DZT(SH:600611)2018-04-27 16:00Financial Performance - Operating revenue for the period was CNY 784,209,369.30, representing an increase of 58.56% year-on-year[6] - Net profit attributable to shareholders of the listed company was CNY 144,048,416.35, an increase of 29.76% compared to the same period last year[6] - Basic and diluted earnings per share were both CNY 0.065997, a decrease of 15.75% year-on-year[6] - The company's net profit for the first quarter of 2018 was CNY 35,345,170.71, a decrease of 74.7% compared to CNY 139,950,803.41 in the same period last year[30] - Operating profit decreased significantly to CNY 36,721,339.84, down 77.0% from CNY 159,230,499.14 in the previous year[31] - The total comprehensive income for the period was CNY -320,152,925.04, compared to CNY 15,677,455.64 in the same period last year[32] Cash Flow - The net cash flow from operating activities was CNY 110,492,852.07, down 25.17% from the previous year[6] - Cash inflows from operating activities amounted to CNY 946,075,131.97, an increase from CNY 865,846,858.03 in the same period last year[32] - The net cash flow from operating activities for Q1 2018 was ¥110,492,852.07, a decrease of 25.2% compared to ¥147,654,124.94 in the previous year[33] - The total cash and cash equivalents at the end of the period was ¥1,801,920,355.79, down from ¥2,654,361,176.60 at the end of Q1 2017[33] - The overall net increase in cash and cash equivalents for the period was -¥20,740,617.88, contrasting with an increase of ¥240,725,038.05 in Q1 2017[33] Assets and Liabilities - Total assets at the end of the reporting period were CNY 15,756,698,809.29, a decrease of 0.52% compared to the end of the previous year[6] - The company's current liabilities totaled CNY 5,397,672,932.60, an increase from CNY 5,177,538,352.81 at the start of the year[19] - Total assets as of March 31, 2018, amounted to ¥12,162,364,985.51, a decrease from ¥12,474,636,651.03 at the beginning of the year[24] - Total liabilities increased slightly to ¥3,627,258,676.03 from ¥3,619,731,835.56 at the start of the year[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 160,187[10] - The top shareholder, Shanghai Dazhong Public Utilities (Group) Co., Ltd., held 20.02% of the shares, totaling 473,186,074 shares[10] Investment Income - The company reported an investment income of CNY 15,626,696.61, a decrease of 90.07% from CNY 157,392,506.61 year-on-year[14] - Investment income decreased to CNY 61,814,728.85, down from CNY 177,594,254.49 year-over-year[31] Operating Costs and Expenses - Tax and additional charges increased significantly by 471.27% to CNY 49,566,511.36, primarily due to increased land value tax associated with property handover settlements[13] - Financial expenses surged by 221.06% to CNY 31,804,072.87, attributed to higher bank loan principal and interest rates compared to the previous year[13] - The company reported a significant increase in financial expenses, totaling CNY 33,726,963.08, compared to CNY 12,078,875.02 in the previous year[31] Inventory and Accounts Receivable - Accounts receivable increased by 97.78% to CNY 228,891,576.68 due to increased sales during the reporting period[12] - The company’s accounts receivable increased to CNY 228,891,576.68 from CNY 115,731,015.69, indicating a significant rise in credit sales[18] - The company’s inventory stood at ¥200,407.51, slightly down from ¥213,879.15 at the beginning of the year[22]