BYE(SH:603861)2017-04-28 16:00Financial Performance - Operating revenue for the period was CNY 250,015,721.09, down 8.27% year-on-year[6] - Net profit attributable to shareholders was CNY 21,335,806.06, representing a decline of 8.98% compared to the same period last year[6] - Basic earnings per share decreased by 14.63% to CNY 0.0607[6] - The company's operating revenue for the current period is ¥250,015,721.09, a decrease of 8.3% compared to ¥272,554,040.97 in the previous period[21] - The net profit for the current period is ¥24,834,819.07, down from ¥25,582,845.10, reflecting a decline of 2.9%[22] - The operating profit remains relatively stable at ¥27,555,047.10, compared to ¥27,579,232.09 in the previous period, showing a slight decrease of 0.1%[21] - The total profit for the current period is ¥30,102,545.48, slightly up from ¥30,098,079.12, indicating a marginal increase of 0.015%[21] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, with a net cash flow of -CNY 32,244,341.80, an increase of 79.01% compared to the previous year[6] - Operating cash flow improved by 79.01%, reducing the net cash outflow to ¥-32,244,341.80 compared to ¥-153,626,547.66 in the previous period[15] - Cash and cash equivalents at the end of the period stand at ¥77,661,592.98, down from ¥482,162,271.21, indicating a significant decrease in liquidity[25] - The company's cash and cash equivalents decreased to ¥94,109,039.13 from ¥121,061,881.02, a decline of 22.29%[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,693,575,710.01, a decrease of 2.59% compared to the end of the previous year[6] - Total assets decreased to ¥2,693,575,710.01 from ¥2,765,165,663.09, reflecting a decline in overall asset value[19] - Total liabilities decreased from ¥865,015,736.43 to ¥768,590,964.28, indicating a reduction in financial obligations[19] - The company's inventory increased by 24.06% to ¥385,299,662.60, indicating a rise in stock levels[18] - The company's total equity increased to ¥1,924,984,745.73 from ¥1,900,149,926.66, reflecting a growth in shareholder value[20] Shareholder Information - The total number of shareholders at the end of the reporting period was 28,353[11] - The top three shareholders, each holding 17.60% of shares, are Hu Minggao, Hu Mingsong, and Hu Mingsen[11] Government Support and Other Income - The company received government subsidies amounting to CNY 2,581,951.50, which are closely related to its normal business operations[8] - The company reported a non-operating income of CNY 3,499,013.01 after tax adjustments[8] Financial Expenses and Investment Income - Financial expenses decreased by 91.65% to ¥164,904.91 primarily due to reduced loan interest[13] - The company has reduced its financial expenses significantly to ¥164,904.91 from ¥1,974,655.95, a decrease of 91.7%[21] - Investment income increased significantly to ¥1,176,750.86 from a loss of ¥826,607.94 in the previous period, marking a 242.36% change[13] Prepaid Accounts and Loans - Prepaid accounts decreased by 31.18% to ¥110,093,369.15 due to the completion of bulk order material procurement[12] - Short-term loans increased by 100% to ¥10,000,000.00 as the company added bank loans during the period[12]