CHIFENG GOLD(SH:600988)2016-04-29 16:00Financial Performance - Operating revenue rose by 69.70% to CNY 337,518,079.48 year-on-year[4] - Net profit attributable to shareholders decreased by 18.56% to CNY 15,890,499.43 compared to the same period last year[4] - Operating revenue for the first quarter increased by 69.70% year-on-year to RMB 337,518,079.48, up from RMB 198,889,434.87[13] - Operating costs rose by 56.31% year-on-year to RMB 245,818,772.83, compared to RMB 157,259,806.27 in the previous period[13] - The company reported a decrease in income tax expenses by 84.73% to RMB 1,700,987.57, down from RMB 11,138,709.11[13] - Operating profit decreased to ¥13,670,102.78 from ¥29,254,136.81, reflecting a decline of approximately 53.3%[33] - Net profit for the current period was ¥17,934,972.25, down from ¥19,513,095.10, which is a decrease of about 8.1%[33] - Earnings per share (EPS) for the current period was ¥0.02, compared to ¥0.03 in the previous period, showing a decline of 33.3%[34] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 189,106,918.17, worsening by 9.42% year-on-year[4] - Cash received from sales of goods and services increased by 49.54% to RMB 215,588,814.76, up from RMB 144,171,280.90[16] - The company’s cash flow from financing activities decreased by 49.69% to RMB 76,924,917.13, down from RMB 152,912,978.33[16] - The cash flow from operating activities generated a net outflow of ¥189,106,918.17, worsening from a net outflow of ¥172,823,016.86 in the previous period[40] - The company reported a total cash outflow from investment activities of CNY 64,775,178.36, compared to CNY 22,959,522.58 in the previous year, indicating increased investment activity[41] - The cash inflow from financing activities included CNY 63,000,000.00 from loans and CNY 76,924,917.13 from other financing activities[41] Assets and Liabilities - Total assets increased by 8.89% to CNY 3,734,731,490.75 compared to the end of the previous year[4] - Total liabilities amounted to CNY 1,523,472,018.33, up from CNY 1,241,016,730.56, marking an increase of approximately 22.7%[25] - Owner's equity reached CNY 2,211,259,472.42, compared to CNY 2,188,796,608.78, showing a growth of about 1.0%[25] - Current assets rose to CNY 1,615,948,655.88, up from CNY 1,345,687,806.19, indicating an increase of about 20%[23] - Long-term liabilities increased to CNY 257,656,446.51 from CNY 204,206,141.51, reflecting a growth of approximately 26.2%[25] - The company's retained earnings showed a slight increase to CNY 497,890,968.12 from CNY 482,000,468.69, which is an increase of about 3.0%[25] Shareholder Information - The number of shareholders reached 78,586 at the end of the reporting period[7] Inventory and Receivables - Accounts receivable increased by 200.95% to CNY 131,031,779.86 compared to the beginning of the period[9] - Inventory increased by 51.99% to CNY 1,010,144,619.35 compared to the beginning of the period[9] - Inventory at the end of the period rose to RMB 1,010,144,619.35, an increase from RMB 664,592,610.71 at the beginning of the period[22] - Construction in progress increased by 91.26% to CNY 280,767,644.19 compared to the beginning of the period[9] Investment Performance - The fair value change income decreased by 170.12%, resulting in a loss of RMB 11,809,810.00 compared to a gain of RMB 16,841,290.00 in the previous period[13] - Investment losses increased to ¥16,284,922.68 from ¥2,534,859.56, indicating a significant deterioration in investment performance[33]