ST海越(600387) - 2017 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders reached CNY 27,293,510.38, a significant increase of 161.55% year-on-year[6] - Operating revenue for the period was CNY 2,583,160,005.82, representing a growth of 44.46% compared to the same period last year[6] - Basic earnings per share improved to CNY 0.07, up 163.64% from a loss of CNY 0.11 in the same period last year[6] - The net profit attributable to the parent company was CNY 27,293,510.38, a significant turnaround from a loss of CNY 44,344,253.07 in the previous year, marking a 161.55% improvement[12] - Net profit for Q1 2017 was ¥26,682,957.12, a significant recovery from a net loss of ¥106,761,265.31 in Q1 2016[33] - The total comprehensive income for Q1 2017 was ¥40,991,722.64, recovering from a loss of ¥251,060,313.52 in Q1 2016[33] Assets and Liabilities - Total assets increased by 1.55% to CNY 8,270,700,171.83 compared to the end of the previous year[6] - Total assets increased to ¥8,270,700,171.83 from ¥8,144,074,970.26, reflecting a growth of approximately 1.56%[24] - Current liabilities rose to ¥3,450,693,952.80 from ¥3,352,008,776.51, an increase of about 2.94%[25] - Total liabilities increased to ¥6,694,994,598.41 from ¥6,609,611,650.71, reflecting a growth of about 1.29%[25] - Non-current assets decreased to ¥6,671,473,948.93 from ¥6,760,489,032.93, a decline of about 1.32%[24] - Inventory increased by 31.91% to CNY 749,422,253.26, primarily due to the rise in raw materials and stock at the subsidiary Ningbo Haiyue New Materials Co., Ltd.[12] Cash Flow - The net cash flow from operating activities was negative CNY 213,499,335.82, a decline of 398.97% year-on-year[6] - Operating cash inflow from sales increased to ¥3,013,246,374.37, up from ¥2,284,190,709.32, representing a growth of approximately 32%[36] - Total cash inflow from operating activities was ¥3,082,556,822.24, compared to ¥2,307,601,948.43, an increase of about 34%[36] - Cash outflow for operating activities increased to ¥3,296,056,158.06 from ¥2,236,189,134.61, reflecting a rise of approximately 47%[36] - Cash inflow from investment activities totaled ¥38,867,329.88, slightly up from ¥37,658,682.24, indicating a modest increase[37] - Cash outflow for investment activities was ¥71,232,935.62, down from ¥88,988,304.80, showing a reduction of about 20%[37] Shareholder Information - The total number of shareholders reached 22,480 by the end of the reporting period[9] - Zhejiang Haiyue Technology Co., Ltd. remains the largest shareholder, holding 22.31% of the shares[9] Major Events and Changes - The company is undergoing a major asset restructuring involving the acquisition of Tianjin Northern Petroleum Co., Ltd., which focuses on oil and chemical product logistics and retail[16] - The stock of the company was suspended from trading on February 8, 2017, due to the planned transfer of control from the major shareholder, Zhejiang Haiyue Technology Co., Ltd., to HNA Modern Logistics for CNY 2.65 billion[13] - The company has not yet finalized the implementation plan for the major asset restructuring, and due diligence is ongoing[20] Financial Ratios and Metrics - The weighted average return on equity increased by 6.03 percentage points to 2.28%[6] - The company reported a significant increase in management expenses, which rose to ¥64,280,798.08 from ¥53,598,700.18 year-on-year[32] - The company’s financial expenses increased to ¥58,643,910.28 in Q1 2017, compared to ¥52,817,080.62 in the same period last year[32]