远方信息(300306) - 2016 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2016 was CNY 46,894,282.70, an increase of 10.77% compared to CNY 42,333,694.92 in the same period last year[7]. - Net profit attributable to shareholders was CNY 12,836,760.74, representing a growth of 33.43% from CNY 9,620,754.14 year-on-year[7]. - Net profit excluding non-recurring gains and losses was CNY 12,349,353.74, up 31.53% from CNY 9,389,062.44 in the previous year[7]. - Basic earnings per share increased by 25.00% to CNY 0.05 from CNY 0.04 in the previous year[7]. - The company achieved operating revenue of 46.89 million yuan, an increase of 10.77% compared to the same period last year[26]. - Net profit rose to 12.89 million yuan, reflecting a significant increase of 33.97% year-on-year due to higher operating income and improved cost control[26]. - The company reported a total revenue of 408.7984 million yuan for the first quarter of 2016[36]. - The net profit for Q1 2016 reached CNY 12,888,650.31, compared to CNY 9,620,754.14 in the same period last year, representing a growth of approximately 33.5%[56]. - The total comprehensive income for Q1 2016 was CNY 12,790,570.30, compared to CNY 9,641,307.81 in the previous year, showing an increase of approximately 32.2%[57]. Cash Flow - Operating cash flow for the period was CNY 1,797,095.82, a significant improvement of 119.27% compared to a negative cash flow of CNY -9,326,035.00 in the same period last year[7]. - Cash flow from operating activities increased by 119.27% year-on-year, primarily due to an increase in cash received related to operating activities and a decrease in cash paid for goods and services[25]. - The net cash flow from operating activities was 1,797,095.82 CNY, a significant improvement compared to a net outflow of 9,326,035.00 CNY in the previous period[64]. - The total cash inflow from investment activities was 34,645,364.38 CNY, while cash outflow was 16,905,010.63 CNY, resulting in a net cash inflow of 17,740,353.75 CNY[65]. - The cash flow from investment activities showed a net inflow of 25,962,594.42 CNY, a recovery from a net outflow of 16,158,180.23 CNY in the previous period[68]. Assets and Liabilities - Total assets increased to CNY 1,157,331,580.55 from CNY 1,154,794,222.75[50]. - Total liabilities decreased to CNY 65,562,150.86 from CNY 76,587,163.36[49]. - Total equity attributable to shareholders increased to CNY 1,090,627,701.25 from CNY 1,077,117,220.52[50]. - The company’s total current assets amounted to 820.37 million yuan, slightly down from 827.33 million yuan at the beginning of the period[47]. Investments and Acquisitions - The company is involved in significant asset restructuring, planning to acquire 100% of Zhejiang Weier Technology Co., Ltd. for a total consideration of CNY 306 million, with 30% paid in cash and 70% through share issuance[14]. - The company plans to acquire 100% equity of Zhejiang Weier Technology Co., Ltd. for a total consideration of 1.02 billion yuan, with 714 million yuan paid in shares and 306 million yuan in cash[36]. - The project for expanding the annual production of 1,500 sets of LED optoelectronic inspection equipment has achieved revenue of CNY 1.62 million this quarter, with an annual expected revenue of CNY 35.49 million[35]. Operational Highlights - The company maintained stable growth in its business operations, with rapid development in online detection equipment, mobile spectrometers, color detection equipment, and calibration services[26]. - The company has no significant reliance on any single supplier, with changes observed among the top five suppliers during the reporting period[28]. - The company’s core technology team and key technical personnel did not experience significant changes during the reporting period[28]. Government Support and Subsidies - The company received government subsidies amounting to CNY 3,335,268.72 related to its software business, which is in line with national policies[9]. Shareholder Information - As of the end of the reporting period, the total number of shareholders was 10,128, with the largest shareholder holding 33.36% of the shares[17]. Financial Management - The financial expenses for Q1 2016 were reported as CNY -4,680,623.00, a decrease from CNY -5,808,309.59 in the previous period, indicating improved financial management[60]. - Income tax expenses increased by 168.74% year-on-year, primarily due to an increase in the current income tax payable and a change in the tax rate applied[25].