*ST西发(000752) - 2017 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2017 was CNY 93,399,917.30, a decrease of 3.74% compared to CNY 97,033,533.30 in the same period last year[8] - Net profit attributable to shareholders was CNY 3,645,906.41, down 0.89% from CNY 3,678,728.36 year-on-year[8] Cash Flow and Assets - Net cash flow from operating activities increased by 50.44% to CNY 37,529,871.80, compared to CNY 24,947,479.79 in the previous year[8] - Total assets at the end of the reporting period were CNY 1,437,366,168.54, reflecting a 2.59% increase from CNY 1,401,078,354.10 at the end of the previous year[8] Investments and Financial Activities - Long-term equity investments grew by 50.55% due to participation in an investment project[15] - Cash outflow from investment activities surged by 7550.37% due to cash payments for investments[15] - Cash inflow from financing activities increased by 24.88%, mainly from increased borrowings[15] Liabilities and Shareholder Information - Accounts payable increased by 119.25%, primarily due to higher material costs[15] - Prepayments rose by 286.31%, attributed to increased advance payments for goods[15] - The company had a total of 45,338 common shareholders at the end of the reporting period[10] Corporate Actions and Legal Matters - The company has completed the capital contribution of 30 million yuan to Suzhou Huaxin Shandali Investment Partnership during the reporting period[16] - The company announced the resolution to waive the preferential purchase rights for the equity transfer of its subsidiary, Tibet Lhasa Beer Co., Ltd. at the first extraordinary general meeting of shareholders in 2017[16] - The company reached a settlement in a civil dispute related to securities, with the plaintiff withdrawing the lawsuit, which will not have a significant impact on the company's current or future profits[16]