Mtalco(SH:601677)2015-04-27 16:00Financial Performance - Operating revenue increased by 13.72% to CNY 1,580,283,532.44 year-on-year[7] - Net profit attributable to shareholders surged by 416.63% to CNY 41,557,560.29 compared to the same period last year[7] - Basic and diluted earnings per share rose by 400% to CNY 0.10[7] - In Q1 2015, the company reported a net profit of CNY 45,383,750.60, an increase of 318.5% compared to CNY 10,862,301.59 in Q1 2014[15] - Operating profit for Q1 2015 was CNY 55,771,858.73, up from CNY 6,247,044.72 in the same period last year, reflecting a significant increase of 790.5%[15] - Total revenue increased, leading to a profit before tax of CNY 57,251,904.27, compared to CNY 14,998,818.92 in Q1 2014, marking a growth of 280.5%[15] - Net profit for Q1 2015 reached CNY 23,002,248.75, significantly up from CNY 1,156,201.73 in the same period last year, representing a growth of 1,885.5%[32] - Operating profit for the quarter was CNY 29,141,152.80, compared to a loss of CNY 936,510.36 in the previous year[32] - The total comprehensive income for Q1 2015 was CNY 23,002,248.75, a substantial increase from CNY 1,156,201.73 in the previous year[33] Cash Flow - Cash flow from operating activities showed a significant decline of 140.49%, resulting in a negative cash flow of CNY -138,070,624.91[7] - The company experienced a decrease in cash flow from operating activities, with a net cash outflow of CNY 138,070,624.91 in Q1 2015, compared to an inflow of CNY 340,977,024.96 in Q1 2014, a decline of CNY 479,047,649.87[16] - Cash inflow from operating activities totaled CNY 1,171,947,410.89, compared to CNY 1,046,848,232.69 in the previous year, indicating a growth of 12.0%[36] - Cash outflow from operating activities totaled CNY 1,310,018,035.80, up from CNY 705,871,207.73 in the previous period[37] - Net cash flow from operating activities was negative at CNY -138,070,624.91, compared to a positive CNY 340,977,024.96 last year[37] Assets and Liabilities - Total assets decreased by 6.51% to CNY 4,888,015,059.67 compared to the end of the previous year[7] - The company's total assets as of March 31, 2015, were CNY 3,182,791,929.30, down from CNY 3,660,031,484.79 at the beginning of the year[21] - Total assets amounted to CNY 3,848,238,921.02, down from CNY 4,117,352,267.24, indicating a decrease of 6.5%[26] - Current liabilities decreased to CNY 1,302,219,048.50 from CNY 1,605,839,056.52, a reduction of 19.0%[26] - Total liabilities were CNY 1,306,445,787.83, down from CNY 1,610,345,703.07, reflecting a decrease of 19.0%[27] - Owner's equity increased to CNY 2,541,793,133.19 from CNY 2,507,006,564.17, showing a growth of 1.4%[27] Shareholder Information - The total number of shareholders reached 23,960 at the end of the reporting period[11] - The largest shareholder, Ma Tingyi, holds 25.35% of the shares, totaling 105,916,800 shares[12] Accounts Receivable and Inventory - Accounts receivable increased by CNY 227,690,413.49 to CNY 588,366,661.56 compared to the end of last year[13] - Accounts receivable increased to CNY 588,366,661.56 from CNY 360,676,248.07, reflecting a rise of 63.1%[21] - Inventory increased to CNY 742,066,913.58 from CNY 632,877,903.79, reflecting a growth of 17.2%[25] - The company’s inventory increased to CNY 1,005,387,883.31 from CNY 962,228,222.50, an increase of 4.5%[21] Investment Income - Non-operating income from government subsidies amounted to CNY 898,500.00[9] - The company reported a significant increase in investment income, reaching CNY 5,774,631.30 in Q1 2015, compared to CNY 1,418,612.09 in Q1 2014, an increase of 307.5%[15] - Investment income for the quarter was CNY 5,281,917.54, a significant increase from CNY 1,160,795.89 in the previous year[32] Financial Management - The company’s financial expenses improved, showing a reduction of CNY 14,464,356.28, resulting in a financial income of CNY -10,342,649.83 in Q1 2015[15] - The financial expenses for the quarter were CNY -7,063,970.97, a decrease from CNY 2,301,105.32 in the previous year, indicating improved financial management[32] Tax and Other Expenses - The company recorded a tax expense of CNY 7,480,749.59 for the quarter, compared to CNY 385,400.57 in the previous year[32]