ZMNY(SH:600163)2017-04-27 16:00Financial Performance - Net profit attributable to shareholders increased by 28.26% to CNY 49,656,708.76 year-on-year[6] - Operating income rose by 13.94% to CNY 119,469,005.40 compared to the same period last year[6] - Total profit rose by 34.92% to CNY 69,432,127.37, driven by increased electricity generation from the Lianjiang Huangqi project[12] - Total operating revenue for Q1 2017 was CNY 119,469,005.40, an increase of 13.5% compared to CNY 104,850,258.68 in the same period last year[26] - Net profit for Q1 2017 reached CNY 56,174,273.96, representing a growth of 28.8% from CNY 43,603,083.19 in Q1 2016[26] - Total comprehensive income for the period reached CNY 56,174,273.96, an increase from CNY 43,603,083.19 in the previous period, representing a growth of approximately 28.5%[27] Cash Flow - Net cash flow from operating activities surged by 116.28% to CNY 31,185,416.85 year-on-year[6] - Operating cash flow net amount increased by 116.28% to ¥31,185,416.85 compared to the same period last year, primarily due to reduced cash outflows from operating activities[13] - Cash inflow from operating activities totaled CNY 111,481,552.49, compared to CNY 116,111,109.00 in the previous period, reflecting a decrease of approximately 4.0%[32] - The net cash flow from operating activities for Q1 2017 was ¥1,154,247.46, compared to a negative cash flow of ¥425,137.82 in the same period last year, indicating a significant improvement[35] Assets and Liabilities - Total assets increased by 1.63% to CNY 3,155,272,012.63 compared to the end of the previous year[6] - Total current assets increased to ¥690,237,085.12 from ¥642,271,432.44, reflecting a growth in cash and receivables[20] - Fixed assets decreased slightly to ¥2,067,653,582.97 from ¥2,099,311,413.69, indicating a reduction in long-term asset value[20] - Total liabilities were CNY 218,430,172.01 at the end of Q1 2017, an increase from CNY 197,430,172.01 at the start of the year, indicating a growth of 10.1%[24] - The total liabilities to equity ratio as of March 31, 2017, was approximately 15.7%, indicating a stable leverage position[24] Shareholder Information - The number of shareholders reached 35,207 at the end of the reporting period[9] - The largest shareholder, Fujian Investment Development Group, holds 46.20% of the shares[9] Investment Income - Investment income increased by 30.04% to CNY 924,623.24 due to higher returns from structured deposits[12] - The investment income for Q1 2017 was CNY 924,623.24, an increase from CNY 711,027.78 in the previous year[26] Expenses - Income tax expenses increased by 68.74% to CNY 13,257,853.41 due to new tax obligations from certain projects[12] - The company reported a significant increase in management expenses, which rose to CNY 6,237,329.57 from CNY 4,957,818.61, reflecting a rise of 25.8%[26] - Management expenses decreased to CNY 188,867.19 from CNY 282,200.24, showing a reduction of approximately 33.1%[30] - Financial expenses improved to CNY -350,247.96 from CNY -409,140.66, indicating a decrease in financial costs of about 14.3%[30] Capital Expenditures - The company invested ¥30,000,000.00 in capital expenditures during the quarter, an increase of 50% from ¥20,000,000.00 in the same period last year[35]