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山西焦化(600740) - 2018 Q1 - 季度财报
SCCSCC(SH:600740)2018-04-25 16:00

Financial Performance - Net profit attributable to shareholders surged by 2,543.53% to CNY 343.50 million from CNY 12.99 million year-on-year[6] - Operating revenue rose by 49.29% to CNY 1.80 billion compared to CNY 1.21 billion in the same period last year[6] - The basic earnings per share reached CNY 0.240, a significant increase of 1,311.77% from CNY 0.017[6] - The company reported a net profit of CNY 180,322,845.15 for Q1 2018, compared to a profit of CNY 26,640,525.42 in the previous year, reflecting a significant increase in profitability[30] - The net profit for Q1 2018 reached ¥343,342,672.47, compared to ¥12,976,700.92 in Q1 2017, indicating a significant growth[33] - The total profit for Q1 2018 was ¥343,342,672.47, a substantial increase from ¥12,976,700.92 in Q1 2017[33] Assets and Liabilities - Total assets increased by 65.23% to CNY 18.38 billion compared to the end of the previous year[6] - Total liabilities increased to 914,370.04 million yuan from 841,146.86 million yuan, an increase of 73,223.18 million yuan[14] - Total assets as of March 31, 2018, amounted to CNY 16,743,200,211.70, a substantial rise from CNY 9,525,738,498.83 at the beginning of the year[30] - Total liabilities increased to CNY 8,098,878,090.42 from CNY 7,405,443,726.91, indicating a growth in financial obligations[30] - The company's equity attributable to shareholders reached CNY 8,644,322,121.28, up from CNY 2,120,294,771.92 at the start of the year[30] Cash Flow - Cash flow from operating activities decreased by 36.56% to CNY 54.91 million compared to the previous year[6] - Net cash flow from operating activities decreased to 54,911.89 million yuan from 86,555.08 million yuan, a reduction of 31,643.19 million yuan[17] - Operating cash flow for Q1 2018 was CNY 68,441,190.86, a decrease of 23.2% compared to CNY 89,112,879.01 in the previous year[38] - Total cash inflow from operating activities was CNY 1,519,267,906.71, up from CNY 1,204,866,168.00, reflecting a growth of 26.1%[38] - The company reported a total cash decrease of CNY 76,235,639.29 for the quarter, compared to a decrease of CNY 664,032,100.04 in the same quarter last year[39] Investments - Long-term equity investments rose significantly by CNY 7.11 billion, primarily due to initial investment costs and investment income from Shanxi Huajin Zhongmei Energy Co., Ltd.[13] - Long-term investments surged to CNY 7,633,547,886.24 from CNY 522,718,131.39, reflecting a strategic focus on long-term growth[28] - The company reported an investment income of ¥166,892,233.57 for Q1 2018, a significant increase from ¥916,600.86 in the previous year[33] Shareholder Information - The number of shareholders reached 78,152, with the largest shareholder holding 54.14% of the shares[10] Other Income and Expenses - Non-recurring gains and losses totaled CNY 165.33 million, including government subsidies and other income[8] - Total operating costs for Q1 2018 were CNY 1,790,284,120.51, up 51.6% from CNY 1,181,238,768.88 year-over-year[30] - Operating costs for Q1 2018 were ¥1,657,457,701.19, compared to ¥1,073,497,308.27 in Q1 2017, reflecting a rise in expenses[33] Future Outlook - The company expects significant growth in net profit for the year compared to the previous year due to the successful completion of the major asset restructuring[21] - The company plans to acquire a 49% stake in Shanxi Zhongmei Huajin Energy Co., Ltd. through a major asset restructuring, with a fundraising target of no more than 65,000 million yuan[18]