FLYCO(SH:603868)2017-04-25 16:00Financial Performance - Operating revenue rose by 20.27% to CNY 940,522,661.55 for the first quarter[7] - Net profit attributable to shareholders increased by 38.22% to CNY 200,448,783.49 year-on-year[7] - Basic and diluted earnings per share increased by 24.32% to CNY 0.46[7] - Revenue for Q1 2017 reached ¥200,448,783.49, an increase of 38.22% compared to ¥145,017,792.69 in the same period last year[14] - Total revenue for Q1 2017 reached ¥940,522,661.55, an increase of 20.2% compared to ¥781,985,810.96 in the same period last year[26] - Net profit for Q1 2017 was ¥200,448,783.49, representing a 38.3% increase from ¥145,017,792.69 in Q1 2016[28] - Earnings per share for Q1 2017 were ¥0.46, compared to ¥0.37 in the same quarter last year, reflecting a growth of 24.3%[28] - The company's net profit margin for Q1 2017 was approximately 38.22%, reflecting effective cost control alongside revenue growth[14] Cash Flow - Net cash flow from operating activities surged by 56.75% to CNY 201,167,843.65[7] - Cash flow from operating activities increased by 56.75% to ¥201,167,843.65 compared to ¥128,335,165.60 in the previous year[14] - The total cash inflow from investment activities was ¥960,858,982.89, compared to ¥629,183,060.18 in the same period last year[32] - The company reported a cash outflow from investment activities of ¥1,172,688,049.70, which is significantly higher than ¥704,204,204.01 in Q1 2016[32] - The company’s investment activities resulted in a net cash flow of -¥211,829,066.81, worsening from -¥75,021,143.83 in the same quarter last year[32] - The net cash flow from investing activities was -$187.71 million, compared to -$37.20 million in the previous year, indicating a significant increase in cash outflow[35] Assets and Liabilities - Total assets increased by 1.56% to CNY 2,827,806,003.19 compared to the end of the previous year[7] - The total liabilities decreased to ¥616,909,906.77 from ¥773,892,035.26, indicating improved financial health[20] - Total liabilities decreased to ¥560,807,101.38 from ¥725,895,738.46, a reduction of 22.7%[24] - Total equity increased to ¥2,121,874,416.40 from ¥1,931,592,142.29, marking a growth of 9.8%[24] - The company's cash and cash equivalents stood at ¥866,723,481.53, slightly down from ¥871,739,724.58 at the start of the year[18] Inventory and Receivables - Inventory decreased by 37.88% to CNY 229,967,115.15, indicating reduced stockpiling[13] - Inventory decreased significantly to ¥199,119,812.64 from ¥340,968,141.30, a decline of 41.5%[23] - Accounts receivable increased to ¥142,837,634.08 from ¥134,215,160.09, indicating a growth of 5.9%[22] Shareholder Information - The number of shareholders reached 20,593, with the top ten shareholders holding 90.26% of shares[10] Expenses - Management expenses rose to ¥36,684,672.90, a 56.82% increase from ¥23,393,341.19, primarily due to increased R&D and depreciation costs[14]