KINGCLEAN(SH:603355)2017-04-24 16:00Financial Performance - Net profit attributable to shareholders rose by 32.85% to CNY 145,684,504.21 year-on-year[6] - Operating revenue grew by 44.08% to CNY 1,347,944,101.54 compared to the same period last year[6] - Basic earnings per share increased by 33.33% to CNY 0.36[6] - The weighted average return on equity improved by 0.57 percentage points to 4.78%[6] - The net profit after deducting non-recurring gains increased by 39.35% to CNY 142,749,136.95[6] - Operating profit for Q1 2017 reached CNY 163,556,645.22, representing a 35.2% increase from CNY 120,927,344.40 in Q1 2016[21] - Net profit for Q1 2017 reached CNY 69,809,799.23, slightly up from CNY 69,154,638.44 in Q1 2016, indicating a growth of 0.9%[26] - Total profit for Q1 2017 was CNY 88,851,074.28, up from CNY 79,839,001.74 in Q1 2016, representing an increase of 8.8%[26] Assets and Liabilities - Total assets increased by 13.68% to CNY 5,792,176,397.97 compared to the end of the previous year[6] - The total assets of the company reached CNY 5,792,176,397.97, up from CNY 5,095,219,746.18 at the beginning of the year[15] - Total liabilities increased to CNY 2,120,268,099.63 from CNY 1,654,325,975.95, marking a rise of 28.1%[19] - Current liabilities totaled CNY 2,119,554,799.99, up from CNY 1,653,456,426.09, indicating a growth of 28.1%[19] - Cash and cash equivalents increased to CNY 2,026,621,051.17 from CNY 1,527,109,919.91, a growth of 32.7%[18] - Cash and cash equivalents at the end of Q1 2017 totaled CNY 2,833,945,358.42, up from CNY 1,696,868,478.54 at the end of Q1 2016, marking a 67.0% increase[29] Cash Flow - Net cash flow from operating activities decreased by 163.38% to CNY -46,747,208.09 compared to the previous year[6] - Cash flow from operating activities showed a significant decline of 163.38%, resulting in a net outflow of CNY 46,747,208.09 due to increased payments and taxes[12] - The net cash flow from operating activities was negative at CNY -46,747,208.09, a decline from CNY 73,754,573.41 in Q1 2016[28] - Cash inflow from financing activities was CNY 815,000,000.00, compared to CNY 680,459,052.85 in Q1 2016, showing an increase of 19.7%[29] - Cash inflow from financing activities increased to 750,000,000.00 RMB, up 56.3% from 480,459,052.85 RMB in Q1 2016[31] Operating Costs and Expenses - Operating costs rose by 41.54% to CNY 932,943,487.45, mainly due to increased material costs and sales growth[11] - Sales expenses surged by 96.27% to CNY 119,114,142.53, reflecting higher advertising and market expenses as brand sales expanded[11] - The company incurred operating costs of CNY 645,370,398.78, which is a 43.8% increase from CNY 448,637,234.56 in the previous year[26] - The company reported a significant increase in sales expenses, which rose to CNY 119,114,142.53 from CNY 60,689,874.09, a 96.1% increase year-over-year[21] Shareholder Information - The total number of shareholders reached 13,067 by the end of the reporting period[8] - The largest shareholder, 莱克（苏州）投资有限公司, holds 45.79% of the shares[8] Investment Activities - Cash flow from investing activities improved to CNY 188,449,837.05, a 230.54% increase, due to the maturity of financial products[12] - The company reported a net cash inflow from investing activities of CNY 188,449,837.05, a significant improvement from a net outflow of CNY -144,365,924.50 in the same period last year[29] - Total cash outflow for investment activities was 518,402,560.96 RMB, compared to 351,858,579.66 RMB in the previous year, indicating increased investment activity[31]