NAURA(SZ:002371)2017-04-21 16:00Financial Performance - The company's operating revenue for Q1 2017 was ¥414,526,271, representing a 59.71% increase compared to ¥259,542,399.73 in the same period last year[7]. - The net profit attributable to shareholders was ¥1,603,982.59, a significant increase of 126.53% from a loss of ¥6,047,001.51 in the previous year[7]. - Basic and diluted earnings per share rose to ¥0.0035, up 122.88% from ¥-0.0153 in the previous year[7]. - The company expects net profit attributable to shareholders for the first half of 2017 to be between RMB 48.78 million and RMB 56.91 million, reflecting a year-on-year growth of 20.00% to 40.00%[18]. - The company anticipates that the increase in sales revenue will contribute to the expected growth in net profit for the first half of 2017[18]. Cash Flow and Financial Position - The net cash flow from operating activities improved to -¥5,015,637.63, a 95.16% increase compared to -¥103,557,705.90 in the same period last year[7]. - The company reported a significant increase in cash received from sales, totaling RMB 458,290,265.59, which is a 68.42% increase compared to RMB 272,113,513.27 in the previous year[16]. - Cash received from the disposal of fixed assets increased by 104.82% to CNY 1,433.76 in Q1 2017 compared to CNY 700.00 in the same period last year[19]. - Cash paid for the acquisition of fixed assets and other long-term assets rose by 70.68% to CNY 35,018,649.94 in Q1 2017 from CNY 20,517,342.03 in the previous year[19]. - Cash received from borrowings decreased by 33.63% to CNY 115,110,000.00 in Q1 2017 compared to CNY 173,446,176.10 in the same period last year[19]. - The impact of exchange rate changes on cash and cash equivalents improved by 90.37%, with a loss of CNY 5,990.78 in Q1 2017 compared to a loss of CNY 62,235.06 in the previous year[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,777,489,002.60, reflecting a 3.62% increase from the previous year's end[7]. - The net assets attributable to shareholders were ¥3,193,811,354.62, showing a slight increase of 0.06% from the previous year[7]. - Short-term borrowings decreased by 36.20% to RMB 279,083,662.59, as the company repaid short-term loans during the period[16]. - Accounts payable rose by 30.29% to RMB 778,403,572.43, attributed to increased sales orders resulting in higher procurement on credit[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,559[11]. - The largest shareholder, Beijing Qixing Huadian Technology Group Co., Ltd., held 38.90% of the shares, totaling 178,175,721 shares[11]. Non-Operating Income and Expenses - The company reported non-operating income of ¥109,462,000.47, primarily from government subsidies and asset disposals[8]. - The company's financial expenses increased by 53.40% to RMB 7,106,880.60, mainly due to higher discount interest expenses on notes[16]. Business Operations - The main business revenue from electronic process equipment was RMB 283,058,506.54, showing an 81.12% year-on-year growth, while the revenue from electronic components was RMB 129,016,746.19, up 28.41% year-on-year[16]. - The company's prepayments increased by 77.21% to RMB 174,266,970.09, primarily due to an increase in sales orders leading to higher material procurement[16]. - Other receivables surged by 686.23% to RMB 161,420,081.11, mainly due to an increase in government subsidies receivable[16]. Corporate Governance - The company did not report any changes in accounting policies or corrections of accounting errors during the reporting period[7]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[20]. - The company conducted multiple communications regarding its industry and business with both individuals and institutions throughout Q1 2017[21].