Befar(SH:601678)2015-04-15 16:00Financial Performance - Operating revenue decreased by 16.42% to CNY 1,193,599,866.40 compared to the same period last year[7] - Net profit attributable to shareholders decreased by 11.58% to CNY 125,554,841.24 compared to the same period last year[7] - Basic earnings per share decreased by 7.14% to CNY 0.13 compared to the same period last year[7] - Total operating revenue for Q1 2015 was CNY 1,193,599,866.40, a decrease of 16.4% compared to CNY 1,428,129,025.81 in the same period last year[30] - Net profit for Q1 2015 was CNY 120,608,275.31, a decline of 15.0% compared to CNY 141,783,801.38 in Q1 2014[31] - The company's operating revenue for the current period is approximately ¥806.81 million, a decrease of 14.2% compared to ¥940.76 million in the previous period[34] - Net profit for the current period is ¥286.86 million, representing a 28.9% increase from ¥222.57 million in the previous period[34] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -65,128,684.63, a decrease of 157.53% compared to the same period last year[7] - Net cash flow from operating activities decreased by 157.53% year-on-year, mainly due to a significant increase in accounts receivable and notes receivable[16] - Cash flow from operating activities shows a net outflow of ¥65.13 million, a significant decline from a net inflow of ¥113.21 million in the previous period[38] - Cash flow from investing activities resulted in a net outflow of ¥117.15 million, compared to a larger outflow of ¥469.95 million in the previous period[38] - The net cash flow from investing activities was $115,559,457.62, compared to a negative cash flow of $295,855,183.40 in the previous period[40] - The net cash flow from financing activities was negative at -$4,657,592.87, compared to a positive $71,231,978.08 previously[40] Assets and Liabilities - Total assets increased by 2.17% to CNY 7,193,849,332.18 compared to the end of the previous year[7] - Total liabilities as of March 31, 2015, were CNY 2,657,707,807.72, up from CNY 2,512,568,800.92 at the beginning of the year[23] - Non-current liabilities due within one year increased by 48.39% from December 31, 2014, due to the reclassification of long-term borrowings[16] - Total liabilities rose to CNY 2,442,396,843.83, an increase of 15.1% from CNY 2,121,255,345.75 in Q1 2014[27] - The total current assets amounted to CNY 1,034,870,280.88, an increase of 43.0% from CNY 723,886,262.15 in Q1 2014[27] Equity and Dividends - The company’s total equity as of March 31, 2015, was CNY 4,536,141,524.46, slightly up from CNY 4,528,360,716.56 at the beginning of the year[23] - Dividends payable increased by CNY 112.2 million compared to December 31, 2014, due to an increase in declared but unpaid dividends[13] Investment Income - Investment income for Q1 2015 surged by 198.94% compared to the same period last year, attributed to higher returns from financial products[15] - The company reported an investment income of CNY 2,900,326.96, compared to CNY 970,208.89 in Q1 2014, indicating a significant increase[31] - Investment income for the current period is approximately ¥231.62 million, up 52.7% from ¥151.77 million in the previous period[34] - The company has reported a significant increase in sales revenue from investment activities, with cash inflow of ¥790 million from recovered investments, compared to ¥30 million in the previous period[38] Other Financial Metrics - Cash flow from financing activities generated a net inflow of ¥19.65 million, down from ¥225.93 million in the previous period[39] - The company reported cash and cash equivalents at the end of the period amounting to ¥383.69 million, an increase from ¥324.23 million in the previous period[39] - The ending balance of cash and cash equivalents was $228,371,929.02, up from $76,734,091.09 in the prior period[40] - The total comprehensive income for the current period is ¥281.71 million, compared to ¥223.45 million in the previous period, reflecting a growth of 26.0%[35]