HTGF(SH:600864)2015-04-21 16:00Financial Performance - Net profit attributable to shareholders increased by 410.67% to CNY 55,295,088.43 compared to the same period last year[7] - Basic earnings per share increased by 405.00% to CNY 0.101 compared to the same period last year[7] - Net profit for Q1 2015 was ¥64,627,290.70, an increase of 235.5% compared to ¥19,267,314.20 in Q1 2014[29] - The net profit attributable to shareholders of the parent company was ¥55,295,088.43, up from ¥10,827,988.07 in the previous year[29] - Net profit for the current period reached ¥47,404,863.07, compared to ¥6,127,923.23 in the previous period, reflecting a substantial increase of 674.5%[32] Revenue and Costs - Operating revenue decreased by 0.78% to CNY 424,625,977.65 compared to the same period last year[13] - Total operating revenue for Q1 2015 was ¥424,625,977.65, a decrease of 0.8% from ¥427,980,287.93 in the same period last year[28] - Operating costs decreased by 10.13% to CNY 316,505,333.75 due to reduced production consumption from a warm winter[13] - Total operating costs decreased by 11.4% to ¥355,637,542.17 from ¥401,610,563.17 year-over-year[28] - The company reported a decrease in operating costs to ¥189,044,359.22 from ¥214,355,908.16, a reduction of 11.8%[32] Cash Flow - Net cash flow from operating activities was negative at CNY -135,685,023.79, a decrease compared to CNY -130,085,871.61 in the previous year[13] - Cash flow from operating activities showed a net outflow of ¥135,685,023.79, slightly worse than the previous period's outflow of ¥130,085,871.61[35] - The net cash flow from investing activities was -29,438,221.58, a decrease of 114,913,517.78 compared to the previous period, attributed to reduced cash paid for investments[14] - Investment activities resulted in a net cash outflow of ¥29,438,221.58, an improvement from the previous period's outflow of ¥144,351,739.36[35] - The net cash flow from financing activities was -15,586,500.25, a decrease of 22,058,663.68, due to reduced cash received from borrowings[14] Assets and Liabilities - Total assets decreased by 4.93% to CNY 7,152,056,782.32 compared to the end of the previous year[7] - The total current assets decreased from 1,506,099,139.70 to 1,286,684,841.22, reflecting a decline of approximately 14.6%[20] - The total non-current assets decreased from 6,016,583,134.20 to 5,865,371,941.10, indicating a decline of about 2.5%[21] - The total liabilities decreased from 2,741,361,014.86 to 2,397,578,284.61, a reduction of approximately 12.5%[22] - Total liabilities decreased to ¥1,375,135,160.72 from ¥1,634,220,508.42 in the previous year[26] Shareholder Information - The company's total number of shareholders reached 38,698 at the end of the reporting period[11] - The largest shareholder, Harbin Investment Group, holds 43.59% of the shares, with 238,174,824 shares pledged[11] - The total equity attributable to shareholders decreased from 4,659,230,701.39 to 4,623,055,737.79, a decline of about 0.8%[22] - Total equity increased slightly to ¥4,585,254,297.51 from ¥4,627,305,908.81 year-over-year[26] Investment Income - Investment income amounted to 14,140,472.93, an increase of 10,138,983.72, primarily from dividends received from Minsheng Bank and Yichun Commercial Bank[14] - The company reported an investment income of ¥14,140,472.93, compared to ¥4,001,489.21 in the previous year[29] - The company recorded a significant increase in investment income to ¥14,140,472.93 from ¥4,001,489.21, representing a growth of 253.5%[32] Other Financial Metrics - The weighted average return on equity increased by 0.829 percentage points to 1.191% compared to the previous year[7] - Other comprehensive income after tax was -¥91,470,052.03, slightly improved from -¥93,907,784.65 in the same period last year[30] - The total comprehensive income for the current period was reported at -¥42,051,611.30, an improvement from -¥82,729,360.29 in the previous period[33] - The cash and cash equivalents at the end of the period amounted to ¥886,201,877.26, up from ¥580,207,085.08 in the previous period[36] - The ending balance of cash and cash equivalents was $825,095,376.23, down from $969,369,503.91 at the beginning of the quarter[38]