TYHI(SH:600169)2017-04-28 16:00Financial Performance - Operating revenue for the period reached CNY 1,376,151,707.78, an increase of 157.28% year-on-year [6]. - The net profit attributable to shareholders of the listed company was CNY -27,508,706.12, an improvement of 88.31% from CNY -235,219,285.58 in the previous year [6]. - Basic and diluted earnings per share were both CNY 0.0004, a 100.44% increase from CNY -0.0917 in the same period last year [6]. - The net profit for Q1 2017 was CNY 1,101,789.81, recovering from a net loss of CNY 222,207,482.90 in the previous year [24]. - The net profit attributable to the parent company was CNY 19,560,050.30, recovering from a net loss of CNY 172,246,646.95 in the previous year [27]. - The company reported a total comprehensive income of CNY 19,560,050.30, recovering from a loss of CNY 172,246,646.95 in the previous year [27]. Cash Flow - Net cash flow from operating activities improved significantly to CNY 31,568,999.47, compared to a negative CNY 629,865,425.00 in the same period last year, marking a 105.01% increase [6]. - Cash inflow from operating activities totaled CNY 1,404,808,809.62, compared to CNY 1,310,385,526.79 in the same period last year [29]. - Net cash flow from operating activities was $328,904,342.51, a significant improvement from a net outflow of $482,169,864.03 in the prior period [33]. - Cash received from other operating activities was $864,956,433.33, an increase from $573,715,580.45, representing a 51% growth [32]. - Cash paid for employee compensation was $194,161,546.31, up from $171,348,718.44, showing a 13% increase [32]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 28,167,927,594.17, a decrease of 3.08% compared to the end of the previous year [6]. - The total liabilities of the company were CNY 18,917,081,741.72, down from CNY 19,085,726,139.96 at the beginning of the year [21]. - The company's equity attributable to shareholders was CNY 4,068,340,948.38, an increase from CNY 4,048,253,185.18 at the start of the year [21]. - The company's total assets as of March 31, 2017, were CNY 22,985,422,690.10, slightly down from CNY 23,133,979,325.14 at the beginning of the year [20]. Shareholder Information - The total number of shareholders at the end of the reporting period was 156,648 [9]. - The largest shareholder, Taiyuan Heavy Machinery (Group) Manufacturing Co., Ltd., held 662,650,710 shares, accounting for 25.84% of the total shares [9]. Government Support - The company received government subsidies amounting to CNY 22,212,165.61, which are closely related to its normal business operations [8]. Operating Costs - Operating costs also rose to CNY 1,050,872,140.38, reflecting a 147.01% increase from CNY 425,442,195.87, driven by higher sales volume [13]. - Total operating costs for Q1 2017 amounted to CNY 1,403,074,780.48, up from CNY 776,757,606.01, indicating an increase of about 80.5% year-over-year [24]. - The total operating costs for Q1 2017 were CNY 712,300,897.29, which is an increase from CNY 354,488,900.07 in the same period last year [26]. Financial Expenses - The company's financial expenses increased by 35.19% to CNY 162,619,238.23, primarily due to higher interest on borrowings [13]. - The company incurred financial expenses of CNY 126,933,063.19, up from CNY 93,958,914.84 in the previous year [27]. - The company reported a significant reduction in interest payable, down 93.04% to CNY 5,411,527.74, as a result of repaying due bond interest [12].