FULING POWER(SH:600452)2016-04-20 16:00Financial Performance - Net profit attributable to shareholders decreased by 82.27% to CNY 23,991,002.48 year-on-year[6] - Operating revenue increased by 5.81% to CNY 298,267,927.39 compared to the same period last year[6] - Basic and diluted earnings per share both decreased by 82.35% to CNY 0.15[6] - Operating profit decreased to ¥28,376,471.51, down 80.6% from ¥144,873,610.52 in the previous period[28] - Net profit for the current period is ¥23,991,002.48, a decline of 82.3% compared to ¥135,305,896.73 in the previous period[28] - The total comprehensive income for the current period is ¥23,991,002.48, significantly lower than ¥135,305,896.73 in the previous period[29] - The company’s total profit for the current period is ¥28,384,268.11, down 80.4% from ¥145,012,496.06 in the previous period[28] Cash Flow - Net cash flow from operating activities decreased by 67.59% to CNY 18,407,732.47 compared to the previous year[6] - The company reported a 36.40% increase in cash received from operating activities, totaling ¥39,747,039.45 compared to ¥29,139,883.49 in the same period last year[16] - Cash flow from operating activities generated a net cash flow of ¥18,407,732.47, a decrease of 67.6% from ¥56,802,575.00 in the previous period[31] - Cash flow from investing activities resulted in a net outflow of ¥18,290,666.45, compared to a net inflow of ¥149,951,379.82 in the previous period[31] Assets and Liabilities - Total assets increased by 1.99% to CNY 1,254,550,434.31 compared to the end of the previous year[6] - As of March 31, 2016, total assets amounted to ¥1,254,550,434.31, an increase from ¥1,230,032,891.08 at the beginning of the year[25] - Total liabilities were reported at ¥536,269,762.79, slightly up from ¥535,743,222.04 at the start of the year[25] - The company's total equity increased to ¥718,280,671.52 from ¥694,289,669.04 at the beginning of the year[26] - The company's cash and cash equivalents at the end of the period were ¥516,668,019.31, a slight increase from ¥516,550,953.29 at the beginning of the year[24] - The cash and cash equivalents at the end of the period amount to ¥516,668,019.31, an increase from ¥369,560,433.58 at the end of the previous period[32] Investment and Expenses - Financial expenses increased significantly due to a substantial rise in average daily deposit balances[14] - Investment income decreased by 99.32% to CNY 821,837.43 as there were no similar transactions compared to the previous year[14] - The company’s net profit significantly decreased due to the absence of investment income from the disposal of a 1.44% stake in Donghai Securities, which occurred in the previous year[16] - The company reported a decrease in investment income to ¥821,837.43 from ¥120,207,489.05 in the previous period[28] Inventory and Receivables - Accounts receivable decreased by 60.49% to CNY 393,617.00 due to the recovery of project payments[13] - Inventory increased by 93.86% to CNY 1,931,353.15 due to the implementation of maintenance projects[13] Capital Expenditures - Cash payments for acquiring fixed assets increased significantly by 182.57%, reaching ¥46,163,411.89 compared to ¥16,336,735.43 last year[16] - Cash paid for purchasing goods and services rose by 61.43%, amounting to ¥283,867,262.35, up from ¥175,840,621.70 in the previous year[16] - The net cash received from the disposal of fixed assets and other long-term assets was -¥71,993.00, an improvement from -¥539,467.00 in the previous year[16] - The company plans to acquire the energy-saving business of State Grid Energy Service Co., Ltd. for a transaction price of ¥373,514,600.00[17]