凌钢股份(600231) - 2016 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 2,400,433,928.35, representing an increase of 3.09% year-on-year[7] - Net profit attributable to shareholders of the listed company was CNY -132,765,159.12, showing a slight improvement from CNY -152,226,809.67 in the same period last year[7] - The net cash flow from operating activities was CNY -429,294,694.78, an improvement from CNY -560,784,984.78 year-on-year[7] - Total revenue for Q1 2016 was CNY 2,400,433,928.35, an increase of 3.1% compared to CNY 2,328,388,561.74 in the same period last year[25] - The company's operating revenue for Q1 2016 was CNY 1,982,848,757.90, a decrease of 14.6% compared to CNY 2,322,352,441.44 in the same period last year[29] - The net profit for Q1 2016 was a loss of CNY 137,102,877.55, compared to a loss of CNY 135,224,653.60 in the previous year, indicating a slight increase in losses[30] - The total comprehensive income for Q1 2016 was a loss of CNY 137,444,127.55, compared to a loss of CNY 136,011,025.79 in the same quarter last year[30] - Basic and diluted earnings per share for Q1 2016 were both CNY -0.10, compared to CNY -0.19 in the previous year[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 15,288,182,668.26, a decrease of 0.07% compared to the end of the previous year[7] - Total liabilities amounted to CNY 10,345,094,485.33, compared to CNY 10,065,131,787.65 at the start of the year, reflecting an increase of 2.8%[24] - The company's total assets reached CNY 15,387,326,632.10, up from CNY 15,244,808,061.97 at the start of the year[24] - The company's equity decreased to CNY 5,042,232,146.77 from CNY 5,179,676,274.32, a decline of 2.6%[24] - Non-current assets were reported at CNY 10,127,378,647.77, slightly down from CNY 10,146,042,916.06 at the beginning of the year[23] - Current assets totaled CNY 5,259,947,984.33, an increase from CNY 5,098,765,145.91 at the beginning of the year[23] Cash Flow - The cash flow from operating activities showed a net outflow of -465,233,165.70 CNY, slightly improved from -480,358,813.58 CNY in the previous period[38] - Cash inflow from operating activities was 1,743,792,193.94 CNY, compared to 2,904,672,431.18 CNY in the previous period, reflecting a decrease[38] - Cash outflow from operating activities was 2,209,025,359.64 CNY, down from 3,385,031,244.76 CNY in the previous period[38] - Total cash inflow from financing activities was 1,922,272,336.86 CNY, up from 1,463,000,000.00 CNY in the previous period[34] - Cash outflow from financing activities totaled 2,389,995,914.31 CNY, compared to 1,208,576,571.55 CNY in the previous period, resulting in a net cash flow from financing activities of -467,723,577.45 CNY[35] Shareholder Information - The number of shareholders at the end of the reporting period was 57,366[11] - The largest shareholder, Lingyuan Iron and Steel Group Co., Ltd., held 431,473,247 shares, accounting for 34.26% of the total shares[11] Government Support and Income - The company received government subsidies amounting to CNY 2,939,624.03 during the period[9] - Other income increased by CNY 1,594,764.74 year-on-year, primarily due to an increase in government subsidies received during the period[16] Expenses and Costs - Total operating costs for Q1 2016 were CNY 2,570,343,638.04, up from CNY 2,544,883,996.30 in Q1 2015[25] - Operating tax and additional fees increased by CNY 2,642,048.19 compared to the same period last year, mainly due to the increase in value-added tax[16] - Management expenses rose by CNY 18,987,118.95 year-on-year, primarily due to an increase in taxes payable[16] - The financial expenses for Q1 2016 were CNY 69,385,005.44, down from CNY 85,420,173.72, showing a decrease of 18.8% year-over-year[29] - The company experienced a decrease in sales expenses, which were CNY 30,708,096.16 in Q1 2016, compared to CNY 8,973,818.63 in the previous year, reflecting an increase of 241.5%[29] Investment Activities - The net cash flow from investment activities was -13,629,614.32 CNY, compared to -48,378,142.50 CNY in the previous period, showing a reduction in losses[34] - The total cash inflow from investment activities was 7,420,242.70 CNY, compared to 2,628,922.63 CNY in the previous period[34] - The investment income for Q1 2016 was CNY 616,979.72, significantly higher than CNY 167,900.30 in the same period last year, representing a growth of 267.5%[29] - Long-term equity investments increased by CNY 616,979.72, primarily due to the increase in net profits from joint ventures[15]