SDHH(SZ:000822)2017-04-20 16:00Financial Performance - The company's operating revenue for Q1 2017 was CNY 1,103,200,759.98, representing an increase of 83.54% compared to CNY 601,074,035.53 in the same period last year[10] - The net profit attributable to shareholders for Q1 2017 reached CNY 275,698,753.59, a significant increase of 14,049.74% from CNY 1,948,436.36 in the previous year[10] - The net profit after deducting non-recurring gains and losses was CNY 274,762,018.57, up 482.79% from CNY 47,145,656.17 year-on-year[10] - The basic earnings per share for Q1 2017 was CNY 0.31, a dramatic increase of 13,990.91% compared to CNY 0.0022 in the same quarter last year[10] - Total profit surged by 10,397.38% to ¥276,175,698.61 due to increased sales volume and prices of main products[15] - The total profit for Q1 2017 was ¥275,798,018.58, a significant rise from ¥20,259,756.24 in the same quarter last year, showing an increase of 1265.5%[31] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,769,863,772.70, a slight increase of 0.38% from CNY 3,755,508,239.75 at the end of the previous year[10] - The company's total assets increased to CNY 3,851,556,443.33 from CNY 3,799,404,359.53, reflecting a growth of 1.4%[25] - Current liabilities decreased to CNY 843,348,759.72 from CNY 1,027,442,880.52, a reduction of 17.9%[26] - Non-current liabilities totaled CNY 389,548,258.37, down from CNY 429,076,190.03, indicating a decrease of 9.2%[26] - The company's equity attributable to shareholders rose to CNY 2,618,659,425.24 from CNY 2,342,885,288.98, an increase of 11.8%[26] Cash Flow - The company reported a net cash flow from operating activities of CNY -9,645,012.43, an improvement of 84.21% compared to CNY -61,068,306.63 in the same period last year[10] - Cash flow from operating activities was ¥557,822,722.42, compared to ¥320,852,710.32 in the previous year, representing an increase of 74%[32] - The net cash flow from operating activities for the first quarter was -9,645,012.43 CNY, an improvement from -61,068,306.63 CNY in the same period last year[33] - Total cash inflow from operating activities was 570,101,458.12 CNY, compared to 334,877,073.64 CNY in the previous year, indicating a year-over-year increase of approximately 70.3%[33] - The net cash flow from investment activities was -12,928,693.21 CNY, a decline from 6,772,633.27 CNY in the previous year[33] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 62,021[12] - The largest shareholder, Shandong Haohua Group Co., Ltd., held 40.34% of the shares, amounting to 361,048,878 shares[12] Inventory and Receivables - Accounts receivable increased by 180.36% to ¥290,248,649.14 due to higher sales on credit[15] - Inventory increased by 40.41% to ¥364,078,058.03 as a result of higher product stock levels[15] - Accounts receivable rose significantly to CNY 241,497,438.95 from CNY 62,432,363.38, reflecting a growth of 286.5%[25] - Inventory levels increased to CNY 343,512,139.59 from CNY 228,860,896.79, marking a rise of 50.0%[25] Expenses - Total operating costs amounted to CNY 828,305,526.30, up 49.2% from CNY 555,237,867.67 year-over-year[28] - Financial expenses decreased by 67.42% to ¥1,067,326.99 due to reduced financing scale[15] - The company's financial expenses decreased to ¥261,774.89 from ¥2,498,796.35, indicating a reduction of approximately 89.5%[31] - The company's sales expenses increased to ¥33,929,804.27 from ¥23,306,928.01, reflecting a rise of 45.5%[31] - The management expenses also rose to ¥27,166,853.21 from ¥21,941,600.80, an increase of 23.6%[31]