CCYD(SH:600148)2016-04-20 16:00Financial Performance - Operating revenue fell by 12.09% to CNY 111,971,431.06 year-on-year[6] - Net profit attributable to shareholders decreased by 96.86% to CNY 165,132.81 compared to the same period last year[6] - Basic and diluted earnings per share dropped by 97.30% to CNY 0.001 per share[6] - The weighted average return on equity decreased by 1.36 percentage points to 0.05%[6] - Total operating revenue for Q1 2016 was CNY 111,971,431.06, a decrease of 12.3% compared to CNY 127,372,235.42 in the same period last year[27] - The company's operating revenue for Q1 2016 was ¥57,606,316.13, a decrease of 23.0% compared to ¥74,892,583.59 in the same period last year[31] - The net profit for Q1 2016 was a loss of ¥1,602,244.93, compared to a profit of ¥1,923,434.55 in Q1 2015, indicating a significant decline[32] - The total profit for Q1 2016 was a loss of ¥1,602,244.93, compared to a profit of ¥2,262,864.18 in the previous year[32] Assets and Liabilities - Total assets decreased by 2.29% to CNY 816,978,055.03 compared to the end of the previous year[6] - Total assets as of March 31, 2016, amounted to CNY 557,663,295.54, a decrease from CNY 578,732,861.62 at the beginning of the year[25] - Total liabilities decreased to CNY 251,321,132.56 from CNY 271,144,029.57 at the start of the year, reflecting a reduction of 7.3%[25] - Current liabilities totaled CNY 204,453,867.92, down from CNY 225,288,816.83, indicating a decrease of 9.5%[25] - Non-current liabilities increased slightly to CNY 46,867,264.64 from CNY 45,855,212.74, showing a marginal rise of 2.2%[25] Cash Flow - Cash flow from operating activities decreased by 36.65% to CNY 5,452,118.62 year-to-date[6] - Cash and cash equivalents at the end of the period were CNY 115,764,369.97, down from CNY 144,056,227.98 at the beginning of the period[19] - Cash flow from operating activities was ¥104,832,194.94, a decrease of 19.1% from ¥129,623,362.49 in the same period last year[35] - Operating cash inflow for Q1 2016 was CNY 105,253,637.83, a decrease from CNY 130,725,407.40 in the previous period[36] - The net cash flow from operating activities improved to CNY 7,847,308.34 from a negative CNY 9,928,440.72 in the prior year[38] Shareholder Information - The total number of shareholders reached 22,928 at the end of the reporting period[10] - Jilin Dongguang Group Co., Ltd. held 32.07% of shares, making it the largest shareholder[10] - China FAW Group Corporation held 23.51% of shares, ranking second among shareholders[10] Other Financial Metrics - The company reported a non-operating loss of CNY -9,619.81 after tax adjustments[9] - Prepaid accounts decreased by CNY 6,922,765.90, a reduction of 32.29%, mainly due to a decrease in equipment prepayments[12] - Other receivables increased by CNY 5,906,176.28, a growth of 99.32%, primarily due to unverified social insurance base by the social insurance bureau[12] - Other current assets decreased by CNY 1,443,250.53, a decline of 79.69%, attributed to the amortization of heating expenses[12] - Employee compensation payable increased by CNY 3,280,578.16, a rise of 57.63%, due to the same unverified social insurance base[12] - Taxes payable decreased by CNY 6,099,397.60, a reduction of 68.18%, mainly due to a decrease in the balance of payable VAT[12] - Non-operating income decreased by CNY 1,190,756.04, a decline of 97.61%, primarily due to a reduction in government subsidies[12]