ZPUG(SZ:000685)2017-04-27 16:00Financial Performance - Operating revenue for Q1 2017 was CNY 329,291,757.39, an increase of 4.48% compared to CNY 315,180,033.93 in the same period last year[7]. - Net profit attributable to shareholders was CNY 243,549,760.26, representing a growth of 19.25% from CNY 204,241,891.61 year-on-year[7]. - Net profit after deducting non-recurring gains and losses reached CNY 238,542,861.75, up 21.69% from CNY 196,021,464.40 in the previous year[7]. - Basic earnings per share increased to CNY 0.17, a rise of 19.25% compared to CNY 0.14 in the same quarter last year[7]. - The weighted average return on equity was 2.12%, an increase of 0.24% compared to 1.88% in the previous year[7]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 15,258,855,289.42, reflecting a 1.33% increase from CNY 15,059,104,862.05 at the end of the previous year[7]. - Net assets attributable to shareholders increased to CNY 11,641,413,737.55, a growth of 2.75% from CNY 11,330,231,384.44 at the end of the last year[7]. - Inventory increased by 42,515,102.31, reaching 135,019,537.21, a growth rate of 45.96% due to increased water supply external connection projects[17]. - Accounts payable decreased by 13,842,795.72 to 29,532,587.75, reflecting a reduction of 31.91% primarily due to the payment of value-added tax during the period[17]. - Interest payable rose by 25,261,479.14 to 57,630,923.40, marking an increase of 78.04% attributed to the accrual of corporate bond interest[17]. Cash Flow - The net cash flow from operating activities was CNY 55,940,204.06, down 9.01% from CNY 61,478,037.83 in the same period last year[7]. - Cash flow from investment activities increased by 949,898,071.08 to 18,548,960.44, a growth rate of 101.99% primarily from the recovery of cash from financial product investments[17]. - Cash flow from financing activities decreased by 616,790,338.18 to -155,541,709.36, a decline of 133.72% due to reduced cash received from loans and increased cash repayments of bank loans[17]. - Cash and cash equivalents increased by 341,739,265.03 to -81,037,402.14, an increase of 80.83% primarily from the recovery of cash from financial product investments[17]. Non-Recurring Items - The company reported non-recurring gains of CNY 5,006,898.51 after tax, with significant contributions from government subsidies and other income[9]. - Non-operating income fell by 7,670,277.21 to 1,940,627.86, a decrease of 79.81% mainly due to a reduction in government subsidies[17]. - Non-operating expenses surged by 1,701,104.74 to 1,983,246.46, reflecting a dramatic increase of 602.93% due to other increases in non-operating expenses[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 53,770, with the largest shareholder holding 47.89% of the shares[11]. - The company has made commitments to enhance shareholder confidence and align management interests through a stock incentive plan post the completion of the share reform in September 2015[20]. Financial Management - The total amount of entrusted financial management funds reached CNY 177,650 million, with CNY 107,850 million sourced from self-owned and raised funds[25]. - The actual income for the reporting period was CNY 699.20 million, with a tax-inclusive yield of CNY 720.00 million[25]. - As of April 5, 2017, the company’s subsidiary recovered CNY 80 million from entrusted financial management with a yield of CNY 307,700[25]. - The board of directors approved the entrusted financial management on March 10, 2017[25]. Compliance and Governance - There were no overdue principal or income amounts, and no litigation issues reported during the period[25]. - The company did not engage in derivative investments during the reporting period[26]. - There were no violations regarding external guarantees during the reporting period[28]. - The company reported no non-operating fund occupation by controlling shareholders or related parties[29]. - The company conducted an on-site investigation with institutions on January 6, 2017, and had phone communications with other parties from January 1 to March 31, 2017[27]. - The report was signed and sealed on April 27, 2017, by the chairman, He Ruijue[31].