Baosight(SH:600845)2015-04-22 16:00Financial Performance - Operating revenue for the period was CNY 795,052,559.48, representing a 5.41% increase year-on-year[6] - Net profit attributable to shareholders was CNY 69,245,512.02, up 10.02% from the same period last year[6] - The company achieved a total comprehensive income of RMB 70,943,573.07 in Q1 2015, up from RMB 64,779,071.24 in Q1 2014, marking an increase of 9.3%[27] - Total operating revenue for Q1 2015 was RMB 795,052,559.48, an increase of 5.4% compared to RMB 754,261,425.40 in Q1 2014[26] - Net profit for Q1 2015 reached RMB 70,967,859.49, representing a 9.1% increase from RMB 64,635,527.77 in Q1 2014[26] Cash Flow - Cash flow from operating activities was CNY 26,355,490.96, a significant improvement from a negative CNY 125,087,358.51 in the previous year[6] - Operating cash flow for Q1 2015 was CNY 65,504,807.57, a significant improvement from a negative cash flow of CNY -80,914,723.02 in the same period last year[34] - Total cash inflow from operating activities reached CNY 700,263,176.22, compared to CNY 511,683,225.44 in Q1 2014, reflecting a year-over-year increase of approximately 37%[34] - The net increase in cash and cash equivalents for the quarter was CNY 96,417,608.64, compared to CNY 458,899,974.90 in Q1 2014[35] - The company’s cash flow from financing activities was significantly impacted by a net outflow of CNY -12,564,043.61, compared to a net inflow of CNY 629,672,179.99 in the previous year[34] Assets and Liabilities - Total assets increased by 1.22% to CNY 5,234,706,485.82 compared to the end of the previous year[6] - Total current assets decreased to ¥4,286,610,525.76 from ¥4,333,861,870.93 at the beginning of the year, reflecting a decline of approximately 1.09%[18] - Total liabilities increased to ¥2,638,794,915.76 from ¥2,546,778,532.33, showing a growth of about 3.63%[20] - Owner's equity decreased to ¥2,595,911,570.06 from ¥2,624,883,522.49, a decline of approximately 1.10%[20] - Long-term equity investments increased by 144.90% to CNY 39,063,728.78 due to a new investment of CNY 24.5 million in Shanghai Ouyedata Co., Ltd.[12] Shareholder Information - The number of shareholders reached 23,306, with the top ten shareholders holding 55.50% of the shares[10] - The company reported a 4721.16% increase in payable dividends, totaling CNY 100,397,968.57, reflecting the profit distribution resolution from the previous year[12] Operational Efficiency - The weighted average return on net assets decreased by 0.59 percentage points to 2.68%[6] - The company has committed to ensuring that its subsidiaries do not engage in any business activities that compete with its main business, maintaining a competitive edge[16] - The company has undertaken measures to ensure compliance with legal and regulatory requirements in its related party transactions, promoting fair and reasonable trading practices[16] Inventory and Receivables - Accounts receivable decreased slightly to ¥2,067,255,505.75 from ¥2,074,945,417.46, indicating a reduction of approximately 0.37%[18] - Inventory increased to ¥796,744,548.28 from ¥775,781,670.91, showing an increase of about 2.4%[18] - Accounts receivable increased to ¥1,715,666,333.19 from ¥1,704,942,606.69, reflecting a growth of approximately 0.97%[22] - Inventory slightly decreased to ¥650,294,828.01 from ¥653,258,183.69, a decline of about 0.43%[23] Investment Activities - The net cash flow from investing activities was significantly impacted by the maturity of structured deposits amounting to CNY 130 million[14] - The net cash flow from investing activities improved to ¥28,862,745.56, an increase of ¥124,973,869.28 from -¥96,111,123.72 in the same period last year[15] - Investment activities generated a net cash inflow of CNY 31,263,534.86, recovering from a net outflow of CNY -92,174,720.73 in the previous year[34] - The company received CNY 633,696,765.71 from investment activities, indicating strong capital inflow during the quarter[34]