CORUN(SH:600478)2015-04-24 16:00Financial Performance - Operating revenue decreased by 18.29% to CNY 170,669,795.32 from CNY 208,885,327.13 year-on-year[7] - Net profit attributable to shareholders of the listed company was a loss of CNY 23,022,439.11, a decrease of 1,265.67% compared to the previous year's profit of CNY 1,975,031.99[7] - Basic and diluted earnings per share were both CNY -0.0488, a decrease of 874.60% from CNY 0.0063 in the same period last year[7] - The company reported a net loss of CNY 29,938,230.13 after deducting non-recurring gains and losses[7] - The company reported a significant increase in financial expenses, rising to ¥8,814,349.71 from ¥4,012,087.83, an increase of 119.9%[27] - The company’s comprehensive income totalled a loss of ¥22,080,899.24, compared to a gain of ¥6,032,724.72 in the previous period[28] - Net profit for the current period is a loss of ¥21,885,771.35, compared to a profit of ¥1,770,113.35 in the previous period[27] - Operating profit shows a loss of ¥28,339,586.86, worsening from a loss of ¥6,141,177.23 in the previous period[27] Cash Flow - Cash flow from operating activities showed a loss of CNY 35,914,065.67, compared to a loss of CNY 15,842,596.21 in the previous year[7] - The company received cash from operating activities amounting to ¥245,359,766.92, a decrease from ¥285,846,763.52 in the previous period[34] - The net cash flow from operating activities was -26,374,769.43 RMB, an improvement from -38,958,072.98 RMB in the previous period, indicating a 32.9% reduction in cash outflow[37] - Cash inflow from operating activities was 183,083,577.81 RMB, up from 139,732,167.00 RMB, marking a 31.0% increase[37] - Cash outflow for operating activities was 209,458,347.24 RMB, compared to 178,690,239.98 RMB in the previous period, which is a 17.2% increase[37] - Cash inflow from financing activities totaled 247,353,605.16 RMB, compared to 89,221,512.05 RMB in the previous period, representing a 177.5% increase[38] - The net cash flow from financing activities was 50,551,985.72 RMB, down from 79,180,206.48 RMB in the previous period, reflecting a 36.2% decrease[38] - The cash flow from investment activities was -27,519,120.00 RMB, an improvement from -40,051,289.00 RMB in the previous period, indicating a 31.2% reduction in cash outflow[38] Assets and Liabilities - Total assets increased by 1.01% to CNY 2,617,001,677.02 compared to the end of the previous year[7] - Total current assets decreased to ¥879,830,944.06 from ¥929,496,451.67, while non-current assets remained relatively stable[19] - Current liabilities rose to ¥1,313,065,102.34, up from ¥1,258,815,161.10, indicating an increase of about 4.3%[20] - Total liabilities reached ¥1,473,268,225.52, compared to ¥1,425,085,472.15, marking a growth of around 3.4%[21] - Owner's equity decreased to ¥1,143,733,451.50 from ¥1,165,814,350.74, a decline of approximately 1.9%[21] - Total non-current assets amounted to ¥1,491,245,398.47, up from ¥1,481,813,336.90, indicating a slight increase of about 0.6%[24] Shareholder Information - The total number of shareholders was 22,275, with the largest shareholder holding 20.07% of the shares[11] - The largest shareholder, Hunan Keli Yuan High-tech Group Co., Ltd., pledged 57,500,000 shares[11] Capital and Financing Activities - The company plans to raise approximately ¥611.89 million through a non-public offering of 42,970,000 shares at a price of ¥14.24 per share, aimed at supplementing working capital[13] - A capital reserve conversion plan was proposed to increase the total share capital from 472,235,198 shares to 850,023,356 shares by issuing 377,788,158 new shares[14] - An employee stock ownership plan with a fundraising cap of ¥60 million was approved, involving up to 1,000 employees[15] - The company has received approval from the China Securities Regulatory Commission for the non-public offering, with plans to complete the issuance promptly[13] Receivables and Prepayments - Accounts receivable decreased by 30.24% to ¥14,021,797.95 from ¥20,100,922.39 due to a reduction in business settled by notes receivable[13] - Prepayments increased significantly by 137.00% to ¥17,018,190.15 from ¥7,180,601.95, primarily due to increased material prepayments by subsidiaries[13] Construction and Investment - Construction in progress rose by 56.03% to ¥201,908,098.76 from ¥129,402,489.11, attributed to investments in hybrid battery projects and new park construction[13]