ERDOS(SH:600295)2016-04-29 16:00Financial Performance - Operating income for the period was CNY 3,518,214,883.13, representing a year-on-year increase of 1.32%[6] - Net profit attributable to shareholders was CNY 52,670,577.04, down 42.34% from the previous year[6] - Basic earnings per share decreased by 20.00% to CNY 0.08[6] - Total operating revenue for Q1 2016 was CNY 3,518,214,883.13, an increase from CNY 3,472,270,916.56 in the same period last year, representing a growth of approximately 1.32%[28] - Net profit for Q1 2016 was CNY 142,583,232.23, compared to CNY 184,259,297.60 in the previous year, reflecting a decrease of approximately 22.6%[29] - The total comprehensive income for Q1 2016 was CNY -132,642,127.08, compared to CNY -143,430,826.61 in the same period last year[32] Cash Flow - Cash flow from operating activities reached CNY 1,269,938,914.03, a significant increase of 1,710.63% compared to the same period last year[6] - The net cash flow from operating activities was CNY 1,269,938,914.03, an increase of 1,710.63% compared to the same period last year, driven by higher cash receipts from sales[17] - The net cash flow from operating activities for Q1 2016 was CNY 1,269,938,914.03, a significant improvement from a negative cash flow of CNY -78,847,107.94 in Q1 2015[35] - Cash inflow from operating activities totaled ¥491,276,251.13, an increase of 10.6% from ¥444,065,797.31 in the previous year[36] - Cash outflow for operating activities was ¥250,658,733.27, an increase of 62.7% compared to ¥154,007,567.56 in Q1 2015[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 44,468,946,064.90, a decrease of 0.03% compared to the end of the previous year[6] - The total assets amounted to CNY 44,468,946,064.90, slightly down from CNY 44,482,182,637.34 at the beginning of the year[22] - The total current liabilities decreased from CNY 23,666,075,408.64 to CNY 22,843,346,726.84, reflecting a reduction in short-term borrowings[22] - The total liabilities as of March 31, 2016, were CNY 11,090,473,331.97, slightly up from CNY 11,063,439,830.63 at the beginning of the year[26] - The total non-current liabilities amounted to CNY 4,832,861,375.73, an increase from CNY 4,767,709,870.62, reflecting a growth of about 1.37%[26] Shareholder Information - The total number of shareholders at the end of the reporting period was 59,028[10] - The largest shareholder, Inner Mongolia Erdos Cashmere Group Co., Ltd., held 420,000,000 shares, accounting for 40.7% of total shares[11] - The company's major shareholder has not increased its holdings since the commitment made on July 11, 2015, to refrain from selling shares in the secondary market for six months[19] Other Income and Expenses - Non-operating income included government subsidies amounting to CNY 62,739,926.79[7] - The company's other income increased by 180.08% to CNY 64,611,373.16, mainly due to increased government subsidies[15] - The company reported a net loss from non-recurring items of CNY 34,060,457.52[9] - The company incurred financial expenses of CNY 120,016,977.84 in Q1 2016, down from CNY 143,993,044.74 in Q1 2015[31] Investment and Financing Activities - The investment activities generated a net cash flow of -CNY 414,740,455.23, a decrease of 1,371.21% year-on-year, mainly due to increased payments for equity transfers[18] - The financing activities resulted in a net cash flow of -CNY 823,557,806.89, a decrease of 466.56% compared to the previous year, primarily due to increased loan repayments[18] - The company raised CNY 4,438,220,000.00 through borrowings in Q1 2016, compared to CNY 3,160,000,000.00 in Q1 2015[35] - Total cash inflow from financing activities was ¥645,500,000.00, down 58.6% from ¥1,526,448,734.93 in the same period last year[37] - The net cash flow from financing activities was -¥182,315,147.29, compared to a positive net cash flow of ¥326,497,112.46 in Q1 2015[37]