TYHI(SH:600169)2015-04-28 16:00Financial Performance - Operating revenue for the current period was CNY 1,318,644,686.38, down 14.71% year-on-year[7] - Net profit attributable to shareholders of the listed company was a loss of CNY 38,372,778.81, representing a decrease of 203.42% compared to the same period last year[7] - Basic and diluted earnings per share were both CNY 0.0016, down 38.46% from CNY 0.0026 in the previous year[7] - Total revenue for Q1 2015 was CNY 1,318,644,686.38, a decrease of 13.8% compared to CNY 1,546,050,071.48 in the same period last year[23] - Net profit for Q1 2015 was CNY 3,831,645.95, a decline of 38.9% from CNY 6,272,420.84 in the previous year[24] - The company's net profit for Q1 2015 was ¥22,820,981.37, an increase from ¥7,234,311.07 in the same period last year, representing a growth of approximately 215.5%[27] - Operating revenue from sales of goods and services reached ¥1,803,679,185.33, up from ¥1,452,027,112.89, indicating a year-over-year increase of about 24.1%[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 27,448,115,443.30, a decrease of 0.55% compared to the end of the previous year[7] - The total assets of Taiyuan Heavy Industry Co., Ltd. as of March 31, 2015, amounted to RMB 27,448,115,443.30, a decrease from RMB 27,600,712,956.24 at the beginning of the year[17] - The company's total liabilities were CNY 17,197,203,083.62, a decrease of 1.5% compared to CNY 17,458,751,452.97 at the start of the year[21] - The total liabilities of the company were RMB 22,028,050,879.61, a slight decrease from RMB 22,184,456,177.35 at the beginning of the year[18] - Current assets totaled CNY 16,518,969,723.90, slightly down from CNY 16,724,864,384.61 at the start of the year, a decrease of 1.23%[20] - Current liabilities amounted to CNY 14,163,692,904.30, down 3.6% from CNY 14,687,914,793.61 at the beginning of the year[21] Cash Flow - Cash flow from operating activities improved to a loss of CNY 330,407,377.47, an increase of 25.16% compared to the previous year[7] - The net cash flow from operating activities was -¥330,407,377.47, an improvement compared to -¥441,468,728.95 in the previous year, showing a reduction in cash outflow of approximately 25.1%[29] - The total cash outflow from operating activities was ¥2,189,802,514.24, compared to ¥1,926,001,159.98 in the previous year, reflecting an increase of about 13.7%[29] - The company received tax refunds amounting to ¥24,223,568.58 during the quarter, contributing to the overall cash inflow[29] Shareholder Information - The total number of shareholders at the end of the reporting period was 171,084[12] - The largest shareholder, Taiyuan Heavy Machinery (Group) Manufacturing Co., Ltd., held 662,650,710 shares, accounting for 27.34% of the total shares[12] Government Subsidies and Non-Operating Income - Government subsidies recognized in the current period amounted to CNY 48,712,913.31[9] - The company reported non-operating income of CNY 1,099,812.96 from other sources[9] - The company reported an increase in government subsidies recognized, with non-operating income rising by 112.91% to RMB 49,888,683.05 from RMB 23,431,739.41[16] Financial Expenses and Inventory - Financial expenses rose by 56.29% to RMB 136,738,084.20 compared to RMB 87,491,228.17 in the previous year, attributed to an increase in interest-bearing liabilities[16] - The company's inventory increased to RMB 7,164,330,899.39 from RMB 6,663,086,666.17, reflecting a growth of approximately 7.53%[16] Equity and Earnings - The total owner's equity increased slightly to RMB 5,420,064,563.69 from RMB 5,416,256,778.89, reflecting a growth of approximately 0.07%[18] - The basic and diluted earnings per share for Q1 2015 were both ¥0.0094, compared to ¥0.0030 in the same period last year, reflecting an increase of 113.3%[27]