HAC(SH:600202)2015-04-20 16:00Financial Performance - Operating revenue for the quarter was CNY 196,294,474.63, representing a growth of 28.68% year-on-year[6] - Net profit attributable to shareholders was CNY 1,313,629.89, a significant recovery from a loss of CNY 11,893,488.21 in the same period last year[6] - Basic earnings per share increased by 110.97% to CNY 0.0034 from a loss of CNY 0.0310 per share in the previous year[6] - The company's total equity as of March 31, 2015, was CNY 850,910,545.67, up from CNY 845,351,974.70, a slight increase of 0.7%[35] - The net profit for Q1 2015 was CNY 5,558,570.97, a significant recovery from a net loss of CNY 15,889,458.11 in the previous year[41] - The total comprehensive income for Q1 2015 was CNY 5,558,570.97, compared to a total comprehensive loss of CNY 15,889,458.11 in the previous year[43] Assets and Liabilities - Total assets increased by 8.52% to CNY 2,838,111,418.61 compared to the end of the previous year[6] - Total current assets rose to ¥2,062,578,266.95 from ¥1,834,087,063.10, reflecting a significant increase in cash and inventory[25] - Total liabilities increased to ¥1,698,202,848.48 from ¥1,475,066,985.84, indicating higher short-term debt levels[27] - Total assets as of March 31, 2015, amounted to CNY 2,845,453,770.13, compared to CNY 2,620,461,117.85 at the beginning of the year, indicating a growth of 8.6%[35] - Total liabilities increased to CNY 1,994,543,224.46 from CNY 1,775,109,143.15, representing a rise of 12.3%[35] Cash Flow - Cash flow from operating activities decreased by 91.77% to CNY 6,204,540.63 compared to the previous year[6] - Cash inflow from financing activities increased to CNY 350,000,000.00 in Q1 2015, compared to CNY 162,000,000.00 in the same period last year[47] - The net cash flow from operating activities for Q1 2015 was CNY 6,204,540.63, down from CNY 75,409,493.95 in the previous year[47] - Cash flow from financing activities increased by 416.36% to ¥193,586,495.30, driven by increased bank borrowings[17] - The net cash flow from financing activities was ¥193,586,495.30, compared to a net outflow of ¥61,192,567.33 in the previous period[51] Shareholder Information - The total number of shareholders reached 40,613 at the end of the reporting period[10] - The largest shareholder, Harbin Industrial Investment Group Co., Ltd., holds 34.03% of the shares[10] Operational Costs - Operating costs increased by 30.50% to ¥150,078,746.05 due to increased sales revenue[16] - Total operating costs for Q1 2015 were CNY 195,874,550.94, up from CNY 165,039,107.90, reflecting a year-over-year increase of 18.7%[37] - The company's sales expenses increased slightly to CNY 10,054,079.93 from CNY 9,887,251.56 year-over-year[41] - Management expenses decreased to CNY 17,423,639.51 from CNY 20,405,178.59 in the previous year, indicating improved cost management[41] Investment and Income - Investment income decreased by 108.03% to -¥816,679.00, attributed to reduced short-term financial management returns[16] - The company anticipates potential profitability for the cumulative net profit from the beginning of the year to the next reporting period[20]