Financial Performance - The company's operating revenue for 2017 was CNY 75,310,820, representing a year-on-year increase of 34.65% compared to CNY 55,931,901 in 2016[23]. - The total profit for 2017 reached CNY 21,228,756, an increase of 82.17% from CNY 11,653,206 in 2016[23]. - The net profit attributable to shareholders was CNY 15,854,670, up 85.87% from CNY 8,529,917 in 2016[23]. - The company's total assets as of December 31, 2017, were CNY 122,142,585, an increase of 11.53% from CNY 109,514,121 in 2016[25]. - The net cash flow from operating activities for 2017 was CNY 17,363,027, reflecting a 31.57% increase from CNY 13,196,752 in 2016[24]. - The company reported a basic earnings per share of CNY 2.99 for 2017, an increase of 85.87% compared to CNY 1.61 in 2016[24]. - The group's main business revenue reached CNY 73.59 billion, an increase of 34.22% compared to the previous year[80]. - Operating profit rose by 91.64% to CNY 20.83 billion, while total profit increased by 82.17% to CNY 21.23 billion[83]. - Net profit attributable to shareholders was CNY 15.85 billion, reflecting an 85.87% year-on-year growth[80]. Dividend Policy - The company plans to distribute a cash dividend of RMB 1.2 per share (including tax) for the year 2017[6]. - The company’s cash dividend policy mandates that at least 10% of the distributable profit for the year should be distributed in cash[52]. - For the fiscal year 2017, the company proposed a final dividend of RMB 1.2 per share, amounting to RMB 635,916 million, subject to approval at the annual general meeting[55]. - The cash dividend payout ratio for 2017 is projected to be 40.11% of the net profit attributable to shareholders[54]. - The company distributed a cash dividend of RMB 0.5 per share, totaling RMB 264,965 million, based on a total share capital of 5,299,302,579 shares as of the end of 2016[53]. Risk Factors - The company faces potential risks in 2018, including policy risks, energy price fluctuations, and environmental regulatory risks[8]. - The company faces risks related to dependence on the construction industry, with fixed asset investment growth expected to decline, potentially impacting cement market demand[100]. - Coal and electricity costs account for approximately 60% of total production costs, and significant price increases could negatively affect profitability if not fully passed on to product prices[100]. Corporate Governance - The board of directors confirmed the financial report's authenticity, accuracy, and completeness[6]. - The company has a robust governance structure with independent non-executive directors providing oversight and strategic guidance[168]. - The company emphasizes the importance of financial risk management and performance evaluation mechanisms in its operations[168]. - The company has a strong focus on financial management and internal risk control, as indicated by the backgrounds of its board members and executives[169][170][171]. - The company has adhered to all provisions of the Corporate Governance Code and Corporate Governance Report as per the listing rules[200]. Environmental Initiatives - The company is advancing sustainable development initiatives, including a CO2 capture project expected to be operational in the first half of 2018[74]. - The company has completed SNCR flue gas denitrification upgrades and continues to invest in advanced denitrification technologies to meet increasing environmental standards[101]. - The company has implemented low nitrogen combustion and SNCR denitrification treatment across all production lines, with 20 lines having completed