BRIGHT DAIRY(SH:600597)2015-04-29 16:00Financial Performance - Operating revenue rose by 8.07% to CNY 4,991,109,562 year-on-year[7] - Net profit attributable to shareholders increased by 39.25% to CNY 97,868,111 compared to the same period last year[7] - Basic earnings per share rose by 40.35% to CNY 0.080 per share[7] - Net profit for Q1 2015 was ¥122,138,493, representing a 22.00% increase from ¥100,133,666 in the previous year[29] - The company's earnings per share (EPS) for Q1 2015 was ¥0.080, compared to ¥0.057 in the same period last year, an increase of 40.35%[30] - Total comprehensive income for the first quarter of 2015 was CNY 87,790,906, compared to CNY 3,533,428 in the same period last year[32] Cash Flow - Cash flow from operating activities turned positive with a net amount of CNY 91,677,711, a significant improvement from a negative cash flow of CNY -769,218,315 in the previous year[7] - Net cash flow from operating activities was CNY 91,677,711, a significant improvement from a negative CNY 769,218,315 in the previous year[33] - Cash received from sales of goods and services increased to CNY 5,396,598,321, up from CNY 4,817,170,495, representing a growth of approximately 12%[33] - Cash outflow for purchasing goods and services decreased to CNY 3,584,382,349 from CNY 4,217,177,490, indicating a reduction of about 15%[33] - Cash flow from financing activities showed a net increase of CNY 1,875,575,742, compared to a negative CNY 58,365,216 in the previous year[33] - The ending balance of cash and cash equivalents was CNY 3,618,262,276, up from CNY 1,497,509,048 at the end of the previous year[33] - Cash inflow from investment activities was CNY 3,109,918, while cash outflow was CNY 353,206,282, resulting in a net cash flow of negative CNY 350,096,364[33] - The company experienced a foreign exchange impact of negative CNY 579,192 on cash and cash equivalents[33] Assets and Liabilities - Total assets increased by 17.14% to CNY 15,091,047,243 compared to the end of the previous year[7] - Total current assets reached ¥8,470,842,032, up from ¥6,418,526,910 at the beginning of the year[22] - Total liabilities increased to ¥9,839,067,513 from ¥7,683,569,260 at the beginning of the year[23] - The company's equity attributable to shareholders increased to ¥4,580,217,770 from ¥4,511,645,987 at the beginning of the year[23] - The company's total assets increased to ¥9,902,970,057 from ¥9,400,513,736, marking a growth of 5.34%[27] - Total liabilities rose to ¥5,666,495,688, up from ¥5,253,285,642, indicating an increase of 7.85%[27] Investments and Expenses - Long-term equity investments increased by 64.85% to CNY 27,032,674 due to investments in New Zealand's Newlight Dairy[15] - Financial expenses surged by 736.85% to CNY 29,346,895, primarily due to interest on bonds[15] - Operating tax and additional charges increased by 49.44% to CNY 21,257,302, reflecting higher tax obligations[15] - The company reported an investment income of ¥272,440 for Q1 2015, compared to ¥115,127 in the previous year, showing a significant increase[29] Shareholder Information - The total number of shareholders reached 43,865, with the largest shareholder holding 54.35% of the shares[10] Inventory and Accounts Receivable - The company reported a significant increase in inventory, reaching ¥2,135,970,837 compared to ¥2,030,733,693 at the beginning of the year[22] - Accounts receivable rose to ¥2,056,620,628 from ¥1,695,027,448 at the beginning of the year[22] - Accounts receivable increased to ¥3,085,060,404 from ¥2,623,960,041, reflecting a growth of 17.55%[26]