HSGC(SH:600774)2016-04-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 39.03% to CNY 3,458,097.19 compared to the same period last year[6] - Operating revenue decreased by 2.27% to CNY 261,349,316.81 compared to the same period last year[6] - The company reported an operating profit of CNY 3,191,183.65, down 49.1% from CNY 6,263,932.59 in Q1 2015[26] - Net profit for Q1 2016 was CNY 1,506,514.30, a decline of 58.6% compared to CNY 3,634,350.65 in Q1 2015[27] - The company’s total comprehensive income for Q1 2016 was CNY 1,506,514.30, a decrease of 58.6% compared to CNY 3,634,350.65 in the previous year[27] - Net profit for Q1 2016 was CNY 4,719,315.76, a decrease of 39.5% compared to CNY 7,840,470.31 in the same period last year[29] - Earnings per share for Q1 2016 were CNY 0.020, down from CNY 0.032 in the previous year, reflecting a 37.5% decrease[27] Asset and Liability Changes - Total assets decreased by 1.30% to CNY 1,636,397,976.91 compared to the end of the previous year[6] - Total current assets decreased from 146,462,064.64 yuan at the beginning of the year to 107,205,816.38 yuan at the end of the period[17] - Total non-current assets increased from 1,511,485,758.49 yuan at the beginning of the year to 1,529,192,160.53 yuan at the end of the period[18] - Total liabilities decreased from 968,404,220.77 yuan at the beginning of the year to 945,347,860.25 yuan at the end of the period[19] - Total equity increased from 689,543,602.36 yuan at the beginning of the year to 691,050,116.66 yuan at the end of the period[19] - Total assets as of the end of Q1 2016 amounted to CNY 958,656,900.37, a decrease of 2.5% from CNY 979,196,381.34 at the end of the previous year[23] - Total liabilities decreased to CNY 346,369,345.35, down 6.8% from CNY 371,628,142.08 in the previous year[23] - Current liabilities totaled CNY 224,453,756.16, a decrease of 9% from CNY 246,757,205.93 in the previous year[23] - Non-current assets increased to CNY 722,031,207.71, up 2.3% from CNY 701,586,985.25 in the previous year[23] Cash Flow and Operating Activities - Net cash flow from operating activities increased by 271.36% to CNY 10,857,098.47 compared to the same period last year[6] - Operating cash flow for Q1 2016 was CNY 10,857,098.47, a significant improvement from a net cash outflow of CNY 6,335,756.97 in Q1 2015[32] - Cash inflow from operating activities totaled CNY 301,183,151.57, while cash outflow was CNY 290,326,053.10, resulting in a net cash inflow[32] - Cash received from other operating activities was CNY 245,752.00, down from CNY 347,982.75 in the previous year[32] - Cash paid for other operating activities decreased compared to the same period last year, mainly due to a lack of payments to the land reserve center amounting to 20 million yuan this period[13] Changes in Cash and Equivalents - The cash and cash equivalents decreased by 36.76% to CNY 46,076,446.12 compared to the end of the previous year[12] - Total cash and cash equivalents at the end of Q1 2016 were CNY 46,076,128.09, down from CNY 62,086,265.28 at the end of Q1 2015[33] Other Operating Income and Expenses - The company reported a significant increase in other operating income by 67.06% to CNY 3,472.00 compared to the previous period[11] - Cash paid for various taxes increased compared to the same period last year, primarily due to timing differences in prepayment of taxes[13] - Cash paid for the purchase and construction of fixed assets, intangible assets, and other long-term assets increased compared to the same period last year, primarily due to increased fixed asset investments[13] - Cash paid for other financing activities increased compared to the same period last year, mainly due to an increase in financial expenses[13] Shareholder Information - The number of shareholders reached 16,749 at the end of the reporting period[9]