HZIS(SH:600126)2016-04-29 16:00Financial Performance - Operating revenue for the period was ¥4,353,413,678.11, a decrease of 31.85% year-on-year[6]. - Net profit attributable to shareholders was ¥111,400,447.74, a significant recovery from a loss of ¥66,542,496.54 in the previous year[6]. - The company reported a basic earnings per share of ¥0.05, recovering from a loss of ¥0.03 per share in the previous year[6]. - Total operating revenue for Q1 2016 was ¥4,353,413,678.11, a decrease of 31.8% compared to ¥6,387,745,765.05 in the same period last year[33]. - Net profit for Q1 2016 reached ¥114,054,197.18, a significant recovery from a net loss of ¥39,314,563.08 in the same quarter last year[34]. - The total profit for Q1 2016 was ¥120,796,003.87, compared to a total loss of ¥31,176,325.38 in Q1 2015[34]. Cash Flow - The net cash flow from operating activities was ¥748,002,679.19, compared to a negative cash flow of ¥751,379,611.73 in the same period last year[6]. - Cash generated from operating activities was ¥4,827,572,964.21, a decrease of 35.3% from ¥7,487,968,462.14 in the previous year[40]. - The net cash flow from operating activities for Q1 2016 was ¥748,002,679.19, a significant improvement compared to a negative cash flow of ¥751,379,611.73 in the previous year[41]. - Total cash inflow from operating activities was ¥5,113,599,246.87, while cash outflow was ¥4,365,596,567.68, resulting in a net cash inflow of ¥748,002,679.19[41]. - The net cash flow from financing activities was negative at -¥2,476,001,250.68, compared to a positive cash flow of ¥482,268,886.98 in the previous year[42]. - The company reported a significant decrease in cash inflow from sales of goods and services, totaling only ¥25,562,369.26 compared to ¥3,929,207,364.69 in the previous year[43]. Asset and Liability Changes - Total assets decreased by 11.15% from the previous year, amounting to ¥22,401,220,611.92[6]. - Total current assets decreased from CNY 10,712,575,119.39 at the beginning of the year to CNY 7,303,395,078.15, a decline of approximately 31.3%[26]. - Total liabilities decreased from CNY 14,085,894,693.80 to CNY 10,919,766,030.31, a reduction of approximately 22.9%[28]. - Owner's equity increased from CNY 11,127,871,069.98 to CNY 11,481,454,581.61, reflecting a growth of about 3.2%[28]. - Total non-current assets rose from CNY 14,501,190,644.39 to CNY 15,097,825,533.77, an increase of about 4.1%[27]. Restructuring and Compliance - The company completed a major asset restructuring plan, issuing 1,290,149,011 shares, increasing total shares from 838,938,750 to 2,129,087,761[5]. - The company’s major asset restructuring has led to changes in the scope of consolidated financial statements, including the addition of Ningbo Steel and other subsidiaries[11]. - The company committed to not engaging in any direct or indirect competition with Hangzhou Steel and its subsidiaries, ensuring compliance since March 27, 2015[19]. - The company guarantees the independence of Hangzhou Steel in various aspects post-restructuring, adhering to legal and regulatory requirements[20]. - The company has established a framework to ensure compliance with laws regarding related party transactions and funding[20]. Government Support and Subsidies - The company received government subsidies amounting to ¥11,300,490.90, which are closely related to its normal business operations[6]. - The company is in discussions with government authorities regarding compensation for wastewater treatment assets related to the Houshan base shutdown[21]. Shareholder Information - The total number of shareholders reached 41,186, with the largest shareholder holding 49.19% of the shares[10]. - Hangzhou Steel Group has increased its shareholding in the company by acquiring 3,639,400 shares, representing approximately 0.43% of the total issued shares[22]. - As of January 6, 2016, Hangzhou Steel Group holds 549,532,150 shares, accounting for about 65.50% of the total issued shares[22].