ST富润(600070) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue for the current period reached CNY 370,842,172.45, representing a significant increase of 92.21% year-on-year [6]. - Net profit attributable to shareholders was CNY 54,173,790.09, a remarkable increase of 3,654.34% compared to the same period last year [6]. - Basic earnings per share were CNY 0.104, up 3,366.67% from CNY 0.003 in the same period last year [6]. - The company's net profit for Q1 2017 was CNY 46,349,479.15, compared to a net loss of CNY 4,801,608.40 in the same period last year, indicating a significant turnaround [30]. - The company's total revenue for Q1 2017 was RMB 370,842,172.45, representing a 92.21% increase compared to RMB 192,939,027.35 in the same period last year [12]. - Net profit for Q1 2017 was ¥62,417,870.34, compared to ¥8,484,597.63 in Q1 2016, representing a year-over-year increase of 635% [26]. Cash Flow - The company reported a cash flow from operating activities of CNY -71,315,751.72, indicating a significant increase in cash outflow compared to CNY -3,364,413.60 in the previous year [6]. - The net cash flow from operating activities was -RMB 71,315,751.72, a significant decline from -RMB 3,364,413.60 in the previous year [13]. - Cash inflow from investment activities was CNY 75,927,815.04, while cash outflow was CNY 218,895,254.88, resulting in a net cash outflow of CNY -142,967,439.84 [33]. - The net cash flow from financing activities was RMB 180,087,409.56, a substantial increase from RMB 3,421,373.51 in the same period last year, attributed to the issuance of new shares [13]. - The cash outflow for operating activities was $44.56 million, a sharp increase from $2.78 million in the previous period, suggesting rising operational costs [36]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,567,010,397.98, a decrease of 2.46% compared to the end of the previous year [6]. - The company's total assets decreased to RMB 3,567,010,397.98 from RMB 3,657,109,598.52 at the beginning of the year [18]. - Total liabilities decreased to ¥385,492,532.44 from ¥633,409,555.63 at the start of the year, indicating a reduction of approximately 39% [23]. - Shareholders' equity increased to ¥2,302,621,715.78 from ¥2,129,434,329.45, reflecting a growth of about 8% [23]. - The total non-current assets were ¥2,253,359,294.41, down from ¥2,393,594,685.97, indicating a decline of approximately 6% [22]. Shareholder Information - The total number of shareholders at the end of the reporting period was 21,875 [9]. - The largest shareholder, Furen Holdings Group Co., Ltd., held 100,420,068 shares, accounting for 19.24% of the total shares [9]. Government Support and Other Income - The company received government subsidies amounting to CNY 240,100.00, closely related to its normal business operations [7]. - Non-recurring gains and losses totaled CNY 51,538,396.94 for the current period [7]. - The company reported an investment income of ¥68,468,244.57 in Q1 2017, compared to a loss of ¥452,846.10 in the same period last year [26]. Operational Costs - Operating costs for Q1 2017 were RMB 306,990,898.75, reflecting a 92.56% increase from RMB 159,423,719.42 year-over-year [12]. - Management expenses increased to CNY 3,077,088.80 from CNY 1,742,135.88 year-on-year, indicating rising operational costs [29]. - Financial expenses decreased to CNY 1,406,441.07 from CNY 2,455,059.65, reflecting improved financial management [29].