SLSVC(SH:600123)2018-04-23 16:00Financial Performance - Net profit attributable to shareholders decreased by 12.83% to CNY 195,127,440.98 year-on-year[8] - Operating revenue decreased by 1.21% to CNY 1,698,361,474.58 compared to the same period last year[8] - Basic earnings per share decreased by 12.86% to CNY 0.1708 compared to the same period last year[8] - Net profit for Q1 2018 was CNY 146,109,028.22, a decline of 27.1% from CNY 200,442,341.02 in Q1 2017[24] - Earnings per share for Q1 2018 were CNY 0.1708, down from CNY 0.1960 in the same quarter last year[25] - The company reported an investment income of CNY 61,665,362.52, a decrease of 33.4% compared to CNY 92,631,454.25 in Q1 2017[24] Asset and Liability Management - Total assets increased by 1.08% to CNY 23,817,626,101.53 compared to the end of the previous year[8] - Total liabilities rose to CNY 13,583,762,022.11 from CNY 13,516,528,166.68, indicating an increase in the company's obligations[19] - Total liabilities increased to CNY 9,210,015,827.33 from CNY 8,762,181,673.93 year-over-year, reflecting a growth of 5.1%[24] - Total equity rose to CNY 12,743,047,118.29, up from CNY 12,415,004,696.10, indicating an increase of 2.6%[24] Production and Sales - Coal production increased by 8.29% to 1,819,400 tons compared to the same period last year[9] - Urea production decreased by 41.11% to 162,700 tons year-on-year[9] - Gross profit from coal sales increased by 19.61% to CNY 57,888,000 compared to the same period last year[9] Cash Flow Analysis - Cash flow from operating activities increased by 25.47% to CNY 311,061,412.36 year-on-year[8] - The net cash flow from operating activities increased to ¥311,061,412.36 from ¥247,921,582.53, representing a growth of approximately 25.5%[31] - Cash inflow from sales of goods and services was ¥1,254,302,982.65, slightly up from ¥1,248,634,595.10, indicating a marginal increase of 0.5%[31] - The total cash outflow from operating activities decreased to ¥1,000,310,676.36 from ¥1,115,483,823.55, a reduction of about 10.3%[31] - Cash outflow for purchasing goods and services was ¥383,215,096.07, down from ¥396,948,815.46, showing a decrease of approximately 3.5%[31] - Cash flow from investing activities was negative at -¥455,896,162.86, worsening from -¥210,259,707.14, indicating a significant increase in investment expenditures[31] - Cash inflow from financing activities rose to ¥1,512,921,457.10 from ¥1,409,570,027.78, an increase of about 7.3%[31] - The net cash flow from financing activities decreased to ¥120,449,988.34 from ¥198,923,113.57, a decline of approximately 39.4%[31] - The ending cash and cash equivalents balance was ¥833,144,253.75, down from ¥1,666,957,420.76, reflecting a decrease of about 50%[31] - The cash inflow from other operating activities was ¥57,069,106.07, down from ¥114,770,810.98, a decrease of approximately 50.3%[31] - The cash inflow from other financing activities was ¥912,270.15, significantly lower than ¥70,000,000.00, indicating a decrease of approximately 98.7%[31] Expense Management - Sales expenses increased by 44.62% to ¥72,606,951.12, mainly due to higher specialized line leasing costs[17] - Management expenses rose by 30.11% to ¥245,371,166.84, driven by increases in wages and depreciation[17] Shareholder Information - The total number of shareholders reached 67,406 at the end of the reporting period[12] Investment Performance - Investment income decreased by 33.43% to ¥61,665,362.52, primarily due to reduced profits from China Resources Daning[17] Other Financial Metrics - The weighted average return on equity decreased by 0.51 percentage points to 2.06%[8] - The company reported a significant reduction in asset impairment losses by 94.08% to ¥721,868.18 compared to the previous year[17]