MASON(SZ:002654)2017-04-25 16:00Financial Performance - The company's operating revenue for Q1 2017 was CNY 466,919,192.30, representing a 147.58% increase compared to CNY 188,597,003.03 in the same period last year[7] - The net profit attributable to shareholders for Q1 2017 was CNY 26,365,685.39, a significant increase of 217.84% from CNY 8,295,345.98 in the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 21,837,033.19, up 196.97% from CNY 7,353,369.53 year-on-year[7] - The basic earnings per share for Q1 2017 was CNY 0.0322, an increase of 182.46% compared to CNY 0.0114 in the same period last year[7] - The company reported a significant increase in prepayments, up 160.61% to ¥59,249,058.21 from ¥22,734,448.72, driven by the consolidation of Wan Xiang Xin Dong and increased advance payments to suppliers[16] - The company reported a gross profit of CNY 25,546,401.48 for Q1 2017, compared to CNY 6,390,724.63 in Q1 2016, reflecting a growth of approximately 300%[45] - The estimated net profit attributable to shareholders for the first half of 2017 is expected to range from 82.35 million to 107.68 million RMB, representing a growth of 30% to 70% compared to 63.34 million RMB in the same period of 2016[27] Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,917,264,734.31, reflecting an 18.96% increase from CNY 3,293,017,060.97 at the end of the previous year[7] - The net assets attributable to shareholders at the end of the reporting period were CNY 2,522,000,051.66, a 16.11% increase from CNY 2,172,089,169.06 at the end of the previous year[7] - The total current assets reached 1.58 billion RMB, up from 1.47 billion RMB at the beginning of the year[36] - Total liabilities as of March 31, 2017, were 1.36 billion RMB, compared to 1.09 billion RMB at the beginning of the year[38] - The company's equity attributable to shareholders increased to 2.52 billion RMB from 2.17 billion RMB[39] - Total liabilities rose to CNY 707,670,295.44, compared to CNY 427,746,580.04 in the previous year, an increase of approximately 65.5%[42] Cash Flow - The net cash flow from operating activities for Q1 2017 was negative CNY 3,099,563.73, a decline of 129.57% compared to a positive CNY 10,483,119.91 in the same period last year[7] - Cash flow from operating activities showed a negative net amount of -¥3,099,563.73, a decline of 129.57% from ¥10,483,119.91, mainly due to increased payments to suppliers[21] - The cash flow from operating activities was not detailed in the provided documents, indicating a focus on investment and financing activities[57] - The company experienced a decrease in cash and cash equivalents by 61,423,871.53 CNY during the quarter[57] Investments and Acquisitions - The company completed the acquisition of 100% equity in Beijing Wan Xiang Xin Dong Mobile Technology Co., Ltd., with the asset transfer completed on January 16, 2017[22] - The company's long-term payables increased by 81.87% to ¥124,400,000.00 from ¥68,400,000.00, reflecting the need to pay for the acquisition of Wan Xiang Xin Dong[16] - The company incurred cash payments of 90,000,000.00 CNY related to other investment activities[57] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 49,664[11] - The company plans to distribute a cash dividend of ¥0.4 per 10 shares based on the total share capital of 827,787,010 shares[24] - The first phase of the employee stock ownership plan raised a total of ¥20 million, with 13,920,016 shares purchased at an average price of ¥11.85 per share[23] Compliance and Governance - The company reported no overdue commitments from controlling shareholders or related parties during the reporting period[26] - There were no violations regarding external guarantees during the reporting period[29] - The report for the first quarter was not audited, which may affect the reliability of the financial data presented[59]