DHKJ(SH:600288)2015-04-20 16:00Financial Performance - Operating revenue fell by 25.32% to CNY 496,200,531.07 year-on-year[6] - Net profit attributable to shareholders improved by 69.39%, reaching a loss of CNY 4,481,078.92 compared to a loss of CNY 14,641,527.03 in the same period last year[6] - The company reported a basic and diluted earnings per share of -CNY 0.0103, improving by 69.25% from the previous year[6] - Net profit for Q1 2015 was a loss of ¥18,912,348.22, compared to a loss of ¥36,072,464.64 in the same period last year, indicating an improvement of 47.5%[28] - Basic and diluted earnings per share for Q1 2015 were both -¥0.0103, an improvement from -¥0.0335 in the previous year[29] - Net profit for Q1 2015 was CNY 16,804,814.48, a slight decrease of 1.8% from CNY 17,109,354.67 in Q1 2014[31] Assets and Liabilities - Total assets decreased by 6.93% to CNY 2,943,301,214.14 compared to the end of the previous year[6] - The total assets decreased to ¥2,943,301,214.14 from ¥3,162,575,713.95, indicating a reduction in overall asset value[20] - The total liabilities decreased to ¥1,174,118,582.58 from ¥1,374,480,734.17, reflecting a reduction in financial obligations[21] - The company's total assets decreased to ¥1,202,482,279.37 from ¥1,271,786,563.22 at the beginning of the year, a decline of 5.4%[24] - Current assets totaled ¥366,931,227.98, down 18.5% from ¥450,554,430.98 at the beginning of the year[24] - The total liabilities decreased to ¥26,810,777.80 from ¥112,919,876.13, a reduction of 76.3%[25] Cash Flow - Net cash flow from operating activities increased by 25.67%, amounting to a negative CNY 149,543,139.83[6] - Cash and cash equivalents decreased by 44.32% to CNY 410,208,328.02 due to loan repayments and increased advance payments[13] - Cash flow from operating activities showed a net outflow of CNY 149,543,139.83, improving from a net outflow of CNY 201,195,905.09 in Q1 2014[34] - The total cash outflow from financing activities was $25.2 million, up from $727,500 in the previous year, reflecting increased debt repayment[38] - The net increase in cash and cash equivalents was -$130.1 million, compared to -$78.3 million in the prior year, showing a worsening cash position[38] - The ending balance of cash and cash equivalents was $102.9 million, down from $121.8 million year-over-year, indicating a decline in liquidity[38] Shareholder Information - The number of shareholders reached 30,557 at the end of the reporting period[10] - The largest shareholder, Zheng Suzhen, holds 128,960,000 shares, accounting for 29.52% of total shares[10] Investments and Other Income - The company's investment income surged to ¥18,583,405.77, marking a 92.41% increase from ¥9,658,150.60, driven by higher profits from joint ventures[15] - The company's available-for-sale financial assets increased to ¥36,060,525.49, up 79.76% from ¥20,060,525.49 in the previous year[14] - The construction in progress rose to ¥5,104,328.21, reflecting a 58.26% increase from ¥3,225,204.48 due to investments by subsidiaries[14] - The accounts payable increased significantly to ¥52,104,504.01, a 100.93% rise from ¥25,931,511.52, attributed to increased purchases settled via bank acceptance bills[14] - The operating tax and additional charges rose to ¥3,065,483.14, a 46.97% increase from ¥2,085,745.33, mainly due to export tax refunds[15] Future Projections - The company plans to issue up to 30,895,983.35 shares in a private placement, which will increase the total share capital to 74,575,983.35 shares[15] - The net profit for the year is projected to remain stable without significant fluctuations compared to the previous year[16]