TAM(SH:603789)2017-04-25 16:00Financial Performance - Operating revenue rose by 50.08% to CNY 160,997,237.73 year-on-year[6] - Net profit attributable to shareholders decreased by 23.43% to CNY 14,470,527.91 compared to the same period last year[6] - Basic earnings per share fell by 24.02% to CNY 0.0718[6] - The company's revenue for Q1 2017 was ¥160,997,237.73, representing a 50.08% increase compared to ¥107,276,003.30 in the same period last year[13] - Net profit for Q1 2017 was CNY 14,966,333.88, a decrease of 20.4% from CNY 18,897,901.86 in Q1 2016[29] - Earnings per share for Q1 2017 was CNY 0.0718, down from CNY 0.0945 in the same quarter last year[30] - The total comprehensive income for Q1 2017 was CNY 14,966,333.88, compared to CNY 18,897,974.84 in the same period last year[33] Cash Flow - Net cash flow from operating activities dropped by 78.28% to CNY 11,765,930.61 year-on-year[6] - The net cash flow from operating activities decreased by 78.28% to ¥11,765,930.61 from ¥54,182,460.14, primarily due to increased payments to suppliers[14] - Cash flow from operating activities for Q1 2017 was CNY 177,836,697.13, an increase from CNY 117,255,117.25 in Q1 2016[36] - Net cash flow from operating activities was CNY 15,146,072.88, a decrease of 72.1% compared to CNY 54,227,529.12 in the prior period[40] - Cash flow from investment activities generated a net inflow of CNY 332,844,610.38, compared to a net outflow of CNY -103,121,879.36 in the previous period[41] - Cash flow from financing activities resulted in a net inflow of CNY 21,070,600.00, compared to CNY 2,704,205.00 in the prior period, marking a significant increase[41] Assets and Liabilities - Total assets increased by 2.84% to CNY 1,595,094,862.01 compared to the end of the previous year[6] - Current assets totaled CNY 974,467,835.26, up from CNY 941,146,638.26, indicating an increase of about 3.43%[20] - Total liabilities increased to CNY 470,746,200.03 from CNY 442,011,272.17, showing a growth of about 6.5%[22] - Current liabilities totaled CNY 445,730,264.72, up from CNY 416,249,979.10, indicating an increase of approximately 7.1%[22] - The company's equity increased to CNY 1,124,348,661.98 from CNY 1,109,023,625.74, representing a growth of approximately 1.4%[22] Shareholder Information - The number of shareholders reached 24,689 at the end of the reporting period[9] - The largest shareholder, Huzhou New Home Investment Management Co., Ltd., holds 32.72% of shares[9] Operational Costs - Operating costs increased by 55.37% to ¥127,490,179.62 from ¥82,053,814.90, primarily due to increased sales volume[13] - Sales expenses rose by 103.51% to ¥2,641,838.54, attributed to higher salaries and business expenses in the sales department[13] - Management expenses increased by 47.20% to ¥15,487,362.33, mainly due to higher R&D costs[13] Investment and Financing Activities - The net cash flow from investing activities was ¥327,492,161.03, a significant recovery from a negative ¥103,121,879.36 in the previous year, due to increased recoveries from financial products[14] - The company plans to raise up to ¥1,000,680,000 through a non-public offering of A-shares to fund various production projects[16] - The company approved a stock incentive plan, granting 1.61 million restricted shares to 271 incentive targets[15]