desulfurization upgrades[136]. - The company is investing in new technologies to further reduce emissions and enhance production processes, aiming for a 20% reduction in overall emissions by the next fiscal year[133]. - The company has outlined a strategic plan for mergers and acquisitions to bolster its market position and expand its operational footprint[133]. Market Strategy - The company plans to continue optimizing its domestic market layout while steadily advancing its international development strategy[37]. - The company is actively extending its upstream and downstream industrial chain, focusing on the development of aggregate projects and exploring entry into the ready-mixed concrete industry[37]. - The company plans to enhance its international development strategy in line with the "Belt and Road" initiative, focusing on projects in Indonesia, Cambodia, and Laos[98]. - The company has established over 500 market departments to enhance its marketing network and improve market control[37]. Shareholder Information - The total number of shares outstanding remains unchanged at 5,299,302,579 shares[140]. - The number of A-shares is 3,999,702,579, representing 75.48% of total shares[140]. - The number of H-shares is 1,299,600,000, representing 24.52% of total shares[140]. - The largest shareholder, Conch Group, holds 1,928,870,014 A-shares, accounting for 36.40% of total shares[142]. - As of December 31, 2017, the total number of registered shareholders was 76,040, with 106 being H-share holders[142]. Employee and Management Information - As of December 31, 2017, the total number of employees in the group is 42,915, including 26,685 production staff and 9,632 technical personnel[188]. - The total annual salary for the current executive directors and senior management amounts to approximately 6,000,000 RMB, with the highest individual salary being 1,446,557 RMB for the General Manager[184]. - The company has established a three-tier training management system to enhance the management capabilities of its staff and improve professional skills[189]. - The company has maintained liability insurance for directors and senior management to provide protection against legal actions[182]. Social Responsibility - The company donated 1,000 tons of cement valued at 435,000 RMB for local rural road and water conservancy facility construction as part of its social responsibility initiatives[128]. - The company actively participated in poverty alleviation activities, including donations and community service, as detailed in its 2017 Social Responsibility Report[129].

重要内容提示： 1、公司按照中国企业会计准则对2017年度经营业绩进行测算，预计2017年度 实现归属于上市公司股东的净利润与上年同期相比增加59.7亿元人民币～76.8亿 元人民币，同比增加70%～90%。 2、公司本次业绩预增主要是受益于水泥行业供给侧结构性改革的积极影响， 公司产品销价同比涨幅较大，营业收入同比大幅增长所致。 证券代码：600585 证券简称：海螺水泥 编号：临 2018-01 安徽海螺水泥股份有限公司 Anhui Conch Cement Company Limited 2017 年年度业绩预增公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、本期业绩预告情况 （一）业绩预告期间：2017年1月1日至2017年12月31日。 （二）业绩预告情况： 1、经本公司财务部门初步测算，预计2017年年度实现归属于上市公司股东的 净利润与上年同期（法定披露数据）相比将增加59.7亿元人民币～76.8亿元人民 币，同比增加70%～90%。 2、归属于上市公司股东的扣除非经常性损益的净利润与上年同期（法 ...

2017 年第三季度报告 公司代码：600585 公司简称：海螺水泥 安徽海螺水泥股份有限公司 2017 年第三季度报告 1 / 21 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 2017 年第三季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 3 / 21 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末 增减(%) 总资产 116,526,468,944 109,514,120,965 6.40 归属于上市公司股 东的净资产 83,404,674,172 76,608,921,127 8.87 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减(%) 经营活动产生的现 金流量净额 8,809,330,024 8,204,458,410 7.37 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减（%） 营业收入 50,038,625,9 ...

