SCG(600170)2015-04-29 16:00Financial Performance - Operating revenue for the period reached CNY 29.86 billion, representing a year-on-year increase of 21.02%[6] - Net profit attributable to shareholders was CNY 374.66 million, up 17.44% from the same period last year[6] - Basic earnings per share decreased by 11.11% to CNY 0.08[6] - Total operating revenue for Q1 2015 reached ¥29,858,221,007.48, an increase of 20.5% compared to ¥24,672,993,021.28 in the same period last year[27] - Net profit for Q1 2015 was ¥388,868,201.49, representing a 17.3% increase from ¥331,437,830.13 in Q1 2014[28] - Other comprehensive income after tax for Q1 2015 was ¥979,059,305.44, compared to a loss of ¥568,814.08 in the same period last year[29] - The company reported an investment income of ¥18,867,128.45, significantly higher than ¥1,654,142.69 in Q1 2014[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 115.02 billion, a decrease of 1.75% compared to the end of the previous year[6] - Total current assets decreased from ¥93.49 billion at the beginning of the year to ¥88.22 billion, a decline of approximately 5.8%[19] - Total non-current assets increased from ¥23.57 billion to ¥26.80 billion, a growth of about 13.4%[20] - Total liabilities decreased from ¥97.90 billion to ¥94.43 billion, a reduction of approximately 3.8%[21] - The total assets amounted to ¥34,414,332,639.51, compared to ¥33,475,694,658.05 in the previous year, indicating a growth of 2.8%[25] - The total liabilities were ¥19,151,518,414.15, slightly down from ¥19,176,913,473.62 in the previous year[25] Shareholder Information - The total number of shareholders at the end of the reporting period was 138,369[11] - The largest shareholder, Shanghai Construction Group, held 60.68% of the shares[12] - As of April 24, 2015, 2,508,185,056 shares of restricted stock held by Shanghai Construction Group Co., Ltd. were listed for trading[15] Cash Flow - The net cash flow from operating activities was CNY -7.60 billion, an improvement of 4.3% compared to the previous year[6] - Cash inflow from operating activities totaled CNY 39.45 billion, up from CNY 33.29 billion, representing a 18.5% increase year-over-year[35] - Cash inflow from investment activities was CNY 2.56 billion, compared to CNY 1.22 billion, marking a 109.1% increase[36] - Cash inflow from financing activities was CNY 4.27 billion, down from CNY 7.93 billion, a decrease of 46.5%[36] - The ending cash and cash equivalents balance was CNY 25.32 billion, up from CNY 19.89 billion, an increase of 27.3%[36] Changes in Assets - The company's receivable dividends decreased by 300,000 yuan compared to the beginning of the year, mainly due to dividends received from affiliated enterprises[14] - Other current assets increased by 110 million yuan compared to the beginning of the year, primarily due to the net increase in bank wealth management products purchased by subsidiaries[14] - Available-for-sale financial assets increased by 1.235 billion yuan compared to the beginning of the year, mainly due to the appreciation of stocks held in Dongfang Securities, resulting in a fair value change of 1.263 billion yuan[14] - Long-term payables increased by 43 million yuan compared to the beginning of the year, mainly due to increased performance bonds payable by subsidiaries[14] - Deferred income tax liabilities increased by 302 million yuan compared to the beginning of the year, primarily due to the appreciation of Dongfang Securities and the corresponding deferred tax liabilities of 316 million yuan[14] - Other comprehensive income increased by 977 million yuan compared to the beginning of the year, mainly due to the appreciation of Dongfang Securities and an increase in foreign currency translation differences[14] - Financial expenses increased by 60 million yuan compared to the same period last year, mainly due to increased interest expenses from bank loans[14] - Investment income increased by 17.213 million yuan compared to the same period last year, primarily due to increased investment income from joint ventures and affiliated enterprises[14] Inventory and Receivables - Accounts receivable increased from ¥12.07 billion to ¥9.81 billion, a decrease of about 18.7%[19] - Inventory rose from ¥41.44 billion to ¥43.15 billion, an increase of approximately 4.1%[19] - The company reported a significant increase in other receivables from ¥4.17 billion to ¥5.10 billion, an increase of approximately 22.5%[19] Other Financial Metrics - The weighted average return on net assets decreased by 0.42 percentage points to 2.01%[6] - Cash outflow for purchasing goods and services increased to CNY 40.80 billion from CNY 36.24 billion, a rise of 12.5%[35] - Net cash flow from investment activities improved to negative CNY 188.06 million from negative CNY 2.07 billion[36] - Net cash flow from financing activities was CNY 1.60 billion, down from CNY 2.61 billion, a decline of 38.5%[36]