JNGX(SH:600527)2015-04-27 16:00Financial Performance - Operating revenue for the period was CNY 325,743,039.21, a decrease of 5.35% year-on-year[6] - Net profit attributable to shareholders was CNY 3,903,381.00, down 91.94% compared to the same period last year[6] - The weighted average return on net assets decreased by 2.36 percentage points to 0.22%[6] - Total operating revenue for the current period is ¥325,743,039.21, a decrease of 5.3% from ¥344,168,812.40 in the previous period[20] - Operating profit decreased significantly to ¥6,405,687.69, down 87.0% from ¥49,305,646.28 in the previous period[20] - Net profit for the current period is ¥3,949,687.12, a decline of 91.9% compared to ¥48,616,356.69 in the previous period[20] - Earnings per share (EPS) for the current period is ¥0.005, down from ¥0.06 in the previous period[21] Cash Flow - Cash flow from operating activities was a net outflow of CNY 3,540,059.80, an improvement from a net outflow of CNY 18,897,141.89 in the previous year[6] - Operating cash flow for Q1 2015 was negative at -5,518,495.35 RMB, an improvement from -17,210,166.68 RMB in the same period last year, indicating a 68.1% reduction in cash outflow[29] - Cash inflow from operating activities totaled 333,975,608.08 RMB, slightly up from 326,211,841.25 RMB year-over-year, marking a 2.7% increase[29] - Cash outflow for operating activities was 339,494,103.43 RMB, down from 343,422,007.93 RMB in the previous year, showing a decrease of 1.1%[29] - The company reported a cash increase of 1,984,058.95 RMB in the first quarter, contrasting with a decrease of -27,832,685.01 RMB in the previous year[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,862,203,114.88, an increase of 0.53% compared to the end of the previous year[6] - Current assets totaled CNY 945,822,521.45, slightly down from CNY 948,646,303.14 at the start of the year[13] - Total liabilities increased to CNY 70,893,087.52 from CNY 65,059,018.26, marking an increase of about 8.5%[14] - Owner's equity rose to CNY 1,791,310,027.36 from CNY 1,787,360,340.24, indicating a growth of approximately 0.2%[14] - The total liabilities to equity ratio stands at approximately 3.95%, indicating a relatively high leverage position[14] Inventory and Receivables - Accounts receivable decreased by 26.03% compared to the beginning of the period, primarily due to increased cash settlements[11] - Prepayments increased by 906.78% compared to the beginning of the period, mainly due to higher advance payments for raw materials[11] - Inventory decreased by 23.20% compared to the beginning of the period, attributed to increased product sales volume[11] - Accounts receivable increased slightly to CNY 26,777,425.19 from CNY 25,860,788.75, reflecting a growth of about 3.5%[13] Investment Income - The company reported a significant decrease in investment income, down 140.59% year-on-year, primarily due to losses from an associate company[11] - Investment income decreased to ¥7,200,000.00 from ¥20,700,000.00 in the previous period[26] - The company reported a significant decline in investment income from joint ventures, with a loss of ¥3,713,693.42 compared to a gain of ¥9,148,698.86 in the previous period[20] Management and Strategy - The company is focusing on improving operational efficiency and exploring new market opportunities to enhance future performance[20] - The company plans to invest in a technical transformation project for a production line, contributing to an increase in construction in progress by 20.51%[11]