qscc(SH:600425)2015-04-29 16:00Financial Performance - Operating revenue for the period was CNY 117.13 million, a decline of 37.44% compared to the same period last year[7]. - Net profit attributable to shareholders of the listed company was a loss of CNY 149.78 million, worsening by 14.76% year-on-year[7]. - Basic and diluted earnings per share were both CNY -0.109, a decrease of 14.74% from the previous year[7]. - Total operating revenue for Q1 2015 was ¥117,131,506.15, a decrease of 37.4% compared to ¥187,236,824.05 in the same period last year[22]. - Net loss for Q1 2015 was ¥194,234,266.04, compared to a net loss of ¥177,280,275.38 in Q1 2014, representing an increase in loss of 9.6%[23]. - The company's gross profit margin decreased significantly, with operating profit recorded at -¥191,536,559.55 for Q1 2015, compared to -¥177,275,609.71 in the previous year[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 11.81 billion, a decrease of 2.08% compared to the end of the previous year[7]. - The company's total assets decreased from ¥12,058,983,387.08 to ¥11,808,294,911.35, a reduction of about 2.07%[18]. - Total liabilities decreased from ¥6,187,857,117.82 to ¥6,130,950,794.82, a decline of approximately 0.92%[18]. - Total liabilities as of the end of Q1 2015 amounted to ¥4,738,401,320.44, slightly down from ¥4,750,752,908.25 at the end of the previous period[20]. - Total equity decreased to ¥4,889,906,740.78 from ¥4,948,831,000.95 year-over-year[20]. Cash Flow - The net cash flow from operating activities was a negative CNY 229.99 million, a decrease of 121.52% compared to the previous year[7]. - The net cash flow from operating activities for Q1 2015 was -229,989,847.71 RMB, a decline from -103,821,844.72 RMB in the same period last year, indicating a worsening cash flow situation[26]. - Total cash inflow from operating activities decreased to 189,321,683.88 RMB, down 60% from 472,490,744.35 RMB year-over-year[26]. - Cash outflow from operating activities was 419,311,531.59 RMB, a reduction of 27% compared to 576,312,589.07 RMB in Q1 2014[26]. - The ending cash and cash equivalents balance was 258,519,198.01 RMB, down from 409,980,359.05 RMB in the previous year[27]. Shareholder Information - The total number of shareholders at the end of the reporting period was 65,228[11]. - The top shareholder, Aral Tongzhong State-owned Assets Management Co., Ltd., held 361.37 million shares, accounting for 26.21% of the total shares[12]. Other Financial Metrics - The weighted average return on net assets was -2.86%, an increase of 0.41 percentage points compared to the previous year[7]. - The company reported a significant increase in financial expenses, totaling ¥62,418,064.52 in Q1 2015, compared to ¥67,576,936.10 in the same period last year[22]. - The company reported a decrease in retained earnings from ¥594,614,601.58 to ¥444,832,447.85, a decline of approximately 25.2%[18]. - The company reported a non-operating income of CNY 2.24 million from government subsidies related to normal business operations[9]. Inventory and Receivables - The company's cash and cash equivalents dropped significantly from ¥514,647,948.79 to ¥270,696,140.08, a decrease of about 47.5%[16]. - Accounts receivable decreased slightly from ¥532,544,197.93 to ¥500,231,577.65, a reduction of approximately 6.06%[16]. - Inventory increased from ¥1,376,678,524.15 to ¥1,441,074,656.95, reflecting a growth of about 4.69%[16].