SPG(SH:600529)2017-04-24 16:00Financial Performance - Operating revenue rose by 27.52% to CNY 574,570,999.28 year-on-year[6] - Net profit attributable to shareholders increased by 67.62% to CNY 64,779,717.19 compared to the same period last year[6] - Basic earnings per share increased by 40.00% to CNY 0.21[6] - The company recorded a net profit of CNY 1,326,107.95 from non-operating income and expenses[8] - Total operating revenue for Q1 2017 was CNY 574,570,999.28, an increase of 27.5% compared to CNY 450,581,543.14 in the same period last year[26] - Net profit for Q1 2017 reached CNY 64,779,717.19, representing a 68.4% increase from CNY 38,498,722.27 in Q1 2016[28] - Earnings per share for Q1 2017 were CNY 0.21, compared to CNY 0.15 in the same quarter last year, reflecting a 40% increase[28] - The net profit for the current period was ¥61,462,727.69, representing a significant increase of 80.51% from ¥34,082,980.60 in the previous period[29] - The operating profit rose to ¥71,847,598.93, up 50.67% from ¥47,680,377.45 in the previous period[29] Asset and Equity Changes - Total assets increased by 2.51% to CNY 4,002,066,355.45 compared to the end of the previous year[6] - Total assets as of the end of Q1 2017 amounted to CNY 3,884,619,040.28, up from CNY 3,790,517,140.57 at the end of Q1 2016[25] - Total equity for Q1 2017 was CNY 3,081,799,280.45, compared to CNY 3,018,908,511.27 in Q1 2016, showing a growth of 2.1%[25] Cash Flow and Liquidity - Net cash flow from operating activities decreased by 31.46% to CNY 100,081,175.03[6] - Cash and cash equivalents decreased by 51.00% compared to the end of the previous period, primarily due to increased bank deposits and the purchase of wealth management products[15] - Cash flow from operating activities generated a net amount of ¥100,081,175.03, down 31.48% from ¥146,017,224.10 in the previous period[32] - Cash and cash equivalents at the end of the period reached $1.18 billion, an increase from $377.77 million in the previous quarter[34] - The net increase in cash and cash equivalents was $110.51 million, contrasting with a decrease of $1.63 million in the previous quarter[34] Operating Costs and Expenses - Operating costs increased by 33.58% compared to the same period last year, mainly due to increased sales volume and rising prices of some raw materials[15] - Total operating costs for Q1 2017 were CNY 498,936,362.95, up 25.8% from CNY 396,669,827.52 in Q1 2016[27] - The company incurred a total operating cost of ¥344,290,225.88, which is an increase of 28.14% from ¥268,733,713.58 in the previous period[29] Shareholder Information - The total number of shareholders reached 17,114 at the end of the reporting period[11] - The largest shareholder, Yiyuan County Public Asset Management Committee, holds 15.66% of shares[11] Investment and Non-Operating Income - Investment income increased by 8997.67% compared to the same period last year, primarily due to increased income from wealth management products[15] - Non-operating income increased by 439.96% compared to the same period last year, mainly due to increased net gains from fixed asset disposals and received penalties[15] - The company reported an investment income of CNY 1,149,315.09 in Q1 2017, a recovery from a loss of CNY 12,917.03 in the same period last year[27] - Investment income for the current period was ¥1,149,315.09, a substantial increase from ¥238,547.93 in the previous period[29] Tax and Financial Expenses - Tax and surcharges increased by 129.73% compared to the same period last year, due to adjustments in tax accounting according to national regulations[15] - Financial expenses increased by 55.93% compared to the same period last year, primarily due to a decrease in exchange gains during the reporting period[15]