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青海华鼎(600243) - 2015 Q1 - 季度财报
QHHDQHHD(SH:600243)2015-04-27 16:00

Financial Performance - Operating revenue decreased by 9.87% to CNY 171,421,513.69 compared to the same period last year[6] - Net profit attributable to shareholders was CNY -20,459,208.32, showing a significant decline compared to CNY -14,319,625.33 in the previous year[6] - The weighted average return on equity was -2.82%, down from -1.95% in the previous year[6] - There are no significant changes expected in net profit compared to the previous year, indicating stability in financial performance[14] - Total operating revenue for Q1 2015 was CNY 171,421,513.69, a decrease of 9.1% compared to CNY 190,192,775.52 in the same period last year[26] - Net profit for Q1 2015 was a loss of CNY 22,125,925.35, compared to a loss of CNY 17,672,621.80 in Q1 2014, representing an increase in loss of 25.9%[27] - The company reported an operating loss of CNY 23,573,032.46 for Q1 2015, compared to a loss of CNY 22,297,924.83 in Q1 2014[27] - Total comprehensive income for the first quarter was -3,366,840.87 RMB, compared to -3,069,618.29 RMB in the previous period[29] Assets and Liabilities - Total assets increased by 0.87% to CNY 2,359,392,205.11 compared to the end of the previous year[6] - As of March 31, 2015, total assets amounted to CNY 2,359,392,205.11, an increase from CNY 2,339,038,380.00 at the beginning of the year[19] - Current assets totaled CNY 1,389,639,790.71, slightly up from CNY 1,372,129,923.59[18] - Total liabilities reached CNY 1,555,366,578.82, compared to CNY 1,512,886,828.36 at the start of the year[19] - Total liabilities amounted to CNY 578,258,445.27, a decrease of 0.2% from CNY 579,388,374.63[24] - The company's equity attributable to shareholders was CNY 715,081,115.15, a decrease from CNY 735,540,323.47[20] - The company's equity totaled CNY 632,388,422.46, down from CNY 635,755,263.33, indicating a decrease of 0.6%[24] Cash Flow - Cash flow from operating activities was CNY -89,541,419.56, compared to CNY -46,851,831.88 in the same period last year[6] - Cash inflow from operating activities was 195,002,651.13 RMB, slightly down from 197,484,770.33 RMB year-over-year[31] - Net cash flow from operating activities was -89,541,419.56 RMB, worsening from -46,851,831.88 RMB in the same period last year[32] - Cash outflow for investing activities totaled 13,455,785.03 RMB, down from 17,620,213.78 RMB in the previous year[32] - Net cash flow from financing activities was 17,900,966.53 RMB, a significant improvement from -78,268,677.21 RMB year-over-year[32] - The ending cash and cash equivalents balance was 72,266,414.40 RMB, down from 144,045,849.93 RMB in the previous period[32] - Cash inflow from sales of goods and services was 165,041,547.62 RMB, compared to 172,263,104.87 RMB in the previous year[31] - Total cash outflow for operating activities was 284,544,070.69 RMB, compared to 244,336,602.21 RMB in the previous year[32] - Cash received from other operating activities was 29,961,103.51 RMB, up from 25,221,665.46 RMB year-over-year[31] - Cash paid for employee compensation was 61,680,861.28 RMB, an increase from 54,753,946.29 RMB in the previous year[31] Shareholder Information - The number of shareholders reached 27,570, with the largest shareholder holding 21.11% of the shares[9] Financial Strategy - The company plans to issue non-public shares to raise funds for working capital, which has led to stock suspension since June 17, 2014[12] - The company is actively working on the non-public offering of shares, which was temporarily halted due to regulatory issues[13] - The company has committed to maintaining communication with the sponsor to expedite the review process for the non-public offering[13] Inventory and Expenses - Cash and cash equivalents decreased by 51.53% to CNY 80,831,257.62 due to increased material purchases[11] - Financial expenses increased by 40.86% to CNY 13,664,375.19 due to increased loans[11] - Selling expenses decreased to CNY 11,898,467.07, down 26.6% from CNY 16,043,632.56 year-over-year[27] - Total operating costs for Q1 2015 were CNY 194,994,546.15, down 8.2% from CNY 212,490,700.35 year-over-year[26] - Short-term borrowings increased to CNY 600,240,000.00 from CNY 583,200,000.00[19] - Inventory levels rose to CNY 480,029,738.59, compared to CNY 438,954,908.25 previously[18]