Youhao Group(SH:600778)2015-04-29 16:00Financial Performance - Net profit attributable to shareholders decreased by 25.43% to CNY 36,958,946.01 year-on-year[7]. - Operating revenue declined by 9.05% to CNY 1,647,649,231.25 compared to the same period last year[7]. - The company reported a significant decrease in net profit after deducting non-recurring gains and losses, with a loss of CNY 25,913,921.67[7]. - The company reported a substantial decrease in operating profit of CNY 33,204,846.21, a decline of 57.43% compared to the previous year[11]. - Net profit for Q1 2015 was CNY 39,054,846.18, a decline of 44.3% compared to CNY 69,991,619.79 in Q1 2014[39]. - The net profit attributable to shareholders of the parent company was CNY 36,958,946.01, down 25.4% from CNY 49,565,761.72 year-over-year[39]. - The comprehensive income for Q1 2015 was CNY 67,080,662.00, compared to CNY 76,919,231.57 in Q1 2014, a decrease of 12.4%[39]. Assets and Liabilities - Total assets decreased by 4.36% to CNY 7,503,183,035.33 compared to the end of the previous year[7]. - The company's current assets totaled CNY 3,170,531,422.25, down from CNY 3,454,353,154.19 at the start of the year, indicating a decline of approximately 8.2%[30]. - The total liabilities decreased to CNY 5,396,751,051.70 from CNY 5,763,112,286.39, reflecting a decline of approximately 6.4%[32]. - The company's equity attributable to shareholders increased to CNY 1,745,828,206.80 from CNY 1,717,823,449.13, showing a growth of about 1.6%[32]. - Total assets decreased to CNY 6,657,472,126.91 from CNY 6,941,296,492.07, a reduction of 4.08%[36]. - Total liabilities decreased to CNY 5,012,371,869.08 from CNY 5,327,740,036.59, reflecting a decrease of 5.91%[36]. Cash Flow - Net cash flow from operating activities turned negative at CNY -1,539,300.14, a decrease of 103.56% year-on-year[7]. - Cash flow from operating activities showed a net outflow of CNY -1,539,300.14, a decline from a net inflow of CNY 43,276,867.33 in the same period last year[41]. - Cash flow from investing activities generated a net inflow of CNY 15,373,617.08, recovering from a net outflow of CNY -61,298,063.66 in Q1 2014[42]. - Cash flow from financing activities resulted in a net outflow of CNY -129,757,175.87, compared to a net inflow of CNY 16,057,633.32 in the previous year[42]. - The total cash and cash equivalents at the end of the period were 327,045,053.51, down from 947,591,653.56 year-over-year[45]. Shareholder Information - The total number of shareholders reached 38,675 at the end of the reporting period[10]. - The largest shareholder, Urumqi State-owned Assets Management Co., Ltd., holds 21.594% of shares[10]. Investment and Projects - The company recorded an investment income of CNY 61,764,572.07, a remarkable increase of 587.96% year-on-year, mainly from the disposal of available-for-sale financial assets[12]. - The company invested a total of 137.49 million RMB in the "Jia Yu I City" commercial property project, which opened on December 12, 2014, and has been performing well[20]. - The company has signed a new lease agreement for a total area of 100,912.15 square meters at the "Hao Yuan Shang Pin" commercial center, with additional renovation costs of 201.19 million RMB[26]. Operational Metrics - Basic and diluted earnings per share both decreased by 25.39% to CNY 0.1187[7]. - The weighted average return on net assets decreased by 0.81 percentage points to 2.13%[7]. - The inventory level was reported at CNY 1,310,722,327.37, slightly down from CNY 1,347,750,717.06, indicating a decrease of approximately 2.7%[30]. - Sales expenses increased to CNY 89,019,328.35 from CNY 69,891,587.52, representing a rise of about 27.3% year-over-year[40].