YTO(SH:600233)2015-04-29 16:00Financial Performance - Operating revenue for the current period was CNY 242,075,607.89, representing an increase of 43.51% year-on-year [7]. - Net profit attributable to shareholders was CNY 6,665,256.87, down 39.14% from the previous year [7]. - Basic earnings per share were CNY 0.0656, a decline of 28.93% year-on-year [7]. - The company reported a significant decrease in net profit and cash flow, indicating potential challenges in operational efficiency [7]. - Total revenue for Q1 2015 reached CNY 242,075,607.89, an increase of 43.5% compared to CNY 168,683,272.86 in the same period last year [26]. - Net profit for Q1 2015 was CNY 36,896,949.55, down 31.6% from CNY 53,920,321.09 year-over-year [31]. - The total profit for Q1 2015 was CNY 37,216,763.04, a decrease of 31.8% compared to CNY 54,492,926.43 in the same period last year [31]. - Earnings per share for Q1 2015 were CNY 0.0656, down from CNY 0.0923 in the same quarter last year, representing a decline of 29.0% [28]. Cash Flow - Cash flow from operating activities was CNY 28,142,821.69, a decrease of 53.59% compared to the same period last year [7]. - The net cash flow from operating activities was CNY 28,142,821.69, down 53.6% from CNY 60,640,695.45 in the same quarter last year [34]. - Cash inflows from operating activities totaled CNY 245,296,015.90, a decrease of 3.4% from CNY 253,665,727.77 in Q1 2014 [34]. - The cash flow from financing activities was negative at -CNY 2,600,608.88, compared to -CNY 542,333.14 in Q1 2014, indicating increased cash outflows [35]. - The company reported a net cash increase of CNY 3,860,698.54 for the quarter, significantly lower than CNY 36,841,720.63 in the previous year [35]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,467,081,441.95, a decrease of 1.48% compared to the end of the previous year [7]. - The total assets decreased to CNY 1,467,081,441.95 from CNY 1,489,159,408.13, reflecting a reduction in current assets [20]. - The company’s total liabilities decreased to CNY 193,887,636.40 from CNY 217,350,775.75, showing a reduction in financial obligations [20]. - The company’s total liabilities rose to CNY 37,491,924.64, an increase of 47.5% compared to CNY 25,420,455.17 at the beginning of the year [24]. - Short-term borrowings decreased by 30.64% to CNY 5,804,302.90 from CNY 8,368,060.60, as some loans were repaid during the year [12]. Shareholder Information - The total number of shareholders at the end of the reporting period was 11,333 [10]. - The largest shareholder, Dayang Group Co., Ltd., held 40.00% of the shares [11]. - The company’s payable dividends rose by 49.78% to CNY 41,971,328.37 from CNY 28,021,747.80, reflecting increased unpaid dividends to minority shareholders [12]. Operational Efficiency - The operating cost increased by 56.46% to CNY 193,277,315.20 from CNY 123,535,072.10, primarily due to changes in processing methods and increased material and labor costs [12]. - The weighted average return on net assets decreased by 0.44 percentage points to 1.04% [7]. - The asset impairment loss was reported at CNY 153,540.07, a significant recovery from a loss of CNY -1,748,749.01 in the previous year, indicating improved asset quality [12]. - The company reported a significant increase in available-for-sale financial assets, rising by 74.40% to CNY 103,140,376.25 from CNY 59,140,376.25, attributed to new investments in financial products [12]. Current Assets - Current assets totaled CNY 414,911,087.62, up 14.5% from CNY 362,499,429.18 at the start of the year [23]. - The company’s accounts receivable stood at CNY 112,875,620.87, up from CNY 108,747,043.15, indicating a slight increase in credit sales [18]. - The company reported a significant increase in accounts receivable, which stood at CNY 36,199,505.69, slightly up from CNY 36,120,476.47 at the beginning of the year [23]. - The cash and cash equivalents increased slightly to CNY 306,562,370.14 from CNY 302,701,671.60, indicating stable liquidity [18]. - The cash and cash equivalents at the end of Q1 2015 were CNY 306,562,370.14, down from CNY 357,926,927.28 at the end of Q1 2014 [35].