Financial Performance - Operating revenue for the first half of 2017 reached RMB 31.91 billion, a 33.10% increase from RMB 23.97 billion in the same period of 2016[19]. - Net profit attributable to shareholders surged by 100.21% to RMB 6.72 billion, up from RMB 3.35 billion year-on-year[19]. - Basic earnings per share doubled to RMB 1.27 from RMB 0.63 in the first half of 2016[19]. - The weighted average return on net assets rose by 3.79 percentage points to 8.46% compared to 4.67% in the previous year[19]. - Net cash flow from operating activities increased by 8.14% to RMB 5.05 billion, compared to RMB 4.67 billion in the first half of 2016[19]. - The company reported a net profit of RMB 5.12 billion after deducting non-recurring items, a 71.20% increase from RMB 2.99 billion in the same period last year[19]. - The diluted earnings per share also increased by 100.21% to RMB 1.27, reflecting strong financial performance[19]. - The company's total revenue for the first half of 2017 reached CNY 30,985,758, representing a year-on-year increase of 32.42%[40]. - The operating profit surged by 125.83% to CNY 8,960,541, while the net profit attributable to shareholders increased by 100.21% to CNY 6,716,723[40]. - The gross profit margin for the company's products improved to 32.97%, up by 2.26 percentage points year-on-year[43]. Assets and Liabilities - Total assets increased by 3.48% to RMB 113.32 billion as of June 30, 2017, compared to RMB 109.51 billion at the end of 2016[19]. - The total liabilities decreased by 1.36% to CNY 29,135,088 from CNY 29,536,289 at the end of 2016[22]. - The company's total equity increased to RMB 76.71 billion as of June 30, 2017, compared to RMB 73.69 billion at the end of 2016, reflecting a growth of 4.1%[147]. - The company's net assets as of June 30, 2017, were 87.42 billion RMB, with a debt-to-asset ratio of 27.26%[121]. - The total current assets of the group amounted to 37.061 billion yuan, with a current ratio of 1.87:1, an increase from 1.72:1 at the end of the previous year[51]. Market Expansion and Strategy - The company continues to focus on expanding its market presence and enhancing operational efficiency through strategic initiatives[19]. - The company is actively expanding its overseas projects, with significant progress in Indonesia, Cambodia, and Laos[32]. - The group plans to continue its international development strategy, focusing on market expansion in Indonesia and project construction in Laos, Myanmar, and Russia[60]. - The company aims to strengthen strategic cooperation with major industry players and actively pursue mergers and acquisitions to enhance its domestic market layout[60]. Environmental and Technological Initiatives - The company has implemented various energy-saving and environmental protection technologies, including the upgrade of SNCR denitrification technology[32]. - The company has committed to enhancing environmental management and reducing emissions, with 48 subsidiaries listed in the national key monitoring list for waste gas[92]. - The company has implemented a nitrogen oxide reduction technology that has been successfully applied across all production lines[92]. Shareholder Information - The company distributed a cash dividend of 0.50 yuan per share, totaling 2.65 billion yuan, based on a total share capital of 5,299,302,579 shares[72]. - The largest shareholder, Conch Group, holds 1,948,869,927 shares, accounting for 36.78% of the total shares[97]. - The company has a total of 5,299,302,579 shares outstanding, with 3,999,702,579 A-shares and 1,299,600,000 H-shares[97]. - The total number of shareholders at the end of the reporting period was 66,728, with H-share shareholders numbering 124[96]. Financial Management and Governance - The company strictly adhered to the debt repayment plan for its bonds, ensuring the protection of creditors' rights[121]. - The company has adopted a code of conduct for directors' securities transactions that meets or exceeds the standards set by the stock exchange[110]. - The company has complied with the relevant provisions of the corporate governance code during the reporting period[109]. - The financial statements comply with the accounting standards set by the Ministry of Finance of the People's Republic of China, ensuring transparency and accuracy in reporting[174]. Cash Flow and Investment Activities - Cash inflow from operating activities for the six months ended June 30, 2017, was CNY 40,817,308,127, an increase of 34.5% compared to CNY 30,326,826,400 for the same period in 2016[159]. - Net cash flow from investing activities for the six months ended June 30, 2017, was -CNY 1,265,268,120, a decrease from CNY 5,662,847,383 in 2016, reflecting a shift towards more cash outflows[161]. - The company received CNY 15,697,025,378 from investment recoveries during the six months ended June 30, 2017, compared to CNY 10,502,261,625 in 2016, marking a 49.5% increase[161]. Employee Information - The total number of employees at the end of the reporting period was 43,213, with a total compensation of approximately 2,019.14 million RMB[111]. - The company has implemented a multi-level training system to enhance management skills and employee professional capabilities[111].

