NPEC(SH:600775)2015-04-29 16:00Financial Performance - Operating revenue rose by 10.35% to CNY 876,132,360.65 year-on-year[6] - Net profit attributable to shareholders increased by 15.67% to CNY 31,714,371.34 compared to the same period last year[6] - Operating revenue increased by 59.19% to ¥9,995,320.63 compared to ¥6,278,764.09 in the same period last year, primarily due to increased construction and installation service income[14] - The net profit attributable to shareholders of the parent company was CNY 31,714,371.34, up 15.4% from CNY 27,417,142.90 in the previous year[30] - Net profit for Q1 2015 reached CNY 42,946,716.45, representing a 7.4% increase from CNY 39,870,362.66 in Q1 2014[30] Cash Flow - Net cash flow from operating activities decreased by 329.45% to -CNY 113,121,176.77 compared to the previous year[6] - Net cash flow from operating activities decreased by 329.45% to -¥113,121,176.77, compared to ¥49,300,799.03 in the same period last year, mainly due to increased tax payments and various deposits[15] - Investment activities generated a net cash flow of ¥24,928,442.00, a significant recovery from a net outflow of -¥383,742,058.08 in the previous year[15] - The net cash flow from operating activities for Q1 2015 was -151,109,822.64 RMB, compared to -9,090,226.67 RMB in the same period last year, indicating a significant decline[38] - Cash outflow from operating activities increased dramatically to 195,357,452.09 RMB from 47,747,274.31 RMB in the previous year[38] Assets and Liabilities - Total assets increased by 4.94% to CNY 4,852,401,935.94 compared to the end of the previous year[6] - Total assets increased to ¥4,852,401,935.94 from ¥4,624,124,678.17, reflecting a growth in both current and non-current assets[22] - Total liabilities were CNY 441,587,959.35, compared to CNY 434,123,376.71 at the start of the year, reflecting a 1.1% increase[28] - The company's cash and cash equivalents decreased to CNY 66,021,221.53 from CNY 82,107,307.67 at the beginning of the year, a decline of 19.6%[27] Shareholder Information - The number of shareholders reached 27,621, with the top ten shareholders holding a significant portion of shares[8] - The company maintains commitments to avoid competition and ensure compliance with related party transactions as per agreements with major shareholders[17] Expenses - Total operating costs for Q1 2015 were CNY 860,556,838.38, up 9.5% from CNY 785,749,454.77 in Q1 2014[30] - The company reported an operating profit of CNY 48,402,846.83, an increase of 11.0% from CNY 43,478,986.24 in Q1 2014[30] - Sales expenses for Q1 2015 were CNY 822,009.78, a decrease of 6.6% compared to CNY 880,937.86 in the previous year[33] - Management expenses were CNY 29,530,774.51, showing a slight decrease from CNY 30,054,652.93 in Q1 2014[33] Inventory and Prepaid Accounts - Inventory increased to ¥545,463,820.73 from ¥510,570,319.97, indicating a rise in stock levels[22] - Prepaid accounts increased by 38.39% to CNY 206,578,539.06 primarily due to increased material procurement payments[13] - The company's inventory increased to CNY 17,496,401.75 from CNY 16,804,006.58, marking a growth of 4.1%[27] Non-Recurring Gains and Losses - The company reported a total of CNY 5,453,329.02 in non-recurring gains and losses[9] - Non-operating income rose by 102.57% to ¥3,327,961.87, up from ¥1,642,886.80, primarily due to an increase in tax refunds received[14] Borrowings - Short-term borrowings increased by 266.67% to CNY 110,000,000.00 due to operational needs[13] - Short-term borrowings increased significantly to ¥110,000,000.00 from ¥30,000,000.00, reflecting a strategy to enhance liquidity[23] - The company received 80,000,000.00 RMB from borrowings during the quarter[38]