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航发动力(600893) - 2015 Q1 - 季度财报
AECC APAECC AP(SH:600893)2015-04-27 16:00

Financial Performance - Operating revenue for the period was CNY 3,987,093,276.64, representing a 3.07% increase year-on-year [6]. - Net profit attributable to shareholders was a loss of CNY 41,264,151.42, an improvement of 60.04% compared to the previous year's loss [6]. - The company reported a significant decrease in net profit after deducting non-recurring gains and losses, with a loss of CNY 106,962,689.16, a decline of 268.93% year-on-year [6]. - The company's operating revenue for Q1 2015 was CNY 1,033,999,425.73, a slight increase from CNY 1,027,808,641.55 in the previous year, representing a growth of approximately 0.12% [28]. - The net profit for Q1 2015 was CNY -45,651,497.15, compared to CNY -98,140,144.50 in the same period last year, showing an improvement of about 53.5% [27]. - The total profit for Q1 2015 was CNY -29,064,472.96, which is an improvement from CNY -80,125,492.17 year-over-year, indicating a reduction in losses by approximately 63.7% [27]. - The company's operating profit for Q1 2015 was CNY -94,764,956.82, an improvement from CNY -161,781,749.05 in the previous year, reflecting a decrease in operating losses of about 41.5% [27]. - The company reported a net profit margin decline due to increased operating costs, impacting overall profitability [26]. Assets and Liabilities - Total assets increased by 2.24% to CNY 44,962,475,340 compared to the end of the previous year [6]. - The company’s total current assets amounted to CNY 25.78 billion, up from CNY 24.85 billion at the beginning of the year [18]. - The company’s total non-current assets included fixed assets valued at CNY 10.22 billion, slightly up from CNY 10.10 billion at the beginning of the year [18]. - Total liabilities amounted to CNY 29,325,182,453.53, compared to CNY 28,354,122,069.23 in the previous year, representing an increase of approximately 3.4% [20]. - Short-term borrowings increased to CNY 11,097,240,762.73 from CNY 8,664,164,315.11, marking a significant rise of about 28.0% [20]. - Non-current assets totaled CNY 19,181,464,015.61, slightly up from CNY 19,126,987,640.02, showing a marginal increase of 0.3% [20]. - The company's equity attributable to shareholders was CNY 14,277,613,641.55, compared to CNY 14,250,499,294.19 at the beginning of the year, reflecting a slight increase of 0.2% [20]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 2,810,435,914.37, worsening by 35.80% year-on-year [6]. - The cash inflow from operating activities was CNY 3,070,997,455.02, down from CNY 4,231,405,055.68 in the previous year, representing a decline of approximately 27.4% [30]. - The cash outflow for purchasing goods and services was CNY 4,178,183,209.05, compared to CNY 4,497,940,927.40 in the previous year, indicating a decrease of about 7.1% [30]. - The net cash flow from operating activities for Q1 2015 was -728,801,241.32 RMB, compared to -672,187,789.33 RMB in the same period last year, indicating a decline of approximately 8.5% [33]. - Total cash inflow from financing activities was 603,296,690.63 RMB, an increase from 470,000,000.00 RMB in the previous year, representing a growth of about 28.3% [33]. - The total cash outflow from investing activities was 121,240,619.83 RMB, compared to 30,825,500.79 RMB in the previous year, indicating a significant increase of about 292.5% [33]. - The company reported a total cash outflow of 3,341,622,547.60 RMB from financing activities, which is an increase from 3,064,843,144.38 RMB in the previous year, representing a rise of about 9.0% [33]. Shareholder Information - The total number of shareholders at the end of the reporting period was 46,624 [10]. - The largest shareholder, Xi'an Aero Engine (Group) Co., Ltd., held 30.60% of the shares [10]. Government Support - The company received government subsidies amounting to CNY 66,705,386.96 during the period [8]. Investment Performance - Investment income increased to CNY 5.73 million from a loss of CNY 1.33 million year-on-year, primarily due to investment income received by a subsidiary [14]. - Cash received from investment income was CNY 1.68 million, reflecting an increase in cash received from investment income by a subsidiary [15]. - The investment income for Q1 2015 was CNY 5,726,789.24, compared to a loss of CNY -1,334,091.90 in the previous year, indicating a turnaround in investment performance [27]. Future Outlook - Future outlook includes potential market expansion and new product development strategies to enhance revenue growth [26].