SHRC(600392)2015-04-22 16:00Financial Performance - Operating revenue fell by 25.33% to CNY 174,705,663.24 year-on-year[7] - Net profit attributable to shareholders increased by 123.66% to CNY 15,760,422.92 compared to the same period last year[7] - Basic earnings per share increased by 121.05% to CNY 0.042 per share[7] - Operating revenue decreased by 25.33% compared to the same period last year, while operating costs fell by 36.82%[14] - Net profit for Q1 2015 reached CNY 15,620,352.40, an increase of 118.5% compared to CNY 7,164,880.13 in Q1 2014[26] - Earnings per share for Q1 2015 were CNY 0.04, up from CNY 0.02 in the same quarter last year[26] Assets and Liabilities - Total assets decreased by 8.15% to CNY 1,690,980,335.91 compared to the end of the previous year[7] - Total assets decreased from ¥1,841,084,393.10 to ¥1,690,980,335.91, reflecting a reduction in cash and cash equivalents[18] - Total liabilities as of March 31, 2015, were CNY 44,006,534.81, an increase from CNY 41,602,021.30 at the start of the year[23] - The company's total equity as of March 31, 2015, was CNY 2,340,826,278.45, a slight decrease from CNY 2,343,204,676.57 at the beginning of the year[23] Cash Flow - Cash flow from operating activities improved to -CNY 71,607,099.62, a significant reduction from -CNY 191,745,838.80 in the previous year[7] - Net cash flow from operating activities improved by 62.66% to -¥71,607,099.62, reflecting increased cash receipts from sales[14] - Cash inflow from operating activities totaled ¥448,487,972.12, significantly higher than ¥148,543,400.28 in the previous period[33] - Cash outflow from operating activities increased to ¥520,095,071.74 from ¥340,289,239.08, representing a rise of approximately 53%[33] - The ending balance of cash and cash equivalents decreased to ¥54,084,140.04 from ¥264,847,107.25, a decline of approximately 79%[34] Shareholder Information - The total number of shareholders reached 18,755 at the end of the reporting period[12] - The largest shareholder, China Geological Survey Institute, holds 20.14% of shares[12] - The company has a total of 10 major shareholders, with the top three holding a combined 41.24% of shares[12] Financial Expenses and Tax - Financial expenses increased by 89.49% to ¥5,727,172.30 due to a larger average loan scale and higher interest expenses[14] - The company reported a significant increase in income tax expenses by 144.90% to ¥3,628,466.87 due to higher profit levels[14] Inventory and Receivables - Accounts receivable increased by 30.17% to ¥229,380,579.42 as the collection period had not yet been reached[14] - Inventory rose by 51.67% to ¥580,129,786.20 due to substantial purchases of raw materials and rare earth metals[14] Other Financial Metrics - The weighted average return on equity rose by 0.59 percentage points to 1.25%[7] - The company reported non-recurring gains of CNY 760,181.13 during the period[10] - Management expenses increased to ¥2,842,075.32 from ¥2,241,929.86, reflecting a growth of approximately 27%[28] - The total profit (loss) for the current period is reported at -¥2,378,398.12, compared to -¥2,171,025.46 in the previous period, indicating a worsening of approximately 9.5%[29]