CQGAS(SH:600917)2018-04-27 16:00Financial Performance - Net profit attributable to shareholders increased by 12.73% to CNY 107,136,577.12 year-on-year[6] - Operating revenue rose by 14.51% to CNY 1,616,545,680.69 compared to the same period last year[6] - Net profit for Q1 2018 reached CNY 106,972,691.26, representing a 13.3% increase from CNY 94,225,834.75 in Q1 2017[26] - Operating profit for Q1 2018 was CNY 51,295,118.09, up from CNY 43,852,040.92 in the same period last year, reflecting a growth of 16.5%[29] - The total comprehensive income for Q1 2018 was CNY 46,413,454.88, up from CNY 40,872,815.33 in Q1 2017, reflecting a growth of 13.0%[29] Assets and Liabilities - Total assets increased by 3.00% to CNY 8,490,572,678.95 compared to the end of the previous year[6] - The company's total assets reached CNY 8,490,572,678.95 at the end of Q1 2018, up from CNY 8,243,091,647.60 at the beginning of the year, marking a growth of about 3.0%[19] - The total liabilities of the company were CNY 4,225,318,589.57 as of March 31, 2018, compared to CNY 4,089,370,094.05 at the beginning of the year, reflecting an increase of approximately 3.3%[19] - The company's total equity amounted to CNY 4,265,254,089.38 at the end of Q1 2018, compared to CNY 4,153,721,553.55 at the beginning of the year, indicating an increase of about 2.7%[19] Cash Flow - Net cash flow from operating activities surged by 119.56% to CNY 219,639,523.66 year-on-year, driven by increased gas sales[11] - The net cash flow from operating activities for Q1 2018 was CNY 219,639,523.66, significantly higher than CNY 100,037,791.51 in Q1 2017, marking a 119.9% increase[31] - The total cash inflow from operating activities in Q1 2018 was CNY 1,809,922,081.54, an increase from CNY 1,775,267,710.49 in Q1 2017, showing a growth of 1.9%[31] - The net cash flow from investing activities for Q1 2018 was -CNY 134,020,216.59, slightly improved from -CNY 138,960,256.71 in Q1 2017[32] - The net cash flow from financing activities for Q1 2018 was -CNY 18,736,490.97, compared to CNY 20,000,000.00 in Q1 2017[32] Shareholder Information - The number of shareholders reached 44,111 at the end of the reporting period[9] - The largest shareholder, Chongqing Energy Investment Group Co., Ltd., holds 51.48% of the shares[9] Legal Matters - The company is currently involved in a legal dispute with Chongqing Junfeng Real Estate Co., Ltd. over a compensation claim exceeding CNY 66 million[11] - The company achieved a first-instance victory in a civil lawsuit regarding a construction contract, with no impact on profits expected from the case[14] - The company has ongoing litigation related to construction contracts, with claims totaling over CNY 2,800,000[14] - The company continues to focus on maintaining its financial stability and growth amidst ongoing legal matters[14] Investment Income - Investment income increased by 54.14% to CNY 9,952,453.53 due to improved profitability of associated companies[11] - The company reported an investment income of CNY 9,952,453.53, which increased from CNY 6,456,737.92 in Q1 2017[26] Inventory and Current Assets - The company reported a total current asset balance of CNY 2,482,841,734.70 as of March 31, 2018, an increase from CNY 2,373,908,366.44 at the beginning of the year, representing a growth of approximately 4.6%[17] - The total current assets amounted to CNY 2,235,566,542.14, slightly up from CNY 2,213,045,849.78, indicating a growth of 1.0%[22] - Inventory increased to CNY 56,087,536.90 from CNY 46,400,624.14, reflecting a growth of 20.0%[22] Earnings Per Share - Basic earnings per share for Q1 2018 were CNY 0.07, compared to CNY 0.06 in the same quarter last year[27] - The basic earnings per share for Q1 2018 was CNY 0.07, compared to CNY 0.06 in Q1 2017, representing a 16.7% increase[29]