酒钢宏兴(600307) - 2015 Q1 - 季度财报

Financial Performance - Operating revenue fell by 27.47% to CNY 19.02 billion year-on-year[7] - Net profit attributable to shareholders was CNY -366.40 million, an improvement from CNY -428.31 million in the previous year[7] - Basic and diluted earnings per share were both CNY -0.0585, compared to CNY -0.0684 in the same period last year[7] - The net loss for Q1 2015 was CNY 371,267,842.78, an improvement from a net loss of CNY 433,757,676.24 in Q1 2014[27] - The total comprehensive income attributable to the parent company for Q1 2015 was a loss of ¥366.40 million, compared to a loss of ¥428.31 million in Q1 2014[28] - The company's operating revenue for Q1 2015 was ¥17.67 billion, a decrease of 19.4% compared to ¥22.03 billion in the same period last year[29] - The net profit for Q1 2015 was a loss of ¥81.77 million, compared to a loss of ¥42.12 million in Q1 2014, reflecting a year-over-year increase in losses of 94.3%[29] - The operating profit for Q1 2015 was a loss of ¥97.69 million, worsening from a loss of ¥51.22 million in the previous year[29] Cash Flow and Liquidity - Net cash flow from operating activities worsened by 256.00%, reaching CNY -995.33 million[7] - Cash flow from operating activities showed a net outflow of ¥995.33 million, compared to a smaller outflow of ¥279.59 million in Q1 2014[33] - Net cash flow from operating activities was -¥991,073,188.08, compared to -¥891,974,341.27 in the previous period, indicating a worsening cash flow situation[36] - The company's cash and cash equivalents decreased to CNY 6,871,349,758.32 from CNY 10,865,789,051.21, a decline of approximately 36.5%[23] - Cash and cash equivalents at the end of Q1 2015 were ¥7.32 billion, down from ¥7.59 billion at the end of Q1 2014[34] - The ending cash and cash equivalents balance was ¥6,579,562,258.32, slightly down from ¥6,588,723,955.76, reflecting a marginal decrease[37] - Cash outflow from investing activities was ¥30,615,018.07, significantly reduced from ¥238,019,216.86, showing a decrease of about 87.2%[36] - The total cash outflow from financing activities was ¥6,841,778,586.74, compared to ¥5,245,986,409.36 in the previous period, reflecting an increase of approximately 30.4%[37] Assets and Liabilities - Total assets decreased by 6.58% to CNY 49.65 billion compared to the end of the previous year[7] - The company reported a significant decline in net assets attributable to shareholders, down 2.13% to CNY 16.06 billion[7] - Cash and cash equivalents decreased by 34.22% compared to the beginning of the year, primarily due to the repayment of maturing debts[15] - Current liabilities due within one year decreased by 80.32% compared to the beginning of the year, primarily due to the repayment of maturing bonds[15] - Current liabilities totaled CNY 27,093,472,696.12, a decrease from CNY 29,772,074,214.93 at the start of the year, representing a reduction of about 9.0%[24] - The total liabilities as of March 31, 2015, were CNY 32,591,301,862.77, down from CNY 35,269,903,381.58 at the beginning of the year, reflecting a decrease of approximately 7.6%[25] - The company's equity attributable to shareholders decreased to CNY 18,069,138,984.97 from CNY 18,138,284,653.99, a decline of about 0.4%[25] Shareholder Information - The total number of shareholders reached 94,066 at the end of the reporting period[13] - The largest shareholder, Jiuquan Iron and Steel (Group) Co., Ltd., holds 54.70% of the shares[13] Other Financial Metrics - Non-recurring gains and losses totaled CNY 2.48 million for the period[11] - The weighted average return on net assets was -2.27%, slightly improved from -2.64% in the previous year[7] - The company reported a gross profit margin of approximately -2.4% for Q1 2015, compared to a gross profit margin of -1.9% in Q1 2014[27] - The company incurred financial expenses of ¥306.88 million in Q1 2015, a decrease of 13.7% from ¥355.45 million in the same period last year[29] - The company reported a decrease in sales expenses to ¥469.10 million, up from ¥455.57 million in the previous year, indicating a slight increase of 3.3%[29] - Cash received from loans was ¥3,577,240,000.00, up from ¥3,524,044,018.70, showing a growth of about 1.5%[37] - Cash paid for debt repayment increased to ¥6,055,880,000.00 from ¥4,548,701,346.13, indicating a rise of approximately 33.1%[37] - Cash received from other financing activities rose to ¥443,700,000.00 from ¥287,099,806.56, representing an increase of about 54.6%[37]