华鲁恒升(600426) - 2016 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 14.17% to CNY 1.87 billion compared to the same period last year[6] - Net profit attributable to shareholders declined by 9.68% to CNY 221.61 million year-on-year[6] - Basic earnings per share decreased by 10.12% to CNY 0.231[6] - Operating revenue for Q1 2016 was CNY 1,873,516,811.75, a decrease of 14.14% compared to CNY 2,182,701,350.74 in the same period last year[19] - Net profit for Q1 2016 was CNY 221,608,181.33, down 9.66% from CNY 245,363,714.15 in Q1 2015[19] - Operating profit for Q1 2016 was CNY 261,153,922.04, a decline of 9.06% from CNY 287,200,093.31 in the previous year[19] Cash Flow and Assets - Cash flow from operating activities dropped by 38.23% to CNY 474.45 million compared to the previous year[6] - Net cash flow from operating activities decreased by 38.23% to ¥474,452,628.44 from ¥768,039,612.01, mainly due to a decrease in bank acceptance bill collections[9] - Cash and cash equivalents increased by 83.92% to ¥779,913,722.70 from ¥424,039,453.75, primarily due to accumulated operating activities[9] - The company reported a net increase in cash and cash equivalents of ¥355,874,268.95, a 76.52% increase compared to the previous period[9] - Cash and cash equivalents at the end of Q1 2016 were CNY 779,913,722.70, down from CNY 1,150,129,293.21 at the end of Q1 2015[22] Assets and Liabilities - Total assets increased by 1.87% to CNY 11.83 billion compared to the end of the previous year[6] - The company’s total assets increased to ¥11,826,237,489.93 from ¥11,608,596,806.16, reflecting a growth in overall asset base[16] - Total liabilities as of Q1 2016 amounted to CNY 4,226,672,843.30, slightly down from CNY 4,234,068,651.49 in the previous year[17] - Total equity increased to CNY 7,599,564,646.63 in Q1 2016 from CNY 7,374,528,154.67 in the same period last year, reflecting a growth of 3.05%[17] Shareholder Information - The total number of shareholders reached 54,189 at the end of the reporting period[6] - The largest shareholder, Shandong Hualu Hengsheng Group Co., Ltd., holds 32.22% of the shares[6] Other Financial Metrics - The weighted average return on net assets fell by 0.68 percentage points to 2.96%[6] - Non-recurring gains and losses amounted to CNY 6,172.88[6] - Accounts receivable decreased by 37.85% to ¥18,471,537.74 from ¥29,720,426.26, mainly due to a reduction in letter of credit settlements[9] - Other current assets decreased by 79.99% to ¥23,818,356.00 from ¥119,024,973.30, primarily due to a decrease in estimated input tax[9] - Financial expenses decreased by 42.50% to ¥42,088,393.20 from ¥73,200,792.08, primarily due to the repayment of bank loans[9] - The company’s long-term investments in fixed assets increased, with construction in progress rising to ¥438,415,897.16 from ¥341,827,139.37[16] - The company’s interest payable increased by 210.47% to ¥13,010,726.27 from ¥4,190,674.07, mainly due to accrued interest on medium-term notes[9] - The company’s operating tax and additional expenses decreased by 30.62% to ¥3,904,804.11 from ¥5,628,118.72, primarily due to reduced export tax refunds[9] - The company raised CNY 120,000,000.00 through borrowings in Q1 2016, compared to CNY 77,000,000.00 in the same period last year, marking a 55.84% increase[22]