许继电气(000400) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was ¥1,133,526,479.56, representing a 19.88% increase compared to ¥945,517,584.68 in the same period last year[8] - Net profit attributable to shareholders was ¥49,673,263.96, up 38.49% from ¥35,868,116.16 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥48,200,914.32, reflecting a 36.47% increase from ¥35,319,206.77 in the previous year[8] - The basic earnings per share increased to ¥0.0493, a rise of 38.48% compared to ¥0.0356 in the same period last year[8] - Operating profit increased by 60.33% to ¥54,681,238.94 driven by increased revenue and reduced sales expenses[16] - Net profit rose by 148.67% to ¥50,691,481.41, reflecting significant growth in operating profit[16] - Total profit increased by 81.48% to ¥63,379,200.18, supported by higher operating income[16] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥13,943,459,921.89, a decrease of 2.50% from ¥14,300,836,589.93 at the end of the previous year[8] - The net assets attributable to shareholders increased to ¥7,107,882,218.08, up 0.70% from ¥7,058,208,954.12 at the end of the previous year[8] - Cash and cash equivalents decreased by 40.44% to ¥1,074,281,755.69 due to payments to suppliers and matured acceptances[16] - Accounts receivable decreased by 39.86% to ¥160,207,894.06 as a result of endorsements of receivables[16] Cash Flow - The net cash flow from operating activities was negative at -¥662,564,777.03, worsening by 207.68% compared to -¥215,339,554.63 in the same period last year[8] - Operating cash flow net amount decreased by 207.68% to -¥662,564,777.03 due to increased payments to suppliers[16] - The net increase in cash and cash equivalents decreased by 178.29% to -¥733,284,122.32, reflecting a substantial decline in operating cash flow[16] Government Support - The company received government subsidies amounting to ¥1,009,255.46 during the reporting period[9] - The company received government special grants, leading to a 779.00% increase in special payables to ¥8,790,000.00[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 53,468[12] Non-Operating Income - Non-operating income surged by 781.29% to ¥8,817,521.88 from VAT refunds in the software industry[16] Expenses - Cash paid for purchasing goods and services increased by 95.55% to ¥1,406,323,945.57, indicating a significant rise in supplier payments[16]