广汇汽车(600297) - 2015 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 14.41% to CNY 42,448,725.45 compared to the same period last year[6] - Net profit attributable to shareholders increased by 104.82% to CNY 974,949.56 compared to the same period last year[6] - Total revenue for Q1 2015 was CNY 42,448,725.45, a decrease of 14.5% compared to CNY 49,594,341.04 in the previous period[26] - Total profit for Q1 2015 was 4,134,692.51 RMB, a decrease of 13.6% compared to 4,787,002.80 RMB in the same period last year[30] - Net profit for Q1 2015 was 4,131,412.21 RMB, down from 4,606,006.12 RMB, reflecting a decline of 10.3% year-over-year[30] - Operating profit for Q1 2015 was 1,651,594.94 RMB, a decrease of 29% from 2,326,782.42 RMB in Q1 2014[30] Cash Flow - Cash flow from operating activities improved significantly, reaching CNY 35,081,166.46, compared to a negative CNY 5,697,152.87 in the previous year[6] - The net cash flow from operating activities increased significantly to ¥35,081,166.46 from a negative ¥5,697,152.87, representing a change of -715.77% due to increased cash received from sales and services[13] - Cash inflow from sales of goods and services was 111,904,419.88 RMB, significantly higher than 42,057,230.73 RMB in the same period last year[32] - Cash and cash equivalents at the end of Q1 2015 totaled 50,322,680.14 RMB, down from 197,031,049.80 RMB at the end of the previous year[34] - The company’s cash flow from financing activities showed a net outflow of -884,396.67 RMB, indicating a decrease in cash from financing sources[34] Assets and Liabilities - Total assets increased by 2.54% to CNY 1,544,533,571.26 compared to the end of the previous year[6] - Total current assets increased to ¥296,389,792.58 from ¥274,429,396.69, reflecting a growth of 7.01%[18] - Total liabilities increased to ¥576,941,938.65 from ¥542,433,659.03, reflecting a growth of 6.36%[19] - The company's total assets amounted to CNY 1,213,767,241.45, slightly up from CNY 1,208,915,184.41 at the beginning of the year[23] - The total liabilities stood at CNY 359,004,194.12, a marginal increase from CNY 358,283,549.29[23] Shareholder Information - The number of shareholders reached 23,716 at the end of the reporting period[9] - The largest shareholder, Meiluo Group Co., Ltd., holds 48.36% of the shares, amounting to 169,265,014 shares[9] Inventory and Receivables - Accounts receivable decreased by 92.88% to CNY 415,064.00 due to reduced bill settlements from major pharmaceutical companies[12] - Inventory increased by 180.09% to CNY 66,029,016.27, attributed to increased product availability from traditional Chinese medicine manufacturers[12] - Prepayments increased significantly by 783.40% to CNY 21,390,829.41 due to higher procurement payments from traditional Chinese medicine manufacturers[12] - Accounts payable increased by 37.05% to CNY 97,273,406.26, reflecting higher obligations from traditional Chinese medicine manufacturers[12] - Inventory rose significantly to ¥66,029,016.27 from ¥23,573,983.76, marking an increase of 180.00%[18] Investment Activities - The net cash flow from investing activities decreased to -¥25,417,677.42 from ¥49,587,254.00, a change of -151.26%, primarily due to the consolidation of Suzhou Noxin into the financial statements[13] - Other payables increased to ¥46,009,593.43 from ¥29,462,235.99, a rise of 56.16% due to the consolidation of Suzhou Noxin[18] Equity - The company's equity attributable to shareholders rose to ¥966,372,326.70 from ¥962,646,065.80, a slight increase of 0.38%[19] - The company's equity totaled CNY 854,763,047.33, up from CNY 850,631,635.12, indicating a growth of 0.3%[23] Asset Restructuring - The company is undergoing a major asset restructuring involving the exchange of all assets and liabilities with a 100% equity stake in Guanghui Automotive Service Co., Ltd.[13] Earnings and Investment Income - Basic earnings per share for Q1 2015 were CNY 0.0105, compared to CNY 0.0091 in the previous period, reflecting a 15.4% increase[27] - The company reported an investment income of CNY 1,594,431.99, up from CNY 1,333,225.56, representing a growth of 19.6%[26] Comprehensive Income - Other comprehensive income after tax for Q1 2015 was CNY 34,709.84, compared to CNY 26,833,950.00 in the previous period[27] - Total comprehensive income for Q1 2015 was 4,131,412.21 RMB, compared to 31,439,956.12 RMB in the same period last year[30] - The company reported other comprehensive income after tax of 26,833,950.00 RMB, which will be reclassified to profit or loss in the future[30]