SFC(601595)2017-04-24 16:00Financial Performance - Net profit attributable to shareholders decreased by 26.88% to CNY 47,620,946.64 compared to the same period last year[7]. - Operating revenue declined by 7.90% to CNY 252,201,047.05 year-on-year[7]. - The total profit decreased by 31.79% to CNY 55,093,500.00, primarily due to declining box office revenues from mature cinemas[16]. - Basic earnings per share dropped by 43.48% to CNY 0.13[7]. - Net profit for Q1 2017 was ¥46,853,048.68, down 30% from ¥66,921,297.47 in Q1 2016[29]. - Operating profit for Q1 2017 was ¥52,170,520.81, down 33.4% from ¥78,382,236.38 in the same quarter last year[29]. - The total comprehensive income for Q1 2017 was ¥46,853,048.68, down from ¥66,921,297.47 in Q1 2016[30]. Assets and Liabilities - Total assets increased by 0.81% to CNY 2,772,684,296.85 compared to the end of the previous year[7]. - Total current assets decreased slightly from ¥1,838,346,539.25 to ¥1,819,381,074.59, with cash and cash equivalents increasing from ¥1,081,331,348.65 to ¥1,112,489,746.89[20]. - Total liabilities decreased from ¥773,785,718.82 to ¥749,163,615.48, a reduction of about 3.2%[22]. - The company's equity attributable to shareholders increased from ¥1,929,560,774.74 to ¥1,977,181,721.38, an increase of about 2.5%[22]. Cash Flow - Cash flow from operating activities decreased by 31.14% to CNY 75,827,051.49 compared to the previous year[7]. - Net cash flow from operating activities decreased to ¥75,827,051.49 from ¥110,116,706.76, a decline of about 30.9% compared to the previous period[37]. - Net cash flow from investing activities decreased by 136.37% to -¥4,560.96 million, attributed to an increase in the number of cinemas under construction and higher payments for construction and equipment[17]. - Cash inflow from investment activities totaled ¥406,512,361.28, significantly higher than ¥16,654,733.31 in the previous period[37]. - Cash outflow for investment activities increased to ¥452,121,955.87 from ¥35,950,428.30, resulting in a net cash flow from investment activities of -¥45,609,594.59[37]. - Net cash flow from financing activities increased by 102.14% to ¥94.32 million, as the previous period saw significant repayments of bank loans[17]. - The ending cash and cash equivalents balance increased to ¥1,112,489,746.89 from ¥624,034,432.47, reflecting a growth of approximately 78.2%[37]. Inventory and Receivables - The company reported a significant increase in other receivables by 198.76% to CNY 38,729,900.00 due to increased promotional expenses and ticket sales[14]. - The company experienced a 99.98% increase in inventory to CNY 12,854,400.00 due to expanded sales of film equipment[14]. - Accounts receivable decreased from ¥298,219,369.47 to ¥213,439,539.46, reflecting a reduction of approximately 28.5%[20]. - Inventory increased from ¥6,427,913.01 to ¥12,854,404.35, indicating a rise of approximately 100%[20]. Operating Costs and Expenses - Total operating costs increased to ¥204,686,598.96, up 1.7% from ¥201,341,174.66 year-over-year[29]. - The company's sales expenses increased by 38.73% to CNY 5,681,300.00 due to higher maintenance costs[16]. - Cash outflow for operating activities totaled ¥626,992,258.54, up from ¥543,171,310.99, indicating a rise of approximately 15.5%[37].