SAIC MOTOR(SH:600104)2016-04-29 16:00Financial Performance - Operating revenue for the period reached CNY 185.16 billion, marking a 9.00% increase from the same period last year[6]. - Net profit attributable to shareholders was CNY 7.94 billion, reflecting a 6.27% year-on-year growth[6]. - Basic earnings per share increased by 6.35% to CNY 0.720[6]. - Total operating revenue for Q1 2016 reached RMB 185.156 billion, an increase of 9% compared to the previous year[14]. - Net profit attributable to the parent company for Q1 2016 was RMB 7.936 billion, reflecting a year-on-year growth of 6.27%[14]. - Operating profit for the current period was ¥12.31 billion, slightly up from ¥12.01 billion, reflecting a growth of 2.4%[33]. - Net profit attributable to shareholders of the parent company was ¥7.94 billion, an increase of 6.3% from ¥7.47 billion in the previous period[33]. - Total operating costs increased to ¥179.86 billion, up 8.6% from ¥165.63 billion in the previous period[33]. - The total profit for the current period was ¥13.14 billion, an increase of 8.1% compared to ¥12.15 billion in the previous period[33]. Assets and Liabilities - Total assets increased by 2.33% to CNY 523.55 billion compared to the end of the previous year[6]. - The company’s financial assets measured at fair value increased by RMB 976.78 million, a growth of 79.99% compared to the beginning of the year[13]. - Total liabilities amounted to ¥299.20 billion, down from ¥300.71 billion, reflecting a decrease of approximately 0.5%[26]. - Current liabilities decreased to ¥248.40 billion from ¥257.67 billion, a reduction of about 3.9%[25]. - Owner's equity rose to ¥224.35 billion from ¥210.92 billion, marking an increase of about 6.4%[26]. - The total liabilities and owner's equity combined remained consistent at ¥523.55 billion, unchanged from the previous period[26]. Cash Flow - The net cash flow from operating activities was negative at CNY -4.05 billion, a decline of 449.06% compared to the previous year[6]. - The company reported a net cash flow from operating activities of -RMB 4.054 billion in Q1 2016, a significant decline of 449.06% year-on-year[15]. - The cash inflow from sales of goods and services reached ¥181.21 billion, an increase of 15.1% compared to ¥157.38 billion in the previous period[39]. - The cash outflow for purchasing goods and services was ¥155.53 billion, which is an increase of 15.8% from ¥134.30 billion in the previous period[39]. - The company paid ¥11.23 billion in taxes, which is an increase of 76.5% compared to ¥6.37 billion in the previous period[39]. - Investment activities generated a net cash inflow of ¥597.26 million, a significant recovery from a net outflow of -¥14.04 billion in the previous year[40]. Shareholder Information - The total number of shareholders reached 121,140 by the end of the reporting period[10]. - The largest shareholder, Shanghai Automotive Industry (Group) Corporation, holds 74.30% of the shares[10]. Other Financial Metrics - The weighted average return on equity decreased by 0.21 percentage points to 4.42%[6]. - Non-recurring gains and losses totaled CNY 581.30 million for the period[8]. - The company’s retained earnings increased to ¥94.33 billion from ¥86.40 billion, reflecting an increase of approximately 9.1%[26]. - Investment income for the current period was ¥6.99 billion, down 10.1% from ¥7.78 billion in the previous period[33]. - The company reported a decrease in financial expenses to ¥110.38 million from ¥82.92 million, indicating improved cost management[33]. - Other comprehensive income after tax showed a significant decline, with a net loss of ¥1.51 billion compared to a gain of ¥0.20 billion in the previous period[33]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[33].