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白云山(600332) - 2015 Q1 - 季度财报
2015-04-27 16:00

Financial Performance - Net profit attributable to shareholders for the first quarter of 2015 was RMB 365,128 thousand, representing a 14.93% increase year-on-year[10]. - Operating revenue for the first quarter of 2015 was RMB 4,730,148 thousand, a slight increase of 1.17% compared to the same period last year[10]. - Basic earnings per share for the first quarter of 2015 were RMB 0.283, reflecting a 14.93% increase compared to RMB 0.246 in the same period last year[10]. - Total operating revenue for Q1 2015 was CNY 4,730,148,271.55, an increase from CNY 4,675,666,271.89 in the same period last year, representing a growth of approximately 1.16%[38]. - Net profit for Q1 2015 reached CNY 373,787,472.89, compared to CNY 331,850,712.44 in Q1 2014, reflecting an increase of about 12.65%[39]. - Total comprehensive income for the first quarter of 2015 was approximately RMB 373 million, an increase from RMB 331 million in the same period last year, representing a growth of 12.7%[40]. - Basic and diluted earnings per share for the first quarter were both RMB 0.283, up from RMB 0.246 in the previous year, indicating a growth of 15.0%[40]. Cash Flow - The net cash flow from operating activities for the first quarter was RMB 238,588 thousand, up 44.18% from RMB 165,476 thousand in the previous year[10]. - The net cash flow from operating activities increased by 44.18% year-on-year, reaching CNY 238,588 thousand, attributed to a decrease in tax payments[16]. - Cash inflow from operating activities reached approximately RMB 4.18 billion, compared to RMB 3.83 billion in the same period last year, reflecting an increase of 9.2%[43]. - Cash outflow for purchasing goods and services was approximately RMB 2.34 billion, an increase from RMB 2.04 billion year-on-year, representing a rise of 14.5%[43]. - Cash inflow from financing activities totaled approximately RMB 86.63 million, compared to RMB 95.02 million in the same period last year, showing a decrease of 8.3%[44]. - The company reported a net increase in cash and cash equivalents of approximately RMB 260.92 million, compared to RMB 22.38 million in the previous year, indicating a significant improvement[44]. Assets and Liabilities - Total assets as of March 31, 2015, reached RMB 14,913,449 thousand, an increase of 4.94% compared to the end of the previous year[10]. - The total liabilities as of Q1 2015 amounted to CNY 6,581,358,544.36, up from CNY 6,251,805,091.36 in the previous year, indicating a growth of approximately 5.26%[36]. - The total current liabilities stood at RMB 604.76 million, compared to RMB 560.53 million at the beginning of the year, marking an increase of about 7.9%[34]. - The company's cash and cash equivalents reached RMB 3.44 billion, up from RMB 3.18 billion at the beginning of the year, indicating an increase of about 8.2%[33]. - The cash balance at the end of the period was approximately RMB 3.29 billion, an increase from RMB 1.94 billion at the end of the previous year, representing a growth of 69.5%[44]. Investments and Acquisitions - The company acquired a 100% stake in Guangzhou Medicine Haima Brand Integration Communication Co., Ltd. for RMB 7 million in January 2015, adding one new consolidated entity[32]. - The goodwill from the acquisition of Guangzhou Medicine Haima was recorded at RMB 2.29 million[32]. - The company reported a potential cumulative net profit loss for the year compared to the same period last year[31]. Shareholder and Corporate Governance - The number of shareholders as of March 31, 2015, was 69,336, with 69,308 holding A shares and 28 holding H shares[12]. - The company is committed to maintaining its independence and integrity post-major asset restructuring, ensuring no substantial competition with its subsidiaries[19]. - The company plans to establish a long-term incentive system linked to performance growth within three years, as part of its commitment to sustainable development[19]. - The company is actively working on compliance with regulations regarding related party transactions to protect shareholder rights[23]. - The controlling shareholder committed to fully compensate the company for any economic losses incurred due to defects in property rights within two months of the actual loss occurring[27]. Operational Efficiency - The impairment loss decreased by 39.70% year-on-year, recorded at CNY 2,277 thousand, reflecting improved asset management[16]. - Operating expenses related to non-current asset losses decreased by 69.12% year-on-year, totaling CNY 761 thousand, indicating better operational efficiency[16]. - The company received government subsidies amounting to RMB 6,284 thousand during the first quarter, contributing to its financial performance[12].