GRKJ(SZ:300600)2017-04-25 16:00Financial Performance - Total revenue for Q1 2017 was CNY 107,510,626.96, representing a 27.54% increase compared to CNY 84,292,357.46 in the same period last year[7] - Net profit attributable to shareholders was CNY 29,092,272.69, up 30.52% from CNY 22,290,055.58 year-on-year[7] - The total profit reached 29.09 million RMB, reflecting a growth of 30.52% year-on-year[19] - Net profit attributable to shareholders was 28.47 million RMB, up by 28.63% compared to the previous year[19] - The net profit for the first quarter of 2017 was CNY 29,024,672.27, an increase of 28.8% compared to CNY 22,517,550.61 in the same period last year[42] - The total operating profit for the first quarter was CNY 33,444,546.18, up from CNY 26,308,944.46, reflecting a growth of 27.5% year-over-year[42] Cash Flow - Net cash flow from operating activities improved to -CNY 11,129,469.00, a 61.03% reduction in losses compared to -CNY 28,557,593.16 in the previous year[7] - The net cash flow from investment activities was -33,025,656.92 CNY, compared to -22,006,280.44 CNY in the previous period, indicating a decrease of approximately 50.0%[50] - The net cash flow from financing activities was 305,194,000.00 CNY, showing a significant increase compared to the cash outflow of 8,056,000.00 CNY[50] - The company reported cash inflow from operating activities totaling CNY 75,470,601.56, slightly down from CNY 76,417,626.62 in the prior year[44] - The company reported a total operating cash outflow of CNY 86,600,070.56, down from CNY 104,975,219.78 in the previous year[46] - The company raised CNY 313,250,000.00 through financing activities, indicating strong capital inflow[46] Assets and Liabilities - Total assets increased by 46.29% to CNY 1,036,903,849.82 from CNY 708,824,383.10 at the end of the previous year[7] - Total liabilities decreased to CNY 183,620,449.67 from CNY 191,880,802.86, reflecting improved financial health[31] - The company's total assets as of the end of Q1 2017 amounted to CNY 1,036,564,310.12, compared to CNY 709,087,081.08 at the beginning of the year, reflecting a growth of 46.0%[34] - Current assets increased to CNY 737,591,744.16, up 70.8% from CNY 432,033,194.73 at the start of the year[33] - The company's equity attributable to shareholders rose to CNY 852,628,579.40, up 64.8% from CNY 516,356,359.91 at the beginning of the year[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,862[12] - Basic earnings per share decreased by 3.33% to CNY 0.29 from CNY 0.30 in the same period last year[7] - Basic and diluted earnings per share for Q1 2017 were both CNY 0.29, compared to CNY 0.30 in the same period last year[39] Investment and Projects - The total amount of raised funds is CNY 30,510 million, with CNY 193.31 million invested in the current quarter[23] - Cumulative investment from raised funds reached CNY 18,533.36 million, with a cumulative change in usage amounting to CNY 0[23] - The ship electrical equipment expansion project has a total commitment of CNY 23,370 million, with 73.06% of the investment completed by June 2, 2015[23] - The R&D center construction project has a total commitment of CNY 4,140 million, with only 31.26% of the investment completed[23] Risks and Strategic Focus - The company faces risks from economic cycles, particularly in the shipbuilding and marine engineering sectors, which are currently under pressure[10] - The company is focusing on innovation and industry upgrades to enhance competitiveness and sustainable development[10] - A core technology team has been established to address potential technology and product substitution risks[10] Miscellaneous - The company did not experience any significant changes in its core technology team or major risks affecting operations during the reporting period[20] - The first quarter report was not audited, which may affect the reliability of the financial data presented[51] - The company's legal representative is Gong Ruiliang, indicating continuity in leadership during this reporting period[52]