JINNENG(SH:603113)2018-04-25 16:00Financial Performance - Operating revenue for the period reached CNY 1,865,944,181.61, reflecting a growth of 16.86% year-on-year[6] - Net profit attributable to shareholders increased by 22.59% to CNY 257,933,947.91 compared to the same period last year[6] - Cash flow from operating activities rose by 26.72% to CNY 305,768,862.54 compared to the previous year[6] - Basic earnings per share improved by 8.57% to CNY 0.38 per share[6] - The net profit after deducting non-recurring gains increased by 20.94% year-on-year[6] - Total operating revenue for Q1 2018 was CNY 1,865,944,181.61, an increase of 16.8% compared to CNY 1,596,717,329.00 in the same period last year[47] - Net profit for Q1 2018 reached CNY 257,933,947.91, representing a growth of 22.5% from CNY 210,398,656.92 in Q1 2017[48] - The total comprehensive income for Q1 2018 was CNY 245,168,362.19, compared to CNY 210,053,946.23 in the same period last year[53] Assets and Liabilities - Total assets increased by 3.62% to CNY 5,493,418,517.34 compared to the end of the previous year[6] - Accounts receivable increased by 48.14% to RMB 263,197,204.89 due to increased bill collections[13] - Fixed assets rose by 32.23% to RMB 2,312,367,836.10 due to the completion of construction projects[14] - Total current assets as of March 31, 2018, amounted to CNY 2,721,158,546.42, an increase from CNY 2,653,609,682.55 at the beginning of the year[40] - Total liabilities as of March 31, 2018, were CNY 1,344,871,038.81, slightly up from CNY 1,321,665,838.60 at the start of the year[46] Shareholder Information - The total number of shareholders reached 28,320 at the end of the reporting period[10] - The largest shareholder, Qin Qingping, holds 29.07% of the shares, with 196,497,200 shares pledged[11] - The company’s major shareholders have committed to not transferring their shares for specified periods to maintain stability[16] - Shareholders holding more than 5% of shares, including Guotou Xieli and Guotou Chuangxin, committed not to transfer or entrust the management of their shares for 12 months post-IPO[19] - Major shareholders, including controlling shareholders Qin Qingping and Wang Yongmei, commit to not reducing their holdings by more than 25% of their total shares annually for two years post-lockup period[28] Commitments and Compliance - The company has not violated any commitments during the reporting period, maintaining compliance with shareholder agreements[21] - The company guarantees that its prospectus does not contain false records or misleading statements, and it will compensate investors for losses if such issues arise[31] - The controlling shareholders commit to avoiding any business that competes with the company, ensuring no direct or indirect competition during their control[34] Cash Flow and Expenses - Cash flow from operating activities for Q1 2018 was CNY 305,768,862.54, compared to CNY 241,288,032.78 in Q1 2017, indicating a 26.7% increase[55] - The company incurred financial expenses of CNY 4,836,819.50 in Q1 2018, a decrease from CNY 9,734,588.98 in the same period last year[51] - Cash outflow for purchasing goods and services rose to ¥754,070,859.93 from ¥529,322,988.06, reflecting a significant increase of approximately 42.5%[58] Investment Activities - Investment activities resulted in a net cash flow of -¥260,266,620.98, worsening from -¥107,202,193.46, highlighting increased investment expenditures[59] - Total cash outflow for investment activities reached ¥608,845,514.38, up from ¥336,592,815.59, representing an increase of about 80.7%[59]