CPEC(SH:600339)2015-04-24 16:00Financial Performance - Net profit attributable to shareholders was CNY -69,387,055.68, a significant decline from CNY -23,516,395.79 in the same period last year[6] - Operating revenue decreased by 20.29% to CNY 516,952,352.32 compared to CNY 648,564,239.19 in the previous year[6] - The company reported a net loss of CNY -197,846,756.80 in retained earnings due to current period losses[12] - Net profit for Q1 2015 was a loss of CNY 78,023,713.22, compared to a loss of CNY 27,164,965.70 in Q1 2014[22] - The company’s total comprehensive income for Q1 2015 was a loss of CNY 55,98 million, compared to a loss of CNY 17,93 million in the same period last year[25] Cash Flow - Cash flow from operating activities increased significantly to CNY 101,318,929.35 from CNY 230,057.95 in the same period last year[6] - The net cash flow from operating activities for the current period was ¥101,318,929.35, a significant increase of 43,940.61% compared to the previous year's ¥230,057.95, primarily due to increased sales and cash receipts[14] - The net cash flow from financing activities decreased to -¥80,209,836.85 from ¥88,083,510.12, reflecting higher cash outflows for bank loan repayments[14] - Cash inflow from financing activities totaled $468 million, an increase from $396.5 million in the previous year, representing a growth of approximately 17.9%[31] - Cash outflow from financing activities amounted to $549.1 million, up from $330.8 million, indicating a rise of about 66.1% year-over-year[31] - Net cash flow from financing activities was negative at -$81.1 million, compared to a positive $65.7 million in the same quarter last year[31] Assets and Liabilities - Total assets increased by 1.08% to CNY 3,976,336,255.01 compared to the end of the previous year[6] - The total current assets increased to ¥595,297,108.44 from ¥506,020,836.84, indicating a growth of approximately 17.6%[18] - The total liabilities rose to ¥2,989,176,631.27 from ¥2,868,730,094.40, marking an increase of about 4.2%[19] - The company's total assets amounted to ¥3,976,336,255.01, slightly up from ¥3,933,850,489.70, indicating a growth of approximately 1.1%[19] - Current liabilities totaled CNY 2,053,050,274.77, an increase of 4.6% from CNY 1,962,862,448.66 at the start of the year[21] Inventory and Expenses - Sales expenses rose by 48.17% to CNY 41,358,413.43 due to changes in pricing models for certain products[12] - The inventory increased to ¥332,221,972.69 from ¥295,344,891.78, reflecting an increase of about 12.5%[17] - Total operating costs for Q1 2015 were CNY 598,874,544.27, down 11.9% from CNY 679,830,837.64 year-on-year[22] - The total operating expenses increased to CNY 385.38 million from CNY 327.81 million, reflecting a rise of 17.5% year-over-year[24] Investment Income - Investment income increased to CNY 2,007,292.12 from a loss of CNY -398,975.45 in the previous year[12] - The company reported an investment income of CNY 2,007,292.12, compared to a loss of CNY 398,975.45 in the previous year[22] - The company recorded an investment income of CNY 2.01 million, a recovery from a loss of CNY 0.40 million in the previous year[24] Shareholder Information - The number of shareholders reached 51,778, with the largest shareholder holding 21.90% of the shares[9] - The company has committed to not engaging in similar business activities that could compete with its operations, ensuring long-term strategic alignment[14]