GUILIN FUDA (SH:603166)2015-04-26 16:00Financial Performance - Operating revenue decreased by 20.69% to CNY 239,275,831.61 compared to the same period last year[7] - Net profit attributable to shareholders decreased by 51.46% to CNY 6,928,479.70 compared to the same period last year[7] - The company experienced a 72.28% decrease in net profit after deducting non-recurring gains and losses, amounting to CNY 3,042,737.97[7] - Total operating revenue for Q1 2015 was CNY 239,275,831.61, a decrease of 20.7% compared to CNY 301,684,321.95 in the same period last year[29] - Net profit for Q1 2015 was CNY 6,928,479.70, a decline of 51.5% from CNY 14,272,833.32 in Q1 2014[30] - The company reported a basic and diluted earnings per share of CNY 0.016, down from CNY 0.037 in the previous year[31] - The company's operating revenue for the current period is ¥73,559,921.71, a decrease of 34.1% compared to ¥111,475,355.40 in the previous period[32] - Operating profit decreased significantly to ¥384,144.72, down 90.1% from ¥3,877,588.62 in the previous period[32] - Net profit for the current period is ¥1,572,291.60, a decline of 64.0% compared to ¥4,363,266.23 in the previous period[32] - The company’s total comprehensive income for the current period is ¥1,572,291.60, down 64.0% from ¥4,363,266.23 in the previous period[33] Cash Flow - Cash flow from operating activities was negative at CNY -46,230,456.47, a significant decline from CNY 19,661,732.67 in the previous year[7] - The total cash flow from operating activities is negative at -¥46,230,456.47, compared to a positive cash flow of ¥19,661,732.67 in the previous period[36] - Total cash outflow from operating activities increased to ¥316,668,496.44, compared to ¥284,960,455.93 in the previous period[36] - Cash and cash equivalents at the end of the period increased to ¥77,251,603.68 from ¥43,156,501.17 at the beginning of the period[37] - The net increase in cash and cash equivalents for the period was $9,665,090.00, compared to a decrease of $74,749.13 in the previous year[40] - Cash flow from investment activities was negative at -$4,217,683.13, worsening from -$3,158,153.12 in the previous year[40] Assets and Liabilities - Total assets increased by 1.26% to CNY 2,972,589,709.83 compared to the end of the previous year[7] - The company reported a significant decrease in accounts receivable by 41.47% to CNY 87,139,952.15[12] - Total current assets amounted to ¥1,154,288,773.88, up from ¥1,122,599,592.53, marking an increase of around 2.8%[22] - Total assets as of March 31, 2015, amounted to CNY 1,670,143,364.94, an increase from CNY 1,561,357,388.65 at the beginning of the year[28] - Total liabilities increased to CNY 906,386,152.53 from CNY 799,172,467.84, representing a rise of 13.4%[28] - Total current liabilities rose to ¥1,504,170,420.03, compared to ¥1,464,497,904.77, indicating an increase of about 2.7%[23] Shareholder Information - The number of shareholders reached 16,763, with the largest shareholder holding 77.97% of the shares[10] - The company committed to not transferring or entrusting shares for 36 months post-listing, ensuring stability in shareholding[16] - The controlling shareholder pledged to maintain a minimum selling price for shares post-lockup, ensuring shareholder value protection[16] - The company plans to implement share buybacks if stock prices fall below net asset value, demonstrating a commitment to stabilizing stock prices[16] Financing Activities - The net cash flow from financing activities increased significantly by 3709.78% to CNY 115,671,195.08 compared to the previous year[12] - The company raised ¥470,441,606.00 from financing activities, an increase from ¥327,600,000.00 in the previous period[37] - Net cash flow from financing activities was $27,744,117.78, an increase of 123.5% compared to $12,429,444.36 in the previous year[40] - Cash inflow from obtaining loans was $189,000,000.00, compared to $122,000,000.00 in the previous year, reflecting a 55% increase[40] - Total cash outflow for financing activities was $161,255,882.22, up from $127,187,555.64, indicating a 26.8% increase[40]