ZHONGJIN GOLD(SH:600489)2015-04-24 16:00Financial Performance - Net profit attributable to shareholders decreased by 86.24% year-on-year, amounting to 17.94 million CNY[6]. - Operating revenue for the period was 7.99 billion CNY, reflecting a slight increase of 0.93% compared to the same period last year[6]. - Total profit decreased by 65.94% due to falling gold and copper prices[12]. - Basic and diluted earnings per share both fell by 75% to 0.01 CNY[6]. - Net profit for Q1 2015 was CNY 42,278,757.02, a decrease of 76.36% from CNY 178,665,893.46 in Q1 2014[27]. - The total comprehensive income for Q1 2015 was CNY 42,278,757.02, a decrease of 76.36% compared to CNY 178,665,893.46 in Q1 2014[28]. Assets and Liabilities - Total assets increased by 10.79% from the end of the previous year, reaching 30.62 billion CNY[6]. - Total current assets increased to ¥9,433,573,901.98 from ¥7,477,013,998.32, representing a growth of approximately 26.1%[18]. - Total non-current assets increased to ¥21,188,002,234.94 from ¥20,163,491,183.27, reflecting a growth of about 5.1%[19]. - Total liabilities rose to ¥18,518,766,123.09 from ¥15,595,251,129.40, an increase of approximately 18.5%[20]. - The total liabilities as of Q1 2015 amounted to CNY 7,945,835,974.95, compared to CNY 6,747,034,148.39 in the previous year, reflecting an increase of 17.73%[24]. - Total equity increased to ¥12,102,810,013.83 from ¥12,045,254,052.19, a slight increase of approximately 0.5%[20]. Cash Flow - The net cash flow from operating activities dropped by 78.92% to 109.48 million CNY[6]. - Cash flow from operating activities for Q1 2015 was CNY 8,443,653,159.16, an increase from CNY 7,630,593,890.19 in Q1 2014[32]. - Cash outflow from operating activities totaled 8,469,216,497.29 RMB, an increase from 6,867,262,645.96 RMB in the previous period[34]. - Total cash inflow from financing activities was 1,400,000,000.00 RMB, up from 520,000,000.00 RMB in the previous period[35]. - Cash flow from financing activities netted 1,138,187,197.99 RMB, an increase from 480,502,137.50 RMB in the previous period[35]. Shareholder Information - The total number of shareholders at the end of the reporting period was 281,411[10]. - The largest shareholder, China National Gold Group Corporation, holds 50.01% of the shares[11]. Investments and Expenses - Long-term equity investments surged by 1750.50% due to investments in China National Gold Group Financial Co., Ltd.[12]. - Financial expenses rose by 107.15% as external borrowings increased compared to the same period last year[12]. - Cash paid for fixed assets and other long-term assets increased by 60.60% due to investments in relocation and expansion projects[14]. - The company reported a financial expense of CNY 97,106,853.40 in Q1 2015, which was significantly higher than CNY 46,877,305.07 in Q1 2014[27]. Operational Changes - The company plans to address industry competition and related transactions to protect shareholder interests[15]. - The company is actively discussing management equity incentive plans with its major shareholder[15].