CYPC(SH:600900)2017-04-28 16:00Financial Performance - Operating revenue for the first quarter was ¥7.85 billion, a slight increase of 0.26% year-on-year[7]. - Net profit attributable to shareholders was ¥2.71 billion, representing a significant increase of 23.48% compared to the same period last year[7]. - Basic earnings per share rose to ¥0.1231, up 23.48% from ¥0.0997 in the previous year[7]. - Total revenue for Q1 2017 was CNY 7,854,916,027.23, a slight increase from CNY 7,834,908,892.59 in the previous period[26]. - Net profit for Q1 2017 reached CNY 2,709,115,680.69, up from CNY 2,322,023,430.59 year-over-year[26]. - Operating revenue for the current period is CNY 3,684,715,990.62, a decrease of 16.1% compared to CNY 4,391,360,127.86 in the previous period[29]. - Net profit for the current period is CNY 1,431,580,566.62, down 23.7% from CNY 1,876,344,294.61 in the previous period[30]. - Total profit for the current period is CNY 1,838,102,166.84, a decline of 24.6% compared to CNY 2,436,832,822.16 in the previous period[30]. Cash Flow - Cash flow from operating activities for the quarter was ¥5.74 billion, a decrease of 5.43% compared to ¥6.07 billion in the same period last year[7]. - The net cash flow from operating activities decreased by CNY 330 million compared to the same period last year, mainly due to a reduction in tax refunds received[13]. - Cash flow from operating activities is CNY 5,735,602,903.82, down 5.4% from CNY 6,065,200,015.32 in the previous period[34]. - Cash flow from investing activities shows a net outflow of CNY 3,484,384,839.86, compared to a net outflow of CNY 1,039,819,594.59 in the previous period[34]. - Cash flow from financing activities results in a net outflow of CNY 1,953,755,950.10, an improvement from a net outflow of CNY 5,101,820,269.63 in the previous period[34]. - The cash and cash equivalents at the end of the period amount to CNY 3,662,983,895.10, compared to CNY 4,453,010,409.15 at the end of the previous period[34]. - The company received tax refunds amounting to CNY 525,251,786.19, down from CNY 816,038,787.41 in the previous period[33]. - Net cash flow from operating activities for Q1 2017 was approximately $2.56 billion, a decrease from $3.22 billion in the previous year[36]. - Net cash flow from investing activities was negative $3.29 billion, compared to negative $216.47 million in the same period last year[36]. - Cash inflow from financing activities amounted to $8.57 billion, while cash outflow was $7.70 billion, resulting in a net cash flow of $871.33 million[36]. - The ending cash and cash equivalents balance for Q1 2017 was approximately $1.16 billion, down from $3.86 billion at the end of the previous year[36]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥300.48 billion, an increase of 0.53% compared to the end of the previous year[7]. - The total number of shareholders reached 120,605 by the end of the reporting period[9]. - The largest shareholder, China Three Gorges Corporation, holds 57.92% of the shares, amounting to approximately 12.74 billion shares[10]. - Other receivables decreased by CNY 546 million compared to the end of the previous year, mainly due to the transfer of the deposit for the acquisition of the Three Gorges Water Conservancy equity to investment[11]. - Other current assets increased by CNY 2.207 billion compared to the end of the previous year, primarily due to an increase in short-term financial investments during the reporting period[12]. - Available-for-sale financial assets increased by CNY 2.026 billion, a growth of 28.47%, mainly due to increased investments during the reporting period[12]. - The total current assets amounted to CNY 11.285 billion, an increase from CNY 9.075 billion at the beginning of the year[18]. - The total liabilities amounted to CNY 168.877 billion, a slight decrease from CNY 170.369 billion at the end of the previous year[19]. - Short-term borrowings increased to CNY 23.92 billion from CNY 16.3 billion at the beginning of the year[19]. - Long-term borrowings decreased to CNY 20.351 billion from CNY 26.852 billion at the beginning of the year[19]. - The total equity attributable to the parent company increased to CNY 131.208 billion from CNY 128.199 billion at the beginning of the year[19]. - The company's total assets increased to CNY 178,070,244,867.42 from CNY 175,073,647,565.08 at the beginning of the year[23]. - Current assets totaled CNY 5,462,890,177.97, significantly higher than CNY 3,601,988,476.49 at the start of the year[22]. - Long-term equity investments rose to CNY 52,667,602,273.74 from CNY 51,559,153,167.61[22]. - The company’s total equity rose to CNY 120,340,044,425.17 from CNY 118,603,595,655.96[23]. Investment and Development - Non-recurring gains and losses for the period totaled ¥5.87 million[8]. - The company has not disclosed any new product developments or market expansion strategies in this report[6]. - Investment income for the current period is CNY 576,482,169.90, significantly higher than CNY 194,323,348.38 in the previous period[30]. - The company received investment income of approximately $386.69 million during the quarter[36]. - The company acquired fixed assets and other long-term assets, with cash payments totaling approximately $25 million[36].