Financial Performance - In 2017, the company achieved total operating revenue of 298,230.48 million yuan, an increase of 27.46% compared to the previous year[5] - Operating profit reached 48,504.45 million yuan, up 42.49% year-on-year, while total profit was 48,280.07 million yuan, reflecting a 34.52% increase[6] - Net profit attributable to shareholders was 40,428.70 million yuan, marking a significant rise of 60.55% compared to the previous year[5] - The company reported a basic earnings per share of 0.47 yuan, a decrease of 20.34% from the previous year[5] - The weighted average return on equity was 19.04%, an increase of 5.16 percentage points compared to the previous year[5] Asset Growth - The company's total assets increased by 70.06% to 746,138.20 million yuan by the end of 2017, while equity attributable to shareholders rose by 58.56% to 308,287.81 million yuan[7] - The increase in total assets was also attributed to the construction and equipment procurement of the Hubei Jinqian plant, leading to an increase in construction in progress[10] - The company's share capital increased by 100.51% to 85,636.62 million yuan due to the completion of the 2016 profit distribution plan[10] Business Expansion - The growth in performance was driven by rapid expansion in lithium battery business, particularly in the international smart meter market and emerging IoT sectors[8] - The company transferred 8.98% of its stake in Shenzhen Microwell Co., which contributed to profit growth[8]
亿纬锂能(300014) - 2017 Q4 - 年度业绩