Lianovation(SH:600363)2015-04-28 16:00Financial Performance - Operating revenue rose by 30.92% to CNY 515,698,978.53 from CNY 393,904,927.72 in the same period last year[11] - Net profit attributable to shareholders increased by 82.12% to CNY 27,939,082.74, up from CNY 15,340,667.59 year-on-year[6] - Basic earnings per share improved by 82.08% to CNY 0.0630 compared to CNY 0.0346 in the previous year[6] - The company reported a significant increase in investment income by 39.01% to CNY 34,306,341.62, attributed to improved performance from joint ventures[12] - The total comprehensive income for Q1 2015 was CNY 24,400,166.33, compared to CNY 21,129,287.81 in the previous year, reflecting a growth of 15.5%[32] - Net profit for Q1 2015 was ¥26,545,955.83, compared to ¥12,666,305.42 in Q1 2014, representing a growth of 109%[28] - The net profit for Q1 2015 reached CNY 25,979,823.45, up 22.5% from CNY 21,129,287.81 in Q1 2014[31] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 44,510,779.55, an improvement from a net outflow of CNY 48,487,558.42 in the same period last year[6] - The total cash inflow from operating activities was CNY 658,507,238.23, compared to CNY 365,159,741.48 in the previous year, representing an increase of 80.3%[33] - Net cash flow from operating activities improved significantly to $49,020,719.24 from a negative $10,220,208.31, indicating a turnaround in operational performance[36] - Cash inflow from financing activities rose to $176,000,000.00 compared to $50,000,000.00 in the previous period, marking a 252% increase[37] - The company reported a cash inflow from operating activities totaling $206,997,542.23, a substantial increase from $47,515,289.84 in the previous period[36] Assets and Liabilities - Total assets increased by 4.59% to CNY 3,354,983,876.71 compared to the end of the previous year[6] - Total assets increased to CNY 3,354,983,876.71 from CNY 3,207,700,859.73, reflecting growth in both current and non-current assets[21] - Current liabilities rose to CNY 1,303,964,724.39 from CNY 1,181,140,555.74, indicating an increase in short-term financial obligations[21] - The company's total assets as of March 31, 2015, amounted to ¥2,513,850,360.92, an increase from ¥2,349,783,910.33 at the beginning of the year[26] - Total liabilities increased to ¥747,457,344.44 from ¥607,973,866.48, marking a rise of 22.9%[26] Shareholder Information - The number of shareholders reached 33,734, reflecting a stable shareholder base[9] - The company's equity attributable to shareholders reached ¥1,766,393,016.48, up from ¥1,741,810,043.85, a rise of 1.4%[26] Investment Activities - Net cash flow from investing activities decreased by 51.95% compared to the previous year, primarily due to reduced cash payments for fixed asset purchases[13] - The company incurred financial expenses of CNY 3,777,301.14 in Q1 2015, significantly higher than CNY 1,204,973.51 in Q1 2014, indicating an increase of 213.5%[31] - Cash outflow for investment activities decreased to $4,339,985.19 from $100,540,741.13, showing a significant reduction in investment spending[36] - The company’s cash flow from investment activities was negative at -$4,339,985.19, an improvement from -$10,958,792.02, indicating better management of investment cash flows[36] Other Financial Metrics - The weighted average return on equity increased by 0.64 percentage points to 1.56%[6] - Non-recurring gains and losses totaled CNY 2,243,258.51, primarily from government subsidies and other income[8] - Prepayments increased by 77.27% to CNY 72,673,889.47, indicating higher procurement activities[11] - Cash and cash equivalents at the end of the period reached $322,432,871.65, up from $220,190,473.69, reflecting a net increase of 46.4%[37]