CSICPCL(SH:600482)2017-04-27 16:00Financial Performance - Net profit attributable to shareholders increased by 5.87% to CNY 227.03 million year-on-year[7] - Operating revenue rose by 8.73% to CNY 4.81 billion compared to the same period last year[7] - Basic earnings per share decreased by 23.53% to CNY 0.13 compared to CNY 0.17 in the same period last year[7] - Net profit for Q1 2017 was CNY 228,818,108.13, a decrease of 4.9% from CNY 240,643,526.22 in Q1 2016[28] - The net profit attributable to the parent company was CNY 227,032,708.23, compared to CNY 214,449,059.08 in the previous year, reflecting a growth of 5.8%[28] - Total comprehensive income for the period was CNY 228,818,108.13, compared to CNY 240,643,526.22 in the previous period[29] Assets and Liabilities - Total assets increased by 0.26% to CNY 39.62 billion compared to the end of the previous year[7] - Total assets amounted to ¥39,622,762,350.34, showing a slight increase from ¥39,519,572,066.89[21] - Total liabilities were CNY 32,151,903.16, down from CNY 39,607,195.86 in the previous period[26] - The company's equity totaled CNY 24,959,487,471.80, an increase from CNY 24,938,807,586.97 in the previous period[26] - Total operating costs for Q1 2017 were CNY 4,561,973,311.74, up 9.1% from CNY 4,182,181,748.96 in Q1 2016[28] Cash Flow - The net cash flow from operating activities was negative at CNY -444.64 million, a significant decrease from CNY 376.12 million in the previous year[7] - Cash inflow from operating activities was CNY 4,115,771,815.07, down from CNY 4,695,858,554.57 in the previous period[34] - Cash inflow from financing activities was CNY 847,000,000.00, an increase from CNY 792,464,390.21 in the previous period[35] - The company experienced a net cash outflow from investment activities of CNY -90,385,109.67, an improvement from CNY -130,472,497.14 in the previous period[35] - The net increase in cash and cash equivalents for the period was -1,247,052.49, reflecting a decrease in liquidity[37] Shareholder Information - The total number of shareholders reached 32,583 by the end of the reporting period[12] - The largest shareholder, China Shipbuilding Industry Group, holds 26.15% of the shares[12] Other Financial Metrics - The weighted average return on equity decreased by 1.05 percentage points to 0.89%[7] - The company reported non-operating income of CNY 3.07 million from government subsidies related to normal business operations[9] - Accounts receivable interest increased by 81.65% to ¥32,515,397.26 from ¥17,899,890.41 due to accrued interest on deposits[14] - Development expenses rose by 81.08% to ¥26,704,878.57 from ¥14,747,786.17 as a result of increased R&D investment[14] - Long-term prepaid expenses increased by 42.63% to ¥20,877,110.36 from ¥14,636,928.83 due to the initiation of an environmental project[14] - Other non-current assets decreased by 41.70% to ¥27,970,347.03 from ¥47,979,640.92 due to the settlement of engineering prepayments[14] - Tax payable decreased by 37.42% to ¥175,152,394.98 from ¥279,873,545.17 primarily due to the payment of last year's income tax[14] - Financial expenses decreased by 30.55% to ¥14,850,285.29 from ¥21,382,851.45 mainly due to the arrival of project fundraising[14] Corporate Actions - The company received approval for its stock option incentive plan from the State-owned Assets Supervision and Administration Commission[16] - The stock option incentive plan was approved by the shareholders' meeting on January 25[16] Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in this report[7]