HBSXNBM(SH:600293)2015-04-24 16:00Financial Performance - Operating revenue for the period was CNY 229,336,659.72, reflecting a growth of 0.86% year-on-year[6] - Net profit attributable to shareholders was CNY 504,614.60, a decrease of 69.25% compared to the same period last year[6] - Basic earnings per share decreased by 68.75% to CNY 0.0015 from CNY 0.0048[6] - The company reported a gross profit margin of approximately 0.20% for Q1 2015, compared to a negative margin in the previous year[20] - The net profit attributable to the parent company for Q1 2015 was CNY 504,614.60, down from CNY 1,641,203.70 in Q1 2014, representing a decrease of 69.3%[20] - The company’s operating profit for Q1 2015 was CNY 450,190.47, a significant recovery from a loss of CNY 5,952.76 in the same quarter last year[20] Cash Flow - Cash flow from operating activities was CNY 4,294,239.39, down 60.79% from CNY 10,952,800.86 in the previous year[6] - The company's cash inflow from operating activities for Q1 2015 was CNY 199,981,563.49, a decrease of 24.4% compared to CNY 264,647,967.43 in the same period last year[22] - The net cash flow from operating activities was CNY 4,294,239.39, down 60.8% from CNY 10,952,800.86 in Q1 2014[22] - The parent company reported a net cash flow from operating activities of CNY 5,880,523.97, a decrease of 43.5% compared to CNY 10,399,276.79 in Q1 2014[25] - The net cash flow from financing activities was CNY 6,616,903.90, a significant decline of 77.7% compared to CNY 29,612,538.07 in the same quarter last year[23] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 2,577,076,757.95, an increase of 0.37% compared to the end of the previous year[6] - Total current assets increased to CNY 860,183,044.31 from CNY 828,213,281.76, representing a growth of approximately 3.9%[13] - Total liabilities rose to CNY 1,822,496,074.53 from CNY 1,813,591,375.34, an increase of approximately 0.4%[15] - Total liabilities as of March 31, 2015, were CNY 1,780,916,116.26, a decrease of 2.9% from CNY 1,825,340,739.05 at the end of the previous quarter[19] - Total equity increased slightly to CNY 754,580,683.42 from CNY 754,079,144.79, a growth of approximately 0.1%[15] Shareholder Information - The total number of shareholders was 27,248, with the largest shareholder holding 12.68% of the shares[9] - The company has committed to submit a proposal for the implementation of a stock incentive plan by August 7, 2017[10] Government Support - The company received government subsidies amounting to CNY 481,348.16 during the period[7] Inventory and Receivables - Inventory significantly increased to CNY 106,260,987.97 from CNY 62,335,965.44, reflecting a growth of about 70.7%[13] - Accounts receivable decreased to CNY 85,521,474.07 from CNY 89,249,494.40, a decline of approximately 4.1%[13] - The company reported a decrease in accounts payable to CNY 224,498,179.65 from CNY 263,003,697.81, a decline of approximately 14.6%[15] Financial Ratios - The weighted average return on equity fell by 0.15 percentage points to 0.07%[6]