凌钢股份(600231) - 2017 Q1 - 季度财报

Financial Performance - Operating income rose by 62.03% to CNY 3.89 billion year-on-year[14] - Net profit attributable to shareholders reached CNY 166.60 million, a significant recovery from a loss of CNY 130.84 million in the same period last year[7] - Cash flow from operating activities improved to CNY 768.90 million, compared to a negative cash flow of CNY 429.29 million in the previous year[7] - The gross profit margin improved to 5.1% in Q1 2017, compared to a negative margin in the previous year[40] - The net profit for Q1 2017 was ¥166,600,268.54, a turnaround from a net loss of ¥130,836,065.18 in Q1 2016[40] - The net profit for the current period was ¥197,859,691.32, compared to a net loss of ¥137,102,877.55 in the previous period, marking a turnaround in profitability[44] - The total profit for the current period was ¥264,207,631.79, compared to a loss of ¥181,021,880.94 in the previous period, indicating a strong recovery[44] Assets and Liabilities - Total assets increased by 1.98% to CNY 15.70 billion compared to the end of the previous year[7] - The company's total equity increased to CNY 5,392,497,120.33 from CNY 5,222,467,022.87, reflecting a growth of about 3.26%[32] - The total liabilities of the company increased to CNY 10,311,470,988.09 from CNY 10,176,592,872.16, reflecting a growth of about 1.32%[32] - Total current liabilities decreased from CNY 8,499,316,445.32 to CNY 8,418,272,754.64, a reduction of approximately 1%[31] - The company's total equity increased to ¥5,474,607,914.28, up from ¥5,276,223,222.96 year-over-year[36] - Total assets as of the end of Q1 2017 amounted to ¥15,460,384,822.77, slightly up from ¥15,417,027,190.18 at the end of the previous year[36] - Total liabilities decreased to ¥9,985,776,908.49 from ¥10,140,803,967.22 in the previous year[36] Cash Flow and Investments - Cash inflow from operating activities totaled ¥3,441,246,411.35, compared to ¥1,865,062,344.17 in the previous period, showing strong operational performance[47] - The operating cash flow net amount was ¥768,900,299.52, a substantial improvement from a negative cash flow of ¥429,294,694.78 in the previous period[47] - Cash and cash equivalents at the end of the period amounted to ¥1,601,029,209.65, compared to ¥2,231,480,071.59 at the end of the previous period[48] - Net cash flow from investment activities was -$45.63 million, a decrease from -$13.25 million year-over-year[52] - Cash inflow from financing activities totaled $1.32 billion, down from $1.67 billion in the previous year[52] - Cash outflow for repayment of debts was $1.19 billion, an increase from $1.07 billion year-over-year[52] Shareholder Information - The number of shareholders reached 72,362, with the largest shareholder holding 34.57% of the shares[11] Government Support - The company received government subsidies amounting to CNY 31.17 million, primarily for supporting enterprise development[9] - Other operating income increased by ¥28,358,790.10 compared to the same period last year, mainly due to an increase in government subsidies received[16] Taxation - The income tax expense increased by 261.78% to CNY 58.05 million compared to a tax benefit in the same period last year[14] - Income tax expenses increased by ¥93,936,824.23 compared to the same period last year, primarily due to increased profits[16] - The company received tax refunds of ¥42,764,288.74, up from ¥12,035,373.63 in the previous period, indicating better tax recovery[47] Receivables and Inventory - Accounts receivable decreased by 36.50% to CNY 89.98 million compared to the previous year[13] - Accounts receivable decreased by ¥51,717,739.07 compared to the beginning of the year, mainly due to the recovery of accounts receivable[15] - Other receivables decreased by ¥19,218,429.89 compared to the beginning of the year, primarily due to the recovery of export tax rebates[15] - Inventory remained relatively stable, with a slight increase from CNY 1,233,515,993.40 to CNY 1,234,690,692.25, showing a marginal growth of about 0.1%[30]