DZH(SH:601519)2015-04-24 16:00Financial Performance - Operating revenue decreased by 67.45% to CNY 99,454,971.81 compared to the same period last year[6] - Net profit attributable to shareholders of the listed company increased by 417.97% to CNY 34,220,068.66 compared to the same period last year[6] - Basic and diluted earnings per share both rose by 466.67% to CNY 0.017[6] - The company reported a net loss of ¥708,975,110.11 for the period, compared to a loss of ¥597,212,616.53 previously[26] - Total revenue for Q1 2015 was CNY 13,995,146.28, a significant decrease from CNY 233,151,891.11 in the same period last year, representing a decline of approximately 94%[30] - Operating profit for Q1 2015 was CNY -115,373,986.71, compared to a profit of CNY 33,802,333.98 in Q1 2014, indicating a negative shift in profitability[30] - Net profit for Q1 2015 was CNY -111,762,493.58, a stark contrast to the net profit of CNY 38,237,724.35 in the previous year, marking a decline of over 400%[31] - Total comprehensive income for Q1 2015 was CNY 30,130,928.49, down from CNY 6,082,052.59 in the same period last year, indicating a decline of approximately 80%[29] Cash Flow - Net cash flow from operating activities was negative at CNY -306,806,848.26, a decrease of 247.75% year-on-year[6] - Cash flow from operating activities for Q1 2015 was CNY 112,538,240.24, a decrease from CNY 272,148,557.61 in Q1 2014, representing a decline of approximately 59%[32] - The net cash flow from operating activities was -306,806,848.26 RMB, a significant decline compared to -88,226,608.28 RMB in the previous period, indicating a worsening operational cash flow situation[33] - The total cash outflow for operating activities was 400,642,226.33 RMB, up from 292,887,916.88 RMB, indicating increased operational costs[36] - The net cash flow from investment activities was 381,528,873.27 RMB, a notable improvement from -129,498,096.84 RMB in the prior period, suggesting effective investment strategies[33] Assets and Liabilities - Total assets increased by 1.24% to CNY 3,301,447,476.64 compared to the end of the previous year[6] - Non-current assets totaled ¥1,348,512,526.23, slightly down from ¥1,348,704,078.11 at the beginning of the year[25] - Current liabilities rose to ¥586,220,956.55, compared to ¥530,428,255.98 at the beginning of the year, reflecting a 10.5% increase[26] - The company's total liabilities reached ¥586,220,956.55, up from ¥530,428,255.98 year-over-year[26] - The equity attributable to shareholders decreased to ¥2,336,231,614.00 from ¥2,447,994,107.58, indicating a decline of 4.5%[26] Shareholder Information - The total number of shareholders reached 149,478 at the end of the reporting period[11] - The largest shareholder, Zhang Changhong, holds 55.58% of the shares, with 541,740,000 shares pledged[11] Investment and Other Income - Investment income surged by 145.49% to ¥208,293,138.53, mainly due to gains from the disposal of a subsidiary[16] - Non-recurring gains and losses totaled CNY 212,266,380.24, primarily from the disposal of subsidiaries[9] - The company reported a significant increase in asset impairment losses, totaling CNY 1,482,491.04 for Q1 2015, compared to no losses reported in the previous year[30] Cost Management - The company reported a significant reduction in sales and management expenses by 39.01% to ¥220,528,629.05, reflecting effective cost control measures[16] - Sales expenses for Q1 2015 were CNY 12,145,670.41, down from CNY 106,113,866.73 in the same quarter last year, showing a reduction of about 88%[30] Liquidity - The company’s cash and cash equivalents increased to ¥506,897,463.76 from ¥435,699,206.58, indicating improved liquidity[20] - Cash and cash equivalents at the end of the period totaled 506,897,463.76 RMB, compared to 1,139,009,939.77 RMB at the end of the previous period, indicating a decrease in liquidity[34] - The net increase in cash and cash equivalents was 71,198,257.18 RMB, contrasting with a decrease of 311,872,662.10 RMB in the previous period, showing a recovery in cash position[34]