GRIAM(SH:600206)2015-04-27 16:00Financial Performance - Operating revenue for the current period reached CNY 633,908,944.82, representing a year-on-year increase of 32.46%[8] - Net profit attributable to shareholders of the listed company was CNY 12,924,858.52, a significant recovery from a loss of CNY 21,343,327.14 in the same period last year[8] - The net profit after deducting non-recurring gains and losses was CNY 10,335,544.58, compared to a loss of CNY 24,479,725.75 in the previous year[8] - Basic earnings per share were CNY 0.015, recovering from a loss of CNY 0.055 in the same period last year[9] - The total profit for the period was RMB 17,925,343.95, a turnaround from a loss of RMB 17,862,070.24 in the previous year[16] - The company's operating revenue for the first quarter reached RMB 633,908,944.82, an increase of 32.46% compared to RMB 478,570,216.50 in the previous year[16] - The net profit for the period was RMB 14,880,659.47, a significant recovery from a net loss of RMB 19,656,219.38 in the same period last year[16] - The basic earnings per share improved to RMB 0.015 from a loss of RMB 0.055, reflecting the increase in net profit[17] - The company reported a basic and diluted earnings per share of CNY 0.015 for Q1 2015, recovering from a loss of CNY 0.055 per share in Q1 2014[37] - The total comprehensive income for the first quarter was CNY 983,552.18, compared to a loss of CNY 24,886,917.19 in the previous year[41] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,117,194,230.24, a decrease of 0.58% compared to the end of the previous year[8] - The company's current assets totaled CNY 2,615,604,810.77, down from CNY 2,629,115,146.69 at the start of the year, indicating a decrease of approximately 0.2%[26] - Total liabilities decreased to CNY 227,194,961.74 from CNY 257,838,570.88, marking a reduction of about 11.9%[28] - The company's equity attributable to shareholders increased to CNY 2,742,755,424.40 from CNY 2,732,410,131.11, showing a growth of approximately 0.4%[28] - The total assets at the end of Q1 2015 were CNY 2,682,941,415.03, slightly down from CNY 2,691,389,192.00 at the beginning of the year[32] - Total liabilities decreased to CNY 24,839,486.26 from CNY 34,270,815.41 at the beginning of the year, indicating improved financial stability[32] Cash Flow - Cash flow from operating activities was -CNY 68,117,982.81, an improvement from -CNY 87,151,384.23 in the previous year[8] - The company's cash inflow from operating activities totaled RMB 754,385,992.10, up 37.66% from RMB 548,005,958.76, attributed to increased sales and interest income[17] - Cash outflow for investment activities decreased by 48.26% to RMB 47,558,035.60 from RMB 91,913,398.73, indicating reduced investment activity[17] - The company reported cash and cash equivalents at the end of the period amounting to CNY 1,287,353,266.49, up from CNY 1,106,038,187.98 at the end of the previous year[45] - Cash outflow from financing activities was CNY 29,900,936.59, significantly lower than CNY 174,236,848.77 in the same period last year[45] Shareholder Information - The number of shareholders at the end of the reporting period was 37,473[12] - The largest shareholder, Beijing Nonferrous Metals Research Institute, held 388,510,668 shares, accounting for 46.32% of the total shares[12] Corporate Governance and Compliance - The company is committed to ensuring the asset safety and legal rights of its subsidiaries, including expediting the processing of property ownership certificates[19] - The company has pledged to avoid engaging in competitive businesses with its parent company, ensuring no conflicts of interest arise[19] - Future transactions with the parent company will be conducted at fair market prices, adhering to regulatory requirements for related party transactions[19] - The company aims to maintain transparency in related party transactions by involving independent directors and financial advisors when necessary[19] - The company has committed to a long-term strategy of safeguarding its subsidiaries' assets and ensuring compliance with legal obligations[19] - The company reported a commitment to ensure that its operations remain independent from its controlling shareholder, Yuyuan Institute, to avoid any substantial competition[21] - Yuyuan Institute will not engage in any business that directly or indirectly competes with the main business of the company, both domestically and internationally[21] - The company has established a commitment to disclose information in accordance with relevant regulations and ensure compliance with corporate governance standards[21] Investment and Financing Activities - The company reported a cash inflow of CNY 30 million from borrowings, which is a 100% decrease compared to the previous year, indicating no new borrowings this year[18] - Cash received from other financing activities was CNY 18.7 million, also a 100% decrease, reflecting no new financing activities this year[18] - The company repaid debts amounting to CNY 29.38 million, which is a 44.54% increase compared to CNY 20.33 million in the previous year[18] - Dividend payments decreased significantly by 97% to CNY 503,670.22 from CNY 16.81 million, attributed to reduced bank loan interest payments[18]