方大特钢(600507) - 2017 Q1 - 季度财报

Financial Performance - Operating revenue surged by 62.43% to CNY 2,756,204,477.42 year-on-year[6] - Net profit attributable to shareholders increased by 360.84% to CNY 284,906,250.26 compared to the same period last year[6] - Basic earnings per share rose by 330% to CNY 0.215[6] - Operating profit for Q1 2017 was ¥364,682,687.10, compared to ¥89,590,918.47 in Q1 2016, reflecting a significant growth[23] - Net profit attributable to shareholders for Q1 2017 was ¥284,906,250.26, up from ¥61,822,870.66 in Q1 2016, marking a 360.5% increase[23] - Total operating revenue for Q1 2017 reached ¥2,756,204,477.42, a 62.4% increase from ¥1,696,862,649.86 in the same period last year[22] Asset and Liability Management - Total assets increased by 10.06% to CNY 9,329,522,542.43 compared to the end of the previous year[6] - The company's current assets totaled CNY 5,158,373,344.41, up from CNY 4,236,875,513.25 at the start of the year, indicating an increase of about 21.8%[16] - Total liabilities reached CNY 6,114,554,580.94, compared to CNY 5,549,062,115.80 at the beginning of the year, representing an increase of about 10.2%[18] - The company's equity attributable to shareholders increased to CNY 2,935,004,308.44 from CNY 2,650,098,058.18, reflecting a growth of approximately 10.8%[18] - Total liabilities as of the end of Q1 2017 amounted to ¥5,620,223,122.11, an increase from ¥5,113,191,120.30 in the previous year[21] - Total equity increased to ¥2,805,647,775.64 in Q1 2017, up from ¥2,573,941,607.19 in Q1 2016, showing a growth of 9%[21] Cash Flow Analysis - Cash flow from operating activities increased by 14.31% to CNY 547,393,735.37[6] - Cash flow from operating activities for Q1 2017 was ¥2,314,391,028.46, compared to ¥1,327,627,424.67 in Q1 2016, representing a 74.4% increase[28] - Net cash flow from operating activities was CNY 547,393,735.37, compared to CNY 478,888,300.41 in the prior period, indicating an increase of about 14.4%[29] - Cash inflow from financing activities was CNY 433,096,872.13, slightly down from CNY 484,653,249.20 in the previous period, a decrease of about 10.6%[30] - Net cash flow from financing activities was -CNY 127,422,164.15, compared to -CNY 193,839,454.37 in the prior period, showing an improvement of approximately 34.2%[30] Shareholder Information - The number of shareholders reached 56,912 by the end of the reporting period[9] - The largest shareholder, Jiangxi Fangda Steel Group, holds 39.62% of the shares[9] Operational Insights - The company benefited from rising domestic steel prices and effective cost control measures[11] - The company has not disclosed any new product or technology developments in this report[11] Inventory and Receivables - Accounts receivable rose to CNY 1,278,366,433.47 from CNY 1,037,920,290.01, marking an increase of about 23.2%[16] - Inventory decreased slightly to CNY 1,309,646,898.95 from CNY 1,359,154,513.09, a decline of approximately 3.6%[16] Cash and Cash Equivalents - Cash and cash equivalents increased to CNY 1,918,765,109.42 from CNY 1,433,018,389.12, reflecting a growth of approximately 33.9%[16] - The ending balance of cash and cash equivalents increased to CNY 1,626,249,848.85 from CNY 1,522,426,624.76, marking a rise of about 6.8%[30]