六国化工(600470) - 2015 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 2.43% to CNY 1,199,670,887.04 compared to the same period last year[6] - Net profit attributable to shareholders of the listed company improved to a loss of CNY 14,243,253.92, compared to a loss of CNY 25,899,538.35 in the previous year[6] - Net profit for Q1 2015 was a loss of CNY 19,560,452.95, compared to a loss of CNY 38,052,257.56 in the same period last year, indicating an improvement[27] - Total revenue for Q1 2015 was CNY 1,199,670,887.04, a decrease of 2.8% compared to CNY 1,229,520,076.43 in the previous period[26] - Total operating revenue for Q1 2015 was CNY 596,077,966.77, a decrease of 11.89% compared to CNY 676,571,539.92 in the same period last year[28] - Net profit for Q1 2015 was CNY 16,509,606.70, compared to a net profit of CNY 2,795,908.81 in Q1 2014, representing a significant increase[28] - Total comprehensive income for Q1 2015 was CNY 16,509,606.70, compared to CNY 2,795,908.81 in the same period last year[29] Cash Flow - Net cash flow from operating activities improved significantly, with a loss of CNY 12,136,279.84 compared to a loss of CNY 40,222,049.79 in the same period last year[6] - Cash flow from operating activities improved, with a net cash flow of -CNY 12,136,279.84 compared to -CNY 40,222,049.79 in the same period last year[14] - Cash inflow from operating activities totaled CNY 1,045,089,372.01, up from CNY 795,062,982.42 in the same period last year[30] - Cash outflow from operating activities was CNY 1,057,225,651.85, compared to CNY 835,285,032.21 in Q1 2014[31] - Cash flow from financing activities generated a net inflow of CNY 114,081,806.43, compared to a net outflow of CNY -79,413,805.71 in the previous year[32] - The ending cash and cash equivalents balance for Q1 2015 was CNY 482,808,504.77, an increase from CNY 305,710,401.96 at the end of Q1 2014[32] - The net cash flow from operating activities was -$97.41 million, compared to a positive $25.81 million in the previous year[35] - The net cash flow from financing activities was $98.52 million, a turnaround from a negative $98.31 million in the previous year[36] - The net cash increase for the period was -$19.06 million, compared to -$76.74 million in the previous year[36] Assets and Liabilities - Total assets increased by 5.88% to CNY 6,808,832,698.58 compared to the end of the previous year[6] - Current liabilities increased to CNY 3,805,389,358.37, compared to CNY 3,403,629,567.68 at the start of the year[19] - The company's total liabilities increased to CNY 2,123,357,305.28 from CNY 1,905,631,878.53, reflecting an increase of 11.4%[23] - Non-current assets totaled CNY 4,378,358,195.99, slightly down from CNY 4,433,368,615.21 at the beginning of the year[18] - The total equity of the company decreased to CNY 2,098,617,079.55 from CNY 2,116,454,555.21 at the beginning of the year[19] - The total equity of the company rose to CNY 2,142,328,159.29 from CNY 2,124,826,869.70, showing a slight increase of 0.8%[23] Shareholder Information - The number of shareholders reached 46,557 at the end of the reporting period[11] - The largest shareholder, Tongling Chemical Industry Group Co., Ltd., holds 25.49% of the shares[11] Government Subsidies - The company received government subsidies amounting to CNY 8,773,589.86 related to its normal business operations[8] - The company reported a significant increase in government subsidies, with operating income from other sources rising by 62.13% to CNY 12,124,360.02[15] Expenses - Sales expenses increased by 49.11% to CNY 46,752,991.71, primarily due to higher transportation and handling costs[15] - The company reported a significant increase in sales expenses to CNY 46,752,991.71 from CNY 31,355,162.30, an increase of 49.0%[27] - The company reported a decrease in sales expenses to CNY 22,004,562.70 from CNY 16,897,393.35 in the previous year, indicating a focus on cost management[28] Accounts Receivable and Inventory - Accounts receivable increased by 53.75% to CNY 127,988,706.87, primarily due to an increase in receivables from Jiangxi Liuguo[13] - Prepayments rose by 117.21% to CNY 300,768,933.20, mainly due to increased advance payments for raw materials from Hubei Liuguo[13] - Inventory levels rose significantly to CNY 959,681,667.39 from CNY 727,622,988.60, marking a 31.7% increase[21]