山东钢铁(600022) - 2015 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders was a loss of CNY 189,968,420.93, compared to a loss of CNY 370,536,173.84 in the same period last year[6] - Operating revenue for the period was CNY 12,272,374,444.05, down 12.78% from CNY 14,071,230,463.70 year-on-year[6] - The company reported a net loss of CNY 3,407,040,069.50, compared to a loss of CNY 3,217,071,648.57 at the beginning of the year, indicating a worsening financial position[21] - Net profit for the current period is -¥188,844,579.82, a 49.1% improvement compared to -¥369,790,609.65 in the previous period[26] - Total comprehensive income for the current period is -¥188,844,579.82, compared to -¥369,790,609.65 in the previous period, showing a significant reduction in losses[26] Cash Flow - The net cash flow from operating activities was negative CNY 777,508,494.75, a decline of 192.61% compared to the previous year[6] - Cash flow from operating activities shows a net outflow of -¥777,508,494.75, compared to a net inflow of ¥839,520,213.91 in the previous period[30] - The net cash flow from financing activities improved to 114,523,916.40 RMB, compared to -61,375,949.34 RMB previously[32] - Cash inflow from financing activities totaled 2,766,000,000.00 RMB, down from 5,009,143,260.00 RMB in the prior period[32] - The cash flow from investment activities was -70,083,190.24 RMB, an improvement from -372,537,107.57 RMB in the last period[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 46,930,487,525.86, a decrease of 0.07% compared to the previous year[6] - Total liabilities increased to CNY 35,451,618,804.42 from CNY 35,297,531,716.92, showing a rise of approximately 0.4%[21] - Non-current liabilities totaled CNY 3,461,848,644.09, up from CNY 3,316,620,241.26, indicating an increase of about 4.4%[21] - The company's total equity decreased to CNY 11,478,868,721.44 from CNY 11,665,199,239.66, reflecting a decline of approximately 1.6%[21] Shareholder Information - The number of shareholders at the end of the reporting period was 260,512[10] - The top shareholder, Jinan Steel Group Co., Ltd., held 39.59% of the shares, amounting to 2,548,435,534 shares[10] Accounts Receivable and Inventory - Accounts receivable increased by 145.37% to CNY 2,172,271,425.19 compared to the previous period[12] - Inventory decreased to 3,828,755,096.39 RMB from 4,087,448,000.42 RMB, reflecting improved inventory management[20] - Accounts receivable increased significantly to 2,126,637,339.77 from 830,859,655.59, representing a growth of over 156%[23] - Inventory decreased to CNY 3,592,043,925.34 from CNY 3,902,545,943.30, a reduction of about 7.9%[23] Operating Costs and Expenses - Total operating costs decreased to ¥12,464,829,689.43 from ¥14,438,570,366.22, reflecting a reduction of 13.4%[26] - The company reported a decrease in sales expenses to ¥70,079,045.59 from ¥63,411,543.73, reflecting a strategic cost management approach[26] Other Financial Metrics - The weighted average return on equity increased by 1.24 percentage points to -1.65% from -2.89%[6] - Basic and diluted earnings per share are both -¥0.0295, an improvement from -¥0.0576 in the previous period[26] - The company received a notice of acceptance from the China Securities Regulatory Commission for its non-public stock issuance application[13]