MTL(SH:600683)2015-04-28 16:00Financial Performance - Operating revenue for the period was CNY 55,112,816.56, representing a 35.02% increase year-on-year[6] - Net profit attributable to shareholders was CNY -66,312,600.10, showing a slight increase in loss compared to CNY -66,157,939.83 from the previous year[6] - The company reported a basic and diluted earnings per share of -¥0.09, consistent with the previous period[34] - Net profit for the current period was a loss of ¥69,763,180.89, slightly improved from a loss of ¥74,099,158.99 in the previous period[32] - The company recorded a total comprehensive loss of ¥69,763,180.89, compared to a loss of ¥74,099,158.99 in the previous period, indicating an overall improvement[34] Cash Flow - Cash flow from operating activities was CNY 602,620,474.09, a significant improvement from CNY -344,230,784.28 in the same period last year[6] - In Q1 2015, the net cash flow from operating activities increased significantly to ¥602,620,474.09, compared to a negative cash flow of -¥344,230,784.28 in the previous year, marking an improvement of ¥946,851,258.37[14] - The company experienced a total cash and cash equivalents net decrease of 558,991,146.82 RMB in Q1 2015, compared to a decrease of 97,599,666.07 RMB in the previous year[44] - The cash received from other operating activities increased significantly to 27,174,947.27 RMB from 3,581,318.52 RMB year-over-year, showing improved operational efficiency[43] Assets and Liabilities - Total assets at the end of the reporting period were CNY 29,458,780,632.50, a decrease of 0.68% compared to the end of the previous year[6] - Current liabilities totaled CNY 19,410,951,355.53, down from CNY 19,919,437,910.11[24] - Non-current liabilities were reported at CNY 7,946,102,228.13, compared to CNY 7,569,512,228.13 previously[25] - Total liabilities reached CNY 27,357,053,583.66, a decrease from CNY 27,488,950,138.24[25] - Owner's equity totaled CNY 2,101,727,048.84, down from CNY 2,171,490,229.73[25] Shareholder Information - The number of shareholders at the end of the reporting period was 24,489[9] - The largest shareholder, Beijing Infrastructure Investment Co., Ltd., held 220,800,000 shares, accounting for 29.81% of the total shares[9] Investment and Expenses - The company reported a significant increase in financial expenses, which rose by 103.17% to CNY 42,726,348.87 due to the Ordos project[11] - The company reported a significant increase in asset impairment losses, amounting to ¥3,207,604.57, which is a 351.96% increase compared to the previous period[12] - Investment income showed a loss of ¥346,537.57, a substantial change from a gain of ¥29,458,656.10 in the previous year, indicating a significant decline in long-term equity investments[12] - Total operating costs increased to ¥127,706,547.23, up 47% from ¥86,502,414.63 in the previous period[32] - Sales expenses increased to ¥13,641,412.19, up from ¥8,824,216.42 in the previous period, reflecting higher operational costs[32] Cash and Cash Equivalents - The company recorded a decrease in cash and cash equivalents by 45.74%, down to CNY 1,228,278,166.66 due to loan repayments[11] - The company’s cash and cash equivalents decreased to ¥1,228,278,166.66 from ¥2,263,658,725.95 at the beginning of the year[23] - Cash and cash equivalents decreased to CNY 22,469,915.55 from CNY 581,461,062.37[28] - The ending cash and cash equivalents balance decreased to 22,469,915.55 RMB from 89,732,032.72 RMB year-over-year[44] Financing Activities - The company raised 50,000,000.00 RMB through financing activities, but had cash outflows of 702,380,001.70 RMB, leading to a net cash flow from financing activities of -652,380,001.70 RMB[44]