SGC(SH:601139)2018-04-27 16:00Financial Performance - Net profit attributable to shareholders was CNY 246,632,906.23, an increase of 11.04% year-on-year[5] - Operating revenue reached CNY 3,078,385,994.98, reflecting a growth of 25.51% compared to the same period last year[5] - Basic earnings per share were CNY 0.11, up by 10.00% from CNY 0.10 in the previous year[5] - Operating profit increased to CNY 343,756,864.15, representing a growth of 14.0% compared to CNY 301,509,098.46 in the previous year[25] - Net profit for Q1 2018 was CNY 258,803,809.06, up 12.9% from CNY 229,408,022.38 in Q1 2017[25] - The company reported an investment income of CNY 4,104,013.78, recovering from a loss of CNY 1,720,376.30 in the same period last year[25] Cash Flow - The net cash flow from operating activities was CNY 260,532,926.49, a significant increase of 247.94% year-on-year[5] - Cash flow from operating activities generated a net amount of CNY 260,532,926.49, significantly higher than CNY 74,878,226.95 in the same quarter last year[29] - Net cash flow from operating activities was CNY 97,163,925.94, down 16.2% from CNY 115,857,207.79 in the previous year[34] - Cash inflow from financing activities was CNY 1,110,000,000.00, down 37.2% from CNY 1,770,000,000.00 in the same period last year[34] - Net cash flow from financing activities was -CNY 16,250,000.00, an improvement from -CNY 102,177,822.06 in Q1 2017[34] Assets and Liabilities - Total assets at the end of the reporting period were CNY 18,498,332,689.82, a decrease of 1.51% compared to the end of the previous year[5] - Total liabilities decreased to CNY 9,426,899,851.77 from CNY 9,990,393,547.29, reflecting a reduction in financial obligations[19] - The company's cash and cash equivalents decreased to CNY 2,455,676,945.91 from CNY 2,711,671,239.01 at the beginning of the year[18] - The total equity attributable to shareholders reached CNY 7,875,006,508.69, an increase from CNY 7,686,631,640.46[24] Shareholder Information - The total number of shareholders at the end of the reporting period was 34,452[10] - The largest shareholder, Shenzhen Municipal Government State-owned Assets Supervision and Administration Commission, held 50.04% of the shares[10] Revenue and Costs - The increase in operating revenue was attributed to higher sales volumes of pipeline natural gas and liquefied petroleum gas[13] - Total operating costs for Q1 2018 were CNY 2,742,428,841.67, up 27.4% from CNY 2,153,333,079.70 in the previous year[25] - Cash received from sales of goods and services increased by 21.11% to CNY 3,074,532,948.65 from CNY 2,538,721,931.72 year-on-year[14] - The company reported a significant reduction in financial expenses, down 77.40% to CNY 6,176,926.61 from CNY 27,329,605.48[14] Inventory and Prepayments - Inventory decreased by 26.47% to CNY 336,862,998.01 from CNY 458,128,201.20 year-on-year[14] - The decrease in prepayments was mainly due to a reduction in natural gas procurement prepayments[12] Cash Management - The ending cash and cash equivalents balance was CNY 1,397,634,622.00, down from CNY 1,981,398,850.95 at the end of Q1 2017[34] - Total cash outflow from investing activities was CNY 250,367,545.30, slightly decreased from CNY 256,125,163.91 in Q1 2017[34] - Cash outflow for purchasing goods and services was CNY 869,163,980.94, an increase from CNY 809,163,705.49 in Q1 2017[33] - Cash paid to employees increased to CNY 225,804,888.43 from CNY 175,058,940.36 in the previous year[33] Financial Guidance - The company’s net profit guidance for the upcoming period remains stable with no significant changes expected compared to the previous year[16]