ENN-NG(SH:600803)2018-04-26 16:00Financial Performance - Operating revenue for the period reached CNY 2.94 billion, a 65.93% increase compared to the same period last year[6] - Net profit attributable to shareholders rose by 88.40% to CNY 344.22 million year-on-year[6] - Basic earnings per share increased by 68.42% to CNY 0.32[6] - Net profit for the period increased by 84.84% to approximately CNY 373.29 million, attributed to significant growth in energy engineering business and rising product prices[20] - Total operating revenue for Q1 2018 reached ¥2,941,175,383.31, a 66.5% increase from ¥1,772,497,200.85 in the same period last year[46] - Net profit for Q1 2018 was ¥373,288,598.90, representing an 84.5% increase compared to ¥201,953,297.07 in Q1 2017[47] - Investment income surged by 148.43% to approximately CNY 94.79 million, mainly from increased returns from key associates Santos and Xineng Tengzhou[19] - Investment income for Q1 2018 was ¥94,789,612.85, significantly higher than ¥38,156,134.00 in Q1 2017[47] Assets and Liabilities - Total assets increased by 9.15% to CNY 23.53 billion compared to the end of the previous year[6] - Total current assets increased to ¥7,886,920,632.09 from ¥6,116,785,226.12, representing a growth of approximately 29%[38] - Total non-current assets amounted to ¥15,640,932,384.10, up from ¥15,437,843,523.78, indicating a growth of approximately 1.3%[39] - Total liabilities decreased to ¥15,057,066,023.94 from ¥15,653,344,025.84, a reduction of about 3.8%[40] - Total liabilities increased to ¥6,445,668,538.85 from ¥4,006,620,514.70, reflecting a 60.5% rise year-over-year[44] - Total equity rose to ¥8,470,786,992.25 from ¥5,901,284,724.06, representing an increase of about 43%[40] - Total equity rose to ¥5,786,017,073.37, up from ¥3,602,737,032.97, marking a 60.7% increase[44] Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of CNY 171.10 million, down 190.69% year-on-year[6] - Cash received from sales of goods and services increased by 38.74% to approximately CNY 2.57 billion, driven by higher sales in methanol, coal, and agricultural products[21] - Cash flow from operating activities was ¥2,569,795,875.74, compared to ¥1,852,225,910.05 in the previous year, indicating a 38.6% increase[52] - Cash inflow from financing activities reached 4,031,189,004.20 RMB, a substantial increase from 383,213,700.00 RMB in the previous period, driven by increased borrowing and investment[54] - The net cash flow from financing activities increased by 2.176 billion yuan compared to the same period last year, primarily due to funds raised from a rights issue[26] Shareholder Information - The number of shareholders reached 32,283, with the largest shareholder holding 31.04% of the shares[10] - The company confirmed an investment income of 59,025,434.33 yuan from its 10.07% equity stake in Santos for the first quarter of 2018, based on a financial model using Santos' publicly disclosed data[31] Operational Costs - Operating costs rose by 77.71% to approximately CNY 2.27 billion, primarily due to increased costs in methanol, coal trading, and energy engineering businesses[19] - Total operating costs amounted to ¥2,602,928,771.10, up 66.5% from ¥1,564,721,911.83 year-over-year[47] Investment Activities - Cash received from capital contributions increased by 2.243 billion yuan compared to the same period last year, mainly due to funds raised from a rights issue[24] - Cash received from borrowings increased by 1275% year-on-year, primarily due to long-term loans received from Citic Bank and the Export-Import Bank, as well as increased working capital loans[25] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets increased by 117.13% year-on-year, mainly due to increased investment expenditures for the 200,000 tons/year stable light hydrocarbon project by the new energy subsidiary[24]