SPC(SH:600688)2017-04-27 16:00Financial Performance - Operating revenue rose by 36.26% to CNY 22,571,848,000, driven by an increase in product unit prices[12] - Net profit attributable to shareholders increased by 68.42% to CNY 1,928,852,000[5] - Basic earnings per share increased by 68.87% to CNY 0.179[5] - Net profit for Q1 2017 was RMB 1,928,538 thousand, representing a year-on-year growth of 67.5% from RMB 1,151,535 thousand[21] - Earnings per share for Q1 2017 were RMB 0.179, up from RMB 0.106 in the previous year, indicating a 68.9% increase[21] - The company reported an operating profit of RMB 2,499,643 thousand for Q1 2017, up 66.0% from RMB 1,506,027 thousand in the same quarter last year[21] Asset and Liability Management - Total assets increased by 4.48% to CNY 35,650,679,000 compared to the end of the previous year[5] - Total assets as of March 31, 2017, amounted to RMB 35,650,679 thousand, compared to RMB 34,123,693 thousand at the beginning of the year, reflecting a growth of 4.5%[17] - Current assets increased to RMB 16,541,919 thousand from RMB 14,875,881 thousand, marking an increase of 11.2%[17] - Total liabilities decreased to RMB 8,665,628 thousand from RMB 9,092,375 thousand, a reduction of 4.7%[17] Cash Flow Analysis - Cash flow from operating activities surged by 46.53% to CNY 2,854,156,000[5] - Operating cash inflow from sales reached CNY 24,847,836 thousand, up from CNY 18,741,280 thousand in the previous period, representing a growth of approximately 32.4%[26] - Net cash flow from operating activities was CNY 2,854,156 thousand, an increase of 46.3% compared to CNY 1,947,815 thousand in the same period last year[26] - The company reported a significant increase in cash inflow from operating activities, which totaled CNY 24,868,055 thousand, compared to CNY 18,752,571 thousand in the previous period[26] - The company’s cash flow from operating activities was positively impacted by a reduction in cash payments for goods and services, which decreased to CNY 16,750,705 thousand from CNY 12,055,529 thousand in the previous period[26] Investment and Financial Expenses - The company's financial expenses turned negative, decreasing by 680.08% to -CNY 44,034,000 due to increased interest income[12] - Investment income rose by 70.53% to CNY 278,854,000, reflecting good operational performance from joint ventures[12] - Investment income from joint ventures and associates was RMB 278,854 thousand, an increase of 70.3% compared to RMB 163,525 thousand in the previous year[21] - Cash outflow from investment activities totaled CNY 599,297 thousand, compared to CNY 191,707 thousand in the previous period, indicating a substantial increase in investment spending[26] - The company incurred a cash outflow of CNY 500,000 thousand related to other investment activities, indicating ongoing capital expenditures[26] Shareholder Information - The number of shareholders reached 121,182, with the largest shareholder holding 50.56% of the shares[10]