CBC(SH:600132)2017-04-27 16:00Financial Performance - Operating revenue for the first quarter was CNY 736,418,656.25, a slight increase of 0.33% year-on-year [12]. - Net profit attributable to shareholders increased by 90.97% to CNY 48,145,449.30 compared to the same period last year [12]. - Operating profit increased significantly to CNY 60,257,453.09 from CNY 24,676,417.37, marking a growth of 144.4% year-over-year [26]. - Net profit for the period was CNY 46,791,686.58, compared to CNY 15,318,821.72 in the same period last year, reflecting a growth of 205.1% [26]. - The company reported an investment income of CNY 11,588,508.91, up from CNY 7,920,208.39, indicating a growth of 46.5% [26]. - The company’s total comprehensive income for Q1 2017 was CNY 57,185,241.73, compared to CNY 47,011,972.10 in the same period last year, marking an increase of approximately 21.5% [29]. Assets and Liabilities - Total assets increased by 3.81% to CNY 3,493,789,525.28 compared to the end of the previous year [7]. - The company's total assets reached CNY 3,033,721,214.64, up from CNY 2,954,410,886.17 at the beginning of the year, indicating an increase of 2.7% [24]. - Total liabilities rose to ¥2,204,720,884.67, up from ¥2,123,382,866.36, indicating an increase of about 3.8% [20]. - The total liabilities amounted to CNY 1,258,008,528.05, slightly up from CNY 1,235,883,441.31, showing a growth of 1.8% [24]. Shareholder Information - The total number of shareholders at the end of the reporting period was 26,096 [11]. - The top shareholder, Carlsberg Brewery Hong Kong Limited, holds 42.54% of the shares [11]. Cash Flow - Cash flow from operating activities decreased by 2.69% to CNY 174,515,902.37 compared to the same period last year [7]. - The net cash flow from operating activities was CNY 174,515,902.37, compared to CNY 179,347,182.38 in the previous year, reflecting a decline of approximately 2.3% [32]. - Cash flow from investment activities showed a net outflow of CNY 268,149,224.90, a significant decrease from a net inflow of CNY 21,197,483.12 in Q1 2016 [32]. - The net cash flow from financing activities was CNY 5,298,157.10, a recovery from a net outflow of CNY 94,291,631.35 in Q1 2016 [33]. Earnings Per Share - Basic and diluted earnings per share both doubled to CNY 0.10 compared to CNY 0.05 in the previous year [7]. - Earnings per share (EPS) for the period was CNY 0.10, compared to CNY 0.05 in the previous year, reflecting a 100% increase [27]. Inventory and Receivables - Beer sales volume decreased by 6% to 207,200 hectoliters compared to 221,700 hectoliters in the same period last year [12]. - Accounts receivable increased by ¥18,008,097.92, reaching ¥69,252,903.11, representing a growth of 35.14% compared to the previous quarter [18]. - Inventory levels decreased to CNY 528,721,479.80 from CNY 594,516,673.69, a reduction of 11.0% [23]. Investments - Construction in progress rose to ¥212,693,360.13, an increase of 40.34% from ¥151,559,491.90, primarily due to ongoing investments in a new factory [18]. - The company's retained earnings increased to ¥557,290,056.62 from ¥509,144,607.32, showing a growth of approximately 9.5% [20].