SXN(SH:600661)2017-04-28 16:00Financial Performance - Operating revenue for the period was CNY 349,632,707.19, representing an increase of 20.98% year-on-year[7] - Net profit attributable to shareholders was CNY 16,053,217.67, up 15.96% from the same period last year[7] - Basic earnings per share increased to CNY 0.0620, reflecting a growth of 16.10% year-on-year[7] - Total operating revenue for Q1 2017 was CNY 349,632,707.19, an increase of 20.94% compared to CNY 288,999,240.28 in the previous period[36] - Net profit for Q1 2017 was CNY 8,424,914.29, a decrease of 40.06% from CNY 14,181,499.53 in the same period last year[37] - The net profit attributable to shareholders of the parent company was CNY 16,053,217.67, compared to CNY 13,844,343.43, representing an increase of 8.12%[37] - The company reported a total comprehensive income of CNY 4,073,624.14 for Q1 2017, contrasting with a loss of CNY 19,567,751.56 in the same period last year[37] Cash Flow - Net cash flow from operating activities was negative CNY 15,734,391.82, a decline of 141.52% compared to the previous year[7] - Cash flow from operating activities showed a net outflow of CNY 15,734,391.82, a significant decline from a net inflow of CNY 37,897,738.14 in the previous year[41] - The net cash flow from financing activities was -7,387,600.51 RMB, compared to -410,043.42 RMB in the previous period, indicating a significant increase in cash outflow[45] - The net cash flow from operating activities was -5,760,129.50 RMB, worsening from -2,967,832.35 RMB year-over-year[45] - Cash inflow from operating activities totaled 980,278.61 RMB, a decrease of 33.2% from 1,466,042.43 RMB in the previous period[45] - Cash outflow for investment activities was -55,582,317.36 RMB, compared to -12,193,244.19 RMB in the previous period, reflecting increased investment expenditures[45] - Cash inflow from financing activities was 24,050,000.00 RMB, down from 61,706,233.34 RMB in the previous period, indicating reduced borrowing[45] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,221,978,396.64, a decrease of 1.26% compared to the end of the previous year[7] - Current liabilities totaled CNY 1,204,314,316.32, slightly down from CNY 1,233,422,546.98, indicating a reduction of about 2.3%[26] - The total liabilities decreased to CNY 1,215,547,560.06 from CNY 1,244,685,093.36, indicating a reduction of approximately 2.3%[27] - The total equity attributable to shareholders increased to CNY 948,580,735.64 from CNY 936,878,808.12, representing a growth of about 1.8%[27] - The company reported a total non-current asset value of CNY 1,068,596,797.23, up from CNY 1,035,764,732.42, indicating an increase of approximately 3.2%[25] Shareholder Information - The total number of shareholders at the end of the reporting period was 19,274[12] - The largest shareholder, Shanghai Jiao Tong University Industry Investment Management (Group) Co., Ltd., held 23.84% of the shares[12] Expenses - Sales expenses increased by 47.07% to RMB 76.54 million, due to expanded educational training scale and increased marketing costs[17] - Management expenses rose by 77.79% to RMB 70.76 million, also linked to the expansion of educational training[17] - The company incurred 4,703,453.25 RMB in employee-related cash payments, an increase of 48.8% from 3,158,607.85 RMB in the previous period[45] Other Financial Metrics - The weighted average return on equity rose to 1.703%, an increase of 0.029 percentage points from the previous year[7] - Non-operating income included government subsidies amounting to CNY 3,536,119.87[8] - The company reported a total of CNY 1,974,013.68 in non-recurring gains and losses after tax adjustments[10] - Cash and cash equivalents increased by 49.49% from the beginning of the year, reaching RMB 839.21 million due to the maturity of bank wealth management products[16] - Accounts receivable rose by 38.06% to RMB 76.82 million, attributed to unsettled sales and service payments[16] - Other receivables increased by 43.61% to RMB 85.58 million, driven by higher deposits and advances[16] - Short-term borrowings decreased by 60% to RMB 20 million, reflecting repayments made during the period[16] Regulatory and Corporate Actions - The company has not yet received written approval from the China Securities Regulatory Commission for its non-public stock issuance application[19] - The company is in the process of revising its stock option incentive plan, pending approval from relevant government departments[20]