恒立液压(601100) - 2015 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders of the listed company was CNY 5,451,701.49, down 85.09% year-on-year[6] - Operating revenue for the period was CNY 260,959,984.46, representing a decrease of 10.08% compared to the same period last year[6] - The company reported a significant decrease in net profit after deducting non-recurring gains and losses, resulting in a net loss of CNY 902,948.24[6] - Net profit dropped by 86.08% to ¥4,991,710.71 from ¥35,856,759.54, primarily due to decreased sales volume and revenue in the construction machinery sector[14] - Operating profit fell by 94.05% to ¥2,292,278.71 from ¥38,551,339.69, driven by a decline in gross sales margin[14] - Investment income decreased by 47.94% to ¥2,456,474.62 from ¥4,718,789.04, resulting from lower returns on financial products[14] - Net profit for Q1 2015 was CNY 4,991,710.71, down 86.06% from CNY 35,856,759.54 in Q1 2014[26] - The profit attributable to the parent company's shareholders for Q1 2015 was CNY 5,451,701.49, a decrease of 85.12% from CNY 36,559,822.53 in the previous year[26] Cash Flow - The net cash flow from operating activities was CNY 24,519,361.63, a decline of 60.65% year-on-year[6] - Cash received from operating activities related to other income dropped by 83.54% to ¥5,470,108.60 from ¥33,242,620.28, mainly due to a significant decline in government subsidies[14] - Operating cash flow for Q1 2015 was CNY 24,519,361.63, down from CNY 62,313,497.83 in Q1 2014, indicating a decrease of about 60%[32] - Total cash and cash equivalents at the end of Q1 2015 amounted to CNY 478,904,848.87, compared to CNY 844,032,429.56 at the end of Q1 2014, reflecting a decline of approximately 43%[33] - The net cash flow from investment activities was CNY 19,757,611.42, down from CNY 76,541,453.84 in the previous year, indicating a decrease of about 74%[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,054,053,806.25, a decrease of 0.13% compared to the end of the previous year[6] - Total liabilities decreased to CNY 567,819,022.03 from CNY 579,899,740.21, showing a reduction of about 2.1%[20] - The company's total current assets decreased to CNY 1,649,882,106.72 from CNY 1,697,142,746.04, reflecting a decline of approximately 2.8%[18] - Total liabilities for Q1 2015 were CNY 401,986,228.52, a decrease of 2.13% from CNY 412,866,526.97 in the previous year[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 11,445[10] - The largest shareholder, Changzhou Hengyi Industrial Investment Co., Ltd., held 42.00% of the shares[10] - The company plans to extend the lock-up period for major shareholders by 24 months until October 28, 2016, to prevent share transfers during this period[15] Government Subsidies - The company received government subsidies amounting to CNY 4,227,897.24, which are related to normal business operations[6] - Cash inflow from operating activities totaled CNY 324,373,093.48, down 8.5% from CNY 354,641,574.58 in the previous year[32] Inventory and Receivables - Accounts receivable decreased by 36.00% to ¥122,733,974.88 from ¥191,775,113.75 due to increased collection of commercial acceptance bills[13] - Prepayments increased significantly by 94.22% to ¥56,268,921.14 from ¥28,971,553.03, attributed to higher advance payments for materials[13] - Inventory levels increased to CNY 467,229,302.38 from CNY 458,601,458.68, reflecting a growth of approximately 1.4%[18]