2017-04-27 16:00Financial Performance - The company's operating revenue for Q1 2017 was ¥2,126,032,700.53, representing a 21.80% increase compared to ¥1,745,574,028.94 in the same period last year[8] - Net profit attributable to shareholders was ¥275,011,096.84, up 19.51% from ¥230,111,893.82 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥238,343,079.15, reflecting a 25.90% increase from ¥189,314,722.20 in the previous year[8] - Basic earnings per share were ¥0.66, a 10.00% increase from ¥0.60 in the previous year[8] - The company reported a total comprehensive income of RMB 298,698,041.42 for Q1 2017, compared to RMB 242,995,738.94 in the same period last year, reflecting a growth of 22.9%[42] Cash Flow - The net cash flow from operating activities reached ¥257,702,732.97, an increase of 86.36% compared to ¥138,284,023.02 in the same period last year[8] - Operating cash flow rose by 86.36% to ¥257,702,732.97, mainly driven by increased sales collections[20] - The cash flow from operating activities generated a net amount of approximately CNY 257.70 million, up from CNY 138.28 million in the previous period, reflecting a growth of 86.3%[47] - The cash inflow from financing activities totaled CNY 364,544,224.11, an increase from CNY 196,980,296.25 year-over-year[51] - The net cash flow from financing activities was CNY 183,401,995.86, compared to a negative cash flow of CNY 54,020,536.43 in the previous year[51] Assets and Liabilities - Total assets at the end of the reporting period were ¥11,334,271,240.83, up 7.65% from ¥10,529,262,952.41 at the end of the previous year[8] - The total liabilities increased to RMB 3,939,147,331.57 from RMB 3,423,624,448.86, representing an increase of about 15%[36] - The company's total assets as of March 31, 2017, amounted to RMB 8,493,820,740.49, compared to RMB 8,135,766,290.75 at the end of 2016, indicating a growth of 4.4%[38] - The total current liabilities increased to RMB 3,829,545,837.47 from RMB 3,310,641,174.79, marking an increase of around 15.7%[36] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,482, with 15,476 being A-share shareholders[13] - The top shareholder, Hong Kong Central Clearing (Agent), held 34.21% of the shares, totaling 145,587,970 shares[13] - The company completed the repurchase and cancellation of 133,274 restricted shares, accounting for 0.03% of the total share capital before cancellation, with a repurchase price of RMB 18.81 per share[22] Investments and Expenses - Management expenses increased by 35.38% to ¥186,474,005.86, mainly due to higher R&D investments[18] - The company incurred sales expenses of approximately CNY 534.15 million, up from CNY 462.71 million in the previous period, indicating a rise of 15.5%[45] - The investment income for the current period is approximately CNY 25.05 million, down from CNY 31.81 million in the previous period, reflecting a decrease of 21.3%[45] Inventory and Receivables - Accounts receivable rose by 47.97% to ¥759,050,168.39, reflecting increased sales and higher payments settled via notes[17] - The company's inventory rose to RMB 1,126,068,974.22 from RMB 1,099,199,376.02, showing an increase of about 2.45%[33] - The inventory decreased to RMB 308,324,672.27 as of March 31, 2017, from RMB 544,807,287.12 at the end of 2016, a decline of 43.4%[38] Capital Changes - The registered capital was reduced from RMB 396,889,547 to RMB 396,631,923 following the completion of the capital change registration[22] - The registered capital was changed to RMB 425,730,126 after the completion of the capital change registration[23] Other Financial Metrics - The company reported a weighted average return on equity of 4.14%, down 1.02 percentage points from 5.16% in the previous year[8] - The company recorded a 1,075.06% increase in fair value changes to ¥1,248,575.43, mainly due to fluctuations in the market value of held stocks[19] - The company has no reported derivative investments during the reporting period, indicating a conservative investment strategy[27] Audit Status - The report for the first quarter was not audited[53]