CECO(SH:603698)2017-04-27 16:00Financial Performance - Operating revenue for the period was ¥156,191,961.85, representing a year-on-year growth of 12.98%[6] - Net profit attributable to shareholders of the listed company was ¥31,792,002.97, a significant increase of 720.29% compared to the same period last year[6] - Basic and diluted earnings per share were both ¥0.08, up 700% from ¥0.01 in the same period last year[6] - The total profit for the period was CNY 36,877,951.80, an increase of 750.50% compared to the same period last year, primarily due to the characteristics of project settlements[18] - The net profit attributable to the parent company was CNY 31,792,002.97, up 720.29% year-on-year, mainly due to the characteristics of project settlements[18] - The company reported a significant improvement in operating profit, which rose to CNY 36,067,136.74 from CNY 3,260,390.81, an increase of 1003.1%[34] - The net profit for Q1 2017 reached CNY 34,985,146.83, a significant increase of 431.5% from CNY 6,592,237.25 in Q1 2016[38] - The company reported a total profit of CNY 39,660,594.97 for Q1 2017, a substantial increase from CNY 7,043,440.98 in Q1 2016[38] Cash Flow - The net cash flow from operating activities was ¥32,433,790.32, a recovery from a negative cash flow of ¥135,221,687.34 in the previous year[6] - The cash flow from operating activities generated a net inflow of CNY 32,433,790.32, a turnaround from a net outflow of CNY -135,221,687.34 in Q1 2016[41] - Cash inflow from operating activities totaled ¥118,594,178.16, up from ¥70,936,154.99 in the previous period, indicating a growth of approximately 67.3%[44] - Cash outflow from operating activities decreased to ¥90,016,690.92 from ¥191,799,140.83, representing a reduction of about 53.1%[44] - The company reported a financial expense of CNY -7,728,068.00, which is a significant improvement compared to CNY -796,862.55 in the previous year[37] Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,637,949,428.51, an increase of 1.21% compared to the end of the previous year[6] - The total assets at the end of the period amounted to CNY 3,637,949,428.51, compared to CNY 3,594,550,960.33 at the beginning of the year[26] - The total liabilities at the end of the period were CNY 1,156,739,850.26, compared to CNY 1,144,907,475.55 at the beginning of the year[26] - The company's total equity increased to CNY 2,307,434,862.64 from CNY 2,272,156,175.49, reflecting a growth of 1.6%[31] Shareholder Information - The total number of shareholders at the end of the reporting period was 28,704[12] - The largest shareholder, China Academy of Launch Vehicle Technology, held 45.98% of the shares[13] Government Subsidies and Other Income - The company received government subsidies amounting to ¥809,353.50, which are closely related to its normal business operations[9] - Non-recurring gains and losses totaled ¥689,192.80 after accounting for tax effects[11] - The investment income for Q1 2017 was CNY 6,654,521.01, compared to CNY 0 in the previous year, indicating improved investment performance[37] Operating Costs - Total operating costs decreased to CNY 120,124,825.11 from CNY 141,639,899.63, representing a reduction of 15.2%[34] - The company's cash and cash equivalents rose to CNY 757,078,594.34 from CNY 732,193,905.18, an increase of 3.4%[29] - The company's operating revenue for Q1 2017 was CNY 156,104,028.90, an increase of 13.2% compared to CNY 137,810,508.22 in the same period last year[37] - The cash paid for purchasing goods and services was CNY 20,541,183.84, a decrease of 84.80% year-on-year, influenced by the number and progress of ongoing projects[18]