SPEG(600679)2015-04-24 16:00Financial Performance - Operating revenue decreased by 43.04% year-on-year to CNY 71,936,381.38[6] - Net profit attributable to shareholders of the listed company was a loss of CNY 789,337.54, compared to a loss of CNY 7,948,046.95 in the same period last year[6] - The weighted average return on net assets was -0.1188%, improving from -1.3445% year-on-year[6] - Operating revenue decreased by 43.04% to ¥71,936,381.38 due to a reduction in sales volume[14] - Operating costs fell by 39.37% to ¥63,243,059.32, also attributed to decreased sales volume[14] - Net loss for Q1 2015 was CNY 6,257,403.85, an improvement from a net loss of CNY 8,327,847.86 in Q1 2014[29] - The company's operating revenue for the current period is ¥500,475, a significant decrease of 79.9% compared to ¥2,484,419.97 in the previous period[32] - Operating profit for the current period is ¥3,696,812.22, a turnaround from a loss of ¥6,717,217.21 in the previous period[32] - Net profit for the current period is ¥4,989,485.11, compared to a net loss of ¥7,001,538.91 in the previous period[32] - Total comprehensive income for the current period is ¥45,713,242.41, compared to a loss of ¥5,886,298.00 in the previous period[33] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,221,927,986.12, an increase of 0.80% compared to the end of the previous year[6] - Total current assets decreased to ¥441,406,616.38 from ¥494,800,313.14, reflecting a decline in cash and inventory levels[20] - Total liabilities decreased to ¥492,812,363.92 from ¥519,663,482.14, indicating improved financial stability[22] - The company's total assets as of March 31, 2015, amounted to CNY 906,756,354.00, up from CNY 853,986,626.60 at the beginning of the year[27] - Total liabilities increased to CNY 227,798,219.44 from CNY 220,741,734.45 at the start of the year, reflecting a rise of 2.4%[26] - The company's total equity rose to CNY 678,958,134.56, compared to CNY 633,244,892.15 at the beginning of the year, marking an increase of 7.2%[27] Shareholder Information - The company had a total of 35,390 shareholders at the end of the reporting period[10] - The top shareholder, Shanghai Jinshan District State-owned Assets Supervision and Administration Commission, held 33.13% of the shares[10] - The company reported a total equity of ¥729,115,622.20, up from ¥692,610,195.18, reflecting a positive change in shareholder value[22] Cash Flow - Cash flow from operating activities was a negative CNY 9,828,789.82, an improvement from a negative CNY 23,149,763.13 in the previous year[6] - Net cash flow from operating activities improved by 57.54%, resulting in a cash outflow of ¥9,828,789.82 compared to ¥23,149,763.13 in the previous period[15] - Net cash flow from financing activities increased by 583.14% to ¥12,412,863.55, driven by an increase in cash received from investments[15] - Cash flow from operating activities shows a net outflow of ¥9,828,789.82, an improvement from a net outflow of ¥23,149,763.13 in the previous period[35] - Cash flow from investing activities has a net outflow of ¥27,606,496.90, compared to a net outflow of ¥39,843,846.68 in the previous period[36] - Cash flow from financing activities shows a net inflow of ¥12,412,863.55, compared to a net outflow of ¥2,569,221.28 in the previous period[36] Other Financial Metrics - Cash flow from operating activities was a negative CNY 9,828,789.82, an improvement from a negative CNY 23,149,763.13 in the previous year[6] - The company has reduced its management expenses to ¥5,486,203.10 from ¥8,194,224.65 in the previous period, indicating a cost-cutting strategy[32] - Other comprehensive income after tax for Q1 2015 was CNY 40,723,757.30, significantly higher than CNY 1,115,240.91 in Q1 2014[29] - The company received cash from investment income amounting to ¥3,240,000.00, a significant increase from ¥66,900.00 in the previous period[38]