CAERI(SH:601965)2016-04-22 16:00Financial Performance - Net profit attributable to shareholders decreased by 11.97% to CNY 60,431,764.45 year-on-year[6] - Operating revenue increased by 0.78% to CNY 220,550,540.04 compared to the same period last year[6] - Total profit for the period was 73.09 million RMB, showing a year-on-year decline of 10%[12] - Technical service business generated revenue of 153.44 million RMB, up 34% year-on-year, with total profit of 87.35 million RMB, an increase of 15%[12] - Industrial manufacturing business revenue fell to 67.09 million RMB, down 36% year-on-year, resulting in a total loss of 14.09 million RMB, a decline of 354%[12] - Operating profit for Q1 2016 was CNY 70,002,699.00, down 13.1% from CNY 81,042,027.66 in the same period last year[23] - Net profit for Q1 2016 was CNY 59,250,248.19, a decrease of 12.5% compared to CNY 67,679,071.69 in Q1 2015[24] - Earnings per share for Q1 2016 were CNY 0.06, down from CNY 0.11 in the previous year[24] Assets and Liabilities - Total assets decreased by 1.87% to CNY 4,368,202,548.68 compared to the end of the previous year[6] - Total liabilities decreased to 481.04 million RMB from 623.76 million RMB, reflecting a significant reduction in current liabilities[17] - Total assets as of the end of Q1 2016 were CNY 4,081,770,689.47, compared to CNY 4,067,212,949.72 at the end of the previous year[21] - Total liabilities decreased to CNY 538,929,503.10 from CNY 597,769,258.81 year-over-year[21] - Current assets totaled CNY 1,867,006,783.04, a decrease from CNY 1,895,216,492.08 in the previous year[21] - Non-current assets increased to CNY 2,214,763,906.43 from CNY 2,171,996,457.64 year-over-year[21] Cash Flow - Net cash flow from operating activities improved by 34.40%, reaching -CNY 18,344,967.13[6] - Operating cash flow net amount improved by 34.40%, reaching -18.34 million RMB, due to increased collections from automotive testing and R&D[13] - Cash inflows from operating activities amounted to CNY 219,211,269.45, up from CNY 169,297,735.86, representing a growth of about 29.5%[30] - The net cash flow from operating activities was negative CNY 18,344,967.13, an improvement from negative CNY 27,965,371.24 in the same period last year[30] - Cash outflows from investing activities totaled CNY 110,486,332.59, compared to CNY 58,761,764.08 in the previous period, indicating an increase of approximately 88.1%[30] - The net cash flow from investing activities was negative CNY 106,163,832.59, a significant decrease from positive CNY 495,173,447.85 in the previous year[30] - Cash inflows from financing activities were CNY 20,122,519.66, compared to CNY 1,715,284.07 in the previous period, showing a substantial increase[31] - The net increase in cash and cash equivalents was negative CNY 105,366,280.06, contrasting with a positive increase of CNY 468,923,360.68 in the previous year[31] - The ending balance of cash and cash equivalents was CNY 1,242,794,765.45, down from CNY 1,573,994,903.45 at the end of the previous period[31] Shareholder Information - The number of shareholders reached 48,099 at the end of the reporting period[9] - The largest shareholder, China General Technology (Group) Holding Co., Ltd., holds 63.69% of the shares[9] Other Financial Metrics - The weighted average return on equity decreased by 0.34 percentage points to 1.59%[6] - Accounts receivable decreased by 41.91% to CNY 116,523,627.87 due to the collection of overdue payments[11] - Prepayments increased by 68.78% to CNY 18,289,052.47 due to increased inventory for peak sales[11] - The company received government subsidies amounting to CNY 2,998,309.19 during the reporting period[7] - Total revenue for Q1 2016 was CNY 220,550,540.04, a slight increase of 0.32% compared to CNY 218,848,323.91 in the previous year[22] - The company reported a financial expense of CNY -6,432,389.98, an improvement compared to CNY -11,274,422.36 in Q1 2015[23] - The total comprehensive income for the first quarter of 2016 was CNY 73,397,495.46, compared to CNY 70,093,253.76 in the previous period, reflecting an increase of approximately 3.3%[26] - The basic earnings per share and diluted earnings per share figures were not provided in the documents[26] - The company reported a significant increase in cash received from sales of goods and services, totaling CNY 188,219,711.64, compared to CNY 152,788,904.05 in the previous period, marking an increase of approximately 23.1%[29]