HYMD(SH:600971)2014-04-28 16:00Financial Performance - Operating revenue for the first quarter was approximately ¥1.82 billion, representing a decline of 3.92% year-on-year [12]. - Net profit attributable to shareholders was approximately ¥42.21 million, down 67.83% from the previous year [12]. - Basic earnings per share were ¥0.04, reflecting a decrease of 69.23% year-on-year [12]. - Operating profit declined by 69.58% to ¥49,970,256.69 as the coal market experienced a downturn [22]. - The company's revenue for the current period is $1,811,387,957.03, a decrease of 4.3% compared to $1,888,892,183.77 in the previous period [39]. - Operating profit for the current period is $7,976,906.79, significantly down from $164,215,161.18 in the previous period, indicating a decline of approximately 95.1% [39]. - Net profit for the current period is $5,670,829.26, compared to $136,659,357.82 in the previous period, reflecting a decrease of about 95.8% [40]. - Basic earnings per share for the current period is $0.04, down from $0.13 in the previous period, representing a decline of 69.2% [38]. - The company reported a total operating cost of $1,605,312,326.68, which is an increase from $1,525,796,296.41 in the previous period, indicating a rise of approximately 5.8% [39]. - Financial expenses for the current period are $24,133,486.08, up from $12,151,210.02 in the previous period, reflecting an increase of about 98.5% [39]. - The company has a total comprehensive income of $47,130,441.93 for the current period, down from $136,175,359.65 in the previous period, a decrease of approximately 65.4% [38]. Cash Flow - Cash flow from operating activities was approximately ¥198.04 million, a decrease of 31.06% compared to the same period last year [12]. - Cash flow from operating activities for the current period is $198,044,906.29, down from $287,282,921.91 in the previous period, a decrease of approximately 30.9% [42]. - The company incurred a net cash outflow from investing activities of $209,409,799.78, compared to a net outflow of $590,263,813.14 in the previous period [42]. - Cash inflow from financing activities increased to $80,000,000.00, compared to $30,000,000.00 in the previous period [45]. - Net cash flow from financing activities was -$24,288,839.56, a decline from $16,506,890.11 in the prior period [45]. - Cash inflow from sales of goods and services was $2,026,209,768.07, slightly down from $2,039,075,901.17 [44]. - Total cash outflow for operating activities was $1,881,906,601.05, an increase from $1,841,774,852.23 in the previous period [44]. - The ending cash and cash equivalents balance was $650,660,885.12, up from $291,012,349.96 in the previous period [45]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥13.36 billion, a decrease of 0.39% compared to the end of the previous year [12]. - Total current assets increased to ¥3,697,555,550.62 from ¥3,610,315,864.47, representing a growth of approximately 2.4% [30]. - Total non-current assets decreased to ¥9,615,765,473.31 from ¥9,755,747,390.73, a decline of about 1.4% [31]. - Total liabilities decreased slightly to ¥6,178,303,197.39 from ¥6,215,517,148.44, a reduction of approximately 0.6% [32]. - Total equity decreased to ¥7,135,017,826.54 from ¥7,150,546,106.76, a decline of about 0.2% [32]. - Short-term borrowings increased to ¥460,000,000.00 from ¥443,000,000.00, an increase of approximately 3.8% [32]. - Total current liabilities increased to ¥4,019,232,400.90 from ¥4,015,412,084.51, a slight increase of about 0.04% [32]. Shareholder Information - The total number of shareholders at the end of the reporting period was 61,803 [16]. - The largest shareholder, Anhui Wanbei Coal Electricity Group Co., Ltd., held 29.96% of the shares, totaling 599,615,741 shares [16]. Inventory and Receivables - Accounts receivable decreased by 30.27% to ¥1,315,611,078.45 due to a reduction in bill collections [22]. - Accounts receivable increased by 193.50% to ¥809,144,616.90 as coal payment recoveries decreased [22]. - Inventory rose by 62.99% to ¥376,299,269.44 due to an oversupply in the coal market [22]. - The company reported a significant increase in other receivables, rising to ¥61,265,716.26 from ¥57,447,233.64, an increase of approximately 6.4% [30].