南山铝业(600219) - 2016 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 28.05% year-on-year to CNY 73.09 million[9]. - Operating revenue for the period was CNY 2.80 billion, down 10.59% from the same period last year[9]. - Basic earnings per share decreased by 40.00% to CNY 0.03 per share[9]. - Total revenue for Q1 2016 was CNY 2,804,527,234.25, a decrease of 10.6% compared to CNY 3,136,833,212.74 in the same period last year[37]. - Operating profit for Q1 2016 was CNY 124,369,630.79, down from CNY 142,786,229.77 in Q1 2015, reflecting a decline of 12.5%[37]. - Net profit attributable to shareholders for Q1 2016 was CNY 73,085,510.15, a decrease of 28.1% from CNY 101,577,771.53 in the previous year[37]. - Total operating revenue for Q1 2016 was ¥2,700,370,159.17, a decrease of 9.0% from ¥2,967,696,505.36 in the same period last year[41]. - Net profit for Q1 2016 was ¥5,960,216.31, down 95.4% from ¥128,414,428.61 year-over-year[41]. - Total comprehensive income for Q1 2016 was ¥5,961,126.90, significantly lower than ¥128,414,428.61 in the same quarter last year[41]. Cash Flow - The net cash flow from operating activities was CNY 25.32 million, a decrease of 29.62% compared to CNY 35.97 million in the same period last year[9]. - Cash flow from operating activities for Q1 2016 was ¥25,316,727.93, a decline of 29.6% from ¥35,971,881.24 in Q1 2015[44]. - The net cash flow from operating activities was CNY 87,057,016.25, up from CNY 39,671,155.94, indicating a significant improvement[48]. - The total cash outflow from operating activities was CNY 2,617,790,319.44, a decrease of 18.6% from CNY 3,214,323,789.05 in the previous year[48]. - The cash inflow from financing activities totaled CNY 400,000,000.00, while cash outflow was CNY 273,305,674.33, resulting in a net cash flow of -CNY 273,305,674.33[49]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 34.69 billion, a decrease of 0.29% compared to the end of the previous year[9]. - Total assets as of March 31, 2016, amounted to CNY 27,284,471,971.88, a slight decrease from CNY 27,764,504,219.04 at the beginning of the year[36]. - Total liabilities as of March 31, 2016, were CNY 9,076,740,844.49, compared to CNY 9,274,217,015.00 at the beginning of the year[31]. - The company's equity attributable to shareholders increased from CNY 23,705,179,800.45 to CNY 23,780,018,752.71, showing a growth of approximately 0.3%[31]. - Current liabilities totaled CNY 3,995,622,666.53, down from CNY 4,481,805,514.79 at the start of the year, indicating a reduction of 10.8%[36]. - The company reported an increase in long-term equity investments to CNY 4,106,405,088.07 from CNY 4,097,340,005.95, reflecting a growth of 0.2%[35]. Cost Management - The company implemented various measures to reduce costs and adjusted product structure to increase profitability[15]. - Operating costs for Q1 2016 were CNY 2,695,919,381.84, down from CNY 3,005,233,468.51, a reduction of 10.3%[37]. - Sales expenses decreased to ¥21,299,498.00 from ¥29,857,320.79, a reduction of 28.7%[41]. - Management expenses increased to ¥74,354,433.26 from ¥58,439,361.11, an increase of 27.2%[41]. - Financial expenses rose to ¥28,610,523.90 from ¥12,448,905.62, an increase of 129.0%[41]. Market Conditions - The average price of aluminum ingots in Q1 2016 was CNY 10,954.00 per ton, a decrease of 14.67% compared to CNY 12,837.67 per ton in Q1 2015[14]. - The average price of alumina powder in Q1 2016 was CNY 1,756.48 per ton, down 35.29% from CNY 2,714.42 per ton in Q1 2015[14]. Other Financial Metrics - Non-operating income included government subsidies amounting to CNY 5.10 million[18]. - Non-operating income increased by 61.95% to CNY 7,969,086.27 from CNY 4,920,708.08 in the same period last year[24]. - The company incurred a foreign exchange loss of CNY 2,342,818.20 during the quarter[49].