ZJHM(SH:600987)2015-04-20 16:00Financial Performance - Operating income fell by 7.65% to CNY 600,626,243.91 from CNY 650,346,363.23 in the same period last year[6] - Net profit attributable to shareholders increased by 24.85% to CNY 77,905,957.51, up from CNY 62,399,477.14 year-on-year[6] - Basic and diluted earnings per share increased by 25.51% to CNY 0.123 from CNY 0.098[6] - Total operating revenue for Q1 2015 was CNY 600,626,243.91, a decrease of 7.5% compared to CNY 650,346,363.23 in the same period last year[24] - Net profit for Q1 2015 was CNY 92,305,725.26, up 24.3% from CNY 74,164,990.44 in Q1 2014[25] - Earnings per share increased to CNY 0.123 from CNY 0.098, representing a growth of 25.5%[26] - Total comprehensive income for the first quarter of 2015 was CNY 108,141,029.24, compared to CNY 43,654,305.17 in the previous period, indicating a significant increase[28] Asset and Liability Changes - Total assets decreased by 5.43% to CNY 3,634,276,847.11 compared to the end of the previous year[6] - The company's cash and cash equivalents decreased from ¥920,883,983.96 to ¥819,298,041.86, a decline of approximately 11.5%[16] - The total current liabilities decreased from ¥802,897,439.07 to ¥529,376,713.35, a reduction of approximately 34%[17] - Non-current assets increased from ¥1,762,304,553.45 to ¥1,796,634,724.54, showing an increase of about 1.9%[17] - The company's total liabilities decreased from ¥1,130,139,694.19 to ¥859,510,651.41, a reduction of approximately 24%[18] - Total assets decreased to CNY 2,262,707,368.13 from CNY 2,464,215,848.14, a decline of 8.2%[22] - Total liabilities decreased to CNY 436,809,753.25 from CNY 746,459,262.50, a reduction of 41.5%[22] - Owner's equity increased to CNY 1,825,897,614.88 from CNY 1,717,756,585.64, reflecting a growth of 6.3%[22] Cash Flow Analysis - Cash flow from operating activities rose by 41.11% to CNY 165,142,713.63 compared to CNY 117,027,643.51 in the previous year[6] - Net cash flow from operating activities was CNY 165,142,713.63, up from CNY 117,027,643.51 year-over-year, reflecting improved operational efficiency[31] - Cash inflow from operating activities totaled CNY 632,340,657.46, while cash outflow was CNY 467,197,943.83, resulting in a net cash inflow of CNY 165,142,713.63[31] - Cash flow from investing activities generated a net inflow of CNY 51,146,594.22, a turnaround from a net outflow of CNY 19,195,779.61 in the previous year[31] - Cash flow from financing activities resulted in a net outflow of CNY 325,045,250.00, compared to a net outflow of CNY 32,052,057.80 in the same period last year[32] - The ending balance of cash and cash equivalents was CNY 806,948,041.81, down from CNY 915,703,983.96 at the beginning of the period[32] Shareholder Information - The number of shareholders reached 22,568 at the end of the reporting period[8] - The largest shareholder, Zhejiang Hangmin Industrial Group Co., Ltd., holds 32.12% of the shares[8] Operational Efficiency - Significant decrease in interest receivables by 43.83% due to the recovery of loan interest[11] - Construction in progress decreased by 30.80% as a result of transfers to fixed assets[11] - The company's net profit for the period was impacted by a 36.13% decrease in non-operating income, dropping from ¥3,974,374.89 to ¥2,538,385.35[16] - The impairment loss on assets significantly decreased by 111.86%, from ¥929,454.99 to -¥110,189.90, indicating improved asset management[16] - The company paid CNY 293,130,199.58 for goods and services, down from CNY 384,818,124.66 in the previous period, reflecting cost control measures[31] Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters[1]