*ST天沃(002564) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was ¥3,014,428,097.13, representing an increase of 803.86% compared to ¥333,506,106.87 in the same period last year[7]. - The net profit attributable to shareholders was ¥32,406,428.23, a significant increase of 447.36% from a loss of ¥9,329,250.66 in the previous year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥29,131,601.93, up 317.79% from a loss of ¥13,376,120.80 in the same period last year[7]. - The basic earnings per share increased to ¥0.0440, compared to a loss of ¥0.0126 in the same period last year, marking a growth of 449.21%[7]. - The net profit for the period was ¥48,516,340.22, representing a 672.67% increase year-on-year, attributed to the improved profitability from the subsidiary's integration[14]. - The company expects a net profit of between ¥6,000,000 and ¥8,000,000 for the first half of 2017, a turnaround from a loss of ¥2,379,590 in the same period last year, due to substantial growth in business volume[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥18,444,685,922.18, an increase of 8.47% from ¥17,004,835,549.85 at the end of the previous year[7]. - The net assets attributable to shareholders at the end of the reporting period were ¥2,518,615,476.00, reflecting a slight increase of 1.33% from ¥2,485,525,646.33 at the end of the previous year[7]. - Prepayments increased by 88.19% to ¥1,445,182,926.58, driven by a significant growth in total orders and the commencement of new projects[14]. - Other payables increased by 123.60% to ¥256,110,986.09, reflecting a rise in various guarantees received due to increased business volume[14]. Cash Flow - The net cash flow from operating activities was negative at -¥677,160,767.52, a decline of 1,817.74% compared to ¥39,421,656.83 in the same period last year[7]. - Cash flow from operating activities showed a net outflow of ¥677,160,767.52, a decrease of 1,817.74% compared to the previous year, mainly due to increased payments for various guarantees[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 56,515[10]. Financial Ratios - The weighted average return on equity was 1.30%, an increase of 1.62% from -0.32% in the previous year[7]. Non-Recurring Items - The company reported non-recurring gains of ¥3,274,826.30 during the reporting period[8]. Corporate Actions - The company terminated a restricted stock incentive plan involving 3.95 million shares, completing the cancellation process in January 2017[16]. - The company is in the due diligence phase for a non-public issuance of corporate bonds and stocks[16]. Financial Expenses - Financial expenses rose by 111.23% to ¥86,587,916.10, largely due to the consolidation of the subsidiary's financials[14]. Advance Receipts - The company reported a 107.74% increase in advance receipts, totaling ¥1,411,865,060.36, primarily from upfront payments for EPC projects[14].