DPC(SH:600405)2016-04-27 16:00Financial Performance - Operating revenue for the reporting period was ¥156,992,253.34, a decrease of 2.90% year-on-year[7]. - Net profit attributable to shareholders of the listed company was -¥29,163,769.40, compared to -¥20,878,760.10 in the same period last year[7]. - Operating profit for Q1 2016 was -¥28,873,964.70, compared to -¥21,916,298.04 in the same period last year, indicating a decline in profitability[32]. - Net profit for Q1 2016 was -¥24,758,849.23, worsening from -¥19,046,779.66 in Q1 2015[32]. - Total comprehensive income for Q1 2016 was -¥24,758,849.23, compared to -¥19,046,779.66 in the same period last year[33]. Cash Flow - Cash flow from operating activities showed a net outflow of -¥41,215,690.24, worsening from -¥32,142,601.54 year-on-year[7]. - Cash received from borrowings during the reporting period was CNY 105,980,000.00, an increase of 46.18% year-on-year, attributed to increased short-term loans by the parent company and its subsidiaries[14]. - Cash inflow from financing activities was CNY 116,632,405.98, slightly up from CNY 111,020,094.82, marking an increase of 5.7%[37]. - Net cash flow from financing activities improved to CNY 16,272,471.51 from CNY 11,521,597.39, showing an increase of 41.0%[37]. - The net increase in cash and cash equivalents for the period was -CNY 55,017,727.72, compared to -CNY 45,615,634.90 in the previous year, reflecting a decline of 20.5%[37]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,306,926,379.69, an increase of 1.14% compared to the end of the previous year[7]. - Total current assets as of March 31, 2016, were CNY 1,511,169,963.95, slightly up from CNY 1,502,099,192.56 at the beginning of the year[22]. - Total liabilities were CNY 1,532,117,573.38, compared to CNY 1,479,431,612.07 in the previous period, reflecting an increase of 3.6%[24]. - Owner's equity decreased to CNY 774,808,806.31 from CNY 801,593,789.37, indicating a decline of 3.3%[24]. Shareholder Information - The number of shareholders reached 123,058 at the end of the reporting period[9]. - The company has committed to not transferring non-circulating shares within twelve months and to adhere to specific conditions regarding share sales and management activities[19]. Operational Costs - Operating expenses for the reporting period amounted to CNY 1,617,719.13, an increase of 7550.48% compared to the previous year, primarily due to increased compensation related to product quality issues at a subsidiary[14]. - Total operating costs for Q1 2016 amounted to CNY 190,360,696.59, an increase of 3.0% from CNY 184,818,765.47 in the previous period[29]. Inventory and Receivables - The company's receivables decreased by 48.50% to ¥17,466,060.26 due to increased endorsement transfers of bank acceptance bills[12]. - Inventory as of March 31, 2016, was CNY 371,493,682.10, an increase from CNY 322,942,874.20 at the beginning of the year[22]. - Inventory increased to CNY 172,147,304.65 from CNY 138,457,048.77, representing a growth of 24.3%[27]. Financial Expenses and Income - Financial expenses for the period amounted to ¥10,639,827.23, an increase of 48.62% due to increased interest from working capital loans[13]. - Investment income for Q1 2016 was -¥134,950.54, a significant decline from the income of ¥47,558.89 in the previous year[32]. - The company reported a tax expense of ¥139,056.87 for Q1 2016, down from ¥369,080.38 in the previous year[32].