SHANGHAI ENERGY(SH:600508)2015-04-24 16:00Financial Performance - Operating revenue for the first quarter was CNY 1.21 billion, a decrease of 24.19% year-on-year[8]. - Net profit attributable to shareholders was CNY 11.87 million, down 63.72% from the same period last year[8]. - Total profit for the period was CNY 15.11 million, a decrease of 70.11% year-on-year[15]. - The company reported a basic earnings per share of CNY 0.02, down 50% from the previous year[8]. - Net profit for Q1 2015 was ¥7,205,173.01, a decline of 72.7% from ¥26,350,695.88 in Q1 2014[28]. - The net profit attributable to the parent company was ¥12,007,127.31, down 62.9% from ¥32,288,237.56 in the previous year[28]. - Basic and diluted earnings per share for Q1 2015 were both ¥0.02, compared to ¥0.04 in Q1 2014[29]. Cash Flow - Cash flow from operating activities was CNY 42.49 million, a significant decline of 80.58% compared to the previous year[8]. - The net cash flow from operating activities decreased by 80.58%, from ¥218,746,627.96 to ¥42,485,717.03, primarily due to a significant decline in coal sales revenue caused by market downturns[16]. - The company reported a total cash flow from operating activities of ¥54,306,440.86 for Q1 2015, compared to ¥51,341,624.28 in Q1 2014[32]. - Operating cash inflow for the current period is CNY 1,442,720,202.98, a decrease of 27.0% from CNY 1,978,553,425.60 in the previous period[34]. - Net cash flow from operating activities is CNY 42,485,717.03, down 80.6% from CNY 218,746,627.96 in the previous period[34]. - Cash outflow from investment activities totals CNY 268,404,333.57, compared to CNY 296,827,608.70 in the previous period[36]. - Net cash flow from financing activities increased by 336.84%, from ¥74,655,486.61 to ¥326,123,536.11, mainly due to reduced bank loan repayments compared to the same period last year[16]. - Cash flow from financing activities includes CNY 337,700,000.00 from borrowings, down from CNY 550,800,000.00 in the previous period[36]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 14.32 billion, an increase of 1.99% compared to the end of the previous year[8]. - Total current assets increased from ¥2,215,540,011.82 at the beginning of the year to ¥2,445,774,954.22, reflecting a growth of approximately 10.38%[20]. - Total liabilities increased from ¥5,498,419,099.35 to ¥5,748,009,309.44, reflecting a rise of about 4.54%[22]. - Total liabilities as of the end of Q1 2015 amounted to ¥4,668,978,236.55, an increase from ¥4,573,963,841.08 year-over-year[26]. - The company's total assets grew from ¥14,035,570,884.33 to ¥14,315,537,133.93, indicating an increase of approximately 1.99%[22]. - The company's cash and cash equivalents increased from ¥170,624,003.80 to ¥343,523,256.94, showing a growth of about 101.36%[20]. - The company reported a total equity of ¥8,567,527,824.49, up from ¥8,537,151,784.98, reflecting a slight increase of approximately 0.35%[22]. - Total equity reached ¥7,941,035,427.86, up from ¥7,876,855,141.13 in the same period last year[26]. Production and Sales - The company produced 2.18 million tons of self-produced raw coal and sold 1.54 million tons of coal during the first quarter[12]. - Total operating revenue for Q1 2015 was ¥1,208,558,491.52, a decrease of 24.2% compared to ¥1,594,089,737.45 in the same period last year[28]. - Total operating costs for Q1 2015 were ¥1,193,647,666.95, down 22.6% from ¥1,542,887,960.76 year-over-year[28]. - Cash inflow from sales of goods and services is CNY 1,439,255,287.56, down 27.2% from CNY 1,977,139,570.68 in the previous period[34]. - Total cash outflow for operating activities is CNY 1,400,234,485.95, a decrease of 20.4% from CNY 1,759,806,797.64 in the previous period[34]. - Cash paid for purchasing goods and services is CNY 583,565,431.18, down 23.3% from CNY 760,165,585.57 in the previous period[34]. Shareholder Information - The number of shareholders at the end of the reporting period was 63,372[11]. - The weighted average return on net assets decreased by 0.25 percentage points to 0.15%[8].