XCEP(SH:600505)2015-04-29 16:00Financial Performance - Operating revenue for the period was ¥184,652,830.71, representing a growth of 16.97% year-on-year[7] - Net profit attributable to shareholders was a loss of ¥6,774,319.88, a decline of 186.15% compared to the previous year[7] - Basic and diluted earnings per share were both -¥0.0181, a decrease of 189.16% from the previous year[7] - The weighted average return on equity dropped to -0.71%, down 1.55 percentage points from the previous year[7] - The company reported a net profit margin improvement, although specific figures were not disclosed in the provided content[31] - Net profit for Q1 2015 was a loss of ¥6,738,386.60, compared to a profit of ¥8,524,836.81 in Q1 2014, representing a significant decline[35] - Total comprehensive income for Q1 2015 was a loss of ¥6,738,386.60, compared to a gain of ¥8,524,836.81 in the same period last year[35] Cash Flow - Cash flow from operating activities decreased by 34.69% to ¥36,109,151.94 compared to the same period last year[7] - Cash flow from financing activities decreased significantly by 118.91%, amounting to -30,344,975.50 RMB, primarily due to increased repayments of long-term loans[19] - The company reported a net cash flow from operating activities of ¥36,109,151.94, down 34.73% from ¥55,287,351.18 in the previous year[38] - Total cash and cash equivalents at the end of Q1 2015 were CNY 84,755,219.27, down from CNY 175,252,568.58 in the previous year, representing a decline of 51%[41] - Cash outflow from financing activities totaled CNY 20,133,847.93, significantly higher than CNY 3,397,414.60 in the prior year, indicating increased financial obligations[41] - The company experienced a net decrease in cash and cash equivalents of CNY 2,495,560.87 for the quarter, contrasting with an increase of CNY 34,001,603.39 in the same period last year[41] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,822,251,503.68, a slight increase of 0.20% compared to the previous year[7] - The total current assets at the end of the reporting period were 207,638,281.09 RMB, slightly up from 204,323,851.65 RMB at the beginning of the year[23] - The company’s total liabilities increased, with current liabilities showing significant changes in various components, reflecting operational adjustments[15] - Total liabilities increased to CNY 552,807,869.87 from CNY 537,476,008.92, representing a rise of 2.5%[29] - Current liabilities totaled CNY 417,871,637.79, compared to CNY 387,506,857.24 at the start of the year, indicating an increase of 7.5%[29] - Non-current liabilities decreased to CNY 134,936,232.08 from CNY 149,969,151.68, a decline of 10.0%[29] Operational Costs - Operating costs increased by 40.74% year-on-year, reaching 173,606,554.31 RMB, primarily due to higher electricity purchase costs[18] - Operating costs for Q1 2015 were ¥175,617,920.48, up 38.54% from ¥126,856,450.90 in Q1 2014[34] - Sales expenses for Q1 2015 were ¥4,220,814.72, slightly down from ¥4,304,209.05 in Q1 2014[34] - Management expenses decreased to ¥5,805,423.97 in Q1 2015 from ¥13,147,038.49 in Q1 2014, a reduction of 55.8%[34] - Financial expenses for Q1 2015 were significantly reduced to ¥31,515.79 from ¥1,961,113.60 in the previous year[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 27,387[11] - The largest shareholder, State Grid Sichuan Electric Power Company, held 15.16% of shares[11] Other Financial Indicators - The company reported non-recurring gains and losses totaling ¥181,750.32 for the period[11] - Other receivables rose by 218.8%, totaling 2,441,062.22 RMB, mainly due to new outstanding debts[16] - Inventory increased by 134.88%, amounting to 13,442,716.10 RMB, attributed to the establishment of a wholly-owned subsidiary[16] - Accounts payable increased by 49.85%, reaching 89,486,606.75 RMB, due to new electricity and material payment obligations[16] - The company reported a decrease in employee compensation payable by 46.76%, totaling 10,156,603.53 RMB, due to reduced salaries and bonuses[16]