MINLIST(SH:600058)2015-04-29 16:00Financial Performance - Operating revenue decreased by 54.94% to CNY 16.38 billion year-on-year[7] - Net profit attributable to shareholders was CNY -97.10 million, a decline of 319.56% compared to the previous year[7] - Basic earnings per share were CNY -0.0906, a decrease of 319.37% year-on-year[7] - Total revenue for Q1 2015 was CNY 16,380,367,752.01, a decrease from CNY 36,351,130,298.06 in the same period last year, representing a decline of approximately 55.1%[29] - The net profit for Q1 2015 was CNY 46,994,396.14, a significant decrease from CNY 392,488,896.41 in the same period last year, reflecting a decline of approximately 88%[32] - The total profit for Q1 2015 was CNY 62,659,194.86, down from CNY 412,561,627.45 in the previous year, indicating a decrease of about 84.8%[32] - The total comprehensive income for Q1 2015 was CNY -227,454,921.86, compared to CNY -76,043,726.09 in the previous year, reflecting a worsening of approximately 199%[31] Cash Flow - Net cash flow from operating activities was CNY -443.89 million, an improvement from CNY -3.38 billion in the same period last year[7] - The net cash outflow from operating activities improved by 86.86% to CNY -44,389,160.00, driven by an increase in prepayments[15] - The cash inflow from operating activities in Q1 2015 was CNY 20,804,380,811.68, down from CNY 40,853,057,347.62 in the previous year, a decline of approximately 49%[35] - The cash outflow for purchasing goods and services in Q1 2015 was CNY 18,414,622,371.16, compared to CNY 43,376,066,315.52 in the previous period, indicating a decrease of about 57.5%[35] - The net cash flow from financing activities was 1,490,654,513.34 RMB, down from 3,784,786,573.18 RMB in the previous period[36] - The cash outflow for taxes paid was 226,898,273.25 RMB, compared to 165,773,795.76 RMB in the previous period[36] Assets and Liabilities - Total assets increased by 11.98% to CNY 52.43 billion compared to the end of the previous year[7] - Non-current assets totaled CNY 14,417,284,760.32, slightly down from CNY 14,492,461,387.86 at the beginning of the year, reflecting a decrease of approximately 0.5%[22] - Current liabilities rose to CNY 37,598,098,137.69 from CNY 31,770,239,399.55, representing an increase of approximately 18.4%[22] - Total liabilities reached CNY 42,142,347,600.03, up from CNY 36,307,508,014.32, indicating an increase of around 16.5%[23] - Owner's equity decreased to CNY 10,287,398,702.23 from CNY 10,511,397,475.28, reflecting a decline of about 2.1%[23] Shareholder Information - The total number of shareholders reached 80,183 at the end of the reporting period[11] - The largest shareholder, China Minmetals Corporation, holds 62.56% of the shares[11] Inventory and Prepayments - Inventory rose by 37.24% to CNY 1,351,204,000.00 as the company expanded its steel delivery business to meet the recovering demand in the downstream construction market[15] - Prepayments increased by 77.34% to CNY 701,176,000.00, reflecting a rise in advance payments and deposits received[15] - The company reported a decrease in prepayments from CNY 3,879,578,522.71 to CNY 3,816,936,902.35, a decline of about 1.6%[25] Investment and Income - Non-operating income included CNY 11.16 million from the disposal of non-current assets[8] - The company reported a total of CNY 14.35 million in non-recurring gains and losses[8] - Investment income plummeted by 99.52% to CNY 104,440.00, as there were no significant equity disposals this period[15] - The company recorded an investment income of CNY 343,736,886.44 in the previous period, which was not reported in the current period[32]