GTIG(SZ:002091)2016-04-28 16:00Financial Performance - The company's operating revenue for Q1 2016 was ¥1,648,854,868.66, representing a 43.87% increase compared to ¥1,146,070,866.12 in the same period last year[8]. - Net profit attributable to shareholders was ¥54,356,751.96, up 35.53% from ¥40,108,238.36 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥53,058,353.03, reflecting a 37.52% increase from ¥38,581,416.10 in the previous year[8]. - The basic earnings per share increased to ¥0.15, a rise of 36.36% compared to ¥0.11 in the same period last year[8]. - Operating revenue increased by 502.78 million yuan, a growth of 43.87%, driven by the growth in export sales of the parent company[16]. - Net profit attributable to shareholders increased by 14.25 million yuan, a growth of 35.53%, with Huaron Chemical's sales increasing by 70.93% year-on-year[17]. - The net profit attributable to shareholders for the first half of 2016 is expected to be between 144.70 million and 168.82 million CNY, compared to 120.58 million CNY in the same period of 2015, indicating a growth of approximately 20% to 40%[25]. - The company attributes the performance increase to stable business growth[25]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥3,785,549,610.28, a 1.09% increase from ¥3,744,638,629.38 at the end of the previous year[8]. - The net assets attributable to shareholders increased by 4.08% to ¥1,807,411,605.66 from ¥1,736,483,518.08 at the end of the previous year[8]. - Accounts receivable increased by 11.67 million yuan, a growth of 34.50%, mainly due to increased use of notes by Huaron Chemical[16]. - Employee compensation payable decreased by 26.13 million yuan, a decline of 33.03%, mainly due to the distribution of year-end bonuses for 2015[16]. Cash Flow - The net cash flow from operating activities significantly decreased by 96.10% to ¥1,601,331.55 from ¥41,033,533.30 in the same period last year[8]. - Cash flow from operating activities decreased by 39.43 million yuan, primarily due to a greater increase in cash paid for goods than cash received from sales[18]. - Cash flow from investing activities decreased by 75.80 million yuan, mainly due to some financial products of Huaron Chemical not maturing[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,395[12]. - The largest shareholder, Jiangsu Guotai International Group Co., Ltd., held 30.17% of the shares, totaling 109,433,500 shares[12]. Expenses and Financial Adjustments - Financial expenses increased by 12.01 million yuan, a growth of 434.82%, mainly due to the impact of exchange rate adjustments[16]. - Sales expenses increased by 36.56 million yuan, a growth of 47.26%, due to increased sales and personnel costs[16]. - Investment income decreased by 1.84 million yuan, a decline of 84.34%, mainly due to reduced dividend income received by the parent company[17]. - Construction in progress increased by 8.93 million yuan, a growth of 68.50%, mainly due to increased engineering construction by Guotai Chaowei[16]. Corporate Governance - There are no violations regarding external guarantees during the reporting period[26]. - There are no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[27]. - The company has committed to avoiding competition with its controlling shareholder, Jiangsu Guotai International Group[24]. - The company has fulfilled its commitments regarding avoiding competition and other obligations[24]. - The company is not involved in any related party transactions that infringe on the rights of other shareholders[24]. - The company has not reported any financial assets measured at fair value during the reporting period[26]. - The company is expected to maintain a positive net profit without being in a turnaround situation for the first half of 2016[24]. Investor Relations - The company has conducted investor relations activities, including an on-site investigation on January 19, 2016[28].