凌钢股份(600231) - 2018 Q1 - 季度财报

Financial Performance - Operating income rose by 14.20% to CNY 4,441,743,917.45 year-on-year[6] - Net profit attributable to shareholders increased by 53.01% to CNY 254,917,623.07 compared to the same period last year[6] - Total operating revenue for Q1 2018 was CNY 4,441,743,917.45, an increase of 14.2% compared to CNY 3,889,330,470.61 in the same period last year[29] - Total operating revenue for Q1 2018 was approximately CNY 4.21 billion, an increase of 12.6% compared to CNY 3.74 billion in the same period last year[33] - Net profit for Q1 2018 reached approximately CNY 240.66 million, representing a 21.6% increase from CNY 197.86 million in Q1 2017[34] - Total profit for Q1 2018 was approximately CNY 319.15 million, up from CNY 264.21 million in Q1 2017, marking a growth of 20.8%[34] - The company reported a net profit margin improvement, although specific figures were not disclosed in the provided content[29] Assets and Liabilities - Total assets increased by 2.20% to CNY 15,096,284,233.47 compared to the end of the previous year[6] - Total assets amounted to CNY 15,253,664,035.90, up from CNY 14,920,981,690.40 at the beginning of the year, reflecting a growth of 2.2%[26] - Total liabilities increased to CNY 8,471,769,784.64 from CNY 8,379,825,995.63, representing a rise of 1.1%[26] - Current liabilities totaled CNY 6,716,833,739.70, compared to CNY 6,598,929,554.11, indicating an increase of 1.8%[26] - Non-current liabilities decreased slightly to CNY 1,754,936,044.94 from CNY 1,780,896,441.52, a decline of 1.5%[26] - Owner's equity rose to CNY 6,781,894,251.26, up from CNY 6,541,155,694.77, marking an increase of 3.7%[26] Cash Flow - Net cash flow from operating activities decreased by 157.19% to -CNY 439,700,548.05 compared to the previous year[6] - The net cash flow from operating activities was -439,700,548.05 RMB, a decrease compared to 768,900,299.52 RMB in the previous period[37] - Total cash inflow from operating activities was 4,378,924,328.93 RMB, while cash outflow was 4,818,624,876.98 RMB, resulting in a net cash flow deficit[37] - Cash inflow from financing activities was 767,416,418.49 RMB, down from 1,336,751,964.13 RMB in the previous period[38] - The net cash flow from investing activities was -22,408,261.82 RMB, compared to -43,810,167.49 RMB previously[38] - The total cash and cash equivalents at the end of the period were 209,388,611.16 RMB, a significant decrease from 1,601,029,209.65 RMB in the previous period[38] Receivables and Expenses - Accounts receivable increased by 100.49% to CNY 1,314,071,741.68 compared to the end of the previous year[12] - Accounts receivable increased by ¥658,627,928.89 compared to the beginning of the year, mainly due to an increase in the proportion of bill settlements in product sales[13] - Interest receivable increased by ¥750,000.00 compared to the beginning of the year, primarily due to accrued interest on time deposits[13] - Financial expenses decreased by 50.12% to CNY 29,358,651.20 compared to the previous year[12] - Financial expenses decreased by ¥29,501,302.98 compared to the same period last year, mainly due to reduced interest expenses from decreased short-term borrowings[13] - Income tax expenses increased by 49.05% to CNY 86,528,431.12 compared to the same period last year[12] - Tax expenses increased by ¥8,577,108.29 compared to the same period last year, primarily due to an increase in value-added tax revenue[13] Inventory and Other Income - Inventory levels increased to CNY 1,391,330,512.96 from CNY 1,176,995,779.56, reflecting a growth of 18.1%[25] - Other income decreased by ¥30,031,645.37 compared to the same period last year, mainly due to a reduction in government subsidies received[14] - Other comprehensive income after tax for Q1 2018 was CNY 78,750, a decrease from CNY 525,000 in Q1 2017[34] - The company reported an investment income of CNY 189,881 in Q1 2018, recovering from a loss of CNY 212,296 in the same period last year[33]