AHHL(SH:600761)2016-04-28 16:00Financial Performance - Net profit attributable to shareholders decreased by 0.47% to CNY 92,933,328.70 year-on-year[6] - Operating income rose by 1.68% to CNY 1,468,313,701.60 compared to the same period last year[6] - The weighted average return on equity decreased by 0.14 percentage points to 2.27%[6] - Net profit for Q1 2016 reached CNY 101,747,983.90, compared to CNY 98,106,816.03 in the previous year, indicating a growth of 2.67%[28] - The company reported a profit margin of approximately 6.92% for Q1 2016, compared to 6.80% in the same quarter last year[28] - The total comprehensive income for Q1 2016 was ¥105,836,257.65, compared to ¥131,074,500.89 in Q1 2015, reflecting a decrease of 19.2%[31] Cash Flow - Net cash flow from operating activities improved significantly to CNY 129,205,424.51, compared to a negative CNY 38,232,659.44 in the previous year[6] - The net cash flow from operating activities was ¥129,205,424.51, a significant improvement from a negative cash flow of -¥38,232,659.44 in the same period last year[33] - Total cash outflow from operating activities amounted to 814,697,751.82, down from 967,257,052.67 year-over-year[36] - The ending cash and cash equivalents balance was 584,928,607.58, down from 697,960,665.94 at the beginning of the period[36] Assets and Liabilities - Total assets increased by 6.91% to CNY 6,128,280,849.72 compared to the end of the previous year[6] - Total current assets increased to 3,993,750,502.75 yuan from 3,575,289,394.43 yuan, reflecting a growth in liquidity[20] - Total liabilities increased to 1,753,166,104.87 yuan from 1,432,540,854.76 yuan, indicating a rise in financial obligations[21] - The company's total equity as of March 31, 2016, was CNY 3,959,681,232.51, up from CNY 3,853,844,974.86, indicating an increase of 2.77%[25] Shareholder Information - The number of shareholders reached 35,259 at the end of the reporting period[9] - The largest shareholder, Anhui Forklift Group Co., Ltd., holds 37.97% of the shares[9] Accounts Receivable and Inventory - Accounts receivable increased by 32.42% to CNY 297,744,294.46 due to an increase in bank acceptance bills[12] - Accounts receivable increased to CNY 1,015,141,471.19 from CNY 731,337,617.05, representing a growth of 38.93%[24] - Inventory levels decreased to CNY 645,046,243.90 from CNY 717,424,211.98, a reduction of 10.06%[24] Investment Activities - Cash flow from investment activities showed a significant change with 300,000,000.00 yuan spent on purchasing bank financial products, compared to no investment in the previous year[15] - The company incurred a net cash outflow from investing activities of -¥312,808,320.70, compared to a net inflow of ¥4,244,660.72 in the same period last year[34] - The company paid 300,000,000.00 in cash for investments during the quarter[36] Operating Costs and Expenses - Total operating costs for Q1 2016 were CNY 1,354,897,035.22, up from CNY 1,343,722,982.58, reflecting a year-over-year increase of 0.87%[28] - The total operating expenses decreased to ¥1,293,175,000.10 from ¥1,300,000,000.00 in the previous year, indicating a cost control effort[30] Other Income and Expenses - Other operating income decreased by 84.89% to 974,995.24 yuan, attributed to a reduction in government subsidies received[14] - Cash received from tax refunds dropped by 44.22% to 12,418,581.95 yuan, primarily due to a decrease in export tax rebates[15] - Cash received from other operating activities decreased by 72.45% to 4,132,486.28 yuan, reflecting a reduction in subsidy payments received[15] - Cash paid for other operating activities increased by 34.20% to 58,932,711.99 yuan, indicating a rise in other operational expenses[15]