GWE(SH:600192)2015-04-23 16:00Financial Performance - Operating revenue for the period was ¥465,222,475.41, representing a decrease of 7.53% year-on-year[6] - Net profit attributable to shareholders was ¥13,816,261.89, down 26.78% from the previous year[6] - Basic earnings per share decreased by 31.15% to ¥0.0420 compared to ¥0.0610 in the same period last year[6] - The net profit attributable to the parent company decreased by 31.04% to ¥18,571,300.77 from ¥26,931,000.44, primarily due to a decline in revenue and a reduction in government subsidies recognized as non-operating income[14] - Net profit for Q1 2015 was ¥19,950,598.31, a decline of 27.8% compared to ¥27,604,491.57 in Q1 2014[22] - The profit attributable to the parent company's shareholders was ¥18,571,300.77, down 30.9% from ¥26,931,000.44 in the previous year[22] - The company reported a total profit of ¥22,888,309.21 for Q1 2015, down 28.4% from ¥31,967,061.90 in the same quarter last year[22] - Operating profit for Q1 2015 was ¥18,160,586.77, a decrease of 19.5% from ¥22,503,622.97 in Q1 2014[22] Cash Flow - Cash flow from operating activities showed a net outflow of ¥58,055,584.51, a significant decline compared to a net inflow of ¥36,159,788.21 in the previous year, marking a decrease of 260.55%[6] - Operating cash flow net amount fell significantly to -¥58,055,584.51, a decrease of 260.55% compared to ¥36,159,788.21 at the beginning of the year, attributed to reduced cash from sales and increased operational expenses[15] - The net cash flow from operating activities was -58,055,584.51 RMB, a decrease from 36,159,788.21 RMB in the previous period, indicating a significant decline in operational performance[25] - Cash inflow from operating activities totaled 288,520,141.08 RMB, down 7.98% from 313,789,584.38 RMB in the previous period[25] - Cash outflow from operating activities increased to 346,575,725.59 RMB, up 24.87% from 277,629,796.17 RMB in the previous period[25] - The net cash flow from investment activities was -20,084,807.35 RMB, worsening from -11,107,212.74 RMB in the previous period[25] - Cash inflow from financing activities was 140,000,000.00 RMB, a 86.67% increase compared to 75,000,000.00 RMB in the previous period[25] - The net cash flow from financing activities was 365,310.11 RMB, recovering from -98,498,675.88 RMB in the previous period[25] - The ending balance of cash and cash equivalents was 258,677,082.23 RMB, compared to 98,741,062.52 RMB in the previous period, showing a significant increase[25] Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,286,396,573.89, an increase of 1.47% compared to the end of the previous year[6] - The total assets of the company as of March 31, 2015, amounted to ¥4,286,396,573.89, compared to ¥4,224,484,921.96 at the beginning of the year[17] - Current liabilities totaled ¥1,955,705,556.09, slightly up from ¥1,940,553,324.64 at the beginning of the year[18] - The company's total liabilities reached ¥2,347,766,073.99, compared to ¥2,305,791,774.58 at the beginning of the year[18] - Total liabilities as of the end of Q1 2015 amounted to ¥597,410,812.14, an increase of 14.0% from ¥523,944,937.53 at the end of the previous year[22] - The total equity attributable to the parent company was ¥1,873,174,536.44, an increase from ¥1,854,616,481.46 at the beginning of the year[18] - Total equity was reported at ¥1,421,196,409.33, slightly down from ¥1,424,288,328.05 year-over-year[22] Shareholder Information - The number of shareholders at the end of the reporting period was 39,339[11] - The largest shareholder, Gansu Great Wall Electric Group Co., Ltd., held 151,722,000 shares, accounting for 34.35% of total shares[12] Inventory and Receivables - The company's accounts receivable increased to ¥56,129,571.38, up 57.35% from ¥35,671,867.05 at the beginning of the year[14] - The inventory balance increased to ¥954,650,950.38, up from ¥860,941,468.93, reflecting higher stock levels[17] Non-Operating Income - Non-operating income included government subsidies amounting to ¥6,310,000.00[8] - The company reported a total of 4,755,038.88 in non-recurring gains and losses for the period[8]