YXMC(SH:600213)2015-04-27 16:00Financial Performance - Operating revenue for the period was CNY 282,914,144.91, representing an increase of 28.64% year-on-year [7]. - Net profit attributable to shareholders was a loss of CNY 10,849,781.55, compared to a loss of CNY 28,466,124.04 in the same period last year [7]. - Basic and diluted earnings per share were both -CNY 0.04, improving from -CNY 0.13 in the same period last year [7]. - Operating profit for Q1 2015 was a loss of CNY 12,234,252.52, an improvement from a loss of CNY 30,639,709.63 in Q1 2014 [25]. - Net profit for Q1 2015 was a loss of CNY 11,182,690.87, compared to a loss of CNY 29,836,349.98 in the same quarter last year [25]. - The net profit for the current period is a loss of CNY 8,188,582.02, improving from a loss of CNY 25,351,956.34 in the previous period [27]. Cash Flow - The net cash flow from operating activities was a negative CNY 92,556,563.33, an improvement from a negative CNY 97,602,395.12 in the previous year [7]. - The total cash outflow from operating activities is CNY 306,413,340.86, which is slightly higher than CNY 305,324,701.03 in the previous period [30]. - Cash flow from financing activities decreased by 56.98% to RMB 14,749,677.64, attributed to a reduction in new loans during the period [12]. - The cash flow from financing activities shows a net increase of CNY 14,749,677.64, compared to CNY 34,286,979.43 in the previous period, indicating a decrease of 57.0% [31]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,156,084,513.46, a decrease of 0.44% compared to the end of the previous year [7]. - The company's total liabilities increased marginally from RMB 2,044,602,688.36 to RMB 2,045,715,582.75, indicating stable leverage levels [17]. - The company's equity attributable to shareholders decreased from RMB 45,041,527.36 to RMB 35,695,922.47, reflecting a decline in retained earnings [17]. - The company's total assets decreased to CNY 2,014,091,062.36 from CNY 2,016,522,009.89, a decline of 0.1% [21]. Shareholder Information - The total number of shareholders at the end of the reporting period was 18,120 [10]. - The largest shareholder, Weichai (Yangzhou) Yaxing Automobile Co., Ltd., held 51.00% of the shares [10]. Operational Metrics - Non-operating income for the period totaled CNY 1,051,561.65, including CNY 721,413.12 from the disposal of non-current assets [9]. - The company reported a government subsidy of CNY 200,000 related to its normal business operations [9]. - Accounts receivable increased significantly, leading to an asset impairment loss of RMB 4,054,138.63, a 156.15% increase compared to the previous period [11]. - Financial expenses rose by 56.83% to RMB 7,713,877.50, primarily due to increased bank loans and interest expenses [11]. - The construction in progress decreased by 54.66% from RMB 9,811,803.75 to RMB 4,449,011.49, primarily due to the capitalization of new plant equipment [11]. - The company reported a significant reduction in tax payable by 64.96%, from RMB 42,162,645.21 to RMB 14,775,095.20, mainly due to a decrease in value-added tax [11]. Inventory and Receivables - Cash and cash equivalents decreased by 31.07% from RMB 328,485,146.40 to RMB 226,421,941.21 due to increased accounts receivable and operational cash expenditures [11]. - Accounts receivable increased to CNY 1,268,478,057.48 from CNY 1,192,973,868.47, reflecting a growth of 6.3% [19]. - Inventory rose to CNY 153,035,313.12, up 17.2% from CNY 130,463,103.29 at the beginning of the year [19].