陕西煤业(601225) - 2015 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 12.48% to CNY 858,402.71 million year-on-year[6] - Net profit attributable to shareholders was CNY -29,104.73 million, a decline of 148.56% compared to the same period last year[6] - Basic earnings per share were CNY -0.03, a decrease of 150.00% compared to the previous year[7] - The company predicts a potential net profit loss for the year due to a downturn in the coal market and declining prices[24] - Net profit for Q1 2015 was a loss of ¥66,690,765.53, compared to a profit of ¥1,187,786,310.08 in Q1 2014, indicating a significant decline[34] - The net profit attributable to the parent company was a loss of ¥291,047,286.29, down from a profit of ¥599,403,758.81 in the previous year[34] - The overall comprehensive income for Q1 2015 was CNY -21,429,747.27, compared to CNY 33,007,270.54 in Q1 2014, indicating a significant decline in financial performance[36] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -20,213.98 million, worsening by 104.68% year-on-year[6] - Cash received from operating activities fell by 36.62% to ¥91,447,274.03 from ¥144,291,132.81, mainly due to a reduction in various deposits[13] - Cash paid for fixed assets and other long-term assets decreased by 56.63% to ¥648,801,705.00 from ¥1,495,970,000.00, reflecting a slowdown in long-term asset investment[13] - Cash inflow from operating activities totaled $5.65 billion, up from $4.98 billion year-over-year, reflecting a growth of approximately 13.6%[41] - Cash outflow from operating activities decreased to $6.24 billion from $6.74 billion, showing a decline of about 7.4%[41] - The net cash flow from financing activities was -$91.51 million, a significant decline compared to a positive cash flow of $4.86 billion in the previous period[41] Assets and Liabilities - Total assets increased by 3.83% to CNY 9,346,525.13 million compared to the end of the previous year[6] - Total current assets increased to ¥21,118,550,127.07 from ¥19,282,429,799.43, representing a growth of approximately 9.54%[27] - Total non-current assets reached ¥72,346,701,181.82, up from ¥70,739,027,539.74, indicating an increase of about 2.27%[28] - Total liabilities increased to ¥49,637,930,300.52 from ¥46,654,506,581.16, which is an increase of approximately 6.43%[28] - Total owner's equity increased to ¥43,827,321,008.37 from ¥43,366,950,758.01, showing a growth of approximately 1.06%[29] Shareholder Information - The total number of shareholders reached 30,070 at the end of the reporting period[10] - The largest shareholder, Shaanxi Coal and Chemical Industry Group, holds 63.36% of the shares[10] - The company will not reduce its holdings in Shaanxi Coal Industry within 12 months of the lock-up period, with a maximum reduction of 50% of its current holdings at a price not lower than 110% of the issuance price[21] - The company will announce any share reduction plans at least 4 trading days in advance[21] Commitments and Regulatory Compliance - The company has commitments in place to avoid competition with major shareholders for 36 months post-IPO[14] - Shaanxi Coal and Chemical Group committed to not developing any competitive businesses in existing production mines under its control, ensuring exclusive coal sales through Shaanxi Coal Industry[16] - The group will ensure that any related transactions are conducted under equal competitive conditions, protecting the interests of Shaanxi Coal Industry and its shareholders[16] - The group guarantees compensation for losses incurred due to the lack of property ownership certificates within six months of notification[17] - The group will ensure the unconditional renewal of trademark usage agreements, allowing Shaanxi Coal Industry and its subsidiaries to use the trademarks without charge[17] Financial Expenses and Borrowings - Interest payable rose to ¥153,433,193.08, a 67.06% increase from ¥91,843,538.20 due to increased borrowings[13] - Financial expenses increased by 110.81% to ¥237,805,041.27 from ¥112,804,117.82, attributed to interest on increased borrowings[13] - The company reported a cash outflow of $1.01 billion for debt repayment, down from $1.4 billion, showing a reduction of approximately 27.9%[41] - The company received $1.1 billion in borrowings, a decrease from $2.6 billion, indicating a reduction of about 57.7% in financing activities[41]