AGSW(SH:600199)2015-04-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 31.99% to CNY 22,060,460.28 year-on-year[6] - Operating revenue declined by 9.23% to CNY 521,514,965.50 compared to the same period last year[6] - Basic earnings per share fell by 32.02% to CNY 0.0397[6] - The net profit after deducting non-recurring gains and losses decreased by 49.50% to CNY 12,293,774.93[6] - Net profit for Q1 2015 was CNY 22,080,345.87, a decline of 31.94% compared to CNY 32,430,223.31 in Q1 2014[23] - The total operating profit for Q1 2015 was CNY 27,194,918.28, a decrease from CNY 27,754,179.25 in the previous year, reflecting a decline of approximately 2%[27] - The net profit for Q1 2015 was CNY 16,694,403.04, down from CNY 21,337,674.32 in the same period last year, representing a decrease of about 22%[27] Assets and Liabilities - Total assets increased by 1.11% to CNY 3,255,939,398.82 compared to the end of the previous year[6] - Total assets at the end of Q1 2015 amounted to CNY 3,289,878,789.45, an increase from CNY 3,038,039,905.38 at the beginning of the year[21] - Total liabilities as of Q1 2015 were CNY 1,610,203,199.99, up from CNY 1,374,904,343.65 at the start of the year[21] - Current assets totaled CNY 2,241,491,551.22, an increase of 11.31% from CNY 2,013,738,264.75 at the beginning of the year[21] Cash Flow - The net cash flow from operating activities was CNY 140,661,790.33, a significant improvement from a negative cash flow of CNY 7,241,337.74 in the previous year[6] - Cash flow from operating activities generated a net amount of CNY 140,661,790.33, a significant improvement compared to a net outflow of CNY 7,241,337.74 in the previous year[30] - The company’s cash flow from operating activities was positively impacted by an increase in cash received from customers, which rose by CNY 117,152,011.29 year-over-year[29] - The company reported cash outflows from investing activities totaling CNY 609,723,960.18, compared to CNY 408,840,613.56 in the previous year, marking an increase of about 49%[30] - The company’s investment activities resulted in a net cash outflow of CNY 42,842,461.37, contrasting with a net inflow of CNY 93,972,936.56 in the previous year, indicating a shift in investment strategy[30] Shareholder Information - The number of shareholders reached 70,034, with the largest shareholder holding 32.07% of the shares[11] Government Subsidies - The company received government subsidies amounting to CNY 70,000.00 during the reporting period[6] - The company reported a significant decrease in government subsidies received, down 78.44% to ¥771,629.20 compared to the previous year[14] Other Financial Metrics - The weighted average return on equity decreased by 0.49 percentage points to 0.99%[6] - Investment income rose by 63.06% to ¥12,154,863.01, attributed to an expansion in bank wealth management products[14] - Accounts receivable decreased by 30.87% to ¥254,088,804.42 due to a reduction in bank acceptance bills received during the reporting period[13] - Accounts payable increased by 19.73% to ¥399,016,977.36, reflecting higher operational costs[17] - Prepaid expenses decreased by 32.19% to ¥13,715,865.46, as the company settled advertising expenses from the previous year[13] - Other receivables increased by 39.54% to ¥15,222,721.95, primarily due to increased deposits paid during the reporting period[14] - Deferred income tax liabilities increased by 49.72% to ¥5,964,579.73, reflecting higher accrued tax liabilities[14] Future Outlook - The company anticipates potential fluctuations in net profit for the upcoming reporting period, although no significant changes are expected compared to the previous year[15]