JHEC(600273)2016-04-29 16:00Financial Performance - Operating income rose by 22.82% to CNY 903,280,343.36 year-on-year[7] - Net profit attributable to shareholders increased by 86.52% to CNY 187,708,640.72 compared to the same period last year[7] - Basic earnings per share increased by 62.89% to CNY 0.1440 compared to the previous year[7] - The company's net profit increased by 30.38% to RMB 800,749,301.92 compared to the previous year[15] - Total revenue for Q1 2016 was CNY 903,280,343.36, an increase of 22.8% compared to CNY 735,458,218.75 in the same period last year[28] - Operating profit for Q1 2016 reached CNY 226,237,295.23, up from CNY 136,179,250.54, reflecting a growth of 66.3% year-over-year[29] - Net profit for Q1 2016 was CNY 188,552,502.89, compared to CNY 115,800,274.59 in Q1 2015, representing a year-over-year increase of 62.5%[29] Cash Flow - Cash flow from operating activities surged by 3,339.01% to CNY 111,473,801.10 year-to-date[7] - Cash flow from operating activities increased by 3339.01% to RMB 111,473,801.10 due to increased sales revenue[15] - The net cash flow from operating activities was ¥111,473,801.10, significantly higher than ¥3,241,450.10 in the previous year[33] - Cash inflow from financing activities was $703.03 million, down from $952.79 million in the previous year[37] - Net cash flow from financing activities decreased to -$102.97 million, compared to -$261.23 million last year[37] Assets and Liabilities - Total assets increased by 6.98% to CNY 6,287,443,542.12 compared to the end of the previous year[7] - The company's total liabilities reached CNY 2,659,512,348.93, compared to CNY 2,433,763,461.16 at the beginning of the year, which is an increase of about 9.25%[24] - The total equity attributable to shareholders increased to CNY 3,620,877,000.84 from CNY 3,434,071,981.73, representing a growth of approximately 5.43%[24] - The company's current assets totaled CNY 1,848,328,557.44, up from CNY 1,733,429,222.90, indicating an increase of about 6.63%[23] - The company's total assets increased to CNY 5,988,793,445.47 from CNY 5,691,441,295.16 at the beginning of the year, marking a growth of 5.2%[27] Shareholder Information - The number of shareholders reached 49,158 at the end of the reporting period[12] - The largest shareholder, Zhejiang Jiahua Group, holds 43.65% of the shares, totaling 570,244,992 shares[12] - The company plans to increase its shareholding by up to 2% of the total share capital, with a minimum investment of CNY 5 million during the next six months[21] Investments and Acquisitions - The company completed the acquisition of 100% equity in five solar photovoltaic power station project companies for a total price of RMB 6.654 million[16] - The company plans to raise up to RMB 1.82 billion through a private placement of A shares[15] - The issuance of green corporate bonds is planned with a total face value not exceeding RMB 800 million for investment in cogeneration projects[16] Performance Compensation - The performance compensation party commits to ensuring that the actual net profit of the acquired assets during the compensation period will not be less than the forecasted net profits[19] - If the cumulative actual net profit does not meet the cumulative forecasted net profit, the compensation party must compensate the company with shares obtained from the transaction[19] - The company has outlined specific measures for performance compensation in the event of unmet profit forecasts[19] - The company has a performance compensation obligation that must be fulfilled by the end of the performance compensation period[18] Other Financial Metrics - Weighted average return on equity improved by 1.38 percentage points to 5.33%[7] - The company reported a net profit of CNY 392,578.50 from non-recurring gains and losses[9] - The company reported a significant increase in inventory, which rose to CNY 238,690,809.52 from CNY 225,652,788.49, indicating a growth of about 5.79%[23] - The company incurred operating costs of ¥577,649,879.86, which is an increase of 5.2% compared to ¥549,078,148.66 in Q1 2015[32]