森源电气(002358) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was ¥442,266,878.29, representing a 3.74% increase compared to ¥426,334,861.05 in the same period last year[7]. - Net profit attributable to shareholders was ¥57,413,244.19, a significant increase of 33.84% from ¥42,897,828.78 year-on-year[7]. - The net profit after deducting non-recurring gains and losses reached ¥56,565,847.19, marking a 113.69% increase from ¥26,471,323.82 in the previous year[7]. - Basic earnings per share increased by 20.00% to ¥0.06 from ¥0.05 year-on-year[7]. - The company expects net profit attributable to shareholders for the first half of 2017 to be between 171.13 million and 210.62 million yuan, representing a growth of 30% to 60% compared to the same period in 2016[22]. - The total profit for Q1 2017 was CNY 67,212,177.52, compared to CNY 51,210,028.98 in the same quarter last year, reflecting an increase of about 31%[40]. - The net profit for Q1 2017 reached CNY 57,125,389.42, compared to CNY 42,245,567.28 in Q1 2016, indicating a year-over-year increase of about 35%[41]. Cash Flow - The net cash flow from operating activities was -¥316,575,698.98, a decline of 58.79% compared to -¥199,370,238.59 in the same period last year[7]. - Cash inflow from operating activities increased by 56.29% year-on-year, primarily due to increased cash received from sales of goods and services[16]. - The company reported cash flow from operating activities of CNY 144,881,272.67 in Q1 2017, compared to CNY 97,476,948.61 in the previous year, representing a growth of about 48%[47]. - The company reported a total cash outflow of 552,814,811.35 CNY from operating activities, which is a significant increase from 269,206,664.09 CNY in the previous year[52]. - The net cash flow from investment activities was 61,569,909.47 CNY, a significant improvement from -21,062,207.71 CNY in the previous year[49]. - Cash inflow from financing activities was 470,000,000.00 CNY, slightly up from 460,000,000.00 CNY year-over-year[49]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,348,844,789.21, down 1.73% from ¥7,477,853,545.04 at the end of the previous year[7]. - Current assets totaled CNY 5,695,494,297.70, a decrease from CNY 5,825,880,149.96 at the beginning of the period[35]. - Total liabilities decreased to CNY 2,751,716,639.32 from CNY 2,937,392,036.91[33]. - The company's cash and cash equivalents decreased to CNY 1,691,167,643.49 from CNY 2,129,248,203.55[35]. - The company's equity attributable to shareholders rose to CNY 4,583,082,241.60 from CNY 4,527,044,136.68[34]. Operational Highlights - The company signed an EPC contract for a 1000MWp photovoltaic power station project with a total contract amount of approximately 8.5 billion yuan[17]. - The company is focusing on innovation-driven strategies to enhance management, technology, and marketing models to boost operational performance[23]. - Operating costs for Q1 2017 were CNY 317,117,105.17, slightly lower than CNY 331,934,373.37 in the previous year, showing a decrease of about 4%[40]. - The financial expenses decreased to CNY 10,664,463.71 in Q1 2017 from CNY 14,367,348.85 in Q1 2016, a reduction of approximately 26%[40]. - The company recorded investment income of CNY 1,727,190.47 in Q1 2017, contributing positively to overall profitability[40]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,210[11]. - The net assets attributable to shareholders increased by 1.24% to ¥4,583,082,241.60 from ¥4,527,044,136.68 at the end of the previous year[7].