SMC(SH:600823)2017-04-28 16:00Financial Performance - Operating revenue for the reporting period was CNY 2,618,594,322.56, a slight decrease of 0.21% year-on-year[6]. - Net profit attributable to shareholders was CNY 238,874,888.62, representing a decline of 6.26% compared to the same period last year[6]. - Basic and diluted earnings per share remained stable at CNY 0.09[6]. - The company reported non-recurring gains and losses totaling CNY 7,546,174.02 for the period[9]. - The net profit for the same period was RMB 398 million, representing a year-on-year increase of 38.70%[12]. - The net profit attributable to the parent company reached RMB 246 million, with a slight year-on-year increase of 0.67%[12]. - Total revenue for Q1 2017 was CNY 2,618,594,322.56, slightly down from CNY 2,624,068,492.07 in the previous period, indicating a decrease of approximately 0.17%[26]. - Operating profit for Q1 2017 was CNY -179,157,421.99, slightly improved from CNY -183,971,902.72 in the same period last year[30]. - Net profit for Q1 2017 was CNY -126,551,470.06, compared to CNY -137,280,963.92 in the previous year, indicating a reduction in losses[31]. - Comprehensive income for Q1 2017 totaled CNY -133,882,720.06, an improvement from CNY -147,034,713.92 in the same quarter last year[31]. - The total profit for Q1 2017 was CNY -167,315,572.21, an improvement from CNY -183,687,161.07 in the previous year[31]. Cash Flow - Cash flow from operating activities showed an improvement, with a net cash outflow of CNY 244,200,517.23, significantly better than the outflow of CNY 1,760,439,474.11 in the previous year, an improvement of 86.13%[6]. - The company reported a decrease in cash flow from operating activities, with cash received from sales at CNY 2,305,126,452.44, down from CNY 2,860,943,242.61 in the previous year, a decline of approximately 19.4%[33]. - The net cash flow from operating activities was -244,200,517.23 RMB, an improvement from -1,760,439,474.11 RMB in the previous year[34]. - Total cash inflow from operating activities was 5,835,029,044.16 RMB, compared to 4,763,187,492.19 RMB in the same period last year, indicating a year-over-year increase of approximately 22.4%[34]. - Cash outflow from operating activities totaled 6,079,229,561.39 RMB, down from 6,523,626,966.30 RMB, reflecting a decrease of about 6.8%[34]. - The net cash flow from investing activities was -294,358,018.47 RMB, a significant decline from 300,805,406.58 RMB in the previous year[34]. - Cash inflow from financing activities was 1,843,690,000.00 RMB, compared to 7,173,600,000.00 RMB in the previous year, representing a decrease of approximately 74.3%[35]. - The total cash outflow from financing activities was 2,325,561,409.09 RMB, down from 3,564,278,741.76 RMB, indicating a reduction of about 34.7%[35]. - The ending cash and cash equivalents balance was 7,379,122,186.80 RMB, a decrease from 9,264,123,403.40 RMB in the previous year[35]. - The company reported a cash inflow from sales and services of 6,139,447.80 RMB, up from 5,127,979.72 RMB, marking an increase of approximately 19.7%[36]. - The net cash flow from operating activities for the parent company was 10,311,462.00 RMB, a recovery from a negative cash flow of -924,764,295.46 RMB in the previous year[36]. - The cash outflow for purchasing goods and services was 992,021.92 RMB, compared to 326,560.48 RMB, reflecting an increase of about 203.5%[36]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 79,369,176,916.30, a decrease of 0.73% compared to the end of the previous year[6]. - Total assets amounted to CNY 79,369,176,916.30, down from CNY 79,949,561,271.87, representing a decrease of approximately 0.73%[20]. - Non-current assets totaled CNY 32,615,557,869.08, an increase from CNY 32,419,735,159.10, reflecting a growth of about 0.61%[20]. - Current liabilities decreased to CNY 35,644,199,570.78 from CNY 36,958,146,756.99, a reduction of about 3.56%[20]. - Total liabilities were CNY 49,140,424,087.40, down from CNY 50,134,324,140.37, indicating a decrease of approximately 1.98%[21]. - Owner's equity increased to CNY 30,228,752,828.90 from CNY 29,815,237,131.50, reflecting an increase of about 1.38%[21]. - Cash and cash equivalents decreased to CNY 1,568,890,725.36 from CNY 2,194,986,707.69, a decline of approximately 28.5%[23]. - The company reported accounts receivable of CNY 11,722,798.24, up from CNY 10,957,302.12, indicating an increase of about 7%[23]. - The total non-current liabilities rose to CNY 13,496,224,516.62 from CNY 13,176,177,383.38, an increase of approximately 2.43%[21]. - The company’s retained earnings increased to CNY 11,294,725,133.65 from CNY 11,048,304,071.01, reflecting a growth of about 2.23%[21]. Shareholder Information - The total number of shareholders at the end of the reporting period was 47,128[10]. - The largest shareholder, Peak Win International Limited, held 1,171,800,000 shares, accounting for 43.73% of the total shares[10]. Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in this report[4]. - The company signed contracts worth RMB 3.4 billion, marking a 2% increase year-on-year, while the contracted area decreased by 18% to 140,000 square meters[12]. - The average signing price was RMB 23,800 per square meter[12]. - The company achieved 20% of its annual sales target by the end of March 2017[13]. - Financial expenses rose by 51.91% to RMB 10.50 million, mainly due to interest expenses being capitalized[14]. - Total operating revenue for Q1 2017 was CNY 7,802,540.62, an increase from CNY 4,505,124.13 in the previous year, representing a growth of approximately 73.5%[30].