YBTI(SH:600883)2016-04-29 16:00Financial Performance - Operating revenue for the period reached CNY 5,717,463.42, representing a 100.16% increase year-on-year[6] - Net profit attributable to shareholders of the listed company was CNY -1,506,874.97, a decline of 105.53% compared to the same period last year[6] - Basic and diluted earnings per share were both CNY -0.0064, a decrease of 105.54% from CNY 0.1155 in the previous year[6] - The total comprehensive income for the period was CNY -1,790,450.49, a decrease of 109.09% compared to CNY 19,691,358.12 in the prior year[15] - The net profit for the period was CNY -1,769,728.88, a decrease of 106.49% compared to CNY 27,263,933.92 in the same period last year[15] - The basic earnings per share fell to CNY -0.0064, a decline of 105.54% from CNY 0.1155 in the previous year[15] - The company's operating revenue for the first quarter reached CNY 5,717,463.42, an increase of 100.16% compared to the previous period's CNY 2,856,443.43[14] - The total operating revenue for Q1 2016 was CNY 5,717,463.42, a significant increase from CNY 2,856,443.43 in the same period last year, representing an increase of 100.1%[34] - The net profit for Q1 2016 was a loss of CNY 1,769,728.88, compared to a net profit of CNY 27,263,933.92 in Q1 2015, indicating a decline of 106.5%[34] Cash Flow - Cash flow from operating activities was CNY -6,236,224.79, a significant decline of 560.15% compared to CNY 1,355,257.21 in the previous year[6] - The cash flow from operating activities showed a net outflow of -6,236,224.79, a decrease of 560.15% compared to the previous period[16] - The cash flow from investing activities resulted in a net outflow of -48,004,316.84, a decrease of 345.35% compared to the previous period[17] - The company reported a cash and cash equivalents net decrease of -55,240,541.63, a decline of 364.04% compared to the previous year[17] - The net cash flow from operating activities is -¥6,236,224.79, a decrease from a positive cash flow of ¥1,355,257.21 in the previous period[41] - The net cash flow from investing activities is -¥48,004,316.84, compared to a positive cash flow of ¥19,565,890.95 in the previous period[42] - The net increase in cash and cash equivalents was -$55,278,502.35, compared to an increase of $18,519,610.16 in the previous period[45] Assets and Liabilities - Total assets at the end of the reporting period were CNY 743,475,301.29, a decrease of 0.89% compared to the end of the previous year[6] - The company's current assets totaled CNY 373,975,507.15, slightly down from CNY 381,909,527.25 at the start of the year[25] - The total liabilities decreased to CNY 75,104,345.71 from CNY 80,793,776.62 at the beginning of the year, indicating a reduction in financial obligations[27] - The company's cash and cash equivalents were CNY 222,142,334.18, down from CNY 277,382,875.81 at the beginning of the year, reflecting a decrease of approximately 20%[25] - Accounts receivable stood at CNY 11,402,621.01, a slight decrease from CNY 11,576,897.72, indicating stable collection performance[25] - Inventory decreased to CNY 5,559,253.89 from CNY 7,363,076.60, showing a reduction of approximately 24.5%[25] - The company's equity attributable to shareholders was CNY 665,919,575.12, down from CNY 666,607,804.35, reflecting a minor decline[27] - The company reported a total of CNY 29,243,724.03 in non-current liabilities, which remained relatively stable compared to CNY 29,268,760.07 at the beginning of the year[27] Shareholder Information - The total number of shareholders at the end of the reporting period was 20,010[10] - The largest shareholder, Shenzhen Derong Investment Co., Ltd., held 40,500,000 shares, accounting for 17.15% of the total shares[10] - The company has committed to not selling more than 5% of its total shares within the next 12 months, ensuring shareholder value protection[23] - The company has not indicated any significant changes in net profit expectations for the upcoming reporting period[23] Expenses and Costs - Operating costs rose to CNY 6,690,010.01, reflecting an 84.23% increase from CNY 3,631,271.91 in the prior year, primarily due to increased cement sales volume[14] - The company's management expenses increased by 32.94% to CNY 3,708,105.55, largely due to the consolidation of the holding company's financial statements[14] - The total operating expenses for the current period are ¥14,733,514.49, compared to ¥5,941,650.74 in the previous period, reflecting increased costs[41] Investment Income - Non-recurring gains and losses totaled CNY 605,818.73, primarily from investment income on financial products[9] - Investment income decreased by 93.35% to CNY 1,837,824.77, with no similar income items reported in the current period[14] - The company reported an investment income of CNY 1,837,824.77, a significant decrease from CNY 27,619,796.50 in the previous year[34] - The company reported an actual investment income of 601,653.55 from cash management products with an expected annual yield of 5.5%-6.5%[21] Other Information - The company reported a significant increase in other receivables, which rose by 72.94% to CNY 1,117,881.10 from CNY 646,405.29[13] - Other current assets increased by 143.53% to CNY 82,800,000.00, attributed to higher purchases of bank wealth management products[13] - The company reported a significant increase in the purchase of goods and services, totaling 4,602,827.88, which is an increase of 83.39% year-over-year[16] - The payment of various taxes reached 5,254,041.92, reflecting a substantial increase of 14,169.91% compared to the same period last year[16] - The company entered into a power supply contract with Yunnan Baoshan Electric Power Co., Ltd., with a transaction amount of 825,847.20 during the reporting period[18] - The company has ongoing litigation regarding a contract dispute, with a claim amount of 4,625,507.55, which is still in the execution process[19]