Chuangli Group(SH:603012)2015-04-27 16:00Financial Performance - Operating revenue decreased by 15.40% to CNY 206,075,391.46 compared to the same period last year[6] - Net profit attributable to shareholders increased by 1.04% to CNY 36,396,063.87 year-on-year[6] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 23.30% to CNY 36,227,144.72 compared to the previous year[6] - Basic earnings per share decreased by 6.67% to CNY 0.14[6] - Operating revenue for Q1 2015 was CNY 173.40 million, a decrease of 4.1% from CNY 181.68 million in the same period last year[36] - Net profit for Q1 2015 was CNY 39.07 million, down 2.5% from CNY 40.07 million in Q1 2014[37] - Total profit for Q1 2015 was CNY 44.86 million, down 9.5% from CNY 49.43 million in Q1 2014[37] Assets and Liabilities - Total assets increased by 48.09% to CNY 3,038,147,530.37 compared to the end of the previous year[6] - The company's total assets increased to CNY 2,680,594,512.32, up from CNY 1,644,345,797.40 at the beginning of the year, representing a growth of 62.9%[32] - The total current liabilities decreased to CNY 636,047,278.82 from CNY 693,452,954.29, a reduction of approximately 8.3%[27] - The company's total liabilities decreased to CNY 693,136,930.97 from CNY 750,495,424.28, a decline of approximately 7.6%[28] Shareholder Information - The total number of shareholders reached 39,587 at the end of the reporting period[10] - The largest shareholder, China Coal Machinery Group Co., Ltd., holds 17.79% of the shares[10] - Shareholders' equity rose to CNY 2,174,501,565.18, up from CNY 1,128,271,166.08, reflecting an increase of 93.0%[32] Cash Flow - The company reported a net cash flow from operating activities of -CNY 55,053,285.63, an improvement of 18.92% compared to the previous year[6] - Cash flow from operating activities showed a net outflow of CNY 55.05 million, an improvement from a net outflow of CNY 67.90 million in the same period last year[40] - Cash flow from financing activities resulted in a net inflow of CNY 995.11 million, a significant increase from a net outflow of CNY 35.73 million in the previous year[41] Inventory and Receivables - Accounts receivable rose by CNY 117.43 million compared to the end of the previous year, mainly because the cash received during the reporting period did not cover the current sales[12] - The company reported a significant increase in inventory, which stood at CNY 285,741,392.60 compared to CNY 292,320,542.87 at the beginning of the year[26] - Inventory decreased to CNY 216,647,583.71 from CNY 228,268,262.26, a decline of 5.1%[31] Commitments and Policies - The company reported a commitment to avoid related party transactions that could harm the interests of the company and its minority shareholders[20] - The company has committed to a cash dividend policy that requires cumulative cash distributions over three years to be no less than 30% of the average distributable profits for those years[23] - The company emphasizes the importance of the accuracy and completeness of the IPO prospectus, with legal responsibilities assigned to its directors and senior management[21]