CJS(SH:600176)2015-04-21 16:00Financial Performance - Net profit attributable to shareholders surged by 662.95% to CNY 185,715,235.38 from CNY 24,341,674.21 in the same period last year[7] - Basic earnings per share reached CNY 0.2128, a 662.72% increase from CNY 0.0279 in the same period last year[7] - Net profit for Q1 2015 reached CNY 185,867,972.51, compared to CNY 24,154,167.80 in Q1 2014, representing a significant increase of 669.5%[30] - The company reported a comprehensive income total of CNY 260,604,574.25 for Q1 2015, compared to CNY 23,622,563.77 in Q1 2014, indicating a substantial increase[30] Revenue and Sales - Operating revenue rose by 42.34% to CNY 1,655,850,177.05, driven by increased sales volume and prices[12] - Total operating revenue for Q1 2015 was CNY 1,655,850,177.05, an increase of 42.4% compared to CNY 1,163,308,775.19 in the same period last year[29] - Cash received from sales and services increased by 41.08% to approximately ¥1.26 billion compared to the same period last year[16] - The cash inflow from sales of goods and services was CNY 1,261,936,363.99, compared to CNY 894,508,081.08 in the previous period, showing growth[35] Assets and Liabilities - Total assets increased by 4.78% to CNY 20,248,039,024.81 compared to the end of the previous year[7] - Total current assets increased to approximately ¥6.62 billion from ¥5.81 billion at the beginning of the year[21] - The total assets as of March 31, 2015, amounted to CNY 8,553,029,134.37, an increase from CNY 8,252,278,590.37 at the beginning of the year[27] - The total liabilities as of March 31, 2015, were CNY 2,961,349,201.40, compared to CNY 2,616,991,121.66 at the start of the year, indicating a rise of 13.1%[27] Cash Flow - Net cash flow from operating activities increased by 133.62% to CNY 300,658,157.69 compared to CNY 128,696,179.51 in the previous year[7] - The cash flow from operating activities generated a net amount of CNY 300,658,157.69, an increase from CNY 128,696,179.51 in the previous period[36] - The cash flow from investing activities resulted in a net outflow of CNY 41,518,039.52, compared to a net outflow of CNY 279,744,918.52 in the previous period[36] - The cash flow from financing activities generated a net inflow of CNY 340,147,741.62, a turnaround from a net outflow of CNY 175,737,830.31 in the previous period[36] Expenses - Sales expenses rose by 63.70% to CNY 62,218,152.38, primarily due to increased transportation costs associated with higher revenue[12] - Cash paid for purchasing goods and services increased by 38.83% to approximately ¥599.71 million[16] - The company reported a decrease in management expenses to CNY 3,969,851.44 from CNY 4,689,072.37 in the previous period[32] Financing Activities - The company issued short-term financing bonds, which contributed to the increase in cash and cash equivalents during the reporting period[11] - Cash received from borrowings increased by 31.50% to approximately ¥5.16 billion, attributed to the issuance of short-term financing bonds[16] - The company received CNY 5,159,174,210.80 from borrowings, an increase from CNY 3,923,270,493.87 in the previous period[36] - The company paid CNY 4,659,799,201.89 to repay debts, slightly down from CNY 3,966,003,209.77 in the previous period[36] Government Support - Government subsidies recognized in the current period amounted to CNY 14,696,092.00, contributing positively to the financial results[7]