HCSC(SH:600378)2015-04-17 16:00Financial Performance - Operating revenue declined by 7.11% to CNY 135,248,734.53 year-on-year[6] - Net profit attributable to shareholders decreased by 11.12% to CNY 13,139,276.10 compared to the same period last year[6] - Basic earnings per share decreased by 12.00% to CNY 0.044 per share[6] - The company reported a significant increase in sales expenses, which decreased by 33.15%, from CNY 6,366,138.08 to CNY 4,256,025.76, reflecting cost control measures[12] - Total operating revenue for Q1 2015 was CNY 135,248,734.53, a decrease of 7.4% from CNY 145,604,472.56 in the same period last year[23] - Net profit for Q1 2015 was CNY 13,505,633.52, a decline of 9.6% compared to CNY 14,939,307.06 in Q1 2014[24] - The company reported an operating profit of CNY 15,836,729.99, down 8.6% from CNY 17,336,797.78 in the previous year[24] - The total profit for Q1 2015 was ¥16,044,265.37, a decrease of 13.2% compared to ¥18,483,817.68 in the previous year[28] - The net profit for Q1 2015 was ¥14,029,535.05, down 13.2% from ¥16,169,220.74 in the same period last year[28] - Basic and diluted earnings per share for Q1 2015 were both ¥0.047, compared to ¥0.054 in Q1 2014, reflecting a decrease of 12.9%[28] Cash Flow - Net cash flow from operating activities worsened by 67.50%, reaching -CNY 60,446,860.20[6] - The net cash flow from operating activities decreased by 67.50%, from CNY -36,087,699.85 to CNY -60,446,860.20, mainly due to a reduction in cash received from sales of goods and services[12] - Cash inflow from operating activities totaled ¥132,398,318.80, a decline of 20.8% from ¥167,206,022.43 in the previous year[31] - Cash outflow from operating activities was ¥192,845,179.00, down 5.1% from ¥203,293,722.28 in Q1 2014[31] - The company reported a net cash outflow of -¥61,860,915.10 for the quarter, compared to -¥37,696,540.69 in the previous year[32] - The cash inflow from investment activities was -¥499,995.47, a slight improvement from -¥601,840.84 in Q1 2014[34] - The cash flow from financing activities resulted in a net outflow of -¥912,000.00, compared to -¥1,007,000.00 in the same period last year[32] Assets and Liabilities - Total assets decreased by 3.24% to CNY 1,092,705,606.16 compared to the end of the previous year[6] - Total assets decreased from CNY 1,129,327,626.12 to CNY 1,092,705,606.16, reflecting a decline in both current and non-current assets[17] - Current liabilities decreased from CNY 392,751,939.48 to CNY 342,650,690.29, indicating improved liquidity management[18] - Total liabilities decreased to CNY 343,567,239.42, down from CNY 393,061,962.55, a decline of about 12.6%[22] - Current liabilities totaled CNY 341,969,617.05, a decrease of 12.6% from CNY 391,441,503.12 year-over-year[22] - The company's total equity increased from CNY 734,955,227.21 to CNY 748,457,293.50, driven by retained earnings growth[18] - Owner's equity increased to CNY 725,868,022.82 from CNY 710,930,055.00, representing a growth of approximately 2.1%[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,771[10] - The largest shareholder, Yingtou Holdings Co., Ltd., held 23.72% of shares, totaling 70,503,800 shares[10] - The second-largest shareholder, China Haohua Chemical Group Co., Ltd., held 23.13% of shares, totaling 68,753,764 shares[10] Other Financial Metrics - The weighted average return on equity decreased by 0.37 percentage points to 1.82%[6] - The company reported a total of CNY 4,250.00 in non-recurring gains and losses for the period[8] - The company's prepaid accounts increased by 31.02%, from CNY 24,273,787.82 to CNY 31,803,662.40, primarily due to payments for engineering projects[12] - Other receivables rose significantly by 70.84%, from CNY 2,745,230.63 to CNY 4,689,841.25, mainly due to the payment of bid guarantees[12] - Employee compensation payable decreased by 45.56%, from CNY 88,927,998.98 to CNY 48,413,917.87, as a result of settling last year's compensation[12] - Other payables decreased by 42.67%, from CNY 35,169,642.78 to CNY 20,161,228.30, primarily due to the return of bid guarantees[12] - The company's cash and cash equivalents decreased from CNY 454,262,866.83 to CNY 395,343,047.28, indicating a tighter cash position[16]