TYHI(SH:600169)2016-04-29 16:00Financial Performance - Operating revenue fell by 59.44% to CNY 534.88 million year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 235.22 million, a decrease of 512.98% compared to the previous year[6] - Cash flow from operating activities showed a negative net amount of CNY 629.87 million, worsening by 90.63% year-on-year[6] - Basic and diluted earnings per share were both CNY -0.0917, a decrease of 5,831.25% compared to the previous year[6] - Total operating revenue for Q1 2016 was CNY 534,881,450.71, a decrease of 59.5% compared to CNY 1,318,644,686.38 in the same period last year[26] - Net profit for Q1 2016 was a loss of CNY 222,207,482.90, compared to a profit of CNY 3,831,645.95 in Q1 2015[27] - The company's operating revenue for Q1 2016 was ¥423,495,071.13, a decrease of 53.8% compared to ¥919,020,541.94 in the same period last year[29] - The net profit for Q1 2016 was a loss of ¥172,246,646.95, compared to a profit of ¥22,820,981.37 in Q1 2015, indicating a significant decline[30] Assets and Liabilities - Total assets decreased by 2.27% to CNY 27.76 billion compared to the end of the previous year[6] - Total assets decreased from ¥28,399,857,294.05 to ¥27,756,394,110.37[19] - Current liabilities decreased from ¥18,521,405,936.54 to ¥17,979,721,466.55[19] - Total assets as of March 31, 2016, amounted to CNY 22,378,856,386.87, a slight decrease from CNY 22,610,584,735.13 at the beginning of the year[24] - Total liabilities as of March 31, 2016, were CNY 17,298,797,291.48, compared to CNY 17,359,233,400.30 at the start of the year[24] Cash Flow - Cash received from sales and services decreased by 57.49% to ¥766,685,714.88[13] - The operating cash flow for Q1 2016 showed a net outflow of ¥629,865,425.00, worsening from a net outflow of ¥330,407,377.47 in the previous year[33] - The total cash and cash equivalents at the end of Q1 2016 were ¥771,967,799.39, down from ¥2,121,252,528.08 at the end of Q1 2015[34] - Cash inflow from operating activities totaled $1.10 billion, down from $1.48 billion year-over-year[35] - Cash outflow from operating activities was $1.58 billion, slightly decreased from $1.58 billion in the previous period[35] - The net cash flow from operating activities was -$482.17 million, compared to -$106.97 million in the previous period, indicating a significant decline[35] Shareholder Information - The total number of shareholders reached 181,987 at the end of the reporting period[10] - The largest shareholder, Taiyuan Heavy Machinery (Group) Manufacturing Co., Ltd., holds 27.34% of the shares[10] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 13.01 million for the period[8] - The weighted average return on net assets decreased by 4.24 percentage points to -4.17%[6] - The company reported a government subsidy included in non-operating income of CNY 14.13 million[7] - Other current assets increased by 31.89% to ¥160,851,406.31 due to unrecognized input tax[12] - Long-term receivables rose by 50.06% to ¥29,762,630.32 as a result of increased installment sales[12] - Other non-current assets increased by 43.07% to ¥73,809,875.57 due to higher project payments[12] - Accounts payable decreased by 37.19% to ¥1,249,409,197.17 due to reduced use of notes[13] - Tax payable decreased by 55.83% to ¥40,318,704.65 as tax payments increased[13] - Operating costs decreased by 60.11% to ¥425,442,195.87 reflecting lower sales[13] - The company incurred an asset impairment loss of ¥34,587,288.71 in Q1 2016, contrasting with a gain of ¥120,870,617.90 in the previous year[29] - The financial expenses for Q1 2016 amounted to ¥93,958,914.84, a decrease from ¥123,400,551.72 in Q1 2015[29]