方大炭素(600516) - 2015 Q1 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 633,957,874.45, down 29.89% year-on-year[7] - Net profit attributable to shareholders was CNY -11,896,100.98, representing a decrease of 109.20% compared to the same period last year[7] - Basic and diluted earnings per share were both CNY -0.0069, a decline of 109.18% year-on-year[7] - The total profit for the period was a loss of ¥8.88 million, significantly down from a profit of ¥171.85 million in the same period last year[14] - The company's operating revenue for Q1 2015 was ¥441,076,939.77, a decrease of 12.06% compared to ¥501,704,554.85 in the same period last year[36] - The net profit for Q1 2015 was -¥13,940,635.55, compared to a net profit of ¥127,583,411.49 in Q1 2014, indicating a significant decline[34] - The total comprehensive income for Q1 2015 was -¥14,726,820.89, down from ¥127,598,456.77 in the previous year[34] - The company's operating profit for Q1 2015 was ¥64,598,388.57, a decrease from ¥154,208,310.91 in the same quarter last year[33] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,344,201,421.15, a decrease of 2.50% compared to the end of the previous year[7] - The company's total assets as of March 31, 2015, amounted to CNY 9,344,201,421.15, compared to CNY 9,583,485,016.41 at the beginning of the year, reflecting a decrease of 2.5%[26] - Total liabilities decreased to CNY 3,340,213,847.74 from CNY 3,565,135,816.79, representing a reduction of 6.3%[26] - Current liabilities totaled CNY 1,776,057,641.37, down 11.5% from CNY 2,006,477,078.40 at the start of the year[26] - Non-current assets totaled CNY 2,578,471,332.36, a slight decrease from CNY 2,590,006,757.94 at the beginning of the year[29] Cash Flow - The company's cash flow from operating activities was CNY -118,238,493.11, an improvement compared to CNY -252,538,392.41 in the previous year[7] - The net cash outflow from operating activities was ¥118.24 million, an improvement from a net outflow of ¥252.54 million in Q1 2014[14] - Cash inflow from operating activities was ¥541,440,595.35, down from ¥716,682,016.30 in the previous year[38] - The net cash flow from operating activities for Q1 2015 was -112,663,626.23 RMB, compared to a positive 56,790,743.56 RMB in the same period last year[41] - Total cash inflow from investment activities was 309,498,747.59 RMB, significantly up from 100,000,000.00 RMB in the previous year[41] - Cash outflow from investment activities totaled 715,107,350.63 RMB, leading to a net cash flow from investment activities of -405,608,603.04 RMB, compared to a positive 100,000,000.00 RMB last year[41] - The ending cash and cash equivalents balance decreased to 642,803,425.91 RMB from 1,339,914,270.90 RMB year-over-year[42] Shareholder Information - The total number of shareholders at the end of the reporting period was 133,805[10] - The largest shareholder, Liaoning Fangda Group Industrial Co., Ltd., held 41.35% of the shares, with 603,700,000 shares pledged[10] - The company’s major shareholder reduced its stake by 4.88%, selling a total of 48.8 million shares, but remains the controlling shareholder with 41.35% ownership[16] Strategic Developments - The company is in the due diligence phase for acquiring 100% equity of Jilin Carbon Company, with discussions ongoing with the selling shareholders[15] - A cooperation intention agreement was signed to develop graphite resources in Heilongjiang Province, indicating potential market expansion[15] - The company is planning a significant asset restructuring, leading to a temporary suspension of its stock trading since March 31, 2015[16] Other Financial Metrics - The weighted average return on equity decreased by 2.52 percentage points to -0.21%[7] - Financial expenses decreased by 84.39% to ¥3.00 million from ¥19.24 million year-over-year, primarily due to increased bank wealth management interest income[14] - The company reported a substantial increase in other income, which fell by 84.71% to ¥2.76 million from ¥18.04 million, primarily due to reduced tax refunds and government subsidies[14] - Other receivables increased by 55.56% to CNY 75,666,541.95 due to an increase in tax refund claims[13] - The inventory level was CNY 830,038,034.05, down 6.2% from CNY 885,461,899.07 at the beginning of the year[28]