DFAC(SH:600006)2017-04-28 16:00Financial Performance - Operating revenue increased by 15.85% to CNY 3,835,732,229.30 year-on-year[6] - Net profit attributable to shareholders decreased by 40.64% to CNY 65,828,496.05 compared to the same period last year[6] - Basic and diluted earnings per share both decreased by 42.01% to CNY 0.0352[6] - The weighted average return on equity decreased by 0.80 percentage points to 1.08%[6] - The company reported a net profit margin decline due to rising costs, impacting overall profitability[29] - The net profit for Q1 2017 was CNY 162,991,405.15, up 53.1% from CNY 106,435,125.16 in Q1 2016[33] - The total profit for Q1 2017 was CNY 165,377,623.60, an increase of 52.9% from CNY 108,190,024.94 in the previous year[32] Cash Flow - Cash flow from operating activities improved by 44.38% from a loss of CNY 859,926,789.39 to a loss of CNY 478,722,644.75[6] - Operating cash inflow totaled CNY 4,364,419,259.62, an increase from CNY 3,591,621,293.14 in the previous period, representing a growth of approximately 21.5%[35] - Net cash flow from operating activities was negative CNY 478,722,644.75, an improvement from negative CNY 859,926,789.39 in the prior year[35] - Cash inflow from operating activities was CNY 1,471,422,739.41, compared to CNY 1,125,034,884.81 in the previous period, indicating a growth of approximately 31%[38] - The net cash flow from operating activities improved to CNY 140,468,164.79 from negative CNY 246,067,597.20 in the previous year[38] Assets and Liabilities - Total assets decreased by 2.23% to CNY 21,024,735,976.03 compared to the end of the previous year[6] - Total liabilities amounted to CNY 13,626,628,562.95, down from CNY 14,094,968,780.70, indicating a decrease of 3.3%[24] - Owner's equity totaled CNY 7,398,107,413.08, slightly down from CNY 7,409,566,182.45, a decrease of 0.15%[24] - Current assets totaled CNY 5,991,259,140.58, an increase of 15.4% from CNY 5,193,859,451.99 at the beginning of the year[27] Inventory and Receivables - Inventory rose by 34.51% to ¥2,434,242,136.30 from ¥1,809,657,015.61[13] - Accounts receivable rose to CNY 1,577,729,148.61, up from CNY 1,075,876,153.70, marking a 46.6% increase[26] - Inventory increased to CNY 391,432,667.99 from CNY 297,170,166.28, reflecting a growth of 31.7%[27] Shareholder Information - The number of shareholders at the end of the reporting period was 146,744[11] - The largest shareholder, Dongfeng Motor Corporation, holds 60.1% of the shares[11] Government and Other Income - Government subsidies received during the period amounted to CNY 10,670,142.18[8] - Non-recurring gains and losses totaled CNY 4,482,883.27 after tax adjustments[8] - Investment income rose by 79.01% to ¥121,639,542.13 from ¥67,951,206.11[15] - The company's investment income increased to CNY 123,610,942.88, a rise of 98.5% from CNY 62,327,589.11 in the same quarter last year[32] Future Outlook - Future outlook includes potential market expansion and new product development strategies to enhance revenue growth[29]