SIPG(SH:600018)2016-04-29 16:00Financial Performance - Net profit attributable to shareholders decreased by 18.93% to CNY 1.22 billion year-on-year[6]. - Operating revenue declined by 4.29% to CNY 7.11 billion compared to the same period last year[6]. - Basic earnings per share decreased by 20.42% to CNY 0.0526[6]. - The weighted average return on equity decreased by 0.6943 percentage points to 2.0254%[6]. - Operating profit decreased to ¥1,798,954,202.68, down 17.2% from ¥2,174,231,478.83[23]. - Net profit for the current period is ¥1,482,812,976.66, a decline of 18.9% compared to ¥1,827,335,305.25 in the previous period[24]. - Total operating revenue for the current period is ¥7,105,464,146.94, a decrease of 4.3% from ¥7,423,828,401.70 in the previous period[23]. - Investment income for the current period is ¥323,549,684.15, down from ¥374,737,429.81, representing a decrease of 13.6%[23]. - The company reported a total comprehensive income of ¥1,319,766,269.04, down from ¥1,622,845,558.46, reflecting a decrease of 18.6%[24]. Cash Flow - Net cash flow from operating activities turned negative at CNY -1.02 billion, a decrease of 151.61% year-on-year[6]. - The net cash flow from operating activities was -1,020,803,648.79 RMB, a significant decrease compared to 1,977,930,769.47 RMB in the previous period[28]. - Cash inflow from operating activities totaled 6,904,012,967.76 RMB, while cash outflow was 7,924,816,616.55 RMB, resulting in a net cash flow of -1,020,803,648.79 RMB[28]. - The net cash flow from financing activities increased by 102.21% to CNY 3 million, driven by short-term borrowings of CNY 2 billion[13]. - Total cash inflow from financing activities was 4,481,250,000.00 RMB, primarily from borrowing 2,000,000,000.00 RMB and issuing bonds worth 2,481,250,000.00 RMB[29]. - The net cash flow from financing activities was 30,184,290.44 RMB, contrasting with a net outflow of -1,366,519,477.09 RMB in the previous period[29]. - The net cash flow from investing activities was -454,045,473.95 RMB, indicating a decline from -520,661,992.46 RMB in the previous period[28]. Assets and Liabilities - Total assets decreased by 0.87% to CNY 97.66 billion compared to the end of the previous year[6]. - Total current assets amounted to CNY 18.43 billion, down from CNY 18.99 billion at the beginning of the year[17]. - Long-term equity investments reached CNY 20.54 billion, up from CNY 20.09 billion at the start of the year[17]. - Current liabilities decreased from ¥18,512,874,916.29 to ¥17,338,518,759.40, a reduction of about 6.36%[18]. - Total liabilities decreased from ¥31,370,354,560.44 to ¥29,630,740,496.19, a decline of about 5.56%[18]. - Non-current liabilities decreased from ¥12,857,479,644.15 to ¥12,292,221,736.79, a decrease of approximately 4.41%[18]. - Owner's equity increased from ¥67,144,562,750.25 to ¥68,030,089,569.38, an increase of approximately 1.32%[19]. - Total owner's equity attributable to shareholders increased from ¥59,608,197,367.05 to ¥60,671,033,246.14, an increase of approximately 1.78%[19]. Shareholder Information - The number of shareholders reached 314,844 at the end of the reporting period[9]. - The top shareholder, Shanghai State-owned Assets Supervision and Administration Commission, holds 31.36% of the shares[10]. Other Financial Metrics - Other receivables increased by 50.96% due to a payment of CNY 100 million for a hazardous cargo container yard project[12]. - Non-current assets due within one year increased by 191.56% due to reclassification of long-term entrusted loans[12]. - Employee compensation payable rose by 34.39% to CNY 68 million, reflecting accrued salaries based on the timeline[13]. - Payable dividends surged by 621.01% to CNY 51 million, indicating unpaid dividends[13]. - Other payables decreased by 55.25% to CNY 176 million, due to the payment of historical port construction fee distributions totaling CNY 1.92 billion[13]. - Cash and cash equivalents decreased from ¥2,951,120,566.49 to ¥1,625,961,041.86, a decline of about 45.00%[20]. - Accounts receivable increased from ¥259,868,951.56 to ¥322,097,096.71, an increase of approximately 24.00%[20]. - Total current assets decreased from ¥8,396,666,727.83 to ¥7,033,186,226.64, a decline of about 16.24%[20]. - Total operating costs increased slightly to ¥5,630,059,628.41 from ¥5,624,334,352.68, with operating costs rising to ¥4,940,602,349.40 from ¥4,870,654,756.54[23]. - Management expenses decreased to ¥458,103,217.34 from ¥510,725,535.20, a reduction of 10.3%[23]. - Other comprehensive income after tax for the current period is -¥163,046,707.62, an improvement from -¥204,489,746.79 in the previous period[24]. - The company is in the process of acquiring 100% equity of several subsidiaries from Tongsheng Group, which constitutes a related party transaction[13]. - The company committed to distributing at least 50% of its distributable profits to shareholders annually, with a preference for cash dividends[15].