ZMC(SH:600216)2016-04-27 16:00Financial Performance - Operating revenue for the period reached CNY 1,308,922,245.86, representing a growth of 24.81% year-on-year[6] - Net profit attributable to shareholders of the listed company was CNY 64,722,190.63, a significant increase of 324.20% compared to the same period last year[6] - Basic earnings per share were CNY 0.07, up 333.33% from a loss of CNY 0.03 in the previous year[6] - The company experienced a net profit of CNY 59,960,097.22, an increase of 164.41% compared to the previous year[6] - Operating profit for Q1 2016 was CNY 65,302,359.08, a significant recovery from a loss of CNY 29,559,284.09 in the previous year[23] - Net profit for Q1 2016 totaled CNY 69,708,164.10, compared to a loss of CNY 27,093,162.61 in Q1 2015[23] - The total comprehensive income for the period was CNY -4,074,786.62, a significant decrease from CNY 63,108,950.23 in the previous year[24] - Basic and diluted earnings per share were both CNY 0.07, compared to a loss of CNY 0.03 per share in Q1 2015[24] Cash Flow - The net cash flow from operating activities was negative CNY 179,730,608.98, worsening by 100.29% compared to the same period last year[6] - Cash flow from operating activities showed a net outflow of CNY -179,730,608.98, worsening from CNY -89,732,995.55 in the same quarter last year[30] - Operating cash inflow for Q1 2016 was CNY 729,752,466.89, an increase of 9.46% compared to CNY 666,642,151.26 in the same period last year[32] - Operating cash outflow totaled CNY 774,057,625.27, up from CNY 683,352,703.63, resulting in a net cash flow from operating activities of -CNY 44,305,158.38, compared to -CNY 16,710,552.37 in Q1 2015[33] - Investment activities generated a net cash outflow of -CNY 188,994,758.89, worsening from -CNY 144,300,456.48 year-over-year[33] - Financing activities resulted in a net cash inflow of CNY 15,459,152.78, a significant decrease from CNY 246,590,763.90 in the previous year[33] - The company experienced a net decrease in cash and cash equivalents of -CNY 218,405,240.82 during the quarter[33] - The beginning cash balance for Q1 2016 was CNY 755,684,117.71, indicating a significant drop in liquidity compared to the previous year[33] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,224,312,702.84, a decrease of 0.30% compared to the end of the previous year[6] - Current assets decreased to CNY 2,606,174,121.42 from CNY 2,710,399,939.78 at the beginning of the year, a decline of 3.8%[20] - Total liabilities decreased to CNY 1,138,145,137.13 from CNY 1,231,964,405.17, reflecting a reduction of 7.6%[21] - Total equity attributable to shareholders was CNY 6,323,524,730.73, down from CNY 6,372,591,024.26 at the start of the year[22] - Cash and cash equivalents decreased by 31.11% to ¥801,590,046.81 due to investments in construction projects[11] - Accounts receivable increased by 31.06% to ¥1,200,294,087.55, attributed to higher sales revenue[11] - Prepayments surged by 175.90% to ¥54,286,285.12, driven by increased advance payments for raw materials and electricity[11] - Long-term borrowings rose significantly by 349.50% to ¥89,900,000.00, reflecting an increase in bank loans[11] Shareholder Information - The total number of shareholders at the end of the reporting period was 55,420[9] - The largest shareholder, New Changxing Investment Development Co., Ltd., held 22.14% of the shares, totaling 207,282,778 shares[9] - The actual controller has pledged not to reduce shareholdings for three years, reflecting confidence in the company's future[14] Operating Costs and Expenses - Total operating costs for Q1 2016 were CNY 1,244,745,022.35, up 9.2% from CNY 1,139,216,489.23 in Q1 2015[23] - The company's operating costs increased to CNY 593,164,443.29, up from CNY 511,527,505.21, reflecting a rise of 15.9%[26] - Management expenses decreased to CNY 80,419,009.18 from CNY 89,346,289.95, indicating a reduction of 10.3%[27] - Financial expenses decreased by 89.79% to ¥1,373,121.38, due to reduced exchange losses[12] - The investment income for the period was CNY 135.57, a significant drop from CNY 60,925,574.67 in the previous year[27] - The company reported a financial expense of CNY -5,266,616.90, compared to CNY 6,029,019.07 in Q1 2015, showing a positive shift[27] Other Income - The company reported non-operating income of CNY 4,586,254.71 during the period[8] - Non-operating income increased by 57.34% to ¥10,110,964.11, primarily from tax refunds received[13] - Cash flow from investment activities was CNY 5,910,922.70, a decline from CNY 184,238,833.76 in the previous year[33] - Cash outflow for purchasing fixed assets and other long-term assets was CNY 183,905,681.59, compared to CNY 260,039,290.24 in the same period last year[33] - Cash inflow from borrowing was CNY 220,000,000.00, down from CNY 250,000,000.00 in Q1 2015[33]