证券代码：600585 证券简称：海螺水泥 编号：临 2017-16 经本公司财务部门初步测算，预计2017年上半年实现归属于上市公司股东的 净利润与上年同期相比，将增加90%到110%。 （三）本次所预计的业绩未经注册会计师审计。 安徽海螺水泥股份有限公司 Anhui Conch Cement Company Limited 关于公司 2017 年上半年业绩预增的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、本期业绩预告情况 （一）业绩预告期间 2017年1月1日至2017年6月30日。 （二）业绩预告情况 以上预告数据仅为初步核算数据，具体准确的财务数据以公司正式披露的 2017年半年度报告为准，敬请广大投资者注意投资风险。 特此公告。 安徽海螺水泥股份有限公司董事会 二○一七年七月二十五日 二、上年同期业绩情况 （一）归属于上市公司股东的净利润：3,354,918,405元。 （二）每股收益：0.63元。 三、本期业绩预增的主要原因 报告期内，本公司归属于上市公司股东的净利润同比大幅上升的主要原因是 产 ...

2017 年第一季度报告 公司代码：600585 公司简称：海螺水泥 安徽海螺水泥股份有限公司 2017 年第一季度报告 1 / 19 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 5 | | 四、 | 附录 | 8 | 2017 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 3 / 19 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度 末增减(%) 总资产 111,311,180,718 109,514,120,965 1.64 归属于上市公司股东的净资产 78,872,884,022 76,608,921,127 2.96 年初至报告期末 上年初至上年报告 期末 比上年同期增减(%) 经营活动产生的现金流量净额 2,198,942,725 1,732,925,121 26.89 年初至报告期末 上年初至上年报告 期末 比上年同期增减（%） 营业收入 13,638,977,156 10,607,192,914 28.58 归属于上市公司股东的净利润 2,153,21 ...

Financial Performance - The company's operating revenue for 2016 was CNY 55,931,901 thousand, representing a 9.72% increase from CNY 50,976,036 thousand in 2015[20]. - The net profit attributable to shareholders for 2016 was CNY 8,529,917 thousand, up 13.48% from CNY 7,516,385 thousand in 2015[20]. - The total assets increased to CNY 109,514,121 thousand in 2016, a 3.53% rise from CNY 105,781,392 thousand in 2015[21]. - The basic earnings per share for 2016 was CNY 1.61, reflecting a 13.48% increase compared to CNY 1.42 in 2015[20]. - The net cash flow from operating activities for 2016 was CNY 13,196,752 thousand, a 33.19% increase from CNY 9,908,174 thousand in 2015[21]. - The company reported a total liability of CNY 29,536,289 thousand in 2016, down from CNY 32,236,883 thousand in 2015[19]. - The comprehensive diluted return on equity was 11.13% in 2016, an increase of 0.47 percentage points from 10.66% in 2015[21]. - The gross profit margin for the company increased to 32.85%, up 4.76 percentage points from the previous year[81]. - The liquidity ratio improved to 1.72:1 from 1.28:1 year-on-year, primarily due to the repayment of short-term bonds[89]. Dividend Policy - The company plans to distribute a cash dividend of RMB 0.5 per share (including tax) for the 2016 fiscal year[4]. - The company's cash dividend policy mandates a minimum cash distribution of 10% of the distributable profit for the year, emphasizing stable and continuous profit distribution[50]. - The cash dividend distribution for the years 2014, 2015, and 2016 was 0.65 CNY, 0.43 CNY, and 0.5 CNY per share, representing 31.33%, 30.32%, and 31.06% of the attributable profit respectively[51]. Risk Management - The company has disclosed potential risks for 2017, including policy risks, energy price fluctuations, and environmental regulation risks[6]. - The company emphasizes the importance of investment risk awareness for investors regarding forward-looking statements[4]. - The company faces risks related to its dependence on the construction industry, particularly the potential impact of declining real estate investment growth and policy uncertainties on cement market demand and prices[104]. - Energy costs, primarily coal and electricity, account for approximately 60% of total production costs, and significant price increases could negatively affect profitability if not fully passed on to product prices[104]. Corporate Governance - The company has adhered to the corporate governance code and all relevant rules since its listing in 1997 and 2002[182]. - The current board of directors includes 10 members, with a mix of executive and independent non-executive directors[148]. - The company has maintained a director and senior management liability insurance to provide adequate protection against legal actions[164]. - The independent non-executive directors actively participated in board meetings and provided independent opinions on related transactions and guarantees[184]. - The audit committee proposed the reappointment of KPMG as