xinje(SH:603416)2017-04-17 16:00Financial Performance - Operating income rose by 39.14% to CNY 90,357,756.87 year-on-year[6] - Net profit attributable to shareholders increased by 17.54% to CNY 20,926,323.67 compared to the same period last year[6] - Net profit for Q1 2017 was ¥24,929,069.97, reflecting a growth of 40.17% from ¥17,784,726.69 in the same period last year[11] - Net profit for Q1 2017 reached CNY 24,929,069.97, representing a 40.0% increase from CNY 17,784,726.69 in Q1 2016[23] - The total comprehensive income for Q1 2017 was ¥24,813,047.24, compared to ¥17,740,239.61 in the previous year, marking an increase of about 39.0%[27] Cash Flow - Cash flow from operating activities surged by 129.08% to CNY 6,916,381.34 year-on-year[6] - Cash inflow from operating activities totaled ¥65,520,991.67, compared to ¥50,886,545.37 in the same period last year, indicating a year-over-year increase of about 28.9%[31] - The net cash flow from operating activities was ¥6,916,381.34, up from ¥3,019,156.12, reflecting a growth of approximately 129.9%[31] - The cash flow from investment activities showed a net outflow of ¥533,348,290.69, primarily due to purchases of financial products and land[11] - The net cash flow from investment activities was -¥533,348,290.69, compared to -¥30,889,806.72, showing a deeper cash outflow due to increased investments[35] Assets and Liabilities - Total assets increased by 4.80% to CNY 969,143,524.02 compared to the end of the previous year[6] - Total assets as of March 31, 2017, amounted to ¥969,143,524.02, up from ¥924,777,466.28 at the start of the year[17] - The company’s total liabilities increased to ¥118,854,132.29 from ¥99,339,985.50 at the beginning of the year[17] - Total liabilities increased to CNY 118,550,422.38 in Q1 2017, up from CNY 99,163,147.24 in Q1 2016, marking a rise of 19.5%[21] Shareholder Information - The number of shareholders reached 11,426 at the end of the reporting period[9] - The company’s total equity as of Q1 2017 was CNY 849,919,781.27, an increase of 3.0% from CNY 825,106,734.03 in the previous year[21] Inventory and Receivables - Accounts receivable rose by 34.30% to CNY 72,389,822.29 due to increased sales revenue[10] - Inventory increased by 33.60% to CNY 107,421,544.75 driven by higher sales volume[10] - The company’s inventory increased to ¥107,421,544.75 from ¥80,407,476.47 at the beginning of the year[15] Earnings and Expenses - The company’s basic earnings per share increased by 4.17% to CNY 0.25[6] - Operating costs for Q1 2017 amounted to CNY 69,103,959.71, up 46.3% from CNY 47,258,038.41 in Q1 2016[22] - The company’s financial expenses increased by 31.58% due to higher interest from bank deposits, amounting to -¥717,541.18[11] Government Support - Non-current asset disposal loss was recorded at CNY -107.28, while government subsidies recognized amounted to CNY 2,680,000.00[8] - The company received government subsidies and tax refunds totaling ¥5,468,148.15, a 95.51% increase from ¥2,796,797.85 in Q1 2016[11] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22]