Hunan (SH:600476)2016-04-25 16:00Financial Performance - Operating revenue for the period was CNY 38,447,127.46, a decrease of 3.03% year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 5,253,455.73, compared to a loss of CNY 4,334,583.70 in the same period last year[6] - Basic and diluted earnings per share were both -CNY 0.033, compared to -CNY 0.027 in the same period last year[6] - Net loss for Q1 2016 was CNY -5,253,654.93, compared to a net loss of CNY -4,334,800.31 in the same period last year, indicating a worsening financial performance[24] - Operating profit shows a loss of ¥5,821,943.89, worsening from a loss of ¥3,976,688.87 in the previous period[28] - Net profit for the current period is a loss of ¥5,229,654.93, compared to a loss of ¥3,308,588.87 in the previous period, indicating a decline of 58.06%[28] Assets and Liabilities - Total assets decreased by 5.33% to CNY 320,390,972.68 compared to the end of the previous year[6] - Total assets decreased from CNY 338,440,185.95 to CNY 320,390,972.68, indicating a reduction in overall asset value[17] - Current assets totaled CNY 242,007,891.51, down from CNY 259,850,467.86, a decrease of about 6.9%[21] - Total liabilities decreased from CNY 147,134,043.30 to CNY 134,338,484.96, showing a decline in the company's obligations[18] - The company's total liabilities decreased to CNY 140,564,399.60 from CNY 153,359,957.94, a reduction of approximately 8.3%[22] Cash Flow - Net cash flow from operating activities was a negative CNY 25,583,333.75, improving from a negative CNY 44,473,044.39 in the previous year[6] - Operating cash flow decreased by 31.88% from CNY 81,472,930.44 to CNY 55,502,218.16, attributed to reduced payments for goods[12] - Cash and cash equivalents decreased by 52.52% from CNY 50,620,813.29 to CNY 24,033,785.76 due to increased payments for employee wages, taxes, and goods[12] - Cash received from borrowings increased by 38.94% from CNY 28,790,090.36 to CNY 40,000,000.00 due to increased borrowings during the reporting period[12] - Cash paid for debt repayment increased by 66.54% from CNY 24,018,235.00 to CNY 40,000,000.00, reflecting an increase in due borrowings[12] Shareholder Information - The total number of shareholders at the end of the reporting period was 12,942[10] - The largest shareholder, Beijing Zhongyou Asset Management Co., Ltd., held 53,128,388 shares, accounting for 32.98% of total shares[11] Government Support - The company received government subsidies amounting to CNY 576,139.00 during the reporting period[6] Other Financial Metrics - The weighted average return on equity decreased by 0.90 percentage points to -2.79%[6] - The company reported a significant increase of 129.93% in business tax and additional charges from CNY 106,350.68 to CNY 244,535.95 due to increased operating revenue[12] - Total operating costs for Q1 2016 were CNY 44,293,071.35, slightly down from CNY 44,652,795.17 year-over-year[24] - Accounts receivable increased to CNY 78,509,998.28 from CNY 63,048,898.56, reflecting a growth of about 24.5%[21]