YCIG(SH:600345)2015-04-29 16:00Financial Performance - Operating revenue decreased by 35.14% to CNY 120,922,999.23 compared to the same period last year[7] - Net profit attributable to shareholders increased by 166.21% to CNY 9,139,980.27 compared to the same period last year[7] - Basic earnings per share rose by 150.00% to CNY 0.05 compared to the same period last year[7] - Operating revenue decreased by 35.14% from CNY 186,451,213.62 to CNY 120,922,999.23[13] - Operating costs fell by 37.65% from CNY 171,238,883.61 to CNY 106,767,790.73[13] - Net profit attributable to shareholders increased by 86.45% from CNY 4,920,390.11 to CNY 9,174,186.76[14] - The company reported a diluted earnings per share of CNY 0.05, reflecting a significant increase from the previous year[7] - The net profit for Q1 2015 reached CNY 14,544,365.82, up from CNY 7,894,734.69 in the same period last year, representing an increase of approximately 84%[31] - Basic earnings per share for Q1 2015 were CNY 0.07, compared to CNY 0.04 in the previous year, reflecting a 75% increase[31] - The total comprehensive income for Q1 2015 was CNY 14,544,365.82, compared to CNY 7,894,734.69 in the same period last year, indicating strong performance[31] Assets and Liabilities - Total assets increased by 2.04% to CNY 1,702,031,025.79 compared to the end of the previous year[7] - Total assets increased from CNY 1,667,996,387.36 to CNY 1,702,031,025.79[20] - Total liabilities as of March 31, 2015, were CNY 194,783,853.00, up from CNY 114,349,871.10 at the start of the year, reflecting a 70.5% increase[25] - Total equity attributable to shareholders was CNY 1,213,607,281.56, compared to CNY 1,199,062,915.74 at the beginning of the year, showing a slight increase[26] - Cash and cash equivalents decreased to CNY 28,070,869.92 from CNY 81,014,317.78 at the beginning of the year, a decline of 65.3%[24] Cash Flow - Cash flow from operating activities showed a loss of CNY 122,128,511.45, worsening by 17.36% compared to the previous year[7] - The company reported a net cash outflow from operating activities of CNY -122,128,511.45, compared to CNY -104,062,892.97 in the previous period[33] - Cash inflow from operating activities totaled 1,255,293.25 RMB, down from 16,784,825.61 RMB in the previous period[36] - Cash outflow from operating activities increased to 133,360,821.49 RMB from 48,661,876.46 RMB, reflecting higher operational costs[36] - The total cash inflow from operating activities was significantly lower than the cash outflow, leading to a negative cash flow situation[36] Shareholder Information - The number of shareholders reached 16,741 at the end of the reporting period[10] - The largest shareholder, Wuhan Yangtze Communication Industry Group Co., Ltd., holds 28.63% of the shares[10] Other Financial Metrics - Non-recurring gains and losses totaled CNY 34,206.49 for the reporting period[10] - The weighted average return on net assets increased by 0.31 percentage points to 0.77%[7] - Prepayments increased by 156.14% from CNY 45,056,843.86 to CNY 115,408,113.15[13] - Other receivables rose by 34.65% from CNY 22,074,224.37 to CNY 29,723,383.17[13] - Short-term borrowings increased by 133.33% from CNY 60,000,000.00 to CNY 140,000,000.00[13] - Development expenditures surged by 358.22% from CNY 242,476.53 to CNY 1,111,068.52[13] - Tax payable decreased by 65.48% from CNY 14,821,967.97 to CNY 5,117,190.60[13] - Financial expenses decreased significantly by 113.42% from CNY 3,405,739.65 to CNY -457,208.75[13] - The company incurred sales expenses of CNY 1,000,000.00 in Q1 2015, which is a significant increase from CNY 502,252.02 in the previous year[31] - The company reported investment income of CNY 24,019,879.36 for Q1 2015, up from CNY 15,104,997.83 in the previous year, representing a growth of 59.8%[27] - The company reported investment income of CNY 24,217,698.21, up from CNY 15,928,980.68 in the previous period, marking a growth of approximately 52%[31] - The company’s financial expenses decreased to CNY 707,064.11 from CNY 1,268,622.70 in the previous year, reflecting improved cost management[31]