SUNYARD(SH:600571)2015-04-29 16:00Financial Performance - Operating revenue increased by 10.82% to CNY 175,972,142.42 year-on-year[7] - Net profit attributable to shareholders increased by 40.52% to CNY 2,632,663.24 compared to the same period last year[7] - Basic and diluted earnings per share rose by 21.43% to CNY 0.068[7] - Total operating revenue for Q1 2015 was CNY 175,972,142.42, an increase of 10.4% compared to CNY 158,793,088.83 in the same period last year[33] - Net profit for Q1 2015 reached CNY 12,122,310.98, compared to CNY 8,202,490.91 in Q1 2014, representing a growth of 47.5%[34] - The company reported an operating profit of CNY 5,756,753.41, a significant recovery from an operating loss of CNY 8,005,103.27 in the previous year[34] - Total comprehensive income for Q1 2015 was CNY 12,122,310.98, compared to CNY 8,202,490.91 in the previous year[38] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 145,820,596.99, a decrease of 7.91% compared to the previous year[7] - Cash flow from operating activities for Q1 2015 was negative CNY 145,820,596.99, compared to negative CNY 135,126,946.67 in Q1 2014[39] - Cash flow from investing activities for Q1 2015 was positive CNY 165,161,489.16, significantly up from CNY 59,643,652.28 in the same period last year[39] - Cash flow from financing activities for Q1 2015 was negative CNY 10,791,730.61, compared to positive CNY 50,308,505.57 in Q1 2014[39] - The net cash flow from operating activities for Q1 2015 was -80,581,422.67 RMB, compared to -66,736,705.61 RMB in the same period last year, indicating a decline in operational performance[40] - The total cash and cash equivalents at the end of Q1 2015 reached 181,386,159.08 RMB, compared to 62,868,161.43 RMB at the end of Q1 2014, indicating a strong liquidity position[41] Assets and Liabilities - Total assets decreased by 2.86% to CNY 1,190,839,185.36 compared to the end of the previous year[7] - The company's current assets totaled CNY 899,692,580.12, down from CNY 935,424,307.45 at the beginning of the year, indicating a decline of approximately 3.5%[25] - Accounts receivable increased by 39.54% to RMB 238,918,944.89 compared to the previous year[15] - Inventory increased to CNY 242,165,229.31 from CNY 221,927,515.71, showing a growth of about 9.1%[25] - Total liabilities decreased to CNY 216,561,435.41 from CNY 255,761,014.38, a reduction of 15.3%[31] - Current liabilities decreased to CNY 458,447,053.63 from CNY 505,619,967.71, a reduction of approximately 9.3%[26] Shareholder Information - The total number of shareholders reached 17,435 at the end of the reporting period[12] - The largest shareholder, Hangzhou Xinyada Electronics Co., Ltd., holds 21.27% of the shares[12] Investment and Financing Activities - The company plans to issue shares and pay cash for asset acquisitions, with approval from the shareholders' meeting and submission to the China Securities Regulatory Commission[18] - The company reported a 155.16% increase in cash used for debt repayment, totaling RMB 81,650,000.00, due to increased bank loan repayments[18] - Financial expenses decreased by 39.18% to RMB 1,192,578.05, attributed to reduced loan interest payments[17] Other Financial Metrics - The weighted average return on equity increased by 0.12 percentage points to 1.96%[7] - The company reported non-operating income of CNY 11,144,881.64, primarily from government subsidies and other non-recurring gains[9] - The company experienced a 50.65% decline in non-operating income, totaling RMB 9,913,668.66, due to reduced tax refunds and government subsidies[16] - The company reported an increase in asset impairment losses to CNY 6,302,292.80 from a recovery of CNY 1,625,802.83 in Q1 2014[36]