CRRC(SH:601766)2016-04-27 16:00Financial Performance - Net profit attributable to shareholders increased by 1.86% to CNY 1,987,777,000 year-on-year[6] - Operating revenue decreased slightly by 0.34% to CNY 40,330,971,000 compared to the same period last year[6] - The net profit excluding non-recurring gains and losses surged by 111.45% to CNY 1,712,941,000[6] - Basic and diluted earnings per share remained stable at CNY 0.07[6] - Operating profit for Q1 2016 was CNY 2,715,004, down from CNY 2,912,397 in the same period last year, reflecting a decrease of 6.77%[31] - Net profit attributable to shareholders for Q1 2016 was CNY 1,987,777, an increase of 1.84% from CNY 1,951,571 in Q1 2015[31] Assets and Liabilities - Total assets increased by 2.24% to CNY 318,662,798,000 compared to the end of the previous year[6] - The total liabilities of CRRC Corporation Limited were CNY 202.89 billion, compared to CNY 198.12 billion at the beginning of the year, indicating an increase in liabilities[26] - The company's current assets totaled CNY 207.34 billion, slightly up from CNY 205.18 billion at the start of the year[25] - Total assets at the end of Q1 2016 amounted to CNY 134,911,307, up from CNY 130,662,954 at the beginning of the year, representing an increase of 3.43%[29] - Total liabilities increased to CNY 46,918,433 from CNY 42,736,967, marking an increase of 9.12%[29] Cash Flow - The net cash flow from operating activities improved to CNY -4,630,285,000, an increase from CNY -5,841,672,000 in the previous year[6] - Cash flow from operating activities showed a net outflow of CNY -4,630,285, an improvement from CNY -5,841,672 in the previous year[38] - Cash flow from investing activities resulted in a net outflow of CNY -10,768,547, compared to a net inflow of CNY 6,485,635 in the same period last year[38] - Cash flow from financing activities generated a net inflow of CNY 6,915,418, compared to CNY -5,746,000 in the previous year[38] - The net cash flow from operating activities for Q1 2016 was -73,733 thousand RMB, compared to -805,163 thousand RMB in the same period last year[40] Shareholder Information - The total number of shareholders reached 1,152,223 at the end of the reporting period[10] - The largest shareholder, China CNR Corporation Limited, holds 54.18% of the shares[10] Investments and Financing - The company's loans and advances increased by RMB 59 million, a growth of 34.53%, primarily due to increased loans issued by the financial company during the reporting period[14] - Long-term equity investments rose by RMB 4,809 million, a significant increase of 133.11%, mainly due to the acquisition of a stake in China United Insurance Holdings during the reporting period[14] - Short-term borrowings increased by RMB 4,833 million, a rise of 65.62%, attributed to the increase in bank short-term loans[14] - The company reported a total of CNY 274,836,000 in non-recurring gains and losses for the period[9] - The company issued zero-coupon convertible bonds totaling USD 600 million with a 5-year term on February 5, 2016[18] Other Financial Metrics - The weighted average return on equity decreased by 0.13 percentage points to 2.03%[6] - The company's financial expenses increased by RMB 224 million, a rise of 297.03%, primarily due to reduced foreign exchange gains during the reporting period[16] - The company's other current liabilities decreased by RMB 2,000 million, a decline of 33.33%, mainly due to the repayment of maturing short-term bonds[15] - The company's investment income increased by RMB 63 million, a growth of 50.44%, primarily due to higher investment income recognized under the equity method[16]