HBC(SH:603077)2015-04-29 16:00Financial Performance - Operating revenue for the period was CNY 488,322,665.41, representing a 24.44% increase year-on-year [6]. - Net profit attributable to shareholders was CNY 38,247,843.96, up 23.18% from the same period last year [6]. - Basic earnings per share increased by 33.33% to CNY 0.04 per share [6]. - Total operating revenue increased to ¥488,322,665.41 from ¥392,428,583.61, representing a growth of approximately 24.5% year-over-year [23]. - Net profit for the period was ¥38,247,843.96, up from ¥31,049,247.11, reflecting a growth of approximately 23.4% year-over-year [23]. - Operating profit improved to ¥43,780,187.35 from ¥33,742,207.92, marking an increase of around 29.7% year-over-year [23]. - Investment income rose slightly to ¥16,526,734.72 from ¥15,521,848.86, indicating a growth of about 6.5% year-over-year [23]. Cash Flow - The net cash flow from operating activities decreased by 93.25% to CNY 15,433,754.72 compared to the previous year [6]. - Cash flow from operating activities generated ¥15,433,754.72, down from ¥228,641,413.96, a decline of approximately 93.2% year-over-year [30]. - Cash inflow from operating activities was 200,714,962.02 RMB, a decrease of 69.06% from 651,717,247.85 RMB year-over-year [33]. - Cash outflow for purchasing goods and services was 164,906,064.39 RMB, down 52.16% from 344,542,687.72 RMB in the previous year [33]. - Cash flow from investing activities was -43,864,616.57 RMB, a significant decrease from -148,105,162.43 RMB year-over-year [34]. - Cash flow from financing activities showed a net outflow of -12,725,532.67 RMB, compared to -29,028,982.17 RMB in the previous year [34]. - The company experienced a net decrease in cash and cash equivalents of -52,183,251.70 RMB during Q1 2015, compared to an increase of 72,432,472.85 RMB in the previous year [34]. Assets and Liabilities - Total assets increased by 1.85% to CNY 9,301,151,306.04 compared to the end of the previous year [6]. - Current liabilities rose to ¥3,484,649,922.31 from ¥3,350,911,905.57, an increase of about 3.98% [18]. - Non-current liabilities decreased slightly to ¥1,024,233,513.08 from ¥1,029,181,899.56, a decline of approximately 0.05% [18]. - Total liabilities increased to ¥4,508,883,435.39 from ¥4,380,093,805.13, reflecting a growth of around 2.94% [18]. - Owner's equity rose to ¥4,792,267,870.65 from ¥4,752,094,260.82, indicating an increase of about 0.84% [18]. - Total current assets increased to ¥2,309,555,967.91 from ¥2,242,233,083.99, representing a growth of approximately 3.0% [20]. Shareholder Information - The total number of shareholders was 37,983 at the end of the reporting period [10]. - The largest shareholder, Sichuan Hebang Investment Group Co., Ltd., held 53.16% of the shares [10]. Operational Changes - The company plans to invest ¥200 million in building an e-commerce platform for agricultural services, approved by the board on April 13, 2015 [13]. - The company expects a decline in cumulative net profit compared to the previous year due to the absence of investment income from the acquisition of Leshan Hebang Agricultural Technology Co., Ltd. [15]. Other Financial Metrics - Financial expenses increased by 46.33% to ¥37,144,607.22 from ¥25,384,999.36, primarily due to higher interest expenses [12]. - Sales expenses decreased to ¥13,359,202.84 from ¥21,614,522.83, a reduction of about 38.2% year-over-year [23]. - Management expenses increased to ¥20,488,876.41 from ¥18,317,418.86, reflecting an increase of approximately 11.9% year-over-year [23].