山西汾酒(600809) - 2015 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 37.10% to CNY 215,322,936.62 year-on-year[5] - Operating revenue declined by 7.82% to CNY 1,435,576,590.33 compared to the same period last year[5] - Basic earnings per share fell by 37.10% to CNY 0.2487[5] - Net profit decreased by 35.81% to ¥225,861,191.89 from ¥351,838,150.20, mainly due to a decline in operating income and gross margin[10] - Earnings per share fell by 37.10% to ¥0.2487 from ¥0.3954, reflecting the decrease in net profit attributable to shareholders[10] - Operating profit for Q1 2015 was CNY 323,716,475.03, down 28.1% from CNY 450,216,666.54 in Q1 2014[23] - Net profit attributable to shareholders for Q1 2015 was CNY 215,322,936.62, a decline of 37.2% compared to CNY 342,344,365.91 in Q1 2014[23] - The company reported a total comprehensive income of CNY 225,861,191.89 for Q1 2015, compared to CNY 351,838,150.20 in the same period last year[24] Cash Flow - Net cash flow from operating activities dropped by 70.22% to CNY 68,167,630.74[5] - Cash flow from operating activities decreased by 70.22% to ¥68,167,630.74 from ¥228,939,910.38, primarily due to reduced cash receipts from sales[10] - The net cash flow from operating activities was negative at -14,766,980.16 RMB, a significant decrease compared to 96,685,310.98 RMB in the previous period, indicating a decline of approximately 115.3%[34] - Total cash inflow from operating activities was 793,995,388.12 RMB, down 21.5% from 1,011,768,226.99 RMB in the prior period[34] - Cash outflow from operating activities totaled 808,762,368.28 RMB, a decrease of 11.6% compared to 915,082,916.01 RMB previously[34] - The ending balance of cash and cash equivalents decreased to 215,544,709.74 RMB from 585,580,690.06 RMB, a decline of approximately 63.3%[35] - The company reported a cash flow net decrease of -79,083,095.24 RMB, contrasting with a net increase of 9,416,583.87 RMB in the previous period[35] Assets and Liabilities - Total assets increased by 2.53% to CNY 5,932,630,255.42 compared to the end of the previous year[5] - Accounts receivable increased by 4262.49% to ¥63,001,197.86 from ¥1,444,155.61 due to increased credit sales[10] - Other receivables rose by 133.83% to ¥25,491,335.83 from ¥10,901,802.27, primarily due to advances made by a subsidiary for seed and grain purchases[10] - Available-for-sale financial assets increased by 338.26% to ¥16,811,566.16 from ¥3,835,937.04, attributed to fair value changes in held stocks[10] - Prepayments decreased by 71.49% to ¥110,839,761.25 from ¥388,820,689.02, as initial prepayments were recognized as sales revenue[10] - Total liabilities amounted to CNY 1,133,187,794.64, slightly up from CNY 1,124,690,905.80 at the beginning of the year[21] Shareholder Information - The total number of shareholders reached 49,011[8] - The largest shareholder, Shanxi Xinghuacun Fenjiu Group Co., Ltd., holds 69.97% of the shares[9] Operational Insights - The company has not disclosed any new product developments or market expansion strategies in this report[4] - Operating income and gross margin decline were the main reasons for the decrease in net profit and earnings per share[10] - The company's cash and cash equivalents decreased to CNY 215,544,709.74 from CNY 294,627,804.98 at the beginning of the year, a decline of 26.8%[21] - Inventory stood at CNY 1,701,271,499.19, down from CNY 1,747,919,499.26, reflecting a decrease of 2.7%[21]