RIZHAO PORT(SH:600017)2016-04-27 16:00Financial Performance - The net profit attributable to shareholders decreased by 38.76% to CNY 79.60 million year-on-year[12]. - Operating revenue for the first quarter was CNY 1.10 billion, down 4.28% from the same period last year[12]. - The basic earnings per share fell by 38.10% to CNY 0.026[12]. - Operating profit for Q1 2016 was CNY 125,725,747.22, down 33.5% from CNY 188,951,566.51 in Q1 2015[33]. - Net profit attributable to shareholders for Q1 2016 was CNY 79,603,940.44, a decline of 38.8% compared to CNY 129,988,087.72 in the previous year[34]. - Net profit for the current period is ¥88,584,879.59, a decline of 12.6% compared to ¥101,357,103.41 in the previous period[37]. - The company’s total profit for the current period is ¥102,853,488.29, down 17.5% from ¥124,623,479.60 in the previous period[37]. Asset and Liability Changes - The total assets of Rizhao Port increased by 2.04% to CNY 18.98 billion compared to the end of the previous year[6]. - Total assets increased to ¥18,975,697,910.01 from ¥18,596,323,368.68[25]. - Total liabilities increased to ¥7,638,839,402.72 from ¥7,350,692,391.16[25]. - Total liabilities increased to CNY 6,535,319,302.98 from CNY 6,075,111,140.17 at the start of the year, reflecting a rise of 7.6%[31]. - Current assets totaled CNY 2,038,210,830.25, up from CNY 1,841,142,522.62 at the beginning of the year, representing an increase of 10.7%[30]. - Non-current assets totaled CNY 14,608,386,547.56, an increase from CNY 14,248,904,275.01 at the beginning of the year[30]. Cash Flow Analysis - The net cash flow from operating activities dropped significantly by 69.94% to CNY 75.42 million[6]. - Cash flow from operating activities decreased by 69.94% to ¥7,542,14 from ¥25,093,37[20]. - Cash flow from investing activities decreased by 31.31% to -¥60,050,72 from -¥45,733,54[20]. - Cash flow from financing activities increased by 116.90% to ¥60,395,90 from ¥27,845,13[20]. - Cash flow from operating activities generated a net amount of ¥75,421,369.24, significantly lower than ¥250,933,661.41 in the previous period, representing a decrease of 70.0%[39]. - Cash flow from investing activities resulted in a net outflow of ¥600,507,232.86, compared to a net outflow of ¥457,335,448.13 in the previous period[39]. - Cash flow from financing activities generated a net inflow of ¥603,959,007.87, an increase from ¥278,451,284.58 in the previous period[40]. Shareholder Information - The company reported a total of 200,941 shareholders at the end of the reporting period[9]. - The major shareholder, Rizhao Port Group, holds 41.62% of the shares, with 59.14 million shares frozen[9]. Other Financial Metrics - The weighted average return on net assets decreased by 0.52 percentage points to 0.78%[6]. - Other current assets decreased by 82.91% to ¥28,376,753.44 from ¥166,042,784.89[13]. - Other non-current assets increased by 373.67% to ¥505,231,145.17 from ¥106,662,243.04[13]. - Prepayments decreased by 52.65% to ¥69,236,691.53 from ¥146,225,686.49[13]. - Interest payable decreased by 65.58% to ¥33,295,876.04 from ¥96,742,517.53[13]. - Other payables decreased by 34.61% to ¥439,263,670.00 from ¥671,792,453.69[13]. - Short-term borrowings increased significantly to CNY 950,000,000.00 from CNY 587,000,000.00, marking a rise of 61.7%[30]. - The company’s cash and cash equivalents at the end of the period were CNY 350,861,625.72, slightly up from CNY 339,186,028.17 at the start of the year[30]. - The ending balance of cash and cash equivalents is ¥764,228,631.35, down from ¥1,081,041,141.38 in the previous period[40]. - The company received ¥1,030,000,000.00 in borrowings during the current period, compared to ¥498,000,000.00 in the previous period[40]. - The company paid ¥312,812,214.89 in debt repayments, an increase from ¥100,206,520.44 in the previous period[40].