ZHONGJIN GOLD(SH:600489)2017-04-26 16:00Financial Performance - Operating revenue rose by 43.51% to CNY 8.03 billion year-on-year[6] - Net profit attributable to shareholders increased by 86.19% to CNY 111.70 million compared to the same period last year[6] - Basic and diluted earnings per share increased by 50.00% to CNY 0.03 per share[6] - Operating revenue increased by 43.51% year-on-year, primarily due to rising gold prices and increased production and sales of electrolytic copper at the Zhongyuan Smelting Plant[13] - Net profit attributable to shareholders of the listed company rose by 46.01%, mainly driven by increased profits from rising gold prices[13] - Basic earnings per share reached 0.50 RMB, reflecting a significant increase due to higher profits from gold price increases[13] - The total profit for the period was CNY 183,925,572.91, representing a 45.7% increase from CNY 126,241,012.05 in Q1 2016[27] - The company reported an operating profit of CNY 202,359,672.10, which is a 61.7% increase from CNY 125,174,543.39 in the same quarter last year[27] - The net profit attributable to shareholders of the parent company reached CNY 88,111,497.24, up 46.1% from CNY 60,345,947.48 in Q1 2016[28] - The total comprehensive income attributable to shareholders of the parent company was CNY 88,111,497.24, compared to CNY 60,345,947.48 in Q1 2016, marking a 46.1% increase[28] Cash Flow - Cash flow from operating activities decreased by 58.13% to CNY 477.33 million year-on-year[6] - The company reported a net cash flow from operating activities of CNY 477.33 million for the current period[6] - Cash inflows from operating activities totaled CNY 9,693,026,244.17, an increase of 19% compared to CNY 8,153,190,941.07 in Q1 2016[30] - The net cash flow from operating activities for Q1 2017 was 477,332,305.09 RMB, a decrease of 58% compared to 1,140,069,517.10 RMB in the previous year[31] - Total cash inflow from operating activities was 6,644,614,358.47 RMB, up 30.7% from 5,080,234,403.12 RMB year-over-year[32] - The company reported a cash outflow of 3,972,939,540.44 RMB for other operating activities, up from 3,442,621,615.34 RMB, reflecting a 15.4% increase year-over-year[32] Assets and Liabilities - Total assets increased by 5.54% to CNY 40.91 billion compared to the end of the previous year[6] - Total assets amounted to approximately 40.91 billion RMB, up from 38.77 billion RMB at the beginning of the year[18] - Current liabilities totaled ¥17,516,094,190.44, an increase of 18.9% from ¥14,741,585,299.24 at the beginning of the year[19] - Non-current liabilities decreased to ¥7,946,763,548.91 from ¥8,741,332,221.26, a reduction of 9.1%[19] - Total liabilities amounted to ¥25,462,857,739.35, up 8.4% from ¥23,482,917,520.50[19] - Total equity attributable to shareholders increased to ¥13,356,592,774.21 from ¥13,252,517,761.73, reflecting a growth of 0.8%[20] Shareholder Information - The total number of shareholders reached 257,672 at the end of the reporting period[10] - The largest shareholder, China National Gold Group Corporation, holds 50.34% of the shares[10] Expenses - The company reported a significant increase in sales expenses by 92.84%, attributed to the expansion of the Zhongyuan Smelting Plant[14] - The company experienced a significant increase in sales expenses, which rose to CNY 41,228,122.73 from CNY 21,379,792.99, reflecting a 93.1% increase[27] Cash and Investments - Monetary funds increased by 61.63% to approximately 3.40 billion RMB, mainly due to the collection of accounts receivable at the Zhongyuan Smelting Plant[13] - Accounts receivable decreased by 45.37%, as the Zhongyuan Smelting Plant intensified collection efforts[13] - Accounts receivable rose to ¥81,886,928.03 from ¥32,466,853.70, indicating a significant increase of 152.5%[22] - The company recorded investment income of CNY 10,754,534.24, slightly down from CNY 13,130,907.04 in the previous year[27] Future Plans - The company plans to continue focusing on the development of new technologies and market expansion strategies to enhance its competitive position[13]