2018-04-24 16:00Financial Performance - Operating revenue for the period was CNY 22.86 billion, representing a year-on-year increase of 23.87%[7] - Net profit attributable to shareholders was CNY 1.09 billion, up 7.93% from the same period last year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses surged by 176.54% to CNY 1.05 billion[7] - The comprehensive gross margin for the group was 15.36%, an increase of 1.23 percentage points year-on-year, while the mining enterprise gross margin was 51.14%, up 6.20 percentage points[19] - Net profit for Q1 2018 was ¥1.39 billion, representing a 25.5% increase from ¥1.10 billion in Q1 2017[43] - Total comprehensive income for Q1 2018 was CNY 379,476,128, compared to CNY 57,362,303 in the previous year[46] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 90.97 billion, an increase of 1.58% compared to the end of the previous year[7] - The total liabilities of the group were 31.8386 billion yuan, with a slight increase of 16.75 million yuan due to deferred tax liabilities[16] - The company's total assets increased to ¥90,965,293,709 from ¥89,552,454,707 at the beginning of the year[35] - Total liabilities increased to ¥33.53 billion from ¥31.84 billion at the beginning of the year, reflecting a growth of 5.3%[40] - The company's equity attributable to shareholders reached ¥27.92 billion, up from ¥27.54 billion at the beginning of the year, indicating a growth of 1.4%[40] Cash Flow - The net cash flow from operating activities was CNY 1.33 billion, a significant increase of 30.67% compared to the previous year[7] - Cash flow from operating activities for Q1 2018 was CNY 1,326,940,832, an increase from CNY 1,015,456,609 in Q1 2017[50] - Cash flow from investing activities showed a net outflow of CNY 1,745,327,789, improving from a net outflow of CNY 2,374,605,287 in the same period last year[51] - Financing cash inflow amounted to $2,242,415,432, an increase from $1,539,334,660 in the previous period[54] - The ending cash and cash equivalents balance was $4,554,617,723, compared to $2,627,352,823 in the previous period, reflecting a significant increase[54] Shareholder Information - Net assets attributable to shareholders amounted to CNY 35.49 billion, reflecting a growth of 0.86% year-on-year[7] - The total number of shareholders at the end of the reporting period was 769,472[9] - The largest shareholder, Minxi Xinghang State-owned Assets Investment Co., held 25.88% of the shares, with 5.96 billion shares[9] Expenses - Sales expenses for the group amounted to 228.49 million yuan, an increase of 8.02% from 211.52 million yuan in the same period last year[20] - Management expenses decreased by 21.32% to 66.45 million yuan from 84.46 million yuan year-on-year, mainly due to reduced exploration expenses[21] - Financial expenses rose by 37.84% to 62.11 million yuan from 45.06 million yuan in the previous year, primarily due to increased exchange losses[22] Production and Sales - The production of gold from mining decreased to 7,624 kg from 9,316 kg year-on-year, while the sales price increased to 257.46 yuan per gram from 231.02 yuan[18] - Total operating costs for Q1 2018 were ¥21.20 billion, up 18.5% from ¥17.84 billion in the previous year[43] Tax and Other Income - The income tax expense increased by 120.92%, amounting to ¥304,246,087 compared to ¥137,720,729 in the same period last year[26] - Investment income for Q1 2018 was CNY 318,653,387, a significant increase from CNY 21,950,117 in the same period last year[45]