CQGAS(SH:600917)2016-04-28 16:00Financial Performance - Net profit attributable to shareholders increased by 13.14% to CNY 94,916,530.95 year-on-year[7] - Operating revenue decreased by 7.13% to CNY 1,433,129,167.94 compared to the same period last year[7] - Basic and diluted earnings per share both increased by 20.00% to CNY 0.06[7] - The company reported a profit margin increase due to a reduction in non-residential gas prices, which did not significantly affect gross profit[12] - Total operating revenue for Q1 2016 was CNY 1,433,129,167.94, a decrease of 7.13% compared to CNY 1,543,203,287.34 in the same period last year[26] - Net profit for Q1 2016 reached CNY 94,107,452.38, an increase of 8.25% compared to CNY 86,876,132.31 in Q1 2015[27] - The total comprehensive income attributable to the parent company was ¥94,916,530.95, compared to ¥83,893,591.77 in the previous year, reflecting a growth of 13.5%[28] - The basic and diluted earnings per share for Q1 2016 were both ¥0.06, up from ¥0.05 in Q1 2015[28] Cash Flow - Net cash flow from operating activities surged by 147.88% to CNY 179,739,275.38 compared to the previous year[7] - The net cash flow from operating activities was ¥179,739,275.38, significantly higher than ¥72,510,386.03 in Q1 2015, marking an increase of 147.5%[34] - The net cash flow from operating activities increased to $165,969,534.28, compared to $46,906,609.70 in the previous period, representing a significant improvement[36] - Cash inflow from operating activities totaled $1,116,807,214.63, down from $1,235,364,745.00, indicating a decrease of approximately 9.6%[36] - Cash outflow from operating activities decreased to $950,837,680.35 from $1,188,458,135.30, reflecting a reduction of about 19.9%[36] Assets and Liabilities - Total assets increased by 1.39% to CNY 8,021,595,348.20 compared to the end of the previous year[7] - As of March 31, 2016, the total assets of Chongqing Gas Group Co., Ltd. amounted to CNY 8,021,595,348.20, an increase from CNY 7,911,360,552.90 at the beginning of the year[18] - The company's cash and cash equivalents increased to CNY 2,171,334,921.55 from CNY 2,146,402,605.57 at the beginning of the year, reflecting a growth of approximately 1.16%[18] - The total current liabilities decreased to CNY 2,072,290,411.74 from CNY 2,104,797,243.86, a reduction of approximately 1.55%[19] - The total liabilities of the company were CNY 4,099,586,442.00, which is a decrease from the previous total[19] - Total liabilities as of March 31, 2016, were CNY 3,747,567,533.13, an increase from CNY 3,667,613,394.69 at the start of the year[24] Shareholder Information - The number of shareholders reached 32,401, with the largest shareholder holding 66.48% of the shares[10] - The company has committed to various shareholder promises, which have been strictly fulfilled as of the reporting date[16] - The company has maintained a stable dividend policy, with retained earnings increasing to CNY 796,684,991.42 from CNY 701,768,460.47[24] Operational Efficiency - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[27] - Significant changes in financial indicators included a 51.06% decrease in interest receivables and a 30.66% increase in employee compensation payable[12] - The company's inventory increased slightly to CNY 110,372,094.45 from CNY 108,297,263.70, an increase of approximately 1.92%[18] - The company's long-term borrowings increased to CNY 197,245,117.35 from CNY 176,711,939.51, reflecting a growth of approximately 11.88%[19]