YILI(SH:600887)2015-04-24 16:00Financial Performance - Operating revenue for the year-to-date reached CNY 14.99 billion, a 14.35% increase year-on-year[7] - Net profit attributable to shareholders increased by 20.16% to CNY 1.30 billion compared to the same period last year[7] - Basic earnings per share rose by 22.86% to CNY 0.43 per share compared to the same period last year[7] - The company anticipates continued growth in profits, supported by strategic investments and market expansion initiatives[19] - Total operating revenue for Q1 2015 reached ¥14,992,235,739.64, an increase of 14.36% compared to ¥13,110,483,521.82 in the same period last year[28] - Net profit for Q1 2015 was ¥1,310,314,839.85, up 20.49% from ¥1,087,975,791.04 in Q1 2014[29] - Operating profit for the quarter was ¥1,479,848,822.75, representing a growth of 26.00% compared to ¥1,174,266,825.70 in the previous year[28] - Earnings per share for Q1 2015 were ¥0.43, compared to ¥0.35 in the same quarter last year, reflecting a 22.86% increase[29] - The comprehensive income for Q1 2015 was ¥1,312,951,317.43, compared to ¥1,047,539,169.81 in Q1 2014, marking a growth of 25.38%[29] Assets and Liabilities - Total assets increased by 3.09% to CNY 40.71 billion compared to the end of the previous year[7] - Current assets rose to CNY 21.86 billion, up from CNY 21.00 billion, indicating an increase of about 4.1%[22] - Cash and cash equivalents increased to CNY 14.66 billion from CNY 14.27 billion, a growth of approximately 2.7%[22] - Accounts receivable grew to CNY 678.23 million, up from CNY 513.02 million, reflecting a significant increase of about 32.3%[22] - Total liabilities increased significantly, with a notable rise in short-term borrowings, leading to a cash outflow of ¥3,870,620,122.12 for debt repayment[18] - Total liabilities decreased slightly to CNY 20.59 billion from CNY 20.67 billion, a reduction of about 0.4%[23] - Short-term borrowings decreased to CNY 7.50 billion from CNY 8.07 billion, a decline of approximately 7.1%[23] - Owner's equity increased to CNY 20.13 billion from CNY 18.82 billion, representing a growth of about 6.9%[23] Cash Flow - Net cash flow from operating activities was CNY 2.15 billion, a significant improvement from a negative CNY 1.68 billion in the previous year[7] - Cash flow from operating activities generated a net amount of CNY 2.15 billion, a significant recovery from a negative cash flow of CNY 1.68 billion in the previous year[32] - Total cash and cash equivalents at the end of Q1 2015 were CNY 12.86 billion, compared to CNY 7.89 billion at the end of Q1 2014, reflecting a year-on-year increase of 63.1%[33] - The cash inflow from sales of goods and services reached ¥15,708,029,596.77, an increase of 20.5% compared to ¥13,069,535,912.79 in the same period last year[34] - The net cash flow from operating activities was ¥415,676,870.71, a significant decrease of 64.5% from ¥1,172,354,759.12 in the previous year[34] - Cash inflow from financing activities amounted to ¥2,706,204,476.76, with a net cash flow of ¥127,607,957.22, compared to a negative cash flow of -¥873,529,743.17 last year[34] Shareholder Information - The total number of shareholders reached 114,514 at the end of the reporting period[10] - The top shareholder, Hohhot Investment Co., Ltd., holds 285,265,413 shares, representing 9.31% of the total shares[10] Expenses and Impairments - Operating tax and additional charges rose by 71.37% to ¥100,108,512.58, driven by an increase in value-added tax payable[14] - Financial expenses surged significantly due to increased bank borrowings and the previous year's lower financial costs[15] - Asset impairment losses skyrocketed by 755.93% to ¥17,088,492.94, mainly due to increased bad debt provisions from rising receivables[15] - The company's sales expenses rose to ¥3,183,353,367.31, an increase of 17.00% from ¥2,721,402,322.84 in the previous year[28] - The company incurred operating costs of CNY 11.19 billion, which is an increase of 9.2% from CNY 10.25 billion in the previous year[30]