HUAXIN CEMENT(SH:600801)2016-04-27 16:00Financial Performance - Operating revenue for the period was CNY 2,405,205,841, representing a decline of 13.89% year-on-year[6]. - Net profit attributable to shareholders was a loss of CNY 136,403,349, a decrease of 577.53% compared to the same period last year[6]. - The net profit for Q1 2016 was -143,295,618 RMB, a decrease of 529% compared to the same period last year[13]. - Operating profit dropped significantly to -226,438,543 RMB, reflecting a 5802% decline attributed to falling product prices[13]. - Total operating revenue for Q1 2016 was CNY 2,405,205,841, a decrease of 14% compared to CNY 2,793,172,458 in the same period last year[25]. - Net profit for Q1 2016 was a loss of CNY 143,295,618, compared to a profit of CNY 33,383,097 in Q1 2015, indicating a significant decline in profitability[27]. - The company reported an operating profit of CNY -226,438,543 for Q1 2016, compared to CNY -3,836,764 in Q1 2015, indicating worsening operational performance[27]. - The total comprehensive income for Q1 2016 was CNY -183,789,171, compared to CNY 4,848,869 in the same period last year, reflecting overall financial challenges[27]. Cash Flow - Net cash flow from operating activities was CNY 317,591,846, a significant increase of 1,094.01% year-on-year[6]. - Cash flow from operating activities showed a net inflow of 317,591,846 RMB, a 1094% increase due to reduced inventory and increased payables[15]. - Cash flow from investing activities improved by 42%, with a net outflow of -300,141,485 RMB, as investment expenditures decreased[15]. - Cash flow from financing activities increased by 142%, resulting in a net inflow of 186,256,457 RMB, mainly due to reduced loan repayments[15]. - The net cash flow from operating activities for Q1 2016 was ¥317,591,846, a significant improvement compared to a net outflow of ¥31,950,513 in the same period last year[31]. - The net cash flow from investing activities was -¥300,141,485, an improvement from -¥518,152,076 in Q1 2015[32]. - The cash inflow from operating activities for the parent company was ¥736,799,517, down from ¥904,097,950 in Q1 2015, reflecting a decrease of about 18%[34]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 25,288,729,035, a decrease of 0.78% compared to the end of the previous year[6]. - Current liabilities totaled 6,848,226,713 RMB, down from 7,219,895,472 RMB at the start of the year[20]. - The company's total liabilities amounted to 14,576,041,016 RMB, compared to 14,509,117,104 RMB previously[20]. - The company's total liabilities amounted to CNY 7,073,000,540, slightly down from CNY 7,190,935,252 year-over-year[23]. - The total equity increased to CNY 7,803,168,179 from CNY 7,761,625,952, showing a stable equity position[23]. Shareholder Information - The number of shareholders at the end of the reporting period was 56,170[9]. - The largest shareholder, HOLCHIN B.V., held 39.85% of the shares, totaling 596,817,018 shares[9]. Other Financial Metrics - The weighted average return on net assets decreased by 1.72 percentage points to -1.43%[6]. - Basic and diluted earnings per share for Q1 2016 were both CNY -0.09, compared to CNY 0.02 in the same quarter last year[27]. - Other comprehensive income after tax for Q1 2016 was CNY -40,493,553, compared to CNY -28,534,228 in the previous year[27]. - Investment income increased by 339% to 150,000 RMB, primarily due to recognized gains from available-for-sale debt instruments[13]. - The company reported a significant increase of 269% in payable dividends, amounting to CNY 44,710,146, related to unpaid subsidiary dividends[12].