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北矿科技(600980) - 2015 Q1 - 季度财报
BGRIMMTECBGRIMMTEC(SH:600980)2015-04-24 16:00

Financial Performance - Net profit attributable to shareholders increased by 4.73% to CNY 1,557,634.64 year-on-year[7] - Operating revenue rose by 10.88% to CNY 52,023,998.74 compared to the same period last year[7] - Basic earnings per share increased by 5.26% to CNY 0.0120 per share[7] - The net profit after deducting non-recurring gains and losses increased by 1.46% to CNY 1,453,686.37 year-on-year[7] - Net profit for Q1 2015 reached CNY 1,557,634.64, slightly higher than CNY 1,512,446.03 in Q1 2014, indicating a growth of 3%[26] - The basic and diluted earnings per share for Q1 2015 were both CNY 0.0120, compared to CNY 0.0114 in the previous year, representing a growth of 5.3%[27] Assets and Liabilities - Total assets increased by 1.08% to CNY 313,407,414.08 compared to the end of the previous year[7] - Total assets as of March 31, 2015, amounted to CNY 316,488,176.86, compared to CNY 311,329,530.53 at the beginning of the year, showing an increase of 1.3%[24] - Total liabilities increased to CNY 94,558,483.44 from CNY 86,774,019.61, representing a rise of 9.5%[24] - The company's equity attributable to shareholders was CNY 221,929,693.42, down from CNY 224,555,510.92, indicating a decrease of 1.5%[24] Cash Flow - The net cash flow from operating activities was negative at CNY -13,618,214.63, compared to CNY -7,912,687.51 in the previous year[7] - Operating cash flow showed a net outflow of ¥13,618,214.63, worsening from a previous outflow of ¥7,912,687.51 due to increased payments for raw materials[14] - The company reported a total cash outflow from operating activities of ¥54,962,580.24 in Q1 2015, down from ¥65,876,110.72 in Q1 2014[33] - Cash and cash equivalents decreased by 41.56% to ¥32,507,766.31 from ¥55,622,712.73 due to increased payments for project costs[13] - The company experienced a substantial decline in cash and cash equivalents compared to the previous year's ending balance of $22,218,028.77[37] - The cash flow from financing activities showed a stark contrast compared to the previous period, which had a net inflow of $5,746,716.55[37] Shareholder Information - The number of shareholders reached 18,502 at the end of the reporting period[11] - The largest shareholder, Beijing General Research Institute of Mining & Metallurgy, holds 40.00% of the shares[11] Government Subsidies and Other Income - Government subsidies recognized in the current period amounted to CNY 61,714.74[6] - The company reported a significant increase in other income, with a rise of 247.78% to ¥214,632.36 from ¥61,714.74, mainly from government subsidies[13] Investment Activities - Investment cash flow net outflow increased to ¥9,496,730.79 from ¥2,032,900.11, primarily due to fixed asset investments[14] - Investment activities resulted in a net cash outflow of ¥9,496,730.79 in Q1 2015, compared to a net outflow of ¥2,032,900.11 in the previous year[33] - The company plans to actively promote a non-public stock issuance to support future growth initiatives[15] Accounts Receivable and Inventory - Accounts receivable increased by 47.98% to ¥57,992,514.12 from ¥39,190,275.95, attributed to higher sales and reduced cash collections[13] - Inventory levels rose to CNY 29,368,714.48 from CNY 25,477,796.66, reflecting a 15.1% increase[23] Financial Challenges - The company reported a negative cash flow trend, indicating potential liquidity challenges moving forward[37] - The financial results reflect a need for strategic adjustments in investment and financing activities to improve cash flow stability[37]