东华软件(002065) - 2016 Q1 - 季度财报

Financial Performance - Revenue for Q1 2016 was CNY 1,052,992,013.47, an increase of 10.56% compared to CNY 952,411,162.10 in the same period last year[9] - Net profit attributable to shareholders was CNY 173,664,102.08, reflecting a growth of 4.22% from CNY 166,633,722.43 year-on-year[9] - The company expects net profit attributable to shareholders for the first half of 2016 to be between 40,918.65 and 53,194.25 thousand yuan, reflecting a growth of 0.00% to 30.00% compared to the same period in 2015[31] Cash Flow - Net cash flow from operating activities decreased by 32.01%, amounting to CNY -634,216,384.10 compared to CNY -480,421,080.87 in the previous year[9] - Cash and cash equivalents decreased by 60.34% compared to the end of the previous year, primarily due to increased inventory purchases and bank acceptance bills[16] - Sales of goods and services received cash increased by 62.8% compared to the same period last year, indicating improved cash collection[25] - Tax refunds received decreased by 77.83% compared to the same period last year, primarily due to a reduction in VAT refund income[26] - Cash received from other operating activities increased by 671.40% year-on-year, mainly due to increased short-term loans to Beijing Donghua Chengxin Industrial Equipment Co., Ltd[26] - Cash paid for purchasing goods and accepting services increased by 78.56% year-on-year, attributed to higher payment for contracted projects[27] - Cash paid to employees and for employee benefits increased by 33.88% year-on-year, reflecting higher compensation expenses[28] - Total cash outflow from operating activities increased by 63.27%, while net cash flow from operating activities increased by 32.01%[28] - Cash paid for dividends, profits, or interest increased by 3748.57% year-on-year, resulting in a 70.17% decrease in net cash flow from financing activities[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,305,091,317.99, up 1.33% from CNY 11,156,713,729.02 at the end of the previous year[9] - The number of ordinary shareholders at the end of the reporting period was 75,229[12] - Prepaid accounts increased by 92.66%, attributed to new company setups or acquisitions and increased procurement[17] - Other payables increased by 162.58%, mainly due to increased temporary loans to Beijing Donghua Industrial Equipment Co., Ltd.[21] - Financial expenses increased by 274.35% year-on-year, primarily due to increased borrowing interest[22] Investment Activities - Cash paid for acquiring fixed assets, intangible assets, and other long-term assets decreased by 86.03%, leading to an 86.59% reduction in net cash flow from investing activities[28] - Cash received from borrowings increased by 239.35% year-on-year, primarily due to increased short-term bank loans[28] Business Expansion - The company is actively expanding into new business areas, including cloud computing, big data, and smart city sectors, with steady growth in orders[31]