Sunway(SH:603333)2016-04-29 16:00Financial Performance - Operating revenue for the period was CNY 133,355,695.73, representing a growth of 15.25% year-on-year[6] - The net profit attributable to shareholders of the listed company was negative CNY 3,659,815.52, an improvement from negative CNY 4,138,593.16 in the previous year[6] - Basic earnings per share were negative CNY 0.003, an improvement from negative CNY 0.007 in the previous year[6] - The company's net loss for Q1 2016 was CNY 2,755,914.19, slightly improved from a loss of CNY 2,877,430.63 in the previous year[24] - The net profit for Q1 2016 was CNY 619,500.40, a significant improvement from a net loss of CNY 2,555,167.78 in Q1 2015[27] - The total profit for Q1 2016 was CNY 801,703.17, compared to a loss of CNY 1,314,904.00 in Q1 2015, indicating a turnaround in profitability[27] Cash Flow - Net cash flow from operating activities was negative CNY 17,840,769.01, a decline of 215.45% compared to the same period last year[6] - The company reported a net cash outflow from operating activities of CNY -17,840,769.01, compared to a net inflow of CNY 15,453,649.66 in the same period last year[29] - Cash flow from investing activities decreased significantly, with a net cash outflow of RMB -3,480,909.31 compared to RMB -8,395,134.37 in the previous year[15] - Cash flow from financing activities showed a decrease of 104.24%, with net cash flow of RMB -1,833,708.68 compared to RMB 43,256,481.01 in the previous year, primarily due to increased debt repayments[15] - Total cash inflow from operating activities was $120.91 million, compared to $182.19 million in the previous year[33] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,726,868,130.53, a decrease of 1.78% compared to the end of the previous year[6] - Current assets totaled CNY 940,269,935.85, down from CNY 961,145,679.81 at the start of the year, indicating a decline of approximately 2.5%[20] - Total liabilities were CNY 224,744,614.19, a decrease from CNY 246,284,179.08 at the start of the year, indicating a reduction of approximately 8.7%[23] - Total non-current assets were CNY 786,598,194.68, down from CNY 796,972,763.22, indicating a decrease of approximately 1.9%[20] Shareholder Information - The total number of shareholders at the end of the reporting period was 28,233[9] - The largest shareholder, Li Guangyuan, held 301,500,000 shares, accounting for 57.98% of the total shares, with 208,500,000 shares pledged[9] Expenses and Costs - Total operating costs for Q1 2016 were CNY 136,768,080.23, up from CNY 118,586,752.67, reflecting a year-over-year increase of 15.3%[24] - Management expenses rose by 35.35% from RMB 11,254,606.03 to RMB 15,233,086.92, mainly due to increased depreciation expenses[14] - The company incurred financial expenses of CNY 1,675,761.73, a decrease from CNY 1,952,170.41 in the previous year, reflecting improved financial management[27] Other Financial Metrics - The weighted average return on net assets increased by 0.11 percentage points to -0.12%[6] - The company reported non-operating income of CNY 1,885,633.05, which includes various non-recurring gains[10] - The company reported a decrease in employee compensation payable from CNY 12,203,502.82 to CNY 951,607.30, a significant drop of approximately 92.2%[23] - The company committed to avoiding related party transactions and ensuring fair pricing in any necessary transactions[17] - There is no indication of significant changes in net profit compared to the previous year, suggesting stability in financial performance[18]