SCIE(SH:600546)2018-04-27 16:00Financial Performance - Net profit attributable to shareholders increased by 41.39% to CNY 32,713,249.96 year-on-year[6] - Operating revenue decreased by 3.31% to CNY 10,314,814,865.60 compared to the same period last year[6] - The company reported a 56.51% increase in operating profit to CNY 311,987,785.11, driven by increased revenue from coal mines[12] - Total operating revenue for Q1 2018 was CNY 10,314,814,865.60, a decrease of 3.30% from CNY 10,667,712,062.39 in the same period last year[24] - Net profit for Q1 2018 reached CNY 169,858,205.51, an increase of 33.14% compared to CNY 127,647,064.64 in Q1 2017[25] - The total profit for Q1 2018 was -2,064,436.93 RMB, compared to -6,013,546.04 RMB in the same period last year, indicating an improvement[32] Assets and Liabilities - Total assets increased by 0.10% to CNY 45,942,917,823.19 compared to the end of the previous year[6] - The company's total assets as of the end of Q1 2018 amounted to CNY 36,581,109,130.91, up from CNY 36,241,877,826.71 at the end of the previous year[23] - The company's total liabilities decreased from CNY 36,979,768,031.33 to CNY 36,843,873,615.81, a reduction of approximately 0.4%[19] - Total liabilities increased to CNY 30,274,285,967.74, compared to CNY 29,932,990,226.61 in the previous period[23] - The company's total equity increased from CNY 8,918,159,177.69 to CNY 9,099,044,207.38, representing an increase of approximately 2.0%[19] Cash Flow - Cash flow from operating activities decreased by 8.67% to CNY 385,850,626.02 year-on-year[6] - Cash inflow from operating activities was 10,994,422,533.05 RMB, down 14.26% from 12,824,357,734.02 RMB in Q1 2017[36] - Cash outflow from operating activities totaled 10,608,571,907.03 RMB, a decrease of 14.38% compared to 12,401,879,499.11 RMB in the previous year[36] - The net cash flow from operating activities was 385,850,626.02 RMB, down 8.63% from 422,478,234.91 RMB in Q1 2017[36] - Cash inflow from financing activities was 3,450,932,326.51 RMB, a decrease of 14.23% from 4,026,770,100.00 RMB in the same period last year[37] - The net cash flow from financing activities was -1,598,987,558.81 RMB, worsening from -1,208,125,144.64 RMB in the previous year[37] Shareholder Information - The number of shareholders reached 60,724 at the end of the reporting period[10] - Basic earnings per share for Q1 2018 were CNY 0.02, compared to CNY 0.01 in the same period last year[27] Tax and Charges - Tax and additional charges increased by 32.92% to CNY 142,651,766.53 due to higher income from coal mines[12] - Cash paid for taxes increased by 65.72% to CNY 980,273,135.42, reflecting higher tax payments[13] Legal and Risk Management - The company is actively pursuing legal measures to mitigate risks associated with ongoing litigation, aiming to protect its interests and minimize losses[14] - There are no significant changes expected in cumulative net profit compared to the previous year, indicating stability in financial performance[15] Other Financial Metrics - The weighted average return on equity increased by 0.09 percentage points to 0.66%[6] - The company's current assets totaled CNY 21,754,760,852.01, compared to CNY 21,719,655,931.24 at the beginning of the year, indicating a marginal increase[17] - Cash and cash equivalents decreased from CNY 10,551,205,160.09 to CNY 9,278,989,278.57, a decline of approximately 12.1%[17] - Accounts receivable increased from CNY 3,276,934,035.38 to CNY 3,339,788,563.10, reflecting a growth of about 1.9%[17] - Short-term borrowings decreased from CNY 12,999,871,747.25 to CNY 12,147,983,715.10, a decline of about 6.6%[18]