CCCC(SH:601800)2017-04-27 16:00Financial Performance - Net profit attributable to shareholders rose by 36.22% to CNY 3.14 billion year-on-year[11] - Operating revenue slightly increased by 0.15% to CNY 82.70 billion compared to the same period last year[11] - Basic earnings per share increased by 35.71% to CNY 0.19 per share[11] - Total operating revenue for Q1 2017 was CNY 82.70 billion, a slight increase from CNY 82.57 billion in Q1 2016, representing a growth of 0.15%[36] - Net profit for Q1 2017 reached CNY 3.16 billion, up 36.4% from CNY 2.32 billion in the same period last year[36] - Operating profit increased to CNY 4.02 billion, compared to CNY 3.05 billion in Q1 2016, marking a growth of 31.7%[36] - The company reported a total comprehensive income of CNY 4.32 billion, significantly higher than CNY 621.58 million in Q1 2016[36] Assets and Liabilities - Total assets increased by 1.88% to CNY 816.50 billion compared to the end of the previous year[11] - Total liabilities increased to CNY 623.78 billion from CNY 614.51 billion, reflecting a growth of approximately 1.2%[32] - Current liabilities decreased to CNY 416.50 billion from CNY 423.34 billion, a reduction of about 1.9%[32] - Non-current assets totaled RMB 376.00 billion, an increase from RMB 364.32 billion at the start of the year[30] - The company's total equity increased to CNY 192.72 billion from CNY 186.96 billion, an increase of approximately 3.1%[32] Cash Flow - Net cash flow from operating activities improved by 2.32% to CNY -13.70 billion compared to the previous year[11] - Cash flow from operating activities showed a net outflow of CNY 13.70 billion, slightly improved from a net outflow of CNY 14.03 billion in the previous year[40] - Cash flow from investing activities resulted in a net outflow of CNY 10.83 billion, compared to a net outflow of CNY 9.76 billion in Q1 2016[40] - Cash flow from financing activities generated a net inflow of CNY 5.96 billion, down from CNY 15.92 billion in the same quarter last year[42] - The ending cash and cash equivalents balance was CNY 28,090,504,654, up from CNY 23,605,148,860 at the end of Q1 2016, an increase of 19.0%[44] Shareholder Information - The total number of shareholders reached 146,247 at the end of the reporting period[14] - The largest shareholder, China Communications Construction Group, holds 63.84% of the shares[14] Contracts and Revenue - The new contract amount signed by the group in Q1 2017 was RMB 151.31 billion, representing a year-on-year increase of 40.25%[21] - The infrastructure construction business accounted for RMB 124.60 billion of the new contracts, while the dredging business contributed RMB 15.93 billion[21] - The total amount of new contracts from overseas regions was RMB 32.13 billion, approximately 21.23% of the group's total new contracts[22] Government and Non-Operating Income - The company reported non-operating income of CNY 86.53 million from fair value changes of financial assets[11] - The company recognized government subsidies amounting to CNY 64.18 million related to normal business operations[11] Changes in Fair Value and Other Comprehensive Income - The fair value change income increased significantly by 1741.74%, reaching RMB 91.38 million, mainly due to the increase in income from financial assets measured at fair value[19] - The total assets measured at fair value increased by 481.18% to RMB 2.89 billion, primarily due to the purchase of financial products by subsidiaries[18] - The other comprehensive income tax showed a significant change, with a net amount of RMB 1.16 billion, primarily due to changes in the fair value of available-for-sale financial assets[19] Investment Projects - The group signed investment project contracts amounting to RMB 21.60 billion, with infrastructure construction and dredging businesses contributing RMB 16.75 billion and RMB 4.85 billion, respectively[22]