XJJW(SH:600888)2016-04-27 16:00Financial Performance - Operating revenue decreased by 4.23% to CNY 1,447,616,201.59 year-on-year[7] - Net profit attributable to shareholders decreased by 42.90% to CNY 9,761,506.15 compared to the same period last year[7] - Basic and diluted earnings per share decreased by 43.07% to CNY 0.0152[7] - The company's net profit for Q1 2016 was 9,762,114.12 RMB, a decrease of 43.88% compared to 17,395,265.99 RMB in Q1 2015[16] - Total profit for the period was 11,999,460.63 RMB, down 39.94% from 19,978,565.36 RMB in Q1 2015[16] - Earnings per share for Q1 2016 were CNY 0.0152, down from CNY 0.0267 in Q1 2015[33] - The total comprehensive income for Q1 2016 was CNY 9,566,886.12, down from CNY 17,303,261.99 in the same period last year[33] Cash Flow - The net cash flow from operating activities was negative at CNY -579,047,981.26, an improvement from CNY -634,394,897.29 in the previous year[7] - Cash inflow from operating activities totaled CNY 1,343,484,757.03, slightly down from CNY 1,349,568,455.20 in the previous period, reflecting a decrease of 0.2%[39] - Cash outflow from operating activities was CNY 1,922,532,738.29, compared to CNY 1,983,963,352.49 in the prior period, indicating a decrease of 3.1%[39] - Cash inflow from financing activities amounted to CNY 388,074,478.43, down from CNY 487,723,625.73 in the previous period, a decline of 20.5%[40] - Net cash flow from financing activities increased to CNY 117,732,831.33, compared to CNY 30,527,487.74 in the prior period, showing a significant improvement[40] - The company reported a net cash flow from investment activities of negative CNY 6,917,996.51, an improvement from negative CNY 156,648,535.18 year-over-year[39] - The company experienced a net decrease in cash and cash equivalents of CNY 468,792,320.87, compared to a decrease of CNY 760,393,671.05 in the previous period, reflecting a reduction of 38.3%[40] Assets and Liabilities - Total assets increased by 3.62% to CNY 9,280,289,459.96 compared to the end of the previous year[7] - Cash and cash equivalents decreased by 33.45% to CNY 933,702,462.56 due to payments for raw material purchases[13] - Accounts receivable increased by 68.24% to CNY 848,944,067.64, primarily due to trade business[13] - Total liabilities rose to CNY 6,008,298,573.94 from CNY 5,701,946,853.18, reflecting an increase of about 5.4%[24] - Current liabilities increased to CNY 3,003,368,446.38 from CNY 2,732,511,236.59, indicating a growth of approximately 9.9%[24] - Shareholders' equity increased to CNY 3,271,990,886.02 from CNY 3,254,434,429.74, reflecting a growth of about 0.5%[24] Investment and Expenses - Investment income rose by 30.39% to 11,013,744.83 RMB, primarily due to increased profits from subsidiaries[16] - Sales expenses decreased by 48.30% to 13,306,040.50 RMB, attributed to adjustments in product structure and reduced sales volume of low-value-added products[15] - The company’s long-term payables rose by 99.85% to 99,643,639.00 RMB, attributed to a signed investment contract with a development bank[14] - Prepayments increased significantly by 472.85% to 509,107,465.10 RMB, mainly due to advance payments for trade and procurement of raw materials[14]