CC GAS(SH:600333)2017-04-26 16:00Financial Performance - Operating revenue rose by 10.80% to CNY 383,977,259.30 year-on-year[6] - Net profit attributable to shareholders decreased by 16.72% to CNY 18,436,932.47 compared to the same period last year[6] - Basic earnings per share fell by 25.00% to CNY 0.03[6] - Operating revenue increased significantly, leading to a 110.79% rise in business taxes and surcharges to ¥1,403,150.07 compared to ¥665,671.06 in the same period last year[15] - Financial expenses rose by 51.82% to ¥15,628,472.31, primarily due to increased loan amounts and corresponding interest expenses[15] - Total operating revenue for Q1 2017 was CNY 383,977,259.30, an increase of 10.8% compared to CNY 346,564,636.41 in the same period last year[26] - Total operating costs for Q1 2017 were CNY 378,288,501.08, up from CNY 337,732,753.51, reflecting a year-over-year increase of 12.0%[26] - Net profit for Q1 2017 was CNY 17,188,411.42, down from CNY 20,321,108.80, representing a decrease of 15.5% year-over-year[28] - The company reported an investment income of CNY 9,529,366.75, slightly down from CNY 10,582,610.77, a decrease of 9.9% year-over-year[26] - The company reported a total profit of CNY 18,725,006.76 for Q1 2017, slightly up from CNY 18,551,550.78 in Q1 2016, reflecting a growth of about 0.9%[30] Cash Flow - Net cash flow from operating activities turned negative at CNY -4,860,984.63, a decline of 110.69% from the previous year[6] - Cash inflow from operating activities totaled CNY 395,225,698.26, compared to CNY 363,335,787.80 in the previous year, reflecting an increase of approximately 8.8%[33] - Cash received from other operating activities surged by 340.40% to ¥12,549,645.72, attributed to an increase in temporary receipts during the reporting period[17] - Cash paid for purchasing goods and services increased by 44.56% to ¥290,981,899.09, reflecting higher sales revenue[17] - Cash paid for various taxes rose by 97.62% to ¥17,575,753.40, driven by an increase in taxable amounts during the reporting period[17] - The net cash flow from operating activities was negative at CNY -4,860,984.63, a significant decline from CNY 45,474,178.61 in Q1 2016[33] - Cash and cash equivalents at the end of the period stood at CNY 115,631,141.77, down from CNY 279,504,708.77 at the end of the previous year, a decrease of about 58.6%[34] - The net cash flow from financing activities was CNY 45,067,265.44, up from CNY 18,916,481.74 in the previous year, representing an increase of approximately 138.5%[34] Assets and Liabilities - Total assets increased by 1.25% to CNY 5,193,301,224.96 compared to the end of the previous year[6] - Total liabilities amounted to ¥3,542,001,124.87, compared to ¥3,495,630,491.43 at the start of the year, reflecting an increase in financial obligations[23] - The company's total assets as of March 31, 2017, were CNY 4,903,911,471.59, compared to CNY 4,829,800,703.68 at the beginning of the year, showing an increase of 1.5%[25] - Current liabilities totaled CNY 2,483,626,997.09, an increase from CNY 2,427,698,000.21 at the beginning of the year, reflecting a rise of 2.3%[25] - Total assets reached ¥5,193,301,224.96, up from ¥5,129,069,859.19 at the beginning of the year[21] Shareholder Information - The number of shareholders reached 47,768 at the end of the reporting period[9] - The largest shareholder, Changchun Changgang Gas Co., Ltd., holds 52.57% of the shares[9] Inventory and Other Assets - Accounts receivable increased by 40.49% to CNY 69,528,008.37 due to an increase in credit sales[13] - Other current assets rose by 38.34% to CNY 17,322,578.14, primarily due to an increase in deductible input tax[13] - The company's inventory increased to CNY 161,755,781.87 from CNY 148,495,737.09, reflecting an increase of 8.5%[24]