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Consolidated Statement of Cash Flows
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2017
CNY (¥)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
CNY (¥)
Dec. 31, 2015
CNY (¥)
Operating activities        
Profit before tax ¥ 1,625,237 $ 256,776 ¥ 883,878 ¥ 686,138
Adjustments:        
Amortization of prepaid operating leases 12,366 1,954 12,819 13,433
Bad debt written off 10 2    
Cost of share-based payments 1,592 252 5,301 10,275
Depreciation of property, plant and equipment 431,567 68,184 465,093 456,002
Depreciation of investment property 248 39 248  
Dividend income from held for trading investment (2,532) (400) (943)  
Exchange loss/(gain) (8,319) (1,315) (3,407) 45,354
Fair value (gain)/loss on foreign exchange forward contract     140 (15,506)
Fair value loss/(gain) on held for trading investment (12,768) (2,017) 243 10,871
Finance costs 100,439 15,869 79,683 116,351
(Gain)/loss on disposal of:        
- associate (199) (31)    
- joint venture (107,976) (17,059)    
- intangibles asset (115,235) (18,206)    
- prepaid operating leases       (2,511)
- property, plant and equipment (11,668) (1,843) 14,020 14,874
- subsidiaries (216,115) (34,145)   13,647
Gain on liquidation of joint venture       (348)
Government grants (28,035) (4,430) (36,533) (19,597)
Interest income (105,421) (16,656) (56,983) (41,314)
Impairment losses on intangible asset 40,000 6,320 1,131 26,700
Impairment losses on property, plant and equipment 20,845 3,293 3,297 2,873
Impairment losses/(reversal of impairment losses) on trade receivables, net (10,854) (1,715) 3,696 32,938
Loss on dilution of equity interest in joint venture       2,848
Property, plant and equipment written off 5,682 898 5 4,931
Share of loss/(profit) of associates and joint ventures, net of tax (10,054) (1,589) 3,612 2,691
Write-down/(reversal of write-down) of inventories, net (19,901) (3,144) (5,171) 35,260
Write-back of trade and other payables (29) (5)   (9)
Write-back of allowance for anticipated losses on development properties       (2,976)
Profit before tax after adjustments 1,588,880 251,032 1,370,129 1,392,925
Changes in working capital        
Decrease/(increase) in inventories (897,437) (141,789) 55,299 168,176
Decrease in trade and other receivables 31,121 4,917 122,192 700,571
(Decrease)/increase in trade and other payables 850,201 134,326 861,488 (439,180)
Decrease in development properties 377 60    
Cash flows from operating activities 1,573,142 248,546 2,409,108 1,822,492
Income taxes paid (202,975) (32,069) (133,021) (135,774)
Net cash flows from operating activities 1,370,167 216,477 2,276,087 1,686,718
Investing activities        
Additional investment in subsidiaries (8,279) (1,308) (9,076) (22,499)
Additional investment in associates and joint ventures (75,000) (11,849) (1,255) (2,591)
Dividend received from:        
- held for trading investment 2,532 400 943  
- joint ventures 754 119 598 1,190
Interest received 108,481 17,139 56,734 46,402
Net cash inflow on liquidation of a joint venture       1,763
Proceeds from disposal of:        
- associate 1,832 289    
- intangible assets 50,000 7,900    
- joint venture 182,679 28,862    
- prepaid operating leases       4,505
- property, plant and equipment 15,640 2,471 667 6,602
- subsidiaries, net of cash disposed 341,602 53,971   170,703
Proceeds from government grants 50,095 7,915 13,639 39,558
Purchase of property, plant and equipment (289,472) (45,735) (351,472) (397,817)
Withdrawal/(placement) of fixed deposits with banks, net (254,294) (40,177) (282,809) 126,688
Net cash flows (used in)/from investing activities 126,570 19,997 (572,031) (25,496)
Dividends paid to:        
- equity holders of the parent (235,947) (37,278) (118,193) (142,007)
- non-controlling interests (97,009) (15,327) (87,975) (94,899)
Interest paid and discounting on bills receivable (107,246) (16,944) (110,774) (108,279)
Payment of finance lease liabilities (38) (6) (61) (85)
Proceeds from:        
- borrowings 1,814,618 286,697 1,255,659 2,534,384
- issue of bonds       398,777
- issue of shares 6,617 1,045    
(Placement)/withdrawal of fixed deposits pledged with banks for banking facilities     300,564 (300,564)
Repayment of borrowings (1,100,133) (173,813) (2,793,206) (2,772,862)
Net cash flows (used in)/from financing activities 280,862 44,374 (1,553,986) (485,535)
Net increase in cash and cash equivalents 1,777,599 280,848 150,070 1,175,687
Cash and cash equivalents, beginning balance 3,653,914 577,292 3,474,364 2,291,345
Effect of exchange rate changes on balances in foreign currencies (41,189) (6,507) 29,480 7,332
Cash and cash equivalents, ending balance 5,390,324 851,633 3,653,914 3,474,364
Significant non-cash investing and financing transactions        
Settlement of debts with trade bills ¥ 14,696,000 $ 2,322,000 ¥ 12,203,000 ¥ 12,032,000