TJ(SH:600667)2018-04-26 16:00Financial Performance - Operating revenue rose by 61.11% to CNY 3.54 billion year-on-year[5] - Net profit attributable to shareholders increased by 89.05% to CNY 79.65 million compared to the same period last year[5] - Basic and diluted earnings per share doubled to CNY 0.04 from CNY 0.02[5] - Total operating revenue for Q1 2018 reached ¥3,543,082,589.31, a significant increase of 61.11% compared to ¥2,199,126,593.22 in Q1 2017, primarily driven by accelerated project execution by subsidiaries[11] - Net profit attributable to the parent company was ¥79,652,307.10, up 89.05% from ¥42,132,249.58 in the same period last year, indicating improved gross margins[12] - Operating profit for Q1 2018 was ¥119,571,537.83, up 75.9% from ¥67,988,227.05 in Q1 2017[24] - The total comprehensive income for Q1 2018 was ¥58,218,374.09, compared to ¥43,160,157.96 in the same period last year[25] Cash Flow - The net cash flow from operating activities was negative at CNY -635.85 million, compared to CNY -236.58 million in the previous year[5] - Cash inflow from operating activities totaled CNY 2,819,344,312.50, an increase of 17.7% from CNY 2,393,892,170.18 in the previous period[31] - Net cash outflow from operating activities was CNY -635,854,868.44, worsening from CNY -236,578,144.91 year-over-year[31] - Cash inflow from investment activities was CNY 69,060,862.53, compared to CNY 23,540,500.00 in the previous period, indicating a significant increase[32] - Net cash outflow from investment activities was CNY -293,257,737.96, compared to CNY -173,024,104.00 in the previous period[32] - Cash inflow from financing activities amounted to CNY 1,167,194,518.51, down from CNY 2,765,738,910.73 in the previous period[32] - Net cash flow from financing activities was CNY 965,737,753.01, a decrease from CNY 2,146,328,185.82 year-over-year[32] - The ending cash and cash equivalents balance was CNY 2,991,517,011.19, down from CNY 3,904,167,941.00 in the previous period[32] - The company reported a net increase in cash and cash equivalents of CNY 33,362,517.50, a significant decline from CNY 1,736,816,253.62 in the previous period[32] - Total cash outflow for operating activities was CNY 3,455,199,180.94, compared to CNY 2,630,470,315.09 in the previous period, reflecting increased operational costs[31] Assets and Liabilities - Total assets increased by 8.66% to CNY 18.3 billion compared to the end of the previous year[5] - Total current assets increased to ¥11,188,176,105.03 from ¥9,648,387,267.48, representing a growth of approximately 15.97%[15] - Total liabilities increased to ¥11,617,907,585.07 from ¥9,554,934,092.05, indicating a rise of about 21.59%[17] - Short-term borrowings increased by 30.91% to ¥1,980,279,930.28, primarily to support operational needs[11] - Other payables surged by 242.34% to ¥867,797,772.03, attributed to the acquisition of minority stakes in Eleven Technology[11] - Deferred income rose by 124.46% to ¥32,570,201.79, mainly due to policy-related relocation compensation received by Eleven Technology[11] - The company's equity attributable to shareholders decreased to ¥6,095,211,726.74 from ¥6,169,699,837.35, a decline of approximately 1.20%[17] Shareholder Information - The total number of shareholders reached 74,592 by the end of the reporting period[8] - The largest shareholder, Wuxi Industrial Development Group Co., Ltd., holds 36.09% of the shares[8] Operational Costs - Operating costs for Q1 2018 were ¥3,120,696,664.69, reflecting a 66.85% increase from ¥1,870,397,367.46 in Q1 2017, mainly due to higher operational costs at subsidiary Eleven Technology[12] - The company reported a total operating cost of ¥3,433,965,894.32, which is an increase of 60.4% from ¥2,139,275,612.10 in Q1 2017[23] - The company incurred financial expenses of ¥57,708,409.60, up from ¥48,687,088.93 in the previous year[24] Other Financial Metrics - The weighted average return on equity increased by 0.58 percentage points to 1.29%[5] - The foreign currency translation adjustment resulted in a 132.65% increase in other comprehensive losses, amounting to -¥49,909,383.06, due to exchange rate fluctuations[12] - The deferred income tax liabilities were not reported, indicating potential tax planning strategies in place[21]