Daqin Railway(SH:601006)2018-04-27 16:00Financial Performance - Total revenue for Q1 2018 reached CNY 17,973,277,434, an increase of 44.35% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 4,096,595,497, reflecting a year-on-year growth of 29.59%[5] - Net profit for Q1 2018 was CNY 4,252,796,915, an increase of 31.0% compared to CNY 3,245,706,570 in the same period last year[28] - Operating profit rose to CNY 5,462,496,440, up 32.5% from CNY 4,122,988,951 year-over-year[28] - Basic earnings per share improved by 33.33% to CNY 0.28[5] - Earnings per share (EPS) for Q1 2018 was CNY 0.28, compared to CNY 0.21 in the previous year, reflecting a 33.3% increase[26] - The total comprehensive income for the period was CNY 4,252,796,915, reflecting the same net profit figure[28] Cash Flow and Liquidity - Operating cash flow for the period was CNY 2,934,390,602, down 5.26% from the previous year[5] - Cash flow from operating activities generated a net amount of CNY 2,934,390,602, a decrease of 5.3% from CNY 3,097,364,355 in the previous year[30] - Cash inflow from investment activities was CNY 2,444,301,060, significantly higher than CNY 1,279,372,538 in the same period last year[31] - The company reported a cash flow from financing activities net amount of CNY 67,969,700, down from CNY 170,324,435 in the previous year[31] - The company maintained a strong liquidity position with total current assets of CNY 26,494,294,758, up from CNY 23,604,758,490 in the previous year[22] - Total cash and cash equivalents at the end of the period reached CNY 15,552,446,041, an increase of 4.9% from CNY 14,829,480,833 at the end of the previous year[31] Assets and Liabilities - Total assets increased by 3.01% to CNY 131,526,717,699 compared to the end of the previous year[5] - The total assets of the company reached ¥131,526,717,699, up from ¥127,686,513,130, reflecting a growth of approximately 3.0%[18] - The company's total liabilities decreased slightly to ¥26,507,061,718 from ¥26,775,583,993, a reduction of about 1.0%[18] - Total liabilities decreased slightly to CNY 18,668,452,286 from CNY 18,909,321,789 year-over-year[22] - The company's total equity increased to CNY 105,440,655,628, compared to CNY 101,149,094,937 in the previous year, marking a growth of 4.3%[22] Investments and Growth - The company reported a significant increase in cash received from the disposal of fixed assets, which rose by 238% to ¥14,887,502[12] - The company has implemented a new settlement method for railway freight transport, which is expected to positively impact revenue and costs[13] - The company is focusing on expanding its market presence and enhancing operational efficiency through new strategies[13] - The company reported a 51% increase in construction in progress, totaling CNY 2,724,180,803, driven by ongoing engineering projects[11] - The company's long-term investments increased to ¥20,830,073,817 from ¥20,059,833,772, marking a growth of approximately 3.8%[16] Shareholder Information - The number of shareholders at the end of the reporting period was 149,498[10] - The company did not report any significant new product developments or market expansions during this quarter[11] - The company has not reported any significant changes in its cumulative net profit forecast for the year[13] Operating Costs - Total operating costs amounted to CNY 13,544,587,227, up 48.1% from CNY 9,148,370,329 year-over-year[25] - The company reported a decrease in financial expenses to CNY 91,771,196 from CNY 181,466,699 year-over-year, indicating improved cost management[25] - Revenue from sales of goods and services amounted to CNY 10,277,961,614, an increase of 4.2% compared to CNY 9,867,668,110 in the previous year[30]