AEOLUS(SH:600469)2016-04-28 16:00Financial Performance - Operating revenue for the period was CNY 1,276,145,510.47, representing an 18.52% decrease year-on-year [7]. - Net profit attributable to shareholders was CNY 63,842,744.17, an increase of 17.19% compared to the same period last year [7]. - Basic earnings per share increased by 13.33% to CNY 0.17 from CNY 0.15 in the previous year [7]. - The company's operating revenue for Q1 2016 was ¥1,276,145,510.47, a decrease of 18.5% compared to ¥1,566,282,359.00 in the same period last year [29]. - The net profit for Q1 2016 was ¥63,842,744.17, representing an increase of 17.5% from ¥54,478,045.72 in Q1 2015 [29]. - The company reported a decrease in sales expenses to ¥96,434,693.86 from ¥128,094,545.15, a reduction of 24.7% year-over-year [29]. - The financial expenses decreased significantly to ¥6,689,089.94 from ¥20,611,678.50, a drop of 67.6% compared to the previous year [29]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,841,138,714.12, a decrease of 0.42% compared to the end of the previous year [7]. - The total liabilities decreased to ¥3,813,128,215.33 from ¥3,900,999,311.18, a reduction of 2.24% compared to the previous year [28]. - The total current assets amounted to ¥3,251,375,827.19, slightly down from ¥3,259,452,111.14 at the beginning of the year [26]. - The company’s cash and cash equivalents decreased to ¥1,135,424,165.15 from ¥1,328,537,403.05, indicating a reduction in liquidity [26]. - The company's cash flow from operating activities showed a net outflow of ¥65,091,986.38, contrasting with a net inflow of ¥69,109,122.23 in the same quarter last year [32]. Shareholder Information - The total number of shareholders at the end of the reporting period was 28,399 [12]. - The largest shareholder, China National Chemical Corporation, held 42.58% of the shares [12]. Cash Flow and Investments - The net cash flow from operating activities was negative CNY 65,091,986.38, a decline of 194.19% compared to the previous year [7]. - The cash flow from operating activities showed a net outflow of ¥65,091,986.38, contrasting with a net inflow of ¥69,109,122.23 in the same quarter last year [32]. - The company experienced a cash outflow from investing activities of ¥18,161,518.00, compared to a cash inflow of ¥12,098,688.53 in Q1 2015 [33]. - Investment income dropped to zero, a 100% decrease compared to the previous year, due to the sale of stocks held by the company last year [17]. Tax and Other Financial Metrics - The company reported a significant increase of 238.44% in taxes payable, reaching ¥33,489,779.58, attributed to an increase in taxes payable at the end of the period [15]. - The company’s deferred income tax liabilities decreased by 32.56% to ¥1,793,045.45, reflecting a reduction in temporary differences in tax payable [15]. - Financial expenses decreased by 67.55% to ¥6,689,089.94, mainly due to reduced loan scale and exchange rate fluctuations [17]. Business Developments - The company reported a government subsidy of CNY 5,073,928.58 related to its normal business operations [9]. - The company has not disclosed any significant new product developments or market expansion strategies in this report [14]. - The company plans to submit a specific plan for injecting tire assets into Fengshen Co. by December 31, 2017, to resolve competition issues within the group [21]. Accounts Receivable and Other Current Assets - Accounts receivable increased by 43.31% to ¥1,023,800,074.38 compared to the previous quarter, primarily due to adjustments in sales structure and settlement methods [15]. - The company’s other current assets decreased by 40.91% to ¥19,185,590.38, mainly due to a reduction in prepaid taxes at the end of the period [15].