HAGG(SH:601177)2015-04-28 16:00Financial Performance - Operating revenue decreased by 12.50% to CNY 391,871,094.71 year-on-year[7] - The net profit attributable to shareholders decreased by 11.25% to CNY 5,060,251.53[7] - The company's basic and diluted earnings per share decreased by 11.89% to CNY 0.0126[7] - Net profit for Q1 2015 was CNY 4,580,882.67, a decline of 26.2% from CNY 6,212,229.19 in Q1 2014[22] - The profit attributable to the parent company's shareholders was CNY 5,060,251.53, down 11.3% from CNY 5,701,874.05 in the previous year[22] - Operating profit for Q1 2015 was CNY 1,318,941.88, a decrease of 9.0% from CNY 1,449,777.71 in Q1 2014[22] - Total operating revenue for Q1 2015 was CNY 391,871,094.71, a decrease of 12.5% compared to CNY 447,865,516.63 in the same period last year[21] - Total operating costs for Q1 2015 were CNY 399,999,493.90, down 13.0% from CNY 459,810,997.12 year-over-year[21] - Investment income for Q1 2015 was CNY 9,447,341.07, down from CNY 13,395,258.20 in the same period last year[21] Asset and Liability Overview - Total assets increased by 3.18% to CNY 4,045,502,063.46 compared to the end of the previous year[7] - Total assets increased to CNY 4,045,502,063.46 from CNY 3,920,796,292.22, representing a growth of approximately 3.2% year-over-year[17] - Current assets totaled CNY 1,857,178,278.76, up from CNY 1,728,877,021.00, indicating an increase of about 7.4%[17] - Total liabilities amounted to CNY 2,200,720,509.66, compared to CNY 2,080,473,085.85, showing an increase of approximately 5.8%[16] - Current liabilities totaled CNY 1,584,073,269.46, up from CNY 1,460,198,288.96, indicating a growth of about 8.5%[16] - The company's equity attributable to shareholders reached CNY 1,741,272,735.06, slightly up from CNY 1,736,315,018.77, reflecting a marginal increase of about 0.3%[17] Cash Flow Analysis - Net cash flow from operating activities was negative at CNY -46,294,517.94, a decrease of 234.51% compared to the same period last year[12] - Cash inflow from operating activities totaled CNY 355,433,667.30, while cash outflow was CNY 401,728,185.24, resulting in a net cash outflow of CNY 46,294,517.94[25] - Cash inflow from investing activities was CNY 2,906,440.20, while cash outflow was CNY 32,224,189.48, leading to a net cash outflow of CNY 29,317,749.28[26] - Cash inflow from financing activities reached CNY 737,542,000.00, significantly higher than CNY 71,004,827.60 in the previous year, marking an increase of approximately 938.5%[26] - Net cash flow from financing activities was positive CNY 96,300,531.03, compared to negative CNY 54,282,517.69 in Q1 2014[26] - The ending balance of cash and cash equivalents as of March 31, 2015, was CNY 158,821,911.97, an increase from CNY 115,735,410.29 at the end of Q1 2014[26] - The company reported a significant increase in cash inflow from loans, totaling CNY 414,500,000.00 in Q1 2015, compared to CNY 62,870,227.60 in Q1 2014[26] - The company’s cash and cash equivalents increased by CNY 20,231,227.64 during the quarter, contrasting with a decrease of CNY 49,787,119.53 in the same period last year[26] Shareholder Information - The number of shareholders totaled 20,877 at the end of the reporting period[9] Impairment and Earnings - The company reported an asset impairment loss of CNY -14,907,485.78, a significant increase of 282.94% year-on-year[12] - The company reported a significant asset impairment loss of CNY -14,907,485.78, contrasting with a gain of CNY 8,148,784.09 in the previous year[21] - Total comprehensive income for Q1 2015 was CNY 3,200,089.35, compared to CNY 2,316,361.23 in Q1 2014, representing an increase of approximately 38.1%[25] - Basic and diluted earnings per share for Q1 2015 were CNY 0.0081, up from CNY 0.0058 in Q1 2014, indicating a growth of 39.7%[25]