SYP(SH:600819)2016-04-28 16:00Financial Performance - Operating revenue rose by 21.73% to CNY 695,967,410.79 year-on-year[7] - Net profit attributable to shareholders was CNY 4,483,509.01, a significant recovery from a loss of CNY 42,413,691.30 in the same period last year[7] - Operating profit improved significantly, with a total profit of RMB 5,480,469.32 compared to a loss of RMB 48,678,127.19 in the same period last year[13] - Investment income surged by 240.76% to RMB 30,552,306.10, driven by increased financial management returns[13] - Net profit reached RMB 225,538.82, a substantial recovery from a loss of RMB 50,655,738.98 in the previous year[13] - Total operating revenue for Q1 2016 was CNY 695,967,410.79, an increase of 21.8% compared to CNY 571,721,286.62 in the same period last year[23] - Net profit for Q1 2016 was CNY 225,538.82, a significant improvement from a net loss of CNY 50,655,738.98 in Q1 2015[24] - The operating profit for the quarter was CNY 2,515,163.54, compared to a loss of CNY 14,395,113.19 in Q1 2015[26] Asset and Liability Management - Total assets increased by 6.95% to CNY 8,772,547,682.02 compared to the end of the previous year[7] - The company reported a 117.30% increase in other current assets, attributed to increased financial investments[11] - The company’s other current liabilities increased by 40.05% to CNY 1,399,966,666.64 due to the issuance of short-term financing bonds[12] - The company’s deferred income tax liabilities decreased by 53.12% to CNY 15,919,435.80, reflecting a reduction in deferred tax liabilities from changes in fair value of available-for-sale financial assets[12] - Total assets grew to RMB 8,772,547,682.02, up from RMB 8,202,652,242.14 at the beginning of the year[18] - Current liabilities increased to RMB 4,485,072,222.57, compared to RMB 3,866,146,353.33 at the start of the year, indicating higher short-term financial obligations[18] - The total equity attributable to shareholders of the parent company was CNY 2,949,365,434.05, slightly up from CNY 2,943,106,430.43 at the beginning of the year[22] Cash Flow Analysis - Net cash flow from operating activities increased by 69.60% to CNY 58,684,321.32 compared to the previous year[7] - Cash flow from operating activities increased by 69.60% to RMB 58,684,321.32, attributed to enhanced bill settlement and faster receivables collection[14] - Cash received from the disposal of fixed assets rose dramatically by 863.43% to RMB 10,482,933.37, indicating improved asset management[14] - Cash paid for investments increased by 117.20% to RMB 1,010,000,000.00, reflecting a strategic focus on financial investments[14] - The company recorded an investment income of CNY 30,552,306.10, compared to CNY 8,965,954.28 in the previous year[24] - The company reported a net cash flow from operating activities of CNY 58,684,321.32, an increase from CNY 34,601,015.01 in the previous year[30] - Investment activities resulted in a net cash outflow of CNY -820,739,146.82, compared to CNY -83,840,737.39 in the previous year[30] Shareholder Information - The number of shareholders reached 52,744, with the top ten shareholders holding a combined 78.22% of shares[8] - The largest shareholder, Shanghai Building Materials Group Co., Ltd., holds 27.69% of shares[8] Financial Position - The company maintained a strong liquidity position with cash and cash equivalents totaling RMB 398,513,608.36[17] - The company’s long-term investments in fixed assets amounted to RMB 3,112,340,652.79, reflecting ongoing capital expenditures[18] - The company’s cash and cash equivalents decreased to CNY 109,075,469.80 from CNY 167,635,557.30[20] - Cash inflow from financing activities amounted to $1,929,175,000.00, up 91.73% from $999,250,000.00 in the last period[36] - The ending cash and cash equivalents balance was $103,286,666.41, down from $541,622,134.31 in the previous period[36]