the company's domestic and international auditors based on their satisfactory performance in the 2015 audit[200]. Market Expansion and Investments - The company is actively pursuing international expansion in line with China's "Belt and Road" initiative[33]. - The company plans to invest approximately 9 billion yuan in capital expenditures for 2017, primarily for project construction, technological upgrades, and acquisitions, with an expected increase in clinker capacity of about 3.6 million tons and cement capacity of approximately 23.6 million tons (excluding acquisitions)[101]. - The company achieved a 76.86% increase in sales revenue from overseas projects, particularly in Indonesia[73]. - The company has established strategic cooperation with major coal suppliers to reduce procurement costs and enhance energy efficiency[105]. Social Responsibility - The company actively participated in poverty alleviation efforts, including cash donations and support for local projects, reflecting its commitment to social responsibility[121]. Shareholder Information - The total number of registered shareholders as of December 31, 2016, was 72,610, with H-share shareholders numbering 138[127]. - The company's stock trading summary for 2016 showed a closing price of 16.96 RMB for A-shares and 21.1 HKD for H-shares at the end of the year[126]. - The top shareholder, Conch Group, held 1,948,869,927 shares, representing 36.78% of the total shares[129]. Employee Information - As of December 31, 2016, the group employed 44,859 people, including 28,441 production staff, 1,792 sales personnel, and 9,637 technical staff[174]. - The group reported pension expenses of 412.34 million yuan for the year ended December 31, 2016[178].

2016 年第三季度报告 公司代码：600585 公司简称：海螺水泥 安徽海螺水泥股份有限公司 2016 年第三季度报告 1 / 20 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 5 | | 四、 | 附录 | 8 | 2016 年第三季度报告 一、 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、 完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 公司全体董事出席董事会审议季度报告。 公司负责人高登榜、主管会计工作负责人吴斌及会计机构负责人（会计主管人员）刘 剡保证季度报告中财务报表的真实、准确、完整。 本公司第三季度报告未经审计。 二、 公司主要财务数据和股东变化 2.1 主要财务数据 单位：元 币种：人民币 | | 报告期末 | | 上年度末 | | 报告期末比上年 | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 度末增减(%) | | | | ...

Financial Performance - Operating revenue for the first half of 2016 was CNY 23,973,109 thousand, down 1.03% from CNY 24,223,323 thousand in the same period of 2015[19]. - Net profit attributable to shareholders for the first half of 2016 was CNY 3,354,918 thousand, a decrease of 28.70% compared to CNY 4,705,345 thousand in the first half of 2015[19]. - Basic earnings per share for the first half of 2016 were CNY 0.63, down 28.70% from CNY 0.89 in the same period of 2015[19]. - The company's operating profit for the first half of 2016 was CNY 3,967,759, a decrease of 27.29% from CNY 5,457,310 in the same period of 2015[37]. - The total revenue from main business was CNY 23,400,455 thousand, with a gross margin of 30.71%, up 2.05 percentage points from the previous year[41]. - The company's gross profit margin for the six months ended June 30, 2016, was approximately 30.5%, compared to 28.5% for the same period in 2015[141]. - The company reported a decrease in EBITDA interest coverage ratio to 15.64 from 17.64 year-over-year, attributed to a decline in total profit[120]. Assets and Liabilities - Total assets as of June 30, 2016, were CNY 103,123,001 thousand, a decrease of 2.51% compared to December 31, 2015[19]. - Total liabilities decreased by 12.07% to CNY 28,024,570 thousand, primarily due to a reduction in current liabilities due within one year[44]. - The company's equity attributable to shareholders increased by 1.45% to CNY 71,515,728 thousand, with a net asset value per share of CNY 13.50[45]. - The company's debt-to-asset ratio decreased to 27.18% from 30.13% at the end of 2015, reflecting a reduction in short-term liabilities[122]. - The company's total assets amounted to RMB 82,954,031,588, a decrease of 8.83% from RMB 90,966,048,086 at the end of 2015[140]. - The total liabilities decreased to RMB 