FULONGMA(SH:603686)2017-04-27 16:00Financial Performance - Operating revenue increased by 51.07% to CNY 666,210,051.22 year-on-year[6] - Net profit attributable to shareholders rose by 29.89% to CNY 64,466,573.35 compared to the same period last year[6] - Basic earnings per share increased by 29.89% to CNY 0.24172 per share[6] - The company's revenue for Q1 2017 was ¥666,210,051.22, representing a 51.07% increase compared to ¥440,983,142.78 in the same period last year[12] - Net profit for Q1 2017 was ¥68,460,904.54, representing a 33.9% increase compared to ¥51,106,498.33 in Q1 2016[24] - Earnings per share for Q1 2017 were ¥0.24, up from ¥0.19 in the previous year[24] Assets and Liabilities - Total assets decreased by 2.97% to CNY 2,567,107,540.92 compared to the end of the previous year[6] - The total assets as of March 31, 2017, were ¥2,567,107,540.92, down from ¥2,645,773,082.75 at the beginning of the year[16] - The total liabilities decreased to ¥1,231,709,432.26 from ¥1,383,851,626.27, indicating a reduction in financial obligations[17] - Total liabilities decreased to ¥1,132,520,075.64 from ¥1,293,913,623.76, a reduction of 12.5%[21] - Current assets totaled ¥1,966,307,804.60, down from ¥2,121,909,370.58, a decrease of 7.3%[21] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 396,566,703.81, compared to a net outflow of CNY 245,119,073.85 in the previous year[6] - The net cash flow from operating activities was -¥396,566,703.81, a decline from -¥245,119,073.85, attributed to increased payments to suppliers and higher employee wages[12] - Cash inflow from operating activities was CNY 331,157,938.96, an increase from CNY 289,144,211.19 year-over-year[28] - Cash outflow from operating activities totaled CNY 727,724,642.77, up from CNY 534,263,285.04 in the previous period[29] - Cash flow from investing activities resulted in a net outflow of -CNY 102,354,770.00, compared to -CNY 27,239,532.26 in the previous period[29] - Cash flow from financing activities showed a net outflow of -CNY 468,488.24, compared to -CNY 7,032.55 in the previous period[30] Shareholder Information - The number of shareholders reached 16,566, with the top ten shareholders holding a combined 70.66% of shares[9] Other Financial Metrics - The weighted average return on equity increased by 0.57 percentage points to 5.24%[6] - Tax and additional charges decreased by 79.15% to ¥1,465,043.40, primarily due to a reduction in value-added tax payments[12] - Financial expenses decreased by 70.30% to -¥1,169,870.55, mainly due to a decrease in interest income from deposits[12] - Investment income increased significantly to ¥2,497,228.06, compared to ¥656.73, marking a growth of 380,151.86%[12] - The company reported an operating profit of ¥78,771,376.50, an increase of 23.7% from ¥63,682,106.59 in the previous year[23] - The company’s cash flow from operations improved, with a notable increase in investment income to ¥2,497,228.06 from ¥656.73[23] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22]