SA(SH:601021)2018-04-27 16:00Financial Performance - Net profit attributable to shareholders rose by 346.90% to CNY 389.46 million compared to the same period last year[6]. - Operating revenue grew by 25.63% to CNY 3.23 billion year-on-year[6]. - Basic and diluted earnings per share increased by 21.05% to CNY 0.46[6]. - Operating profit for Q1 2018 was CNY 508,128,910, significantly up from CNY 119,478,460 in Q1 2017[33]. - Net profit for Q1 2018 was CNY 385,499,896, compared to CNY 303,256,022 in the previous year, reflecting a growth of 27.1%[33]. - The total profit for Q1 2018 was CNY 465,249,191, compared to CNY 373,939,657 in Q1 2017, reflecting a growth of 24.4%[35]. - The company’s operating profit for Q1 2018 was CNY 465,188,339, significantly higher than CNY 92,559,130 in the previous year[34]. Assets and Liabilities - Total assets increased by 19.09% to CNY 24.54 billion compared to the end of the previous year[6]. - Total assets increased to CNY 26,021,296,792 from CNY 22,188,640,864 at the beginning of the year, marking a growth of 17.5%[31]. - Total liabilities amounted to CNY 14,002,489,667, slightly up from CNY 13,982,167,698 at the start of the year[31]. - The company's equity increased to CNY 12,018,807,125 from CNY 8,206,473,166, indicating a growth of 46.5%[31]. Cash Flow - Cash flow from operating activities improved significantly to CNY 546.03 million, compared to a negative cash flow of CNY 15.38 million in the previous year[6]. - Cash flow from operating activities generated a net amount of CNY 546,026,903, compared to a negative cash flow of CNY -15,381,285 in the previous year[36]. - The net cash flow from investing activities decreased to -¥3,207,377,003 from ¥212,258,883, primarily due to increased structured deposits[27]. - The net cash flow from financing activities increased to ¥3,658,606,856 from -¥221,521,487, attributed to the completion of a private placement[27]. - The company reported a significant increase in cash inflow from financing activities, totaling CNY 4,394,699,064, compared to CNY 1,222,281,993 in the same period last year[39]. Shareholder Information - The total number of shareholders reached 22,821 by the end of the reporting period[10]. - The largest shareholder, Shanghai Spring International Travel Service (Group) Co., Ltd., holds 54.97% of the shares[10]. Government Subsidies and Financial Adjustments - The company reported government subsidies of CNY 189.06 million, with CNY 184.33 million classified as recurring profits[7]. - The company has made adjustments to its financial reporting, particularly in the classification of non-recurring profits, affecting the comparability of certain metrics[7]. Other Financial Metrics - The weighted average return on equity decreased by 0.13 percentage points to 3.93%[6]. - The company reported a significant decrease in financial expenses by 58.25%, down to ¥36,126,606 from ¥86,531,185[27]. - The company’s financial expenses decreased to CNY 66,362,845 from CNY 120,267,670 in the previous year, indicating improved cost management[34]. Receivables and Investments - Accounts receivable interest rose by 94.03%, reaching ¥15,948,977 compared to ¥8,219,739 in the previous period[27]. - Other receivables surged by 119.84%, totaling ¥3,696,954,020, up from ¥1,681,619,873[27]. - Construction in progress increased by 59.33%, amounting to ¥2,771,025,316 from ¥1,739,137,001[27]. - The capital reserve grew significantly by 215.16%, reaching ¥4,896,914,910 compared to ¥1,553,800,125[27]. - The company received CNY 3,459,432,498 from investment activities, marking a strong capital inflow[39].