HNHS(SH:600156)2016-04-27 16:00Financial Performance - Operating revenue increased by 17.46% to CNY 160,644,273.86 compared to the same period last year[7] - Net profit attributable to shareholders decreased by 32.88% to CNY -13,173,065.00 compared to the same period last year[7] - Basic and diluted earnings per share both decreased by 49.51% to CNY -0.0305[7] - Operating income fell by 58.02% to ¥853,422.52 primarily due to a reduction in government subsidies[14] - Operating profit was reported at CNY -16,653,590.11, worsening from CNY -11,977,531.27 in the same period last year[29] - Net profit for the period was CNY -16,575,576.62, compared to CNY -9,965,303.30 in the previous year[31] - The net profit attributable to the parent company was CNY -12,261,381.20, a decline from CNY -8,195,111.29 year-over-year[31] Cash Flow - Cash flow from operating activities showed a significant decline of 468.75%, resulting in CNY -14,845,901.39[7] - Net cash flow from operating activities decreased by 468.75% to -¥14,845,901.39, with a significant reduction in tax refunds received[14] - The cash inflow from operating activities totaled 271,171,769.52 RMB, while cash outflow was 286,017,670.91 RMB, leading to a net cash outflow from operating activities[36] - The company received tax refunds amounting to 14,244,515.36 RMB, down from 24,479,153.14 RMB in the previous year, reflecting a decrease in tax recovery[36] Assets and Liabilities - Total assets decreased by 1.21% to CNY 1,169,546,457.68 compared to the end of the previous year[7] - Total current assets decreased to CNY 41,946,002.96 from CNY 48,155,633.82 at the beginning of the year, a decline of 12.5%[23] - Total liabilities decreased to CNY 10,939,858.94 from CNY 16,095,756.68, a reduction of 32.3%[25] - The company's total equity decreased from ¥771,506,986.89 to ¥754,931,410.27[21] - Current liabilities increased slightly from ¥377,490,721.42 to ¥380,370,283.76[21] - The company's cash and cash equivalents decreased from ¥189,924,759.07 to ¥185,550,357.99[18] - Inventory decreased from ¥322,640,934.01 to ¥315,087,937.63, indicating a reduction in stock levels[18] Shareholder Information - The number of shareholders reached 23,413 at the end of the reporting period[10] - The largest shareholder, Hunan Huasheng Group, holds 40.3% of the shares, with 75,000,000 shares pledged[10] Non-Recurring Items - Non-recurring gains and losses totaled CNY 911,683.82 for the reporting period[9] Financial Expenses and Investments - Financial expenses decreased by 84.97% to ¥283,257.21 due to exchange rate fluctuations[14] - Net cash flow from investing activities decreased by 99.60% to -¥80,317.79, as there were no new external investments this period[14] - The company reported an investment cash outflow of 80,317.79 RMB, compared to 20,187,984.13 RMB in the previous period, indicating a significant reduction in investment activities[37] Other Financial Metrics - The weighted average return on net assets decreased by 14.05 percentage points to -1.38%[7] - Total operating costs amounted to CNY 177,297,863.97, up 19.2% from CNY 148,742,813.98 year-over-year[29] - The total profit for the period was -1,074,073.70 RMB, compared to a profit of 2,206,858.46 RMB in the previous year, indicating a significant decrease[33] - The company incurred management expenses of 1,219,448.45 RMB, down from 1,753,874.95 RMB, reflecting a reduction of approximately 30.4%[33] - The financing activities generated a net cash outflow of -1,032,692.90 RMB, compared to -661,671.17 RMB in the previous year, showing an increase in cash outflow from financing[37] - The cash and cash equivalents at the end of the period were 201,509,270.07 RMB, up from 112,229,048.30 RMB, indicating an increase in liquidity[37]