恒立液压(601100) - 2016 Q4 - 年度业绩

Financial Performance - The company's operating revenue for 2016 was RMB 137,010.03 million, representing a year-on-year increase of 25.98% compared to RMB 108,758.84 million in 2015[3] - Operating profit surged to RMB 7,044.29 million, a remarkable increase of 284.96% from RMB 1,829.87 million in the previous year[3] - The total profit for 2016 was RMB 9,206.47 million, up 23.06% from RMB 7,481.53 million in 2015[3] - Net profit attributable to shareholders reached RMB 7,036.14 million, reflecting a 10.78% increase from RMB 6,351.39 million in 2015[3] - Basic earnings per share improved to RMB 0.11, a 10.00% increase from RMB 0.10 in the previous year[3] Assets and Equity - The total assets at the end of 2016 were RMB 519,907.49 million, marking a 10.60% increase from RMB 470,071.61 million at the end of 2015[3] - The total equity attributable to shareholders was RMB 350,470.72 million, a slight increase of 0.92% from RMB 347,274.07 million in 2015[3] - The company maintained a total share capital of 63,000.00 million shares, with net assets per share rising to RMB 5.56 from RMB 5.51[3] Return on Equity - The company's weighted average return on equity was 2.02%, up from 1.84% in 2015[3] Growth Drivers - The significant growth in operating profit was attributed to the overall recovery in the downstream industry and a notable increase in sales of hydraulic products, particularly in the fourth quarter[4]