YILI(SH:600887)2016-04-29 16:00Financial Performance - Operating revenue for the period was CNY 15,225,128,360.99, a 2.61% increase from the same period last year[7] - Net profit attributable to shareholders rose by 19.26% to CNY 1,553,738,790.59 compared to the previous year[7] - Basic earnings per share increased by 23.81% to CNY 0.26 per share[7] - Total operating revenue for Q1 2016 was CNY 15,326,118,457.46, an increase of 2.23% compared to CNY 14,992,235,739.64 in Q1 2015[30] - Net profit for Q1 2016 reached CNY 1,556,893,471.50, representing a growth of 18.83% from CNY 1,310,314,839.85 in the same period last year[31] - Operating profit for the quarter was CNY 1,663,939,831.25, up from CNY 1,479,848,822.75, indicating a year-on-year increase of 12.43%[30] - The total comprehensive income for Q1 2016 was CNY 1,570,394,545.08, an increase from CNY 1,312,951,317.43 in Q1 2015[31] Assets and Liabilities - Total assets increased by 0.84% to CNY 39,964,321,805.60 compared to the end of the previous year[7] - Total liabilities decreased to RMB 18,248,028,349.07 from RMB 19,485,051,941.45, indicating a reduction of approximately 6.35%[25] - Current assets totaled RMB 20,112,690,571.51, up from RMB 19,786,152,407.02, reflecting an increase of about 1.64%[24] - Non-current assets totaled RMB 19,851,631,234.09, slightly up from RMB 19,844,815,841.48, indicating a marginal increase[24] - Total equity increased to RMB 21,716,293,456.53 from RMB 20,145,916,307.05, representing an increase of approximately 7.78%[25] Cash Flow - Cash flow from operating activities decreased by 55.05% to CNY 966,431,060.39 compared to the same period last year[7] - Net cash flow from operating activities decreased by 55.05% to ¥966,431,060.39, influenced by increases in accounts receivable, prepaid accounts, and inventory[17][18] - Cash inflow from operating activities amounted to CNY 16,256,595,109.92, an increase from CNY 15,758,934,666.40 in the previous period, representing a growth of approximately 3.15%[39] - The net cash flow from operating activities was CNY 769,278,138.08, significantly higher than CNY 415,676,870.71 in the same period last year, indicating a year-over-year increase of about 84.93%[39] - The ending balance of cash and cash equivalents was CNY 5,909,912,694.13, down from CNY 8,861,354,545.39, representing a decrease of approximately 33.4%[39] Shareholder Information - The total number of shareholders reached 335,207 by the end of the reporting period[9] - The top shareholder, Hohhot Investment Co., Ltd., holds 533,330,826 shares, accounting for 8.79% of total shares[9] Investment and Income - Investment income surged by 1564.84% to ¥11,825,724.93, driven by increased cash dividends from the Mianyang Science and Technology City Industrial Investment Fund[13][14] - Operating income from non-operating activities rose by 202.42% to ¥177,235,602.73, mainly due to increased government subsidies received[13][14] - The company reported a significant increase in investment income, which rose to CNY 11,825,724.93 from CNY 710,320.33, showing a substantial growth[30] - The investment income increased to ¥10,916,820.35 from ¥4,800,731.61, reflecting improved performance in joint ventures[34] Tax and Financial Expenses - Tax payable increased by 58.15% to CNY 582,007,292.40 primarily due to higher corporate income tax and VAT[12] - Interest income decreased by 34.28% to ¥100,990,096.47 compared to ¥153,664,373.42 in the same period last year, primarily due to the continuous decline in interest rates[13][14] - Financial expenses decreased significantly by 83.71% to ¥17,130,682.54, attributed to lower borrowing rates and a reduced average balance of loans[13][14]