DTCIC(SH:601001)2015-04-29 16:00Financial Performance - Operating revenue for the period was CNY 1.96 billion, down 4.99% year-on-year[6]. - Net profit attributable to shareholders was a loss of CNY 298.16 million, a decline of 128.70% compared to a profit of CNY 1.04 billion in the same period last year[6]. - The company experienced a significant increase in losses compared to the previous year, indicating challenges in the current market environment[6]. - The company's operating revenue for Q1 2015 was CNY 654,469,650.51, a decrease of 12.75% compared to CNY 750,203,355.48 in the same period last year[28]. - The net profit for Q1 2015 was a loss of CNY 231,139,021.72, compared to a net profit of CNY 1,130,546,785.70 in Q1 2014, indicating a significant decline[27]. - The total profit for Q1 2015 was a loss of CNY 181,894,697.44, contrasting with a profit of CNY 1,194,388,780.76 in the previous year[26]. - The total comprehensive income for Q1 2015 was a loss of CNY 231,139,021.72, compared to a comprehensive income of CNY 1,130,546,785.70 in the same quarter last year[29]. Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -CNY 1.17 billion, a decrease of 69.26% compared to -CNY 692.30 million in the previous year[6]. - The company's operating cash flow for Q1 2015 was negative CNY 1,171,753,899.37, compared to negative CNY 692,299,948.90 in Q1 2014, reflecting worsening cash flow conditions[31]. - The net cash flow from operating activities for Q1 2015 was -1,320,335,032.60 CNY, compared to -1,107,908,722.33 CNY in the previous period, indicating a decline of approximately 19.1%[33]. - Cash and cash equivalents decreased to CNY 4,252,624,310.97 from CNY 5,298,357,568.32, indicating a reduction in liquidity[18]. - Total cash and cash equivalents at the end of Q1 2015 were 2,527,298,757.02 CNY, down from 1,574,808,252.42 CNY in the previous period, reflecting a decrease of about 60.5%[34]. - Cash outflow from operating activities totaled 1,532,649,311.44 CNY, compared to 1,318,393,005.78 CNY in the previous period, marking an increase of about 16.2%[33]. - The cash inflow from operating activities was 212,314,278.84 CNY, slightly up from 210,484,283.45 CNY, indicating a marginal increase of 0.9%[33]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 24.51 billion, a decrease of 0.60% compared to the end of the previous year[6]. - Current assets decreased to CNY 6,450,794,233.18 from CNY 6,874,508,998.03, reflecting a decline of approximately 6.2%[23]. - Total liabilities decreased to CNY 12,386,762,733.22 from CNY 12,402,761,404.25, indicating a marginal reduction[20]. - Non-current liabilities increased to CNY 6,574,370,430.69 from CNY 5,495,946,786.72, representing an increase of approximately 19.6%[20]. - Total equity decreased to CNY 12,120,385,847.40 from CNY 12,252,488,477.62, indicating a decline of about 1.1%[20]. Shareholder Information - The total number of shareholders at the end of the reporting period was 138,782[10]. - The largest shareholder, Datong Coal Mine Group Co., Ltd., held 961.63 million shares, accounting for 57.46% of the total shares[10]. Operational Metrics - Coal production from the parent company was 2.30 million tons, with sales of 1.88 million tons during January to March 2015[9]. - Sales of goods and services decreased by 30.85% to ¥1,345,429,896.96, primarily due to reduced coal sales[13]. - The company anticipates a significant decline in cumulative net profit compared to the previous year, mainly due to last year's gains from the sale of mining assets[14]. Financial Expenses and Costs - Financial expenses rose by 212.58% to ¥68,697,196.37, attributed to increased borrowing interest[13]. - The company's financial expenses increased to CNY 68,697,196.37 in Q1 2015 from CNY 21,977,257.68 in the previous year, indicating rising costs[26]. - The sales expenses for Q1 2015 were CNY 548,231,896.26, up from CNY 511,803,871.04 in Q1 2014, showing an increase in marketing costs[26]. - The company's operating costs for Q1 2015 were CNY 653,833,771.08, a decrease from CNY 760,378,114.51 in Q1 2014, reflecting cost management efforts[28].