SWEC(SH:600641)2015-04-29 16:00Financial Performance - Operating revenue increased by 95.15% to CNY 468,237,782.84 compared to the same period last year [17]. - Net profit attributable to shareholders decreased by 27.01% to CNY 74,170,755.47 compared to the same period last year [8]. - The company's net profit excluding non-recurring gains and losses increased by 360.04% to CNY 68,688,587.80 compared to the same period last year [8]. - Basic earnings per share decreased by 26.98% to CNY 0.0920 compared to the same period last year [8]. - Operating profit for Q1 2015 was CNY 108,503,352.03, down 27.5% from CNY 149,750,502.56 in Q1 2014 [35]. - Net profit for Q1 2015 was CNY 86,896,102.60, a decrease of 36.7% compared to CNY 137,501,223.78 in Q1 2014 [35]. - The company reported a total comprehensive income of CNY 84,360,696.33 for Q1 2015, down from CNY 149,212,346.31 in the same period last year [36]. - The total profit (loss) for Q1 2015 was -2,190,909.20 RMB, compared to -12,840,263.73 RMB in the same period last year, indicating an improvement [39]. - The net profit (loss) for Q1 2015 was -1,699,144.19 RMB, compared to -9,698,150.29 RMB in Q1 2014, showing a significant reduction in losses [39]. - The total comprehensive income for Q1 2015 was -4,205,858.70 RMB, compared to -12,327,742.97 RMB in the previous year, reflecting a positive trend [39]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 193,705,546.45, compared to a net inflow of CNY 79,294,037.76 in the same period last year [8]. - Net cash flow from operating activities was negative at -¥193,705,546.45, a significant decline from ¥79,294,037.76 in the same period last year [20]. - Cash inflow from operating activities was 413,866,817.93 RMB, down 45.5% from 760,611,855.60 RMB in Q1 2014 [41]. - Cash outflow from operating activities totaled 607,572,364.38 RMB, compared to 681,317,817.84 RMB in the same period last year, indicating a decrease in cash outflow [41]. - The ending cash and cash equivalents balance was 411,335,446.59 RMB, down from 1,088,059,838.24 RMB in the previous year, reflecting a significant decrease in liquidity [42]. Assets and Liabilities - Total assets decreased by 3.90% to CNY 6,920,212,277.11 compared to the end of the previous year [8]. - The company reported a significant increase in accounts receivable by 239.94% to CNY 3,484,308.62 due to increased property management fees [15]. - The company’s prepayments increased by 445.49% to CNY 11,812,644.49, mainly due to project engineering payments [15]. - Total assets as of the end of Q1 2015 amounted to CNY 3,752,917,277.57, down from CNY 3,886,043,530.88 at the end of the previous period [32]. - Total liabilities decreased to CNY 951,142,342.38 from CNY 1,080,062,736.99 in the previous period, reflecting a reduction of 11.9% [32]. - Current liabilities decreased to CNY 2,232,261,641.15 from CNY 2,456,451,586.97 at the beginning of the year [28]. - The company's cash and cash equivalents dropped to ¥463,106,436.65 from ¥677,797,741.41 at the beginning of the year [26]. - The total equity attributable to shareholders increased to ¥3,687,048,171.41 from ¥3,615,412,822.21 at the beginning of the year [28]. Investment and Financing - Investment income decreased significantly to ¥57,827.09, down 99.96% compared to the previous year due to the transfer of subsidiary equity in the same period last year [18]. - The company plans to raise up to ¥1.5 billion through a non-public offering of up to 33.7 million shares to fund project developments in Shanghai [22]. - Net cash flow from investing activities decreased by 99.31% to ¥929,529.75, primarily due to last year's equity transfer proceeds [20]. - The net cash flow from investing activities was 929,529.75 RMB, down from 135,589,995.28 RMB in the previous year, indicating reduced investment activity [42]. - The net cash flow from financing activities was -4,205,207.31 RMB, compared to -6,256,988.49 RMB in Q1 2014, showing a slight improvement [42].