ZLC(SH:600818)2015-04-24 16:00Financial Performance - Operating revenue decreased by 4.63% to CNY 138,853,536.28 year-on-year[5] - Net profit attributable to shareholders increased by 112.89% to CNY 4,084,318.65[5] - Basic earnings per share increased by 116.67% to CNY 0.013[5] - The company's net profit for the reporting period was CNY 3,796,114.33, a 130.42% increase compared to CNY 1,647,472.70 in the same period last year[10] - Operating profit reached CNY 3,285,041.86, reflecting a significant increase of 645.95% from CNY 440,384.28 year-on-year[10] - Net profit for Q1 2015 was ¥1,379,380.03, down 28% from ¥1,914,471.27 year-over-year[20] - The net profit attributable to the parent company was ¥4,084,318.65, compared to ¥1,918,513.99 in the previous year, indicating a significant increase[21] - Total profit for the parent company reached ¥5,065,306.51, compared to ¥1,175,031.38 in the previous year, marking a significant increase[22] Cash Flow - Cash flow from operating activities turned positive with a net amount of CNY 1,297,348.60, compared to a negative CNY 33,398,417.16 in the same period last year[5] - The net cash flow from operating activities was CNY 1,297,348.60, a significant recovery from a net outflow of CNY -33,398,417.16 in the previous period[24] - Cash inflow from investment activities totaled CNY 25,684,183.38, compared to CNY 1,107,184.35 in the previous period, marking a substantial increase[24] - Net cash flow from investment activities was CNY 13,101,799.96, recovering from a net outflow of CNY -393,674.31 in the previous period[24] - Cash inflow from financing activities was CNY 99,000,000.00, slightly up from CNY 95,000,000.00 in the previous period[25] - The net increase in cash and cash equivalents for the period was CNY 11,482,138.10, compared to a decrease of CNY -94,850,176.18 in the previous period[25] - The ending balance of cash and cash equivalents was CNY 139,330,989.66, significantly higher than CNY 23,795,865.95 at the end of the previous period[25] Assets and Liabilities - Total assets decreased by 1.45% to CNY 817,957,458.90 compared to the end of the previous year[5] - Net assets attributable to shareholders decreased by 8.68% to CNY 383,090,895.87[5] - Total liabilities increased from ¥246,149,070.67 to ¥313,431,617.28, an increase of about 27.3%[19] - Current liabilities increased from ¥345,674,944.87 to ¥366,512,708.18, an increase of approximately 6.5%[17] - Owner's equity decreased from ¥484,328,060.43 to ¥451,444,750.72, a decline of about 6.8%[17] - Non-current assets totaled ¥486,328,614.58, down from ¥491,585,211.99, reflecting a decrease of about 1.1%[16] Investments and Projects - Significant increase in prepayments by 89.66% to CNY 14,166,895.05 due to wind energy project expansion[9] - Construction in progress increased by 81.49% to CNY 6,824,393.99, also related to wind energy projects[9] - The company completed the acquisition of a stake in Guangdong High Altitude Wind Energy, with ongoing projects including a 400 MW wind power station under preparation[10] - The company has established a wholly-owned subsidiary for the development of a cultural tourism service park in collaboration with Triple Five Worldwide Organization, LLC[11] Other Financial Metrics - The company reported a substantial increase in management expenses, which rose by 42.96% to CNY 16,346,648.59 due to the expanded consolidation scope of Guangdong High Altitude Wind Energy[10] - Investment income showed a loss of CNY -18,928,393.81, compared to a gain of CNY 1,035,125.45 in the previous year, primarily due to the sale of trading financial assets[10] - The company reported a decrease in other income, which fell by 62.74% to CNY 524,310.10 due to reduced government subsidy income[10] - The company reported an asset impairment loss of -¥7,500,000.00, compared to -¥1,140,000.00 in the same period last year[22]