STHC(SZ:000045)2017-04-28 16:00Financial Performance - The company's operating revenue for Q1 2017 was ¥272,392,669.11, representing a 3.84% increase compared to ¥262,310,373.65 in the same period last year[8] - Net profit attributable to shareholders was ¥4,302,137.37, a significant turnaround from a loss of ¥10,246,461.60, marking a 141.99% improvement[8] - Basic earnings per share increased to ¥0.0085 from -¥0.020, reflecting a 142.50% improvement[8] - Total operating revenue for Q1 2017 was CNY 272,392,669.11, an increase of 3.9% compared to CNY 262,310,373.65 in the same period last year[37] - Net profit for Q1 2017 was CNY 1,087,685.32, a significant recovery from a net loss of CNY 10,246,461.60 in Q1 2016[39] - The total comprehensive income for the first quarter was CNY 8,926,427.22, an increase from CNY 7,356,815.46 year-over-year[43] - The total profit for the first quarter was CNY 12,007,281.50, a decrease of 3.3% from CNY 12,420,650.05 in the previous year[42] Cash Flow - The net cash flow from operating activities was -¥185,774,958.96, which is a 686.01% decline compared to -¥23,635,239.84 in the previous year[8] - Net cash flow from operating activities decreased by CNY 185.78 million, a reduction of 686.01%, mainly due to increased prepayments in trade activities[16] - The operating cash flow net amount was -CNY 185,774,958.96, worsening from -CNY 23,635,239.84 in the previous year[46] - The cash flow from investment activities was -CNY 14,243,098.27, compared to -CNY 66,196,646.21 in the previous year, indicating a reduced outflow[46] - Investment activities generated a net cash flow of -68,792,423.68 CNY in Q1 2017, compared to a positive cash flow of 4,982,063.62 CNY in the same period last year[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,137,910,846.36, a slight increase of 0.44% from ¥4,119,586,266.47 at the end of the previous year[8] - The company's total assets as of the end of Q1 2017 amounted to CNY 2,730,048,855.18, compared to CNY 2,720,128,377.41 at the beginning of the year[35] - The company's total liabilities as of the end of Q1 2017 were CNY 133,931,236.77, slightly up from CNY 132,937,186.22[35] - Cash and cash equivalents decreased to CNY 380,775,729.32 from CNY 440,685,610.11 at the beginning of the year[33] - Cash and cash equivalents at the end of the period totaled CNY 734,881,908.48, down from CNY 637,332,622.17 in the previous year[47] Shareholder Information - The total number of shareholders at the end of the reporting period was 43,531, with the largest shareholder holding 46.21% of the shares[12] - The company did not engage in any repurchase transactions among the top shareholders during the reporting period[13] Investment and Projects - Cumulative investment in the second phase of the polarizer project reached CNY 391.35 million, accounting for 55.88% of the revised total investment of CNY 700.34 million[18] - The second phase of the TFT-LCD polarizer project has completed procurement bidding for secondary distribution engineering and is currently installing main equipment[18] - The company has completed the industrial and commercial registration procedures for the capital increase and share expansion of its subsidiary, Shengbo Optoelectronics[17] Other Financial Metrics - Non-recurring gains and losses amounted to ¥6,587,902.98, primarily driven by government subsidies and investment income[10] - The company reported a weighted average return on equity of 0.13%, an increase of 0.60% from -0.47% in the previous year[8] - Total operating costs for Q1 2017 were CNY 280,214,579.88, up from CNY 270,805,851.81 in the previous year[38] - The company incurred financial expenses of -CNY 2,994,195.81, a significant improvement from -CNY 4,844,617.14 in the same period last year[42] - The company paid CNY 23,364,848.38 in various taxes, an increase from CNY 8,357,518.72 in the previous year[46] - The first quarter report was not audited, indicating potential limitations in the reliability of the financial data presented[52]