GDG(SH:600098)2018-04-27 16:00Financial Performance - Operating revenue increased by 30.57% to CNY 6.06 billion year-on-year[6] - Net profit attributable to shareholders increased by 231.61% to CNY 106.22 million compared to the same period last year[6] - Investment income increased by 172.29% to CNY 21.04 million compared to the previous year[13] - Comprehensive income decreased by 61.82% to CNY 100.86 million compared to the same period last year[13] - Total operating revenue for Q1 2018 was CNY 6,112,792,081.44, an increase of 30.7% compared to CNY 4,669,362,694.76 in the same period last year[25] - Net profit for Q1 2018 reached CNY 116,659,388.62, a significant increase of 228.5% compared to CNY 35,501,021.23 in Q1 2017[26] - Earnings per share (EPS) for Q1 2018 was CNY 0.0390, compared to CNY 0.0117 in the previous year, marking a growth of 233.8%[27] Cash Flow - Cash flow from operating activities decreased by 64.75% to CNY 137.99 million[6] - Cash received from interest, fees, and commissions increased by 256.50% year-on-year, reaching 56,624,445.37[14] - Cash flow from operating activities shows a net inflow of CNY 137,988,247.04, down 64.77% from CNY 391,460,902.66 in the previous period[33] - Cash flow from investing activities resulted in a net outflow of CNY 258,523,169.46, an improvement from a net outflow of CNY 397,577,489.55 in the previous period[34] - Cash flow from financing activities resulted in a net outflow of CNY 882,389,508.10, slightly improved from a net outflow of CNY 1,028,449,395.23 in the previous period[34] Assets and Liabilities - Total assets decreased by 1.90% to CNY 37.82 billion compared to the end of the previous year[6] - The company’s total current assets decreased from RMB 10.53 billion at the beginning of the year to RMB 9.93 billion[18] - The company’s total assets decreased from RMB 38.55 billion to RMB 37.82 billion[19] - Current liabilities decreased from RMB 8.46 billion to RMB 7.70 billion[20] - The company’s total liabilities decreased from RMB 19.30 billion to RMB 18.47 billion[20] - The company’s equity attributable to shareholders increased from RMB 16.02 billion to RMB 16.11 billion[20] Shareholder Information - The number of shareholders reached 80,335 at the end of the reporting period[10] - The largest shareholder, Guangzhou State-owned Assets Development Holdings Co., Ltd., holds 62.69% of the shares[10] Investment Activities - The company plans to increase investments in Guangzhou Development Gas Investment Co., Ltd. and Guangzhou Development Financial Leasing Co., Ltd. by 148,254,406.03 and 150,982,302.40 respectively[15] - The company raised RMB 200 million to supplement its working capital[16] - The registered capital of the wholly-owned subsidiary Guangzhou Development New Energy Investment Co., Ltd. was increased by RMB 182 million[16] Inventory and Expenses - The company’s inventory increased from RMB 1.65 billion to RMB 1.95 billion[18] - Cash paid for purchasing goods and services rose by 34.91% year-on-year, amounting to 5,978,466,659.49[14] - Financial expenses increased to CNY 155,772,472.41 from CNY 127,453,782.50, representing a rise of 22.2%[26] - Management expenses increased to CNY 24,084,767.41 from CNY 21,929,007.78, reflecting a rise of 9.83%[29]