Financial Performance - Operating revenue for the period was CNY 10.38 billion, a decline of 15.46% year-on-year[6]. - Net profit attributable to shareholders of the listed company was a loss of CNY 332.92 million, compared to a loss of CNY 189.97 million in the same period last year[6]. - Basic and diluted earnings per share were both CNY -0.0395, compared to CNY -0.0295 in the same period last year[6]. - The net loss for Q1 2016 was ¥322,047,899.15, compared to a net loss of ¥188,844,579.82 in Q1 2015, representing an increase in loss of 70.5%[25]. - The company's operating revenue for the current period is approximately ¥9.90 billion, a decrease of 14.1% compared to ¥11.53 billion in the previous period[27]. - The net profit for the current period is a loss of approximately ¥352.90 million, worsening from a loss of ¥198.31 million in the previous period[27]. - The company reported an operating profit of -¥318,569,402.51 for Q1 2016, worsening from -¥192,455,245.38 in the previous year[25]. - The company’s total comprehensive income for the current period is a loss of approximately ¥352.90 million, compared to a loss of ¥198.31 million in the previous period[27]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 52.30 billion, a decrease of 1.83% compared to the end of the previous year[6]. - The company's total assets decreased to ¥44,025,776,034.98 from ¥45,667,749,467.90 at the beginning of the year, a decline of 3.6%[24]. - Current assets totaled ¥9,570,207,179.61, down 16.0% from ¥11,428,695,894.89 at the start of the year[24]. - Total liabilities decreased to ¥27,886,596,015.76 from ¥29,169,238,226.83, a reduction of 4.4%[24]. - The company's equity attributable to shareholders decreased to ¥16,139,180,019.22 from ¥16,498,511,241.07, a decline of 2.2%[24]. Cash Flow - The net cash flow from operating activities was CNY 350.44 million, a significant improvement from a negative cash flow of CNY 741.72 million in the previous year[6]. - The cash flow from operating activities shows a net inflow of approximately ¥350.44 million, a significant improvement from a net outflow of ¥741.72 million in the previous period[28]. - Net cash flow from investing activities decreased to -¥1,223,981,055.03 from -¥99,082,384.52, primarily due to increased capital expenditures[14]. - The company’s cash flow from investment activities resulted in a net outflow of approximately ¥1.22 billion, compared to a net outflow of ¥99.08 million in the previous period[28]. - Cash flow from financing activities shows a net inflow of approximately ¥83.61 million, down from ¥114.52 million in the previous period[29]. Shareholder Information - The total number of shareholders at the end of the reporting period was 265,452[10]. - The top shareholder, Jinan Steel Group Co., Ltd., held 30.26% of the shares, amounting to 2.55 billion shares[11]. Receivables and Payables - Accounts receivable decreased by 69.17% to ¥386,522,465.07 from ¥1,253,716,924.84 due to customer repayments[14]. - Other receivables decreased by 70.34% to ¥256,723,025.56 from ¥865,481,630.99, also attributed to customer repayments[14]. - The company reported a significant reduction in tax payable by 90.05% to ¥11,908,012.93 from ¥119,726,658.74, reflecting tax payments made during the period[14]. - Interest payable decreased by 75.95% to ¥32,419,333.69 from ¥134,772,866.62, due to interest payments on corporate bonds[14]. Operating Costs and Expenses - Total operating costs for Q1 2016 were ¥10,699,841,685.59, down 14.2% from ¥12,464,829,689.43 year-on-year[25]. - The company incurred total operating costs of approximately ¥9.67 billion, down from ¥11.08 billion in the previous period, reflecting a decrease of 12.7%[27]. - Operating income decreased by 71.65% to ¥2,075,953.13 from ¥7,321,614.20, attributed to reduced government subsidies received in the previous year[14]. - Non-operating expenses increased by 222.51% to ¥3,433,018.56 from ¥1,064,472.76, due to the disposal of non-current assets during the reporting period[14]. - The company reported non-operating income and expenses totaling CNY -1.02 million, with various non-recurring losses impacting the financial results[8].
山东钢铁(600022) - 2016 Q1 - 季度财报