2015-04-28 16:00Financial Performance - Operating revenue rose by 39.18% to RMB 2,063,899,972.71 year-on-year[5] - Net profit attributable to shareholders increased by 13.73% to RMB 107,914,932.91 compared to the same period last year[5] - The company's operating revenue for Q1 2015 was CNY 760,660,044.54, an increase of 5.3% compared to CNY 722,120,795.55 in the same period last year[30] - The net profit for Q1 2015 was CNY 92,200,706.77, down 26.0% from CNY 124,512,378.24 in Q1 2014[30] - The total profit for Q1 2015 was CNY 107,011,477.29, a decrease of 29.5% compared to CNY 151,901,160.26 in the previous year[30] - The company's operating profit for Q1 2015 was CNY 140,338,176.31, slightly down from CNY 143,089,049.60 in Q1 2014[30] - The investment income for Q1 2015 was CNY 47,096,902.00, compared to CNY 52,638,212.33 in the same period last year[30] - The total comprehensive income for Q1 2015 was CNY 92,200,706.77, down from CNY 124,512,378.24 in the same period last year[31] Cash Flow - Cash flow from operating activities surged by 99.17% to RMB 64,597,598.68 year-to-date[5] - The net cash inflow from operating activities in Q1 2015 was RMB 64,597,598.68, an increase of RMB 32,164,369.97, or 99.17% year-over-year, attributed to higher cash received from sales of goods and services[13] - The net cash flow from operating activities was 91,855,940.36 RMB, a decrease of 44.2% compared to the previous period's 164,585,078.02 RMB[35] - Cash inflow from investment activities totaled 1,058,149,213.27 RMB, significantly up from 277,678,628.90 RMB in the previous period, marking an increase of 281.5%[35] - The net cash flow from investment activities was 247,023,232.38 RMB, recovering from a negative cash flow of -184,780,814.57 RMB in the previous period[35] - Cash flow from financing activities resulted in a net outflow of -14,759,889.43 RMB, compared to -19,074,375.00 RMB in the previous period, indicating an improvement[35] - The company received 1,015,281,796.05 RMB from investment recoveries, a substantial increase from 195,207,500.00 RMB in the previous period[35] - The cash inflow from loans amounted to 1,467,988,845.59 RMB, compared to 303,125,281.98 RMB in the previous period, showing a significant increase[35] - The company paid 1,040,139,902.36 RMB in debt repayments, which is a notable increase from 353,892,639.31 RMB in the previous period[35] - The cash outflow for purchasing goods and services was 182,920,784.32 RMB, slightly down from 199,108,435.46 RMB in the previous period[35] - The company reported a total cash inflow from financing activities of 1,523,647,550.38 RMB, compared to 332,208,962.07 RMB in the previous period, indicating a significant increase[35] Assets and Liabilities - Total assets increased by 1.47% to RMB 28,253,159,940.68 compared to the end of the previous year[5] - Total assets as of March 31, 2015, amounted to CNY 24,166,709,320.14, compared to CNY 23,973,965,701.97 at the beginning of the year[25] - Total liabilities reached CNY 10,552,444,122.33, a slight increase from CNY 10,455,866,604.04 at the start of the year[25] - Shareholders' equity totaled CNY 13,614,265,197.81, up from CNY 13,518,099,097.93 at the beginning of the year[25] - Cash and cash equivalents increased to CNY 1,292,259,145.25 from CNY 968,139,861.43, representing a growth of 33.4%[23] - Accounts receivable rose to CNY 753,677,396.61, an increase of 23.5% from CNY 609,891,726.68[23] - Inventory decreased to CNY 46,278,032.87 from CNY 51,876,684.71, a decline of 10.8%[23] Operating Costs and Revenue - The operating cost for Q1 2015 was RMB 1,727,630,606.52, up by RMB 580,479,541.84, or 50.60% year-over-year, mainly due to the impact of the port trade business[12] - Total operating costs for Q1 2015 were CNY 1,991,540,215.64, up 43.9% from CNY 1,383,919,683.62 in Q1 2014[26] - In Q1 2015, the company's operating revenue was RMB 2,063,899,972.71, an increase of RMB 580,986,433.20, or 39.18% year-over-year, primarily driven by the growth in port trade business[12] Other Financial Metrics - Fair value change income for Q1 2015 was RMB 2,498,600.71, an increase of RMB 2,068,254.30, or 480.60% year-over-year, mainly due to the change in fair value of held stocks[13] - The company reported a fair value change gain of CNY 2,498,600.71 in Q1 2015, compared to a gain of CNY 430,346.41 in Q1 2014[30] - Employee compensation payable dropped by 31.68% to RMB 123,411,005.79, due to the payment of employee bonuses[11] - Tax payable decreased by 32.16% to RMB 45,719,830.13, attributed to a reduction in income tax expenses[11] - Special reserves increased by 51.84% to RMB 24,832,471.60, due to safety production expense provisions in Q1 2015[11]