AHHL(SH:600761)2017-04-25 16:00Financial Performance - Operating revenue rose by 29.09% to CNY 1,895,432,423.55 year-on-year[6] - Net profit attributable to shareholders increased by 11.53% to CNY 103,644,405.80[6] - Net profit for Q1 2017 reached CNY 120,646,521.56, representing a 18.5% increase from CNY 101,747,983.90 in Q1 2016[28] - The net profit attributable to shareholders of the parent company was CNY 103,644,405.80, up 11.5% from CNY 92,933,328.70 in the previous year[28] - The company's operating profit for Q1 2017 was approximately ¥153.6 million, an increase of 34% compared to ¥114.6 million in the same period last year[32] - The net profit for Q1 2017 reached ¥142.4 million, up 34.5% from ¥105.8 million in Q1 2016[32] Assets and Liabilities - Total assets increased by 6.51% to CNY 6,795,833,093.25 compared to the end of the previous year[6] - The company's total liabilities increased to 2,216,334,426.18 from 1,877,432,639.17, indicating a rise in financial obligations[21] - Total assets as of the end of Q1 2017 amounted to CNY 6,176,115,655.44, compared to CNY 5,647,996,841.01 at the end of Q1 2016, reflecting a growth of 9.3%[25] - Total liabilities for Q1 2017 were CNY 1,919,471,858.77, an increase of 25.1% from CNY 1,533,730,062.04 in Q1 2016[25] - The company's total equity reached CNY 4,256,643,796.67, up 3.5% from CNY 4,114,266,778.97 in the same period last year[25] Cash Flow - Net cash flow from operating activities decreased by 23.80% to CNY 98,455,565.35[6] - Cash flow from operating activities generated a net amount of ¥98.5 million, a decrease of 23.7% from ¥129.2 million in the previous year[34] - Cash inflows from operating activities of approximately ¥1.47 billion, compared to ¥1.15 billion in the same period last year, reflecting a growth of 28.4%[34] - Cash outflows for operating activities totaled approximately ¥1.37 billion, an increase of 35% from ¥1.02 billion in Q1 2016[34] Shareholder Information - The number of shareholders reached 35,311 at the end of the reporting period[9] - Minority shareholders' profit increased by 92.88% to 17,002,115.76, reflecting higher profits from subsidiaries[14] Operating Costs and Expenses - Operating costs increased by 32.98% to CNY 1,524,534,026.88, driven by higher raw material costs[13] - Business tax and additional charges surged by 108.80% to CNY 20,899,692.69 due to new financial regulations[13] - Income tax expenses increased by 33.02% to 25,772,524.72, attributed to expanded revenue scale and increased profits[14] Other Financial Metrics - The weighted average return on equity improved by 0.11 percentage points to 2.38%[6] - Basic earnings per share for Q1 2017 were CNY 0.1680, compared to CNY 0.1507 in Q1 2016, indicating a growth of 10.9%[29] - The company reported an investment income of CNY 6,952,473.11 for Q1 2017, slightly up from CNY 6,812,958.91 in the previous year[28] Inventory and Receivables - Accounts receivable increased by 69.82% to CNY 346,848,893.35 due to an increase in bank acceptance bills[12] - Prepayments rose by 66.89% to CNY 124,552,510.51 as a result of increased material payments[12] - The company’s inventory increased to CNY 732,669,553.31 in Q1 2017, up from CNY 693,784,614.77 in Q1 2016, reflecting a growth of 5.6%[25] Cash Management - Cash received from tax refunds reached 25,945,222.14, a significant increase of 108.92% compared to 12,418,581.95, mainly due to increased export tax rebates[15] - Cash received from other operating activities increased by 59.90% to 6,607,874.15, primarily due to higher subsidies received[15] - Cash paid for purchasing goods and services rose by 41.79% to 984,963,243.84, driven by increased procurement volume and costs[15]