SMHC(SH:600131)2015-04-29 16:00Financial Performance - Operating revenue for the first quarter rose by 9.61% to CNY 185,519,583.16 year-on-year[6] - Net profit attributable to shareholders increased by 19.72% to CNY 23,478,157.82 compared to the same period last year[6] - Basic earnings per share improved by 20.51% to CNY 0.047 compared to the first quarter of the previous year[6] - The company reported a net profit increase, with retained earnings rising to CNY 149,358,508.59 from CNY 125,880,350.77, an increase of about 18.6%[17] - Net profit for Q1 2015 reached CNY 21,854,756.32, representing a 20.4% increase from CNY 18,101,383.38 in Q1 2014[22] - The company's investment income for Q1 2015 was CNY 28,142,185.52, up 23.5% from CNY 22,851,299.29 in Q1 2014[22] - Comprehensive income for Q1 2015 was CNY 21,854,756.32, compared to CNY 18,101,383.38 in Q1 2014, indicating a growth of 20.4%[23] Cash Flow - Net cash flow from operating activities surged by 62.84% to CNY 19,830,330.45 year-on-year[6] - Net cash flow from operating activities for Q1 2015 was CNY 19,830,330.45, a significant increase from CNY 12,177,622.83 in Q1 2014[28] - Cash inflow from investment activities in Q1 2015 totaled CNY 51,081,828.00, compared to CNY 9,469,781.96 in the same period last year[28] - Total cash inflow from investment activities was CNY 50,547,473.95, significantly up from CNY 9,469,220.10, marking a 434.5% increase[33] - Net cash flow from investment activities was CNY 22,834,347.70, a substantial increase from CNY 2,528,046.77, reflecting an increase of 803.5%[33] - Cash inflow from financing activities was CNY 20,000,000.00, unchanged from the previous period[33] - Net cash flow from financing activities was -CNY 17,814,024.95, compared to -CNY 12,179,946.38 in the previous period[33] - The company reported a net increase in cash and cash equivalents of CNY 15,546,691.97, compared to CNY 3,386,562.45 in the previous period, an increase of 359.5%[33] Assets and Liabilities - Total assets increased by 1.07% to CNY 2,300,212,914.42 compared to the end of the previous year[6] - Current assets rose to CNY 168,926,804.69 from CNY 146,181,481.54, an increase of about 15.6%[15] - Non-current assets totaled CNY 2,131,286,109.73, slightly up from CNY 2,129,570,409.69, indicating a marginal growth of 0.08%[16] - Total liabilities amounted to CNY 1,475,712,392.78, up from CNY 1,473,106,125.91, a change of approximately 0.18%[17] - Owner's equity increased to CNY 824,500,521.64 from CNY 802,645,765.32, representing a growth of about 2.16%[17] - Accounts receivable decreased to CNY 5,814,012.05 from CNY 8,200,000.00, a decline of about 29%[15] - Inventory slightly decreased to CNY 1,010,265.35 from CNY 1,013,679.10, a reduction of about 0.34%[15] - Long-term investments in equity decreased to CNY 425,036,069.23 from CNY 440,893,883.71, a decline of approximately 3.6%[15] Operational Insights - The company reported a decrease in asset impairment losses by 35.01% compared to the previous year[12] - The company experienced a decrease in financing cash flow net amount, primarily due to reduced cash received from borrowings[12] - The company has not reported any significant changes in its future outlook or strategic initiatives in this quarter[13] - Total operating costs for Q1 2015 were CNY 192,610,377.35, up 11.1% from CNY 173,355,302.78 in the same period last year[22] - Operating profit for Q1 2015 was CNY 21,051,391.33, an increase of 6.9% from CNY 18,745,075.81 in Q1 2014[22] - Operating cash flow for the first quarter was CNY 10,526,369.22, a decrease of 19.4% compared to CNY 13,038,462.06 in the previous period[33]