NJXB(SH:600682)2015-04-29 16:00Financial Performance - Operating revenue increased by 263.03% to CNY 3.27 billion year-on-year[6] - Net profit attributable to shareholders decreased by 355.69% to a loss of CNY 154.15 million[6] - Basic and diluted earnings per share dropped by 352.94% to a loss of CNY 0.43[6] - The weighted average return on equity decreased by 13.36 percentage points to -9.12%[6] - The company reported a significant loss due to the inclusion of Highland Group Holdings Limited, which has been in a net loss state[6] - The net profit for Q1 2015 was a loss of ¥178,836,282.02, contrasting with a profit of ¥61,070,574.30 in Q1 2014, marking a decline of over 393%[29] - The company reported a basic and diluted earnings per share of -¥0.43 for Q1 2015, down from ¥0.17 in Q1 2014[30] - The company recorded a total comprehensive loss of ¥214,118,990.22 for Q1 2015, compared to a comprehensive income of ¥61,505,632.50 in the same quarter last year[30] Cash Flow - Net cash flow from operating activities showed a significant decline of 3611.52%, resulting in a loss of CNY 896.42 million[6] - The company reported a net cash outflow from operating activities of -89,642.27 million RMB, a decline of 3611.52% compared to -2,415.24 million RMB in Q1 2014[14] - Cash inflow from operating activities reached ¥3,830,071,536.22, a significant increase from ¥981,749,243.61 in the previous period, marking a growth of approximately 289%[36] - Net cash flow from operating activities was negative at ¥896,422,699.59, worsening from a loss of ¥24,152,419.95 in the previous period[37] - Cash inflow from financing activities totaled ¥1,063,729,758.33, up from ¥655,590,866.43, reflecting an increase of approximately 62%[42] - The ending balance of cash and cash equivalents decreased to ¥402,378,601.12 from ¥728,457,621.18, a decline of about 45%[42] Assets and Liabilities - Total assets decreased by 8.30% to CNY 12.88 billion compared to the end of the previous year[6] - Cash and cash equivalents decreased by 57.36% to CNY 774.35 million due to the consolidation of Highland Group Holdings Limited[12] - Current assets decreased from ¥4,734,685,595.26 to ¥3,883,093,747.91, a decline of approximately 18%[21] - Total liabilities decreased from ¥12,468,946,857.25 to ¥11,518,291,265.92, a decline of approximately 8%[23] - The company's equity attributable to shareholders decreased from ¥1,767,472,798.00 to ¥1,566,847,553.79, a decline of approximately 11%[23] Shareholder Information - The total number of shareholders reached 11,726[10] - The largest shareholder, Sanpower Group Co., Ltd., holds 21.9% of the shares[10] Investment Activities - The company plans to invest 1 million USD for an 8% stake in Meixi Holdings, in collaboration with its controlling shareholder[14] - A proposal for a share issuance to acquire 100% equity of Nanjing Xingning Industrial Co., Ltd. and Nanjing Ruihe Trading Co., Ltd. was approved at the first extraordinary general meeting of 2015[15] - The company is preparing to establish Natali (China) with a cash investment of 30 million RMB, where it will hold a 35% equity stake[16] - A framework agreement for the transfer of 90% equity in Xinbai Pharmaceutical has been signed, pending further negotiations and due diligence[16] Operating Costs - The operating cost for Q1 2015 was 219,092.91 million RMB, reflecting a 218.82% increase from 68,720.72 million RMB in the same period last year[13] - Total operating costs for Q1 2015 were ¥3,432,311,705.53, compared to ¥824,193,061.92 in Q1 2014, indicating an increase of about 317%[28] - Sales expenses surged to 86,582.61 million RMB, marking a dramatic increase of 3852.22% from 2,190.73 million RMB in Q1 2014[13] - Sales expenses for Q1 2015 were ¥865,826,087.47, a substantial increase from ¥21,907,311.00 in Q1 2014, indicating a rise of approximately 3,950%[29] - The financial expenses for Q1 2015 were ¥85,323,251.39, significantly higher than ¥13,460,576.58 in Q1 2014, representing an increase of about 532%[29]