BJP(SH:600578)2018-04-25 16:00Financial Performance - Operating revenue for the period reached CNY 2.85 billion, representing a 21.09% increase year-on-year[6] - Net profit attributable to shareholders was CNY 148.43 million, a significant turnaround from a loss of CNY 46.74 million in the same period last year, marking a 417.58% increase[6] - Basic earnings per share improved to CNY 0.02, up 300.00% from a loss of CNY 0.01 per share in the prior year[6] - The company reported a non-recurring gain of CNY 8.86 million for the period[9] - Total operating revenue for Q1 2018 was CNY 2,854,877,273.93, an increase of 21% compared to CNY 2,357,617,806.71 in the same period last year[23] - Net profit for Q1 2018 reached CNY 86,502,941.86, a significant recovery from a net loss of CNY 163,934,937.28 in the previous year[24] - The total comprehensive income attributable to the parent company was CNY 148,425,500.89, a recovery from a loss of CNY 46,735,929.91 in the previous year[25] - The net profit for Q1 2018 reached CNY 260,418,540.10, compared to CNY 190,440,412.00 in Q1 2017, indicating an increase of about 37%[27] Asset and Liability Management - Total assets increased by 3.85% to CNY 63.37 billion compared to the end of the previous year[6] - The company's total assets as of March 31, 2018, amounted to CNY 33,661,465,529.88, an increase from CNY 31,680,261,993.45 at the beginning of the year[21] - The company's total liabilities decreased slightly to ¥31,566,804,974.70 from ¥31,813,153,857.73, indicating improved financial stability[16] - Total liabilities as of March 31, 2018, were CNY 10,944,892,906.78, compared to CNY 9,224,107,910.45 at the start of the year, reflecting an increase of 18.7%[21] - The company's equity attributable to shareholders rose to CNY 22,716,572,623.10 from CNY 22,456,154,083.00, indicating a growth of 1.2%[21] Cash Flow Analysis - Cash flow from operating activities surged by 361.00% to CNY 577.15 million compared to the previous year[6] - The company's cash and cash equivalents increased by 37.17% to ¥6,213,789,345.35 compared to the beginning of the year, primarily due to increased financing activities[11] - The company's cash received from operating activities increased by 59.81% to ¥26,027,760.09, primarily due to higher interest income from time deposits[12] - The net cash flow from operating activities was CNY 577,150,263.80, a substantial increase from CNY 125,196,132.08 in the same quarter last year[30] - Cash inflow from operating activities totaled 27,985,968.60 RMB, down from 39,076,714.98 RMB in the previous period, a decline of approximately 28%[32] - The company reported a net increase in cash and cash equivalents of 1,166,705,443.47 RMB, compared to 3,155,372,410.68 RMB in the previous period, a decline of approximately 63%[33] Shareholder Information - The total number of shareholders reached 76,287 by the end of the reporting period[10] - The top shareholder, Beijing Jingneng International Energy Co., Ltd., holds 42.53% of the shares[10] Investment and Income - Investment income rose by 50.35% to ¥355,209,163.47, attributed to improved profitability of associated companies[11] - The company reported investment income of CNY 355,209,163.47, up from CNY 236,256,501.70 in the previous year, reflecting a growth of 50.2%[24] - The company’s long-term equity investments increased by 5.49% to ¥10,534,273,169.77, reflecting ongoing investment strategies[15] Government Subsidies - The company received government subsidies related to environmental protection and water reuse amounting to CNY 7.97 million[8]