SLSVC(SH:600123)2016-04-25 16:00Financial Performance - Operating revenue decreased by 13.61% to CNY 1,030,819,974.50 year-on-year[7] - Net profit attributable to shareholders increased by 100.96% to CNY 496,661.52 compared to a loss of CNY 51,657,140.52 in the same period last year[7] - Total profit amounted to ¥13,381,459.68, a 117.13% increase compared to a loss of ¥78,128,786.16 in the same period last year[16] - The company reported a net profit of CNY -29,881,756.19 for Q1 2015, an improvement from a net loss of CNY -77,250,107.56 in the previous year[25] - The company achieved an operating profit of CNY 41,341,794.10, a significant turnaround from an operating loss of CNY -74,647,131.17 in Q1 2014[25] - The gross profit margin improved to 3.3% in Q1 2015 compared to a negative margin in the same period last year[25] Production and Sales - Coal production increased by 15.61% to 1,848,600 tons, while sales increased by 6.90% to 1,615,000 tons[9] - Urea production increased by 14.22% to 317,200 tons, with sales up 15.12% to 220,000 tons[9] - The average selling price of coal decreased by 21.66% to CNY 431.60 per ton[9] - The average selling price of urea decreased by 3.21% to CNY 1,618.16 per ton[9] Assets and Liabilities - Total assets increased by 1.11% to CNY 22,074,996,450.63 compared to the end of the previous year[7] - Total assets increased from ¥21,833,109,679.15 at the beginning of the year to ¥22,074,996,450.63 at the end of the period[19] - Current assets decreased from ¥6,824,712,599.66 to ¥6,753,388,807.60, with cash and cash equivalents rising slightly to ¥2,469,507,647.77[19] - Total liabilities decreased from ¥11,619,358,601.23 to ¥11,835,062,660.00, with current liabilities slightly reduced[20] - The total liabilities decreased to CNY 6,052,104,085.47 from CNY 6,223,250,107.35, a reduction of 2.75%[25] - The total equity of the company was CNY 11,133,479,860.50, slightly down from CNY 11,269,047,580.65[25] Cash Flow - Cash flow from operating activities increased by 0.98% to CNY 291,282,776.87[7] - The net cash flow from operating activities for the current period is ¥291,282,776.87, a slight increase of 0.28% compared to ¥288,464,217.39 in the previous period[31] - Cash inflow from operating activities totaled ¥1,233,759,801.62, down 18.63% from ¥1,515,825,979.72 in the previous period[31] - Cash outflow from operating activities decreased to ¥942,477,024.75, a reduction of 23.29% from ¥1,227,361,762.33 in the previous period[31] - The net cash flow from investing activities is -¥304,632,929.21, an improvement from -¥376,880,243.12 in the previous period[32] - Cash inflow from financing activities increased to ¥1,072,335,460.00, up 63.03% from ¥657,401,313.88 in the previous period[32] - The net cash flow from financing activities is ¥39,480,213.81, a significant decrease of 91.25% compared to ¥450,728,621.45 in the previous period[32] - The ending balance of cash and cash equivalents is ¥2,073,233,270.25, down 18.06% from ¥2,531,273,921.90 in the previous period[32] Expenses - Management expenses decreased by 27.65% to ¥190,737,109.02, mainly due to reductions in employee compensation and repair costs[16] - Sales expenses decreased by 17.65% to ¥44,197,278.66, attributed to a reduction in service fees[16] - Financial expenses increased by 26.19% to ¥38,917,299.65, primarily due to increased interest expenses[16] - The company reported a significant increase in income tax expenses by 5023.67% to ¥43,263,215.87, reflecting higher profits compared to the previous year[16] - The company paid ¥188,058,305.27 in taxes, down 22.19% from ¥241,741,488.36 in the previous period[31] Shareholder Information - The number of shareholders reached 86,654, with the largest shareholder holding 45.11% of the shares[10] - Basic earnings per share for Q1 2015 were CNY 0.0004, compared to a loss per share of CNY -0.0452 in the same period last year[26] - The company reported a total comprehensive income of CNY -29,881,756.19 for the quarter, improving from CNY -77,250,107.56 in Q1 2014[26]