五矿资本(600390) - 2015 Q1 - 季度财报

Financial Performance - Operating revenue rose by 4.49% to CNY 300,661,194.59 year-on-year[8] - Net profit attributable to shareholders decreased by 96.31% to CNY 150,246.15[8] - Basic earnings per share dropped by 96.31% to CNY 0.0004[8] - Operating profit turned negative at -¥5,451,193.58, a decline of 810.68% compared to the previous year, attributed to lower product sales prices and increased management and financial expenses[15] - The company reported a net loss of CNY 67,527,708.82 for Q1 2015, compared to a loss of CNY 62,827,589.62 in the prior year[25] - The net profit for Q1 2015 was a loss of CNY 4,700,119.20, compared to a profit of CNY 1,456,418.91 in Q1 2014, indicating a significant decline[31] - The total comprehensive income for Q1 2015 was CNY 318,043.39, compared to CNY 4,723,640.16 in Q1 2014, reflecting a drastic reduction[31] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 100,193,021.81, compared to a net outflow of CNY 92,710,028.46 in the same period last year[8] - Cash flow from financing activities increased by 51.89% to ¥149,048,436.10, mainly due to increased bank borrowings for project construction and working capital[17] - The net cash flow from operating activities was -CNY 28,948,850.19, an improvement from -CNY 34,426,700.64 in the previous period[36] - Cash inflow from financing activities reached CNY 409,883,628.08, significantly up from CNY 165,375,169.33 in the previous period, marking a 147.5% increase[36] - Net cash flow from financing activities was CNY 60,746,540.15, compared to CNY 18,653,187.00 in the previous period, indicating a growth of 225.5%[36] Assets and Liabilities - Total assets increased by 6.68% to CNY 2,302,900,548.46 compared to the end of the previous year[8] - Total assets increased to ¥2,302,900,548.46 from ¥2,158,657,464.31, reflecting growth in both current and non-current assets[21] - Total liabilities increased to CNY 927,167,072.19 from CNY 848,118,211.59, representing a growth of 9.3%[25] - Current liabilities totaled CNY 852,352,525.74, up from CNY 773,303,665.14, indicating a rise of 10.2%[25] - Short-term borrowings rose to ¥700,000,000.00 from ¥596,788,515.35, indicating increased leverage for financing operations[21] Shareholder Information - The number of shareholders reached 36,865 at the end of the reporting period[10] - The largest shareholder, Changsha Mining and Metallurgy Research Institute, holds 31.50% of the shares[10] Expenses - Management expenses increased by 49.80% to ¥14,200,041.36 due to rising research and development costs and employee compensation[15] - Financial expenses rose by 42.79% to ¥7,966,424.86 primarily due to increased bank borrowings during the period[15] - Cash paid for various taxes decreased by 38.16% to ¥8,535,981.22, primarily due to reduced value-added tax payments[16] - Cash paid for other operating activities rose by 43.76% to ¥14,079,995.99, mainly due to increased cash payments related to guarantees[16] Inventory and Cash Equivalents - Cash and cash equivalents increased by 44.76% to CNY 101,638,169.87 due to increased bank deposits[13] - The company’s inventory rose to CNY 52,093,348.60, compared to CNY 43,680,369.11, reflecting a 19.3% increase[24] - Cash and cash equivalents increased to CNY 51,377,534.69 from CNY 24,344,910.13, showing a significant growth of 111.5%[24] - The cash and cash equivalents at the end of Q1 2015 were CNY 62,281,468.27, an increase from CNY 40,591,995.89 at the end of Q1 2014[35] Future Plans - The company plans to proceed with a non-public issuance of A-shares, pending approval from the China Securities Regulatory Commission[17]