XEMC(SH:600416)2015-04-29 16:00Financial Performance - Operating revenue rose by 41.26% to CNY 1.44 billion year-on-year[6] - Net profit attributable to shareholders decreased by 1,843.73% to a loss of CNY 25.29 million compared to the previous year[6] - Basic and diluted earnings per share were both -CNY 0.035, a decrease of 1,850% compared to the previous year[6] - The weighted average return on equity dropped by 31.07 percentage points to -31.00%[6] - The company reported a net profit margin of approximately -2.1% for Q1 2015, with total costs reaching ¥1,473,382,118.94 against revenues of ¥1,442,051,678.25[31] - The net profit for Q1 2015 was CNY 5,687,859.25, a decrease of 77.9% from CNY 25,754,492.38 in Q1 2014[35] - The total comprehensive income for Q1 2015 was CNY 5,687,859.25, down from CNY 25,754,492.38 in the previous year[35] - The company's operating profit for Q1 2015 was CNY 6,847,291.97, a decline of 75.6% compared to CNY 28,048,241.45 in Q1 2014[34] - The company reported a total profit of CNY 6,847,828.97 for Q1 2015, down from CNY 30,505,133.08 in the same period last year[34] Assets and Equity - Total assets increased by 6.85% to CNY 17.83 billion compared to the end of the previous year[6] - The company reported a significant increase in total equity attributable to shareholders, rising by 76.70% to CNY 3.77 billion compared to the previous year[6] - Total assets as of March 31, 2015, amounted to ¥17,830,015,142.70, up from ¥16,687,718,610.01 at the beginning of the year, reflecting a growth of 6.9%[26] - Owner's equity increased significantly to ¥3,903,802,933.90 from ¥2,276,531,447.91, representing a growth of 71.5%[26] - Cash and cash equivalents rose to ¥1,454,552,943.54, compared to ¥555,255,854.53 at the beginning of the year, marking an increase of 161.9%[28] - The total current assets as of March 31, 2015, amounted to RMB 14,338,711,913.92, up from RMB 13,214,686,075.46 at the beginning of the year[24] Liabilities - Current liabilities decreased to ¥12,378,438,482.36 from ¥12,830,374,659.58, a reduction of approximately 3.5%[26] - Non-current liabilities totaled ¥1,547,773,726.44, slightly down from ¥1,580,812,502.52, indicating a decrease of about 2.1%[26] - The total amount of long-term payables increased by 68.25% to RMB 140,805,115.76, mainly due to an increase in financing lease payables[15] Cash Flow - Cash flow from operating activities showed a loss of CNY 763.03 million, worsening from a loss of CNY 454.14 million in the same period last year[6] - The cash flow from operating activities for Q1 2015 was CNY 1,396,270,879.29, an increase of 43.4% compared to CNY 974,471,073.42 in Q1 2014[37] - The total cash outflow from operating activities was 2,541,172,999.18 RMB, compared to 1,600,537,917.50 RMB in the previous period, representing an increase of about 58%[38] - Cash inflow from operating activities amounted to 1,778,139,314.18 RMB, compared to 1,146,402,539.36 RMB in the previous period, showing an increase of approximately 55%[38] - Total cash inflow from financing activities reached 2,705,162,397.65 RMB, significantly higher than 1,298,009,542.88 RMB in the previous period, marking an increase of about 108%[39] - The net cash flow from financing activities was 1,161,186,252.76 RMB, a substantial improvement from 8,524,978.84 RMB in the previous period[39] Shareholder Information - The total number of shareholders reached 22,788 at the end of the reporting period[12] - The largest shareholder, Xiangdian Group Co., Ltd., holds 34.01% of shares, with 40 million shares pledged[12] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 1.04 million, primarily from government subsidies and asset disposals[10] - The company raised RMB 1,699,999,988.40 through a non-public issuance of 134,920,634 shares, approved by the China Securities Regulatory Commission[20] - The company reported a significant decrease in income tax expenses by 75.31% to RMB 1,206,365.81, due to a reduction in profit compared to the previous year[18] - The company's capital reserve increased to ¥2,756,881,114.21 from ¥1,215,253,118.38, reflecting a growth of 126.5%[30] - The company's sales expenses for Q1 2015 were CNY 21,957,269.15, compared to CNY 21,230,389.89 in the previous year, indicating a slight increase[34] - The asset impairment loss for Q1 2015 was CNY 4,628,802.19, compared to a gain of CNY 196,047.08 in Q1 2014[34]