ITG(SH:600755)2015-04-28 16:00Financial Performance - Operating revenue decreased by 18.66% to CNY 10.37 billion year-on-year[6] - Net profit attributable to shareholders decreased by 121.49% to a loss of CNY 37.72 million[6] - Basic earnings per share decreased by 57.89% to CNY 0.08[6] - The company reported a significant decline in net profit due to various factors, including accounting policy changes and acquisitions[7] - Total revenue for Q1 2015 was CNY 10,368,072,786.03, a decrease of 18.66% compared to CNY 12,747,049,846.02 in the same period last year[25] - Net profit for Q1 2015 was CNY 123,095,011.40, a decline of 53.38% from CNY 264,073,884.91 in Q1 2014[26] - Basic earnings per share for Q1 2015 were CNY 0.08, down from CNY 0.19 in the previous year[26] Assets and Liabilities - Total assets increased by 15.92% to CNY 39.93 billion compared to the end of the previous year[6] - The total assets increased by 62.57% from RMB 279,294,427.72 to RMB 454,046,326.91 due to the subsidiary Xiamen Guomao Investment Co., Ltd. increasing its holdings in financial assets[15] - The company's total liabilities reached CNY 31.34 billion, up from CNY 26.03 billion, indicating an increase of about 20.5%[20] - The company's total liabilities reached CNY 18,915,459,761.89, compared to CNY 16,191,687,292.99, an increase of 16.83%[23] - Current liabilities rose to CNY 18,204,010,372.75 from CNY 15,515,133,794.24, marking an increase of 17.36%[23] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -2.35 billion, a decrease of 126.15% compared to the same period last year[6] - The cash flow from operating activities for Q1 2015 was -RMB 2,351,403,025.66, a decrease of 126.15% compared to the same period in 2014, due to increased procurement volume[17] - The net cash flow from operating activities was negative at -¥2,351,403,025.66, worsening from -¥1,039,752,016.03 in the same quarter last year[30] Shareholder Information - The total number of shareholders reached 165,059 by the end of the reporting period[12] - The largest shareholder, Xiamen Guomao Holdings Co., Ltd., holds 30.99% of the shares[12] Other Financial Metrics - The weighted average return on net assets decreased by 2.72 percentage points to 1.71%[6] - Non-operating income from various sources totaled CNY 165.92 million[10] - The company reported a fair value change gain of CNY 283,885,256.88, compared to a loss of CNY 88,421,804.21 in the same period last year[25] - Other comprehensive income after tax for Q1 2015 was CNY 49,784,049.43, compared to a loss of CNY 3,876,969.16 in Q1 2014[26] Inventory and Prepayments - The company's inventory increased significantly to CNY 20.03 billion from CNY 17.32 billion, marking an increase of about 9.9%[19] - The company reported a total of CNY 3.99 billion in prepayments, an increase from CNY 3.44 billion, reflecting a growth of approximately 16%[19] Borrowings and Financial Activities - The company's short-term borrowings rose by 55.95%, from RMB 5,651,564,795.93 to RMB 8,813,389,120.28, driven by business development needs[16] - The company reported a significant increase in cash received from borrowing, amounting to ¥9,884,068,176.11 in Q1 2015, compared to ¥7,436,337,299.39 in Q1 2014[31]