YNYW(SH:600725)2016-05-06 16:00Financial Performance - Operating revenue for the period was CNY 367,039,133.29, representing a significant decrease of 63.57% year-on-year[7]. - Net profit attributable to shareholders was CNY -148,720,356.24, compared to CNY -205,853,166.51 in the same period last year[7]. - The company experienced a 63.57% decrease in operating income due to a significant drop in product sales volume and prices[14]. - The company's net loss for Q1 2016 was CNY 230,661,971.91, compared to a net loss of CNY 296,225,935.01 in Q1 2015[31]. - The company reported a financial expense of -¥42,635,717.22 in Q1 2016, contrasting with a financial expense of ¥20,220,510.75 in the same period last year[34]. - The operating profit for Q1 2016 was ¥46,706,125.52, a significant increase from ¥4,004,945.45 in Q1 2015[34]. - The company recorded a total profit of ¥46,785,979.54 for Q1 2016, compared to ¥4,004,945.45 in the previous year, marking a substantial improvement[34]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY -11,474,137.08, an improvement from CNY -100,186,765.43 in the previous year[7]. - Cash received from sales of goods and services decreased by 42.56% year-on-year, attributed to significant declines in product production, sales volume, and prices[17]. - Cash received from other operating activities decreased by 54.44% compared to the previous year, mainly due to a reduction in government subsidies received[17]. - Cash paid for purchasing goods and services decreased by 50.09% year-on-year, primarily due to a significant drop in product output and reduced raw material procurement[17]. - The net cash flow from operating activities for Q1 2016 was -¥11,474,137.08, an improvement from -¥100,186,765.43 in the same period last year[36]. - Cash inflows from operating activities totaled ¥359,583,381.50, down from ¥629,839,860.85 in Q1 2015, reflecting a decrease of 42.94%[36]. - Cash outflows from operating activities were ¥371,057,518.58, compared to ¥730,026,626.28 in the previous year, indicating a reduction of 49.12%[36]. - The net cash flow from investment activities was -4,104,605.67 RMB, compared to -20,828,934.68 RMB in the previous period, showing a significant improvement[40]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,795,190,922.11, a decrease of 1.37% compared to the end of the previous year[7]. - The total liabilities as of March 31, 2016, amounted to CNY 10,754,050,955.90, compared to CNY 10,628,099,824.37 at the beginning of the year, showing an increase of 1.2%[27]. - The total equity attributable to shareholders of the parent company was CNY -2,016,377,945.75, worsening from CNY -1,867,329,591.16 year-over-year[27]. - The company reported a total current asset of CNY 3,464,298,403.70, an increase of 4.9% from CNY 3,303,917,169.53 at the beginning of the year[28]. - The total non-current assets were CNY 203,527,952.67, slightly down from CNY 203,936,363.06 at the beginning of the year[29]. Shareholder Information - The number of shareholders at the end of the reporting period was 40,180[11]. - The largest shareholder, Yunnan Yunwei Group Co., Ltd., held 257,506,610 shares, accounting for 41.79% of total shares[11]. Future Outlook - The company expects to continue reporting losses until the next reporting period due to the ongoing low prices of international oil and coal chemical products[21].