Apple Group(SH:603020)2015-04-28 16:00Financial Performance - Operating revenue for the period was CNY 480,826,375.97, reflecting a growth of 6.01% compared to the same period last year[6]. - Net profit attributable to shareholders increased by 4.53% to CNY 46,592,601.53[6]. - Operating revenue for Q1 2015 was $480.83 million, an increase of 6% compared to $453.59 million in the same period last year[14]. - Operating profit for Q1 2015 reached CNY 59,414,059.45, up from CNY 53,292,114.17, reflecting a growth of 4.2% year-over-year[27]. - Net profit for Q1 2015 was CNY 47,306,993.16, compared to CNY 45,637,148.97 in the previous year, indicating a year-over-year increase of 3.6%[27]. - The company reported a gross profit margin of approximately 25.0% for Q1 2015, compared to 22.5% in the same period last year[26]. - The net profit for Q1 2015 was approximately ¥22.68 million, compared to ¥18.48 million in the same period last year, representing an increase of about 22.5%[30]. - The company reported a total comprehensive income of ¥22.68 million for the quarter, compared to ¥18.48 million in the same period last year, reflecting an increase of approximately 22.5%[30]. Assets and Liabilities - Total assets increased by 74.23% to CNY 1,937,754,590.72 compared to the end of the previous year[6]. - The company's total assets amounted to CNY 1,652,619,338.21, significantly higher than CNY 870,456,350.29 from the previous year[25]. - The company's total liabilities were reported at CNY 244,675,507.14, up from CNY 223,430,670.57, which is an increase of about 9.0%[21]. - Total liabilities for the company were CNY 114,936,440.80, a slight increase from CNY 112,452,610.84 year-over-year[25]. - The company's cash and cash equivalents reached CNY 1,081,851,301.09, up from CNY 341,927,378.99, indicating a growth of about 216.5%[19]. - Total cash and cash equivalents at the end of the period reached ¥931.19 million, significantly higher than ¥210.85 million at the end of the previous year, marking an increase of approximately 341.5%[35]. Shareholder Information - Net assets attributable to shareholders rose by 91.65% to CNY 1,680,438,496.87 year-over-year[6]. - The total number of shareholders reached 26,575, with the largest shareholder holding 35.38% of the shares[11]. - The company has commitments from major shareholders to avoid competition and maintain shareholding stability for a specified period[15][16]. - The company is focused on ensuring compliance with shareholder commitments and maintaining operational integrity[16]. - The company committed to a cash dividend policy, ensuring that cash dividends will not be less than 20% of the distributable profits for the next three years[17]. - The company plans to implement a stock price stabilization plan if the stock price falls below the audited net asset value per share for 20 consecutive trading days[17]. Cash Flow - Cash flow from operating activities showed an improvement, with a net cash flow of -CNY 19,918,706.75, compared to -CNY 37,683,762.61 in the previous year[6]. - Cash inflow from operating activities totaled ¥494.74 million, up from ¥481.15 million year-over-year, indicating a growth of approximately 2.7%[34]. - The net cash flow from operating activities was negative at ¥19.92 million, an improvement from a negative ¥37.68 million in the previous year[34]. - The company raised ¥774.95 million through financing activities, with a net cash flow from financing activities of ¥763.45 million, compared to a negative cash flow of ¥0.92 million in the same period last year[35]. - Investment activities resulted in a net cash outflow of ¥60.81 million, a decrease from a net inflow of ¥61.19 million in the previous year[39]. - The cash flow from sales of goods and services was ¥487.65 million, compared to ¥472.36 million in the same period last year, reflecting an increase of approximately 3.1%[33]. - The cash outflow for purchasing goods and services was ¥410.37 million, down from ¥426.20 million year-over-year, showing a decrease of about 3.7%[34]. Operational Metrics - Cash and cash equivalents increased by 216% to CNY 1,081,851,301.09, primarily due to funds raised from issuing shares[13]. - Accounts receivable rose by 29% to CNY 258,787,908.28, attributed to increased sales[13]. - Inventory increased by 14% to CNY 318,552,337.06, indicating growth in business activity[13]. - Operating costs rose to $359.25 million, reflecting a 5% increase from $340.82 million year-over-year[14]. - Operating expenses totaled CNY 421,547,237.16, an increase from CNY 400,295,162.79 year-over-year, indicating a rise of 5.1%[26]. - Financial expenses surged by 1235%, reaching $2.55 million, primarily due to increased exchange gains[14]. - Other income decreased significantly by 97%, down to $174.12 thousand, mainly due to a reduction in government subsidies[14]. - Other current assets fell by 24% to $15.87 million compared to $20.99 million in the previous year[14]. - Prepayments decreased by 33% to $21.62 million, attributed to sales realization[14]. - Accounts payable increased by 22% to $188.56 million, driven by increased procurement for sales inventory[14]. - Tax payable decreased by 14% to $19.38 million from $22.57 million year-over-year[14]. - The company plans to continue expanding its market presence and investing in new product development to drive future growth[27].