兴森科技(002436) - 2017 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2017 was ¥781,765,613.10, representing a 30.53% increase compared to ¥598,937,218.75 in the same period last year[6]. - Net profit attributable to shareholders was ¥36,896,490.85, an increase of 89.61% from ¥19,458,636.94 year-on-year[6]. - The operating profit for Q1 2017 reached RMB 55.79 million, representing a significant increase of 117.72% year-on-year[17]. - The company expects net profit attributable to shareholders for the first half of 2017 to be between RMB 10,457.7 million and RMB 11,852.06 million, representing a growth of 50.00% to 70.00% compared to RMB 6,971.8 million in the same period of 2016[24]. Cash Flow and Assets - The net cash flow from operating activities improved to ¥15,524,742.30, a significant recovery from a negative cash flow of -¥38,829,168.07 in the previous year, marking a 40.81% increase[6]. - Cash received from sales of goods and services increased by RMB 194.58 million, a growth of 38.42% compared to the same period last year[20]. - The company's cash and cash equivalents decreased by RMB 210.82 million, a decline of 37.94% from the end of 2016[16]. - Total assets at the end of the reporting period were ¥4,148,236,154.09, a decrease of 2.41% from ¥4,250,727,254.95 at the end of the previous year[6]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 92,189[10]. - The net assets attributable to shareholders increased by 1.65% to ¥2,384,472,356.35 from ¥2,345,788,449.16[6]. Operational Metrics - The company's operating revenue for Q1 2017 increased by RMB 182.83 million, a growth rate of 30.53% compared to Q1 2016[17]. - The company's operating costs rose by RMB 126.78 million, an increase of 30.27% compared to Q1 2016, primarily due to the growth in revenue[17]. - The company reported a significant increase in tax and additional charges by RMB 3.13 million, a rise of 113.68% year-on-year[18]. Employee Compensation - Long-term employee compensation payable increased by ¥4,176,000, a 34.16% rise attributed to the stock incentive plan of the subsidiary Fineline Group[14]. Investment and Returns - The weighted average return on net assets rose to 1.49%, up from 0.79% in the previous year, reflecting a 0.70% increase[6]. - The investment income for Q1 2017 increased by RMB 1.04 million, a growth of 223.28% year-on-year[17]. Accounts Receivable - The company reported an increase in accounts receivable notes by ¥71,021,400, representing an 88.39% increase due to the establishment of a note pool with banks[14]. Subsidiary Performance - The company’s subsidiary, Yixing Silicon Valley Electronics, achieved further production increases and profitability in Q1 2017[25].