2015-04-28 16:00Financial Performance - Revenue decreased by 8.54% to CNY 2,921,154,760.26 compared to the previous year[5] - Net profit attributable to shareholders increased by 26.99% to CNY 65,946,282.59 year-on-year[5] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 16.75% to CNY 40,078,744.68[5] - Basic earnings per share increased by 17.65% to CNY 0.0180 per share[5] - Diluted earnings per share increased by 22.39% to CNY 0.0164 per share[5] - Total operating revenue for Q1 2015 was CNY 2,921,154,760.26, a decrease of 8.5% compared to CNY 3,193,757,512.09 in the same period last year[32] - Total operating costs for Q1 2015 were CNY 2,830,282,330.98, down 11.0% from CNY 3,182,208,580.39 year-on-year[32] - Net profit for Q1 2015 reached CNY 78,617,446.71, an increase of 20.3% from CNY 65,395,313.55 in Q1 2014[32] - The net profit attributable to shareholders of the parent company was CNY 65,946,282.59, up 27.0% from CNY 51,931,458.49 in the previous year[32] - Earnings per share for Q1 2015 were CNY 0.0180, compared to CNY 0.0153 in Q1 2014, reflecting a growth of 17.6%[33] - Comprehensive income for Q1 2015 totaled CNY 29,419,998.42, a decrease from CNY 116,836,198.09 in Q1 2014[33] Assets and Liabilities - Total assets increased by 1.00% to CNY 66,409,345,580.77 compared to the end of the previous year[5] - Total current assets increased to CNY 6,963,466,433.28 from CNY 6,455,372,853.76, representing an increase of approximately 7.85%[23] - Total liabilities decreased to CNY 39,686,375,944.75 from CNY 43,102,671,694.13, a reduction of about 7.67%[25] - Short-term borrowings decreased to CNY 5,571,074,714.57 from CNY 6,164,278,043.21, a decrease of approximately 9.52%[24] - Total non-current assets increased to CNY 59,445,879,147.49 from CNY 59,295,028,770.15, an increase of about 0.25%[24] - Total equity attributable to shareholders increased to CNY 25,904,458,341.08 from CNY 21,829,000,679.87, an increase of about 18.92%[25] - Long-term borrowings increased to CNY 25,840,546,966.27 from CNY 23,425,342,501.52, a rise of approximately 10.31%[25] Cash Flow - Net cash flow from operating activities rose by 63.14% to CNY 828,776,977.48 compared to the same period last year[5] - Operating cash flow generated was ¥828,776,977.48, a 63.14% increase compared to the previous year, mainly due to reduced procurement and salary payments[14] - Cash inflow from operating activities totaled 2,881,875,674.56 RMB, down 15.1% from 3,395,650,747.62 RMB in the prior period[40] - Cash outflow from operating activities decreased to 2,053,098,697.08 RMB, a reduction of 29.0% from 2,887,630,328.24 RMB[40] - Net cash flow from investing activities was -708,044,322.37 RMB, an improvement from -1,690,361,787.51 RMB in the previous period[41] - Cash inflow from financing activities was 3,176,471,693.35 RMB, down 10.4% from 3,546,313,288.67 RMB[41] - Cash outflow from financing activities increased to 3,795,695,063.26 RMB, up 44.4% from 2,628,599,913.33 RMB[41] - The ending cash and cash equivalents balance was 2,565,586,825.07 RMB, compared to 1,660,367,734.99 RMB in the previous period[41] Shareholder Information - Total number of shareholders reached 144,973 at the end of the reporting period[10] - The largest shareholder, China Ocean Shipping (Group) Company, holds 39.78% of the shares[10] Other Financial Metrics - Accounts receivable increased by 34.13% to ¥320,073,319.54 due to an increase in business settled by bills[14] - Prepayments rose by 75.95% to ¥705,098,291.86 primarily due to increased advance payments for agency fees and outsourced labor costs[14] - The company's capital reserve increased by 96.01% to ¥8,682,983,659.18 as a result of the conversion of convertible bonds[14] - Other payables surged by 129.79% to ¥468,123,974.99, primarily due to internal fund occupation by a subsidiary[14] - The company reported a 94.42% increase in non-operating income to ¥36,431,703.73, mainly due to increased government subsidies[14] - The company redeemed all ¥34,496,000 of convertible bonds on February 9, 2015, following the triggering of early redemption clauses[15] - The total share capital increased to ¥4,032,032,861.00 after the conversion of convertible bonds, with a total of 627,480,591 shares converted[15]