AVICHM(SH:600765)2015-04-28 16:00Financial Performance - Operating revenue for the period was ¥1,186,839,996.50, representing a decrease of 15.09% year-on-year[7] - Net profit attributable to shareholders of the listed company was ¥35,401,341.75, down 5.05% from the same period last year[7] - Total operating revenue for Q1 2015 was CNY 1,186,839,996.50, a decrease of 15.06% compared to CNY 1,397,741,614.05 in the same period last year[26] - Gross profit for Q1 2015 was CNY 38,779,513.53, compared to CNY 39,751,175.13 in Q1 2014, indicating a slight decline[27] - Net profit for Q1 2015 was CNY 20,211,397.80, down 15.5% from CNY 23,746,941.11 in the previous year[28] Cash Flow - Net cash flow from operating activities was -¥36,563,090.49, an improvement from -¥134,297,384.24 in the previous year[7] - Cash received from operating activities increased by 114.15% to 88.411 million from 41.285 million, driven by higher receivables[15] - The total cash inflow from operating activities for Q1 2015 was CNY 934,420,716.06, an increase of 14.4% compared to CNY 816,717,094.26 in the previous year[32] - The net cash flow from operating activities was -CNY 36,563,090.49, an improvement from -CNY 134,297,384.24 in Q1 2014[33] - The total cash outflow from investing activities was CNY 186,451,940.76, down from CNY 225,170,237.74 in the same period last year[33] - The total cash inflow from financing activities was CNY 668,590,901.10, a decrease from CNY 727,260,000.00 in the previous year[34] Assets and Liabilities - Total assets at the end of the reporting period reached ¥13,291,487,513.35, an increase of 0.37% compared to the end of the previous year[7] - Current liabilities decreased to 5.754 billion from 5.827 billion, primarily due to reduced short-term borrowings[20] - Non-current liabilities increased to 3.092 billion from 2.996 billion, reflecting higher long-term borrowings[21] - The company's cash and cash equivalents decreased to 803.83 million from 1.068 billion, indicating a reduction in liquidity[19] - Total liabilities for Q1 2015 were CNY 1,440,304,304.78, up from CNY 1,387,127,712.28, reflecting an increase of 3.83%[25] Shareholder Information - The number of shareholders at the end of the reporting period was 70,904[10] - The top three shareholders, all state-owned entities, held a combined 44.23% of the shares[11] - Total equity attributable to shareholders increased to 3.568 billion from 3.528 billion, showing a growth in retained earnings[21] - Shareholders' equity totaled CNY 2,433,919,577.75 in Q1 2015, a decrease from CNY 2,452,814,516.43 in the same period last year[25] Expenses and Impairments - Operating tax and additional fees increased by 96.08% to 2.814 million from 1.435 million due to higher tax obligations[14] - Asset impairment losses rose by 95.57% to 12.151 million from 6.213 million, attributed to increased bad debt provisions[14] - The company reported a decrease in sales expenses to CNY 23,762,146.53 from CNY 27,109,260.16, a reduction of 12.5%[27] - Financial expenses increased to CNY 63,281,200.28 in Q1 2015 from CNY 50,881,996.78, marking a rise of 24.4%[27] Other Information - The company has not disclosed any significant new product developments or market expansion strategies in this report[13] - Non-operating income for the period totaled ¥580,236.09, primarily from government subsidies and other income[8] - Basic and diluted earnings per share remained at ¥0.05[7] - The total comprehensive income for the period was -CNY 18,894,938.68, slightly better than -CNY 18,979,342.25 in the previous year[30] - The cash and cash equivalents at the end of the period were CNY 693,068,691.87, down from CNY 1,048,544,724.85 at the end of Q1 2014[34]