常铝股份(002160) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was ¥857,170,404, representing a 46.95% increase compared to ¥583,318,829 in the same period last year[7]. - Net profit attributable to shareholders was ¥22,131,170.97, a significant increase of 310.91% from ¥5,385,955.85 in the previous year[7]. - The net profit after deducting non-recurring gains and losses was ¥16,144,523.27, up 235.42% from ¥4,813,188.07 year-on-year[7]. - The basic earnings per share rose to ¥0.0302, reflecting a 277.50% increase from ¥0.0080 in the same period last year[7]. - The total comprehensive income for the period was ¥21,428,090.44, compared to ¥9,192,974.12 in Q1 2016, indicating a growth of approximately 133%[42]. - The net profit attributable to shareholders for the first half of 2017 is expected to be between 5,500,000 and 6,000,000 CNY, representing a year-on-year increase of 43.74% to 56.81%[23]. - The net profit for the first half of 2016 was 3,826,360 CNY, indicating significant growth in profitability[23]. - The increase in performance is attributed to the full production of the Baotou company, which provides raw material support, and a substantial increase in production and sales scale compared to the same period last year[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,047,584,050.07, a 6.03% increase from ¥5,703,616,053.81 at the end of the previous year[7]. - Current assets totaled 2,913,786,125.06 CNY, an increase from 2,573,428,199.37 CNY at the start of the period[32]. - The total liabilities at the end of the reporting period were 2,839,756,967.58 CNY, compared to 2,518,316,149.11 CNY at the beginning[34]. - Short-term borrowings increased to 1,497,348,209.28 CNY from 1,173,512,337.56 CNY, indicating a rise in leverage[34]. - Total liabilities rose to ¥1,862,997,158.14 from ¥1,772,309,754.05, marking an increase of approximately 5.1%[38]. Cash Flow - The net cash flow from operating activities was negative at -¥170,259,458.04, worsening by 94.61% compared to -¥87,489,165.79 in the same period last year[7]. - The cash flow from operating activities shows a net outflow of ¥170,259,458.04, worsening from a net outflow of ¥87,489,165.79 in the previous period[49]. - The cash flow from investing activities has a net outflow of ¥109,188,665.26, compared to a net inflow of ¥95,481,743.49 in the previous period[49]. - The cash flow from financing activities resulted in a net inflow of ¥295,077,176.04, an increase from ¥101,291,599.57 in the previous period[50]. - The cash and cash equivalents at the end of the period amount to ¥426,018,305.84, slightly down from ¥427,435,942.97 at the end of the previous period[50]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,147[11]. - The company plans to distribute profits amounting to at least 30% of the average annual distributable profits over the last three years from 2015 to 2017[22]. - The company committed to compensating for any losses incurred due to violations of agreements related to related party transactions[21]. Operational Insights - Operating revenue rose by 46.95%, increasing by 273.85 million CNY, attributed to the growth in production and sales scale[15]. - Operating costs increased by 46.69%, up by 227.50 million CNY, also due to the growth in production and sales scale[15]. - Cash received from sales of goods and services rose by 35.03%, increasing by 214.74 million CNY, driven by growth in production and sales volume[16]. - The company reported a significant increase in sales revenue from providing services, totaling ¥827,798,023.57, compared to ¥613,060,751.28 in the previous period[48]. Compliance and Governance - The company will ensure that any related party transactions are conducted at fair market prices and comply with legal disclosure obligations[21]. - The company has a strict lock-up period for shares obtained through refinancing, which lasts for 36 months[22]. - The company will avoid any illegal occupation of funds and assets of the listed company and its subsidiaries[21]. - The company has committed to not engaging in any business activities that directly or indirectly compete with Shandong Xinyuan during the holding period of more than 5% of shares[21].