13,296,780,049, down 38.86% from RMB 21,738,626,384 at the end of 2015[138]. Cash Flow - Net cash flow from operating activities for the first half of 2016 was CNY 4,667,287 thousand, an increase of 11.48% compared to CNY 4,186,543 thousand in the first half of 2015[19]. - The net cash flow from investment activities increased by CNY 5,662,847 thousand, mainly due to the recovery of term deposits over three months[50]. - Cash inflow from investment activities totaled RMB 11,070,338,997, significantly higher than RMB 8,697,430,905 in the previous year, marking a 27.5% increase[152]. - The net cash flow from financing activities was negative at RMB -6,549,294,587, worsening from RMB -3,776,931,894 in the same period last year[154]. - The company reported a decrease in cash inflow from sales of goods and services, totaling RMB 29,825,606,614, down 5.7% from RMB 31,611,335,888 in the previous year[152]. Investments and Acquisitions - The company completed the acquisition of cement assets from Chao Dong, adding 5.4 million tons of clinker capacity and 3.5 million tons of cement capacity[26]. - The company is actively pursuing mergers and acquisitions to enhance market positioning and industry concentration, aiming for improved operational efficiency[56]. - In the first half of 2016, the company increased its investment in subsidiaries, including a cash injection of $12.6 million into Guizhou Panjiang Cement, raising its registered capital to $70.6 million[58]. Shareholder Information - The largest shareholder, Conch Group, held 1,948,869,927 shares, representing 36.78% of total shares[89]. - The total issued shares were 5,299,302,579, with A-shares comprising 3,999,702,579 shares (75.48%) and H-shares comprising 1,299,600,000 shares (24.52%)[89]. - The company reported a cash dividend distribution of 0.43 yuan per share for the 2015 fiscal year, totaling approximately 2.28 billion yuan[64]. - The company has not planned any dividend distribution for the mid-2016 period, nor will it implement capital reserve transfers to increase share capital[65]. Corporate Governance - The company has established an audit committee to oversee financial reporting and internal controls[84]. - The company has complied with the relevant provisions of the corporate governance code during the reporting period[102]. - The board of directors and senior management personnel have not changed significantly during the reporting period, with new appointments effective from the 2015 annual general meeting[98]. Operational Highlights - The company achieved a clinker production capacity of 240 million tons and cement production capacity of 300 million tons by the end of the reporting period[26]. - The total sales volume of cement and clinker increased by 11% year-on-year to 128 million tons, although revenue remained stable due to a decline in average selling prices[30]. - The company expanded its international presence with successful projects in Indonesia and Myanmar, and ongoing developments in Laos and Cambodia[27]. Financial Instruments and Accounting Policies - The company’s financial instruments include cash, receivables, payables, and equity, with initial recognition at fair value[176]. - Financial assets and liabilities are classified into categories based on their purpose at initial recognition, including those measured at fair value with changes recognized in profit or loss[176]. - The company recognizes impairment losses for financial assets when there is objective evidence indicating impairment, with specific methods for different asset types[184].

2016 年第一季度报告 公司代码：600585 公司简称：海螺水泥 安徽海螺水泥股份有限公司 2016 年第一季度报告 1 / 17 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 5 | | 四、 | 附录 | 7 | 2016 年第一季度报告 一、 重要提示 1.4 本公司第一季度报告未经审计。 二、 公司主要财务数据和股东变化 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | | --- | --- | --- | --- | --- | | | | | 减(%) | | | 总资产 | 107,750,616,882 | 105,781,391,621 | | 1.86 | | 归属于上市公司 | 71,546,304,438 | 70,491,887,946 | | 1.50 | | 股东的净资产 | | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | | 经营活动产生的 | ...