AECC AST(SH:600391)2016-04-28 16:00Financial Performance - Operating revenue rose by 11.03% to CNY 467,866,886.96 year-on-year[6] - Net profit attributable to shareholders was CNY 5,959,031.36, a significant recovery from a loss of CNY 3,692,490.32 in the same period last year[6] - The company reported a significant increase in profit before tax, which rose by 939.94% to CNY 15,845,054.89 due to expanded production and increased product margins[12] - The company recorded a 147.50% increase in income tax expenses, amounting to CNY 3,951,103.88, reflecting higher taxable income[12] - Operating profit increased significantly to ¥15,011,303.41 from ¥1,772,439.50, marking an increase of 746%[30] - Net profit for the current period was ¥11,893,951.01, compared to a net loss of ¥72,761.54 in the previous period[30] - The net profit attributable to the parent company was ¥5,959,031.36, recovering from a loss of ¥3,692,490.32[30] - Basic and diluted earnings per share improved to ¥0.02 from a loss of ¥0.01[31] Cash Flow - Cash flow from operating activities showed an improvement, with a net outflow of CNY 16,373,650.20 compared to a net outflow of CNY 28,358,429.80 in the previous year[6] - The net cash flow from operating activities for the current period is -16,373,650.20 RMB, an increase of 42.26% compared to the previous year[13] - Operating cash inflow for Q1 2015 was CNY 400,949,360.56, an increase from CNY 365,804,199.93 in the previous year, representing a growth of approximately 9.4%[38] - Net cash flow from operating activities was CNY 4,722,436.76, a significant improvement compared to a net outflow of CNY 50,919,535.41 in the same period last year[39] - Cash inflow from financing activities was CNY 388,316,236.81, compared to CNY 193,174,446.02 in the previous year, marking a growth of approximately 100.8%[39] - Net cash flow from financing activities was CNY 66,059,456.09, down from CNY 109,497,150.85 in the previous year, reflecting a decrease of about 39.7%[39] Assets and Liabilities - Total assets increased by 1.94% to CNY 5,111,853,327.27 compared to the end of the previous year[6] - Current liabilities decreased to ¥1,804,870,117.75 from ¥1,918,226,331.06, a reduction of about 5.91%[22] - Non-current liabilities rose to ¥1,287,581,724.92 from ¥1,090,594,044.21, indicating an increase of approximately 17.98%[23] - Total liabilities increased to ¥3,092,451,842.67 from ¥3,008,820,375.27, showing a growth of around 2.77%[23] - Owner's equity totaled ¥2,019,401,484.60, up from ¥2,005,552,481.25, representing an increase of about 0.93%[23] - Cash and cash equivalents rose to ¥176,795,191.09 from ¥145,896,095.41, a growth of approximately 21.14%[25] Shareholder Information - The number of shareholders reached 52,770, indicating a stable shareholder base[9] - The largest shareholder, Chengdu Engine (Group) Co., Ltd., holds 36.02% of the shares[9] Investment Activities - The net cash flow from investing activities is -67,619,353.52 RMB, a decrease of 104.76% year-on-year, primarily due to increased fixed asset investments[13] - Cash outflow for investment activities totaled CNY 56,069,746.33, up from CNY 39,255,645.59 in the previous year, indicating an increase of about 43%[39] Cost Management - Total operating costs amounted to ¥452,855,583.55, up from ¥419,631,172.60, reflecting a rise of 7.9%[30] - The company reported a significant reduction in financial expenses, decreasing to ¥10,683,166.24 from ¥15,172,900.66[33] Inventory Management - Inventory as of March 31, 2015, is valued at 1,860,147,418.82 RMB, an increase from 1,784,614,401.87 RMB at the beginning of the year[21] - Inventory increased to ¥1,718,442,292.32 from ¥1,648,683,371.45, reflecting a rise of about 4.23%[26]