BAMC(SH:601137)2015-04-27 16:00Financial Performance - Operating revenue for the period was ¥698,047,107.88, reflecting a 5.80% growth year-on-year[6] - Net profit attributable to shareholders was ¥23,128,296.61, up 3.32% from the same period last year[6] - Basic earnings per share increased by 10.00% to ¥0.11 compared to ¥0.10 in the previous year[6] - The company reported a significant increase in prepayments to ¥52,185,270.15 from ¥19,817,076.91, a rise of approximately 163.5%[18] - Total operating revenue for Q1 2015 was CNY 698,047,107.88, an increase of 5.5% compared to CNY 659,780,091.21 in the same period last year[26] - Net profit for Q1 2015 reached CNY 23,128,296.61, representing a 3.3% increase from CNY 22,384,336.40 in Q1 2014[27] - The company recorded a total profit of CNY 26,338,771.84 for Q1 2015, compared to CNY 25,055,061.71 in Q1 2014, marking a 5.1% increase[27] Cash Flow - Net cash flow from operating activities improved significantly, with a net outflow of ¥19,930,823.39, a 79.39% reduction compared to the previous year's outflow[6] - Net cash flow from operating activities improved by 79.39%, moving from a negative CNY 96,706,530.39 to a negative CNY 19,930,823.39, primarily due to reduced working capital requirements[13] - Cash inflow from operating activities was CNY 901,996,687.41, an increase from CNY 759,569,683.83 in Q1 2014[32] - Total cash outflow from operating activities was 907,721,570.85 RMB, up from 738,553,046.34 RMB in the previous period, reflecting increased operational costs[35] - The net cash flow from financing activities changed significantly from positive CNY 115,532,366.30 to negative CNY 45,065,006.43, primarily due to repayment of bank loans[13] - Cash inflow from financing activities was 211,785,000.00 RMB, an increase from 131,000,000.00 RMB in the previous period, indicating stronger financing efforts[36] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,787,759,758.32, a 0.36% increase compared to the previous year[6] - Current assets decreased to ¥1,402,348,562.14 from ¥1,417,133,893.58, a decline of about 1.0%[18] - Total liabilities decreased to ¥771,238,340.31 from ¥784,569,562.45, a decline of approximately 1.7%[20] - Non-current assets totaled ¥1,385,411,196.18, up from ¥1,360,560,558.85, indicating an increase of about 1.8%[19] - The company's total equity rose to ¥2,016,521,418.01 from ¥1,993,124,889.98, reflecting an increase of approximately 1.2%[20] Shareholder Information - The total number of shareholders reached 19,225, indicating a stable shareholder base[10] - The largest shareholder, Bowei Group Co., Ltd., holds 49.47% of shares, with 86,000,000 shares pledged[10] Government Subsidies and Other Income - The company received government subsidies amounting to ¥7,213,219.71, which are closely related to its normal business operations[8] - Non-operating income increased by 54.70% from CNY 4,746,366.78 to CNY 7,342,806.64, mainly due to increased project subsidy income[13] Financial Expenses and Borrowings - Financial expenses rose by 65.19% from CNY 3,276,421.76 to CNY 5,412,398.42, primarily due to increased interest expenses from higher bank loan amounts[13] - Short-term borrowings decreased by 27.41% from CNY 472,531,573.02 to CNY 343,000,000.00, attributed to adjustments in loan structure[12] - Long-term borrowings increased by 100.00% from CNY 91,785,000.00 to CNY 183,570,000.00, due to adjustments in loan structure favoring long-term loans[12] Inventory and Accounts Receivable - Inventory rose to ¥647,818,105.62 from ¥633,769,649.53, an increase of approximately 2.0%[18] - Accounts receivable increased to ¥308,327,690.48 from ¥304,421,222.83, a growth of about 1.3%[18]