Information - The number of shareholders at the end of the reporting period was 44,759[8] Government Subsidies and Tax - The company received government subsidies amounting to CNY 968,500.00, which are closely related to its normal business operations[7] - The company received 16,126,697.63 RMB in tax refunds, an increase from 10,154,305.44 RMB, reflecting improved tax recovery efforts[31] Inventory and Receivables - The company reported a significant decrease of 79.47% in notes receivable, primarily due to a reduction in bank acceptance bills[9] - Accounts receivable rose to CNY 717,920,561.02 from CNY 652,707,501.76, an increase of about 10%[13] - Inventory increased to CNY 979,390,404.94 from CNY 946,675,581.88, reflecting a growth of around 3.4%[13] - Other receivables increased to CNY 17,338,837.01 from CNY 14,806,786.48, showing a growth of about 17%[13] - Deferred tax assets rose to CNY 30,912,100.36 from CNY 26,066,409.03, indicating an increase of approximately 18.5%[14] Cost Management - Total operating costs for Q1 2017 were CNY 326,330,831.61, up from CNY 324,461,969.08, reflecting a slight increase of 0.57%[22] - The company reported a decrease in sales expenses to CNY 12,287,452.29 from CNY 11,051,499.94, indicating a 11.2% increase in efficiency[22] - The cash outflow for purchasing goods and services was 292,305,168.47 RMB, down from 406,055,839.54 RMB, indicating cost control measures[31]