DETC(SH:600081)2016-04-27 16:00Financial Performance - Operating revenue increased by 8.97% to CNY 1,284,870,008.49 year-on-year[6] - Net profit attributable to shareholders decreased by 53.63% to CNY 31,065,385.88 compared to the same period last year[6] - Basic earnings per share fell by 53.63% to CNY 0.0991[6] - Total revenue for Q1 2016 was 79,371,780.85 CNY, a decrease of 33.38% compared to the previous year[12] - Net profit attributable to shareholders was 31,065,385.88 CNY, down 53.63% year-over-year[12] - Net profit for Q1 2016 was CNY 66,016,649.99, a decrease of 33.5% from CNY 99,959,850.58 in the previous year[22] - The profit attributable to the parent company's shareholders was CNY 31,065,385.88, down 53.6% from CNY 66,992,707.84 in the same quarter last year[22] - The company reported a significant decrease in investment income, which fell by 40.42% to 11,582,640.70 CNY due to lower profits from equity method investments[12] - The company reported an investment income of CNY 11,582,640.70, compared to CNY 19,440,671.83 in the previous year, reflecting a decline of 40.4%[22] - The company recorded a total comprehensive income of CNY 66,068,147.82 for Q1 2016, down from CNY 99,959,850.58 in the same quarter last year[23] Assets and Liabilities - Total assets decreased by 2.15% to CNY 4,210,695,582.16 compared to the end of the previous year[6] - Total assets as of March 31, 2016, amounted to 4,210,695,582.16 CNY, down from 4,303,172,518.61 CNY at the beginning of the year[15] - Current liabilities totaled 2,544,160,004.57 CNY, a decrease from 2,701,569,826.72 CNY at the start of the year[16] - Total liabilities decreased to 2,608,089,433.06 CNY from 2,771,534,517.34 CNY, reflecting a reduction in financial obligations[16] - Total liabilities decreased to CNY 171,184,216.70 from CNY 180,290,170.45, representing a reduction of 5.8%[20] Cash Flow - Cash flow from operating activities decreased by 13.33% to CNY 78,071,801.62[6] - Cash flow from operating activities was 78,071,801.62 CNY, a decrease of 13.33% compared to the previous period[12] - The company's cash flow from financing activities was -11,193,024.84 CNY, an improvement from -51,149,846.38 CNY in the previous period[12] - The net cash flow from operating activities was 78,071,801.62 RMB, down from 90,082,721.00 RMB in the previous year[27] - The company reported a cash outflow from investing activities of -66,267,055.64 RMB, an improvement from -72,723,771.02 RMB year-over-year[27] - Total cash inflow from financing activities was 321,900,000.00 RMB, significantly higher than 107,500,000.00 RMB in the previous year[28] - The net cash flow from financing activities was -11,193,024.84 RMB, compared to -51,149,846.38 RMB in the same period last year[28] - The total cash outflow for operating activities was 1,165,757,071.39 RMB, compared to 1,138,844,095.68 RMB in the previous year[27] Shareholder Information - The total number of shareholders reached 31,530 at the end of the reporting period[9] - The largest shareholder, Dongfeng Automotive Parts (Group) Co., Ltd., holds 65.00% of the shares[9] Inventory and Investments - Inventory decreased to 328,502,983.44 CNY from 414,827,530.33 CNY, indicating a reduction in stock levels[14] - The company’s long-term equity investments increased to 266,909,387.63 CNY from 250,435,486.65 CNY[14]