Adisseo(SH:600299)2016-04-15 16:00Financial Performance - Operating revenue decreased by 40% to RMB 2,747,694,741 from RMB 4,556,052,015 in the same period last year[8] - Net profit attributable to shareholders increased by 374% to RMB 560,404,235 compared to a loss of RMB 204,743,544 in the previous year[9] - Basic and diluted earnings per share increased by 15% to RMB 0.21 from RMB 0.18 in the previous year[9] - Total operating revenue for the current period is CNY 2,747,694,741, a decrease of 39.6% compared to CNY 4,556,052,015 in the previous period[30] - Operating profit for the current period is CNY 1,018,972,698, an increase of 5.4% from CNY 967,104,120 in the previous period[30] - Net profit for the current period is CNY 685,121,761, representing a 13.6% increase from CNY 603,368,713 in the previous period[31] - The net profit attributable to the parent company's shareholders is CNY 560,653,855, up 15.8% from CNY 484,161,979 in the previous period[31] - Total comprehensive income for the current period is CNY 981,249,908, compared to a loss of CNY 116,270,719 in the previous period[31] Cash Flow - Cash flow from operating activities decreased by 8% to RMB 949,522,412 compared to RMB 1,036,099,128 in the same period last year[8] - The company reported a net cash flow from operating activities of RMB 949,522,412 for the first quarter[8] - Operating cash inflow for the current period is CNY 2,879,157,635, down from CNY 4,063,202,956 in the previous period, representing a decrease of approximately 29.1%[36] - Net cash flow from operating activities is CNY 949,522,412, compared to CNY 1,036,099,128 in the prior period, reflecting a decline of about 8.4%[36] - Cash inflow from investment activities is CNY 4,093,974, a decrease from CNY 5,205,785, showing a decline of about 21.4%[37] - Net cash flow from investment activities is -CNY 122,379,798, improving from -CNY 342,577,380 in the previous period[37] - The ending cash and cash equivalents balance is CNY 5,879,195,418, up from CNY 2,205,188,681, representing an increase of approximately 166.5%[37] - The company reported a net increase in cash and cash equivalents of CNY 938,074,175, compared to CNY 507,639,362 in the previous period[37] Assets and Liabilities - Total assets increased by 7% to RMB 19,256,087,432 compared to the end of the previous year[8] - Total current assets increased to ¥9,625,857,341 from ¥8,321,440,829, representing a growth of 15.7%[23] - Total liabilities rose to ¥4,295,108,857 from ¥3,811,169,051, an increase of 12.7%[25] - The company's total liabilities for accounts payable increased by 109% to RMB 651,390,147 from RMB 312,394,840, reflecting the accrued tax liabilities for Q1 2016[17] - Owner's equity increased to ¥14,960,978,575 from ¥14,101,912,020, representing a growth of 6.1%[25] Shareholder Information - The total number of shareholders at the end of the reporting period was 26,637[14] - The largest shareholder, China BlueStar (Group) Co., Ltd., holds 89.09% of the shares, with 2,389,387,160 shares[14] - The company plans to distribute a cash dividend of RMB 1.65 per 10 shares, totaling RMB 442,513,710.05[4] - The total amount of cash dividends proposed is RMB 442,513,710.05, with a distribution of RMB 1.65 per share based on a total share capital of 2,681,901,273 shares[18] Other Financial Metrics - Non-operating income included government subsidies amounting to RMB 3,359,119[11] - The company's derivative financial assets increased by 310% to RMB 38,906,678 from RMB 9,479,187 year-on-year, related to euro/dollar hedging[17] - The company's accounts receivable interest rose by 137% to RMB 1,170,633 from RMB 493,308, attributed to interest income from the parent company[17] - The company's financial expenses decreased by 64% to RMB 35,979,768 from RMB 101,152,571, due to debt repayment in 2015[17] - The company's management expenses decreased by 43% to RMB 177,183,694 from RMB 309,050,106, also due to the impact of significant asset restructuring[17] - The company reported a significant increase in cash flow from operations, indicating improved liquidity[29] - The company has undergone significant restructuring, issuing 2,107,341,862 shares as part of a merger, impacting the calculation of earnings per share[32]