CQGAS(SH:600917)2017-04-27 16:00Financial Performance - Net profit attributable to shareholders rose slightly by 0.13% to CNY 95,036,279.36 year-on-year[7] - Operating revenue decreased by 1.50% to CNY 1,411,654,713.60 compared to the same period last year[7] - Net profit for Q1 2017 reached CNY 94,225,834.75, slightly up from CNY 94,107,452.38 in Q1 2016, indicating a marginal increase of 0.1%[29] - The total comprehensive income attributable to the parent company was ¥95,036,279.36, compared to ¥94,916,530.95 in the previous year[30] - The operating profit for Q1 2017 was CNY 101,752,127.71, a decrease of 1.7% from CNY 103,554,863.10 in the same period last year[29] Assets and Liabilities - Total assets increased by 2.58% to CNY 8,293,910,311.48 compared to the end of the previous year[7] - The total assets amounted to RMB 8,293,910,311.48, up from RMB 8,085,691,494.89, indicating an increase of approximately 2.6%[22] - The company’s total liabilities reached RMB 4,185,968,394.19, compared to RMB 4,087,721,565.09 at the beginning of the year, marking an increase of around 2.4%[22] - Total liabilities for Q1 2017 were CNY 3,943,977,270.57, compared to CNY 3,865,117,807.81 in the same period last year, reflecting an increase of 2.0%[26] - Current liabilities totaled CNY 2,906,004,854.93, up from CNY 2,825,472,657.07 year-over-year, representing a rise of 2.9%[26] Cash Flow - Net cash flow from operating activities dropped significantly by 44.34% to CNY 100,037,791.51 due to increased prepayments for gas purchases[7] - The net cash flow from operating activities was ¥100,037,791.51, down 44.2% from ¥179,739,275.38 in the previous year[32] - Net cash flow from operating activities was $160,255,680.64, down from $165,969,534.28, reflecting a decline of 4.3%[34] - Cash paid for taxes decreased significantly to $34,005,864.41 from $73,513,702.96, a drop of 53.8%[34] Shareholder Information - The number of shareholders reached 44,947 at the end of the reporting period[10] - The largest shareholder, Chongqing Energy Investment Group, holds 66.48% of the shares[10] Investments - Investment income fell by 34.06% to CNY 6,456,737.92 due to decreased returns from investments in Sinopec pipeline company[13] - The company reported an investment income of CNY 6,456,737.92, down from CNY 9,791,282.35 year-over-year, reflecting a decline of 34.0%[29] Other Financial Metrics - The weighted average return on equity decreased by 0.11 percentage points to 2.58%[7] - The cash and cash equivalents decreased slightly to RMB 1,895,555,128.86 from RMB 1,914,477,594.06, a decline of approximately 1.4%[20] - The accounts receivable increased to RMB 306,710,022.61 from RMB 255,864,321.01, reflecting a growth of about 19.9%[20] - The company’s inventory increased to RMB 89,015,667.62 from RMB 80,348,640.58, indicating a growth of approximately 10.5%[20] - The company is currently involved in multiple ongoing lawsuits with total claimed amounts of approximately RMB 9,400,000, which may impact future profits[15]