SGC(SH:601139)2016-04-21 16:00Financial Performance - Net profit attributable to shareholders increased by 72.15% to CNY 210.59 million year-on-year[8] - Operating revenue for the period was CNY 2.00 billion, a 6.82% increase from CNY 1.88 billion in the same period last year[8] - The company's earnings per share rose by 66.67% to CNY 0.10[8] - Net profit for Q1 2016 reached CNY 218,196,770.99, compared to CNY 106,790,723.38 in the previous year, indicating a significant increase of approximately 104.3%[30] - Net profit for Q1 2016 reached CNY 170,472,270.35, up 35.4% from CNY 125,803,284.25 in Q1 2015[34] - Total comprehensive income for Q1 2016 was CNY 170,472,270.35, compared to CNY 125,803,284.25 in the same period last year[34] Revenue and Sales - Natural gas sales revenue rose by 12.43% to CNY 135.41 million, with sales volume increasing by 27.40% to 451 million cubic meters[13] - Total operating revenue for Q1 2016 was CNY 2,003,174,565.76, an increase from CNY 1,875,298,030.36 in the same period last year, representing a growth of approximately 6.8%[29] - Operating revenue for Q1 2016 was CNY 1,121,907,929.93, an increase of 16.9% compared to CNY 959,987,376.16 in the same period last year[33] Assets and Liabilities - Total assets increased by 2.70% to CNY 15.68 billion compared to the end of the previous year[8] - Total assets as of March 31, 2016, were CNY 13,330,007,105.77, up from CNY 12,358,777,175.54 at the beginning of the year, reflecting a growth of about 7.9%[27] - Total liabilities increased to CNY 6,363,247,668.57 from CNY 5,565,067,894.08, marking an increase of approximately 14.3%[27] - The company's equity attributable to shareholders rose to CNY 6,966,759,437.20, compared to CNY 6,793,709,281.46 at the start of the year, showing an increase of about 2.5%[27] Cash Flow - Cash flow from operating activities improved significantly, reaching CNY 218.26 million compared to a negative CNY 79.48 million in the previous year[8] - Operating cash flow for Q1 2016 was CNY 218,257,019.06, a significant recovery from a negative cash flow of CNY -79,479,312.82 in Q1 2015[37] - Net cash flow from operating activities improved significantly to ¥245,723,878.37 from a negative ¥111,794,371.77, indicating a turnaround in operational efficiency[41] - Cash received from financing activities increased by 55.56% to ¥1,400,000,000.00, due to the issuance of short-term financing bonds and medium-term notes[17] Investment and Income - Investment income increased by 232.14% to ¥2,296,868.28 due to the turnaround of affiliated enterprises[16] - Non-operating income rose by 103.49% to ¥7,049,703.04 primarily from increased government subsidies[16] - The company reported an investment income of CNY 2,296,868.28 in Q1 2016, a recovery from a loss of CNY 1,738,254.13 in the same period last year[30] Tax and Expenses - Tax expenses increased by 30.62% to ¥72,455,641.33 due to higher profitability[16] - Cash paid for various taxes surged by 95.71% to ¥189,790,111.88, mainly due to unpaid taxes from the previous year[17] - Total operating costs for Q1 2016 amounted to CNY 1,720,974,872.07, slightly up from CNY 1,714,340,756.28 year-on-year[30] - Total operating expenses for Q1 2016 were CNY 862,931,614.46, an increase from CNY 762,340,915.68 in Q1 2015[33] Shareholder Information - The number of shareholders increased to 31,852 by the end of the reporting period[11] Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[42]