HOP(SH:603319)2017-04-28 16:00Financial Performance - Operating revenue rose by 47.73% to CNY 177,642,018.60 compared to the same period last year[6] - Net profit attributable to shareholders increased by 67.48% to CNY 19,384,830.52 year-over-year[6] - Basic earnings per share increased by 26.32% to CNY 0.24 compared to the same period last year[6] - Operating profit for Q1 2017 was CNY 22,063,445.86, a growth of 94.8% compared to CNY 11,316,564.73 in the previous year[24] - Net profit for Q1 2017 reached CNY 19,384,830.52, representing a 67.5% increase from CNY 11,574,657.39 in Q1 2016[24] - Total operating revenue for Q1 2017 was CNY 177,642,018.60, an increase of 47.7% compared to CNY 120,244,327.44 in the same period last year[23] Assets and Liabilities - Total assets decreased by 1.39% to CNY 945,404,389.79 compared to the end of the previous year[6] - Total current assets decreased from CNY 574,670,703.05 to CNY 557,613,134.98, a decline of approximately 2.3%[15] - Total non-current assets increased from CNY 384,104,929.90 to CNY 387,791,254.81, a growth of about 1.8%[16] - Total liabilities decreased from CNY 360,781,777.70 to CNY 328,025,704.02, a reduction of approximately 9.1%[17] - Owner's equity increased from CNY 597,993,855.25 to CNY 617,378,685.77, a growth of about 3.2%[17] - The total liabilities to equity ratio improved from 0.60 to 0.53, indicating a stronger financial position[17] Cash Flow - Net cash flow from operating activities decreased significantly by 1224.26% to -CNY 56,841,858.98 compared to the previous year[6] - Cash flow from operating activities in Q1 2017 was CNY 101,523,847.62, compared to CNY 95,712,158.21 in the same period last year, indicating a growth of 6.9%[30] - The net cash flow from operating activities was -¥58,609,269.73, a significant decline compared to ¥1,826,388.72 in the previous period, indicating a negative cash flow trend[34] - Total cash inflow from operating activities was ¥104,261,165.26, while cash outflow was ¥162,870,434.99, resulting in a net cash flow deficit[34] - Cash flow from investment activities showed a net outflow of -¥36,696,312.01, compared to -¥7,029,653.16 in the previous period, reflecting increased investment expenditures[35] Shareholder Information - The total number of shareholders reached 8,880 by the end of the reporting period[10] - The top shareholder, Xu Zhongqiu, holds 20.68% of the shares, totaling 16,736,462 shares[10] Expenses - Total operating costs for Q1 2017 were CNY 155,709,860.40, up 43% from CNY 108,927,762.71 in Q1 2016[23] - Sales expenses for Q1 2017 were CNY 10,534,287.04, up 69.5% from CNY 6,206,827.56 in Q1 2016[24] - Management expenses increased to CNY 16,004,059.80 in Q1 2017, a rise of 34.7% from CNY 11,919,005.32 in the previous year[24] - The company reported a tax expense of CNY 2,838,315.07 for Q1 2017, which is an increase of 141.1% from CNY 1,176,801.21 in Q1 2016[24] - Financial expenses decreased to CNY 1,850,604.58 in Q1 2017, down 38.8% from CNY 3,022,141.46 in Q1 2016[24] Investment Activities - The company received ¥55,000,000.00 from investment recoveries, a substantial increase from ¥5,050,000.00 in the prior period[34] - The company reported a total cash outflow of ¥91,957,365.97 for investment activities, a sharp increase from ¥12,085,515.72 in the prior period[35] - The company achieved an investment income of CNY 131,287.66 in Q1 2017, compared to no income in the same period last year[24]