Financial Performance - Operating revenue surged by 117.96% to CNY 101,371,394.21 from CNY 46,508,587.52 in the same period last year[10] - Net profit attributable to shareholders rose by 334.02% to CNY 8,852,735.44, up from CNY 2,039,693.61 year-on-year[6] - Basic and diluted earnings per share improved by 300% to CNY 0.04 from CNY 0.01[6] - Net profit for Q1 2017 was ¥8,852,735.44, compared to a net profit of ¥2,039,693.61 in Q1 2016, representing a 334.5% increase[21] - The gross profit margin for Q1 2017 was approximately 10.5%, compared to a negative margin in Q1 2016[21] Assets and Liabilities - Total assets increased by 1.51% to CNY 1,872,836,012.29 compared to the end of the previous year[6] - Total current assets as of March 31, 2017, amounted to CNY 1,755,380,061.65, up from CNY 1,726,986,714.24 at the beginning of the year[13] - Total liabilities increased to CNY 988,688,013.88 from CNY 969,634,324.88[15] - Current liabilities totaled ¥799,619,095.10 in Q1 2017, an increase of 26% from ¥635,078,070.04 in Q1 2016[19] - The company's total equity decreased to ¥810,526,556.74 in Q1 2017 from ¥812,457,044.47 in the same period last year[19] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -160,809,983.74, a decline of 178.19% compared to the previous year[6] - Operating cash inflow for Q1 2017 totaled 16,937,216.91 RMB, down 61.1% from 43,575,916.59 RMB in the previous year[26] - The net cash flow from operating activities was -160,809,983.74 RMB, worsening from -57,805,728.19 RMB year-over-year[26] - Investment activities generated a net cash flow of 179,804,299.80 RMB, a substantial increase compared to -485,104.50 RMB in the previous year[26] - The company reported a total cash outflow from financing activities of 205,365,895.81 RMB, compared to 6,039,652.74 RMB in the previous year[27] Inventory and Costs - Inventory increased by 42.09% to CNY 300,187,380.02 due to uncompleted project settlements[10] - Total operating costs for Q1 2017 were ¥90,968,098.25, up 77.5% from ¥51,179,065.37 in Q1 2016[21] - Cash paid for purchasing goods and accepting labor increased by 110.18% to CNY 110,450,806.34, driven by higher procurement costs for total package engineering projects[11] - Tax payments rose by 69.76% to CNY 25,338,768.94, reflecting an increase in taxes from the previous year[11] Shareholder Information - The number of shareholders reached 30,126 by the end of the reporting period[9] - The employee stock ownership plan acquired 1,096,668 shares at an average price of CNY 28.59, representing 0.49% of the company's total equity[11] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] - The company plans to focus on expanding its investment activities and improving cash flow management in the upcoming quarters[23]
百利科技(603959) - 2017 Q1 - 季度财报