HSGC(SH:600774)2015-04-24 16:00Financial Performance - Net profit attributable to shareholders increased by 196.69% to CNY 5,671,565.35 compared to the same period last year[7]. - Operating income rose by 2.27% to CNY 267,423,979.86 compared to the previous year[7]. - Basic earnings per share increased by 190.91% to CNY 0.032 per share[7]. - The profit attributable to the parent company's shareholders was CNY 5,671,565.35, compared to CNY 1,911,637.08 in the same quarter last year, marking a substantial increase[30]. - Operating profit for Q1 2015 was CNY 6,263,932.59, compared to CNY 1,187,830.99 in the same period last year, showing a significant improvement[29]. - The total comprehensive income for Q1 2015 was CNY 3,634,350.65, compared to a loss of CNY 719,948.17 in the same quarter last year[30]. - The total comprehensive income for Q1 2015 was CNY 7,840,470.31, compared to CNY 6,537,798.51 in the same period last year, representing an increase of approximately 19.93%[33]. - Basic and diluted earnings per share for Q1 2015 were both CNY 0.045, up from CNY 0.037 in Q1 2014, indicating a growth of 21.62%[33]. Assets and Liabilities - Total assets decreased by 1.41% to CNY 1,623,829,694.14 compared to the end of the previous year[7]. - Accounts receivable decreased by 69.50% to CNY 1,807,322.52 compared to the end of last year[12]. - Current liabilities due within one year decreased by 39.64% to CNY 30,000,000.00 compared to the previous year[12]. - Total current assets decreased to ¥147,621,982.53 million from ¥165,753,617.13 million, reflecting a decline in liquidity[20]. - Total non-current assets slightly decreased to ¥1,476,207,711.61 million from ¥1,481,268,403.25 million[21]. - Total liabilities decreased to ¥937,182,253.90 million from ¥964,008,930.79 million, indicating improved financial stability[22]. - Total equity increased to ¥686,647,440.24 million from ¥683,013,089.59 million, showing a positive trend in shareholder value[22]. - The total liabilities as of Q1 2015 amounted to CNY 351,316,074.08, slightly down from CNY 357,068,181.07 in the previous year[26]. - Total equity increased to CNY 601,765,224.78 from CNY 593,924,754.47, reflecting a year-over-year growth of 1.4%[26]. Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of CNY 6,335,756.97 compared to a net outflow of CNY 510,564.68 in the previous year[7]. - Cash paid for operating activities rose to ¥37,699,322.63 million, an increase of 111.51% from ¥17,823,848.56 million[16]. - Cash received from investment activities increased by 104.23% to ¥191,261.08 million, up from ¥93,650.26 million[16]. - Cash received from borrowings surged to ¥29,000,000.00 million, a 222.22% increase from ¥9,000,000.00 million[16]. - Cash paid for debt repayment increased to ¥31,180,346.96 million, up 169.25% from ¥11,580,346.96 million[16]. - Cash inflow from operating activities was CNY 312,066,730.68, compared to CNY 305,347,486.38 in the previous year, reflecting an increase of 2.36%[34]. - The net cash flow from operating activities was negative CNY 6,335,756.97, worsening from negative CNY 510,564.68 in Q1 2014[34]. - Cash outflow from investing activities was CNY 7,799,679.20, significantly lower than CNY 18,028,191.25 in the same period last year, showing a decrease of 56.73%[34]. - Cash inflow from financing activities was CNY 29,000,000.00, up from CNY 9,000,000.00 in Q1 2014, marking an increase of 222.22%[34]. - The net cash flow from financing activities was negative CNY 7,604,266.00, slightly improved from negative CNY 8,425,994.30 in the previous year[34]. - The ending cash and cash equivalents balance was CNY 62,086,265.28, compared to CNY 60,844,002.89 at the end of Q1 2014, indicating a slight increase of 2.04%[34]. - The company reported a cash inflow from operating activities of CNY 294,975,561.50, which is an increase from CNY 289,824,220.22 in the previous year, reflecting a growth of 1.67%[37]. - The cash outflow for operating activities totaled CNY 285,527,281.17, down from CNY 302,357,599.64 in Q1 2014, showing a decrease of 5.57%[37]. Investment and Impairment - Asset impairment losses increased significantly to ¥27,589.11 million, up 530.10% from ¥4,378.50 million in the previous period[16]. - Investment income showed a substantial change, reaching ¥1,203,763.40 million, a decrease of 249.62% compared to a loss of ¥804,568.46 million last period[16]. - The company reported an investment income of CNY 1,203,763.40, a recovery from a loss of CNY 804,568.46 in the previous year[29].