西部矿业(601168) - 2017 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 140.67% to CNY 40.02 million, recovering from a loss of CNY 98.40 million in the same period last year[6] - Operating revenue slightly decreased by 0.42% to CNY 6.36 billion compared to CNY 6.38 billion in the previous year[6] - Basic and diluted earnings per share both improved to CNY 0.02, a 150% increase from -CNY 0.04 in the previous year[6] - The company reported a total of CNY 1,558,491,960 in inventory, up from CNY 1,255,376,462, reflecting an increase of about 24.1%[24] - Total operating revenue for the current period is CNY 6,357,233,700, a slight decrease of 0.42% from CNY 6,384,328,901 in the previous period[31] - Net profit for the current period is CNY 59,300,379, a significant recovery from a net loss of CNY 93,264,634 in the previous period[31] - The company reported an operating profit of CNY 118,530,007 compared to an operating loss of CNY 83,416,854 in the previous period[31] - The company’s total comprehensive income for the current period is CNY 72,834,581, recovering from a loss of CNY 86,347,914 in the previous period[32] Cash Flow - Net cash flow from operating activities improved by 43.14%, reaching -CNY 877.10 million, compared to -CNY 1.54 billion in the same period last year[6] - Cash flow from operating activities improved by 43% year-on-year, supported by a recovery in non-ferrous metal prices and increased sales of lead, zinc, and copper[15] - The cash flow from operating activities showed a net outflow of CNY 877,099,335, an improvement from a net outflow of CNY 1,542,543,871 in the previous period[39] - Cash inflow from borrowing was CNY 1,569,526,720, slightly up from CNY 1,520,000,000 in the previous year[42] - The net cash flow from financing activities was negative at CNY 337,166,988, an improvement from a negative CNY 684,732,459 in the previous year[42] Assets and Liabilities - Total assets decreased by 3.22% to CNY 31.13 billion compared to the end of the previous year[6] - Total current assets decreased from CNY 12,256,951,137 at the beginning of the year to CNY 10,930,431,684, a decline of approximately 10.8%[24] - Total liabilities decreased from CNY 19,001,009,899 to CNY 17,890,533,028, a decrease of about 5.9%[25] - Current liabilities decreased from CNY 13,919,689,096 to CNY 11,639,688,246, a reduction of approximately 16.4%[25] - Long-term borrowings increased from CNY 2,762,000,000 to CNY 3,608,526,720, an increase of about 30.6%[25] - Total non-current assets increased from CNY 19,909,357,163 to CNY 20,201,024,721, an increase of about 1.5%[24] Shareholder Information - The number of shareholders reached 199,092, indicating a stable shareholder base[8] - The largest shareholder, Western Mining Group Co., Ltd., holds 28.21% of the shares, with 672.30 million shares pledged[8] Expenses and Management - Management expenses decreased by 30% year-on-year, attributed to a reduction in construction loss compared to the previous year[14] - Financial expenses rose by 48% year-on-year, mainly due to the capitalization of certain construction projects[14] - The company’s financial expenses increased to CNY 77,803,915 from CNY 52,481,195, reflecting a rise of 48.3%[31] Other Financial Metrics - Significant increase in prepaid accounts by 70% to CNY 590.61 million, indicating potential future revenue[11] - Other current liabilities decreased by 65% to CNY 252.65 million, reflecting improved financial management[11] - Tax and additional fees surged by 801% year-on-year, primarily due to the inclusion of resource tax, property tax, and land use tax in this category[14] - Investment income improved by 38% year-on-year, driven by increased investment returns from financial products[14] - Cash flow from investing activities increased by 126% year-on-year, primarily due to the redemption of financial products by a subsidiary[15] - The company completed the acquisition of the remaining 49% equity in Qinghai Xianghe Nonferrous Metals Co., transforming it into a wholly-owned subsidiary[17] - The court ruled that Huayuan County Sanjiu Mining Co., Ltd. must pay the company 12,461,039.08 RMB in transfer payments and a penalty of 1,480,000 RMB[20]