QM HOME(SH:603818)2017-04-25 16:00Financial Performance - Operating revenue for the period reached CNY 342,967,810.34, a growth of 37.61% year-on-year[8] - Net profit attributable to shareholders increased by 58.71% to CNY 24,915,615.61 compared to the same period last year[8] - Basic earnings per share rose by 66.67% to CNY 0.05 per share[8] - The company reported a significant increase in net profit excluding non-recurring items, which rose by 82.10% to CNY 23,018,102.55[8] - Net profit rose by 58.49% compared to the same period last year, attributed to increased sales revenue[14] - Net profit for Q1 2017 reached CNY 24,880,463.89, representing a 58.5% increase from CNY 15,698,598.75 in Q1 2016[30] - The company's operating revenue for the current period reached ¥218,050,030.95, an increase of 35.9% compared to ¥160,486,453.88 in the previous period[32] - Net profit for the current period was ¥14,832,964.28, representing a 57.5% increase from ¥9,412,203.01 in the previous period[32] Cash Flow - Cash flow from operating activities improved significantly, with a net cash outflow of CNY -304,428.72, a 91.94% reduction in outflow compared to the previous year[8] - The net cash flow from operating activities increased by 91.94% year-on-year, due to growth in operating revenue and good sales collection[15] - Cash flow from operating activities showed a net outflow of ¥304,428.72, an improvement from a net outflow of ¥3,776,443.46 in the previous period[36] - The company received cash from operating activities totaling ¥440,916,084.98, an increase from ¥297,627,717.95 in the previous period[36] - Cash outflow from operating activities was ¥441,220,513.70, compared to ¥301,404,161.41 in the previous period[36] - The net decrease in cash and cash equivalents was -$279.16 million, compared to -$9.99 million in the previous year[39] Assets and Liabilities - Total assets increased by 1.82% to CNY 1,804,154,524.65 compared to the end of the previous year[8] - Cash and cash equivalents decreased by 41.63% compared to the end of the previous year, primarily due to the purchase of financial products[13] - Total liabilities decreased from 389.41 million yuan to 357.07 million yuan year-on-year[22] - The company's total assets as of March 31, 2017, amounted to 1.804 billion yuan, an increase from 1.772 billion yuan at the end of the previous year[22] - Total liabilities decreased to CNY 383,793,134.59 from CNY 482,081,994.14 at the start of the year, indicating a reduction of 20.5%[27] - The company's cash and cash equivalents decreased to CNY 187,429,309.51 from CNY 466,590,657.25 at the beginning of the year, a decline of 59.9%[26] Shareholder Information - The number of shareholders at the end of the reporting period was 26,750[11] - The top three shareholders held a combined 72.87% of the shares, with Zhao Ruihai holding 33.15%[11] Investments and Joint Ventures - The company established a joint venture with Henan Hengda Home Furnishing Industrial Park Co., Ltd., contributing 60 million yuan and holding a 60% stake in Henan Hengda Qu Mei[16] - Long-term equity investments rose to CNY 147,492,192.04 from CNY 87,492,192.04, marking a significant increase of 68.7%[26] Other Financial Metrics - The weighted average return on equity increased by 0.51 percentage points to 1.79%[8] - Non-recurring gains and losses amounted to CNY 1,897,513.06 for the period[9] - Deferred income increased by 45.30% year-on-year, mainly due to government subsidies received[13] - Other receivables increased by 41.05% compared to the end of the previous year, primarily due to an increase in travel loans[13] - Sales expenses increased by 37.81% year-on-year, mainly due to higher service fees[13] - Total operating costs for Q1 2017 were CNY 314,179,062.72, up 36.0% from CNY 231,048,472.85 in Q1 2016[29] Strategic Insights - The report does not provide specific user data or future guidance, suggesting a need for further updates[39] - The report lacks details on new product development or market expansion strategies, which could be critical for future performance[39] - The audit report status is not applicable, indicating no external audit was performed for this period[39]