舍得酒业(600702) - 2015 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY 4,371,524.26, a decrease of 45.61% year-on-year[6] - Operating revenue for the period was CNY 315,064,302.06, down 9.73% compared to the same period last year[6] - Basic earnings per share were CNY 0.0130, a decline of 45.38% year-on-year[6] - Net profit decreased by 45.61% to ¥4,371,524.26 from ¥8,037,674.07, primarily due to increased income tax expenses[11] - Total operating revenue for Q1 2015 was CNY 315,064,302.06, a decrease of 9.7% compared to CNY 349,006,731.42 in the same period last year[23] - Net profit for Q1 2015 was CNY 4,371,524.26, a decline of 45.6% compared to CNY 8,037,674.07 in Q1 2014[24] - The net profit for Q1 2015 was a loss of CNY 24,857,810.77, compared to a loss of CNY 16,587,834.65 in Q1 2014, indicating a worsening performance[27] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 3,825,159,102.81, an increase of 3.98% compared to the end of the previous year[6] - Total assets increased to ¥3,825,159,102.81 from ¥3,678,835,910.16, reflecting growth in both current and non-current assets[11] - Total liabilities rose to ¥1,575,336,902.36 from ¥1,433,385,233.97, driven by an increase in short-term borrowings[11] - Total liabilities as of March 31, 2015, were CNY 1,442,410,056.72, compared to CNY 1,395,380,124.65 at the start of the year[21] Cash Flow - The net cash flow from operating activities was CNY 94,515,020.68, a significant increase of 264.06% compared to the previous year[6] - Operating cash flow improved significantly, with a net cash flow from operating activities of ¥94,515,020.68, a turnaround from a negative cash flow of ¥57,611,410.34[11] - Cash received from financing activities increased by 134.07% to ¥316,000,000.00 from ¥135,000,000.00, reflecting an increase in working capital loans[11] - Cash paid for debt repayment surged by 321.60% to ¥210,800,000.00 from ¥50,000,000.00, indicating a significant increase in the repayment of working capital loans[11] - Cash flow from operating activities generated a net inflow of CNY 94,515,020.68, a significant improvement from a net outflow of CNY 57,611,410.34 in the previous year[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 43,926[9] - The largest shareholder, Sichuan Tuopai Shede Group Co., Ltd., held 29.85% of the shares[9] Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 10,000.00 during the reporting period[7] - The total amount of non-recurring gains and losses was CNY 528,832.98[7] Inventory and Receivables - Accounts receivable decreased by 44.78% to ¥55,927,219.14 from ¥101,274,632.76 primarily due to the collection of matured bank acceptance bills[11] - Inventory as of March 31, 2015, was CNY 1,908,906,996.00, up from CNY 1,889,671,493.54 at the beginning of the year[19] Financial Expenses - Financial expenses rose by 83.47% to ¥11,269,527.23 from ¥6,142,296.65, attributed to increased interest on bank acceptance bill discounts[11] - The company’s financial expenses increased to CNY 2,341,719.72 from CNY 79,439.93 in the previous year, highlighting rising costs associated with financing[26]