YINGLIU(SH:603308)2015-04-28 16:00Financial Performance - Operating income rose by 1.01% to CNY 346,000,944.12, while net profit attributable to shareholders decreased by 48.54% to CNY 15,591,205.22[6] - The company experienced a 50% decrease in basic and diluted earnings per share, both at CNY 0.04[6] - Net profit for Q1 2015 was CNY 17,578,389.21, down from CNY 31,548,748.24 in Q1 2014, reflecting a decrease of approximately 44.7%[25] - The total comprehensive income for Q1 2015 was CNY 18,055,112.27, compared to CNY 31,216,788.58 in Q1 2014, a decrease of about 42%[26] - The net profit for the first quarter of 2015 was CNY 12,180,488.69, an increase from CNY 9,689,205.66 in the same period last year, representing a growth of approximately 25.5%[29] - The total comprehensive income for the first quarter was CNY 12,322,594.32, compared to CNY 9,192,675.76 in the previous year, indicating an increase of about 34.7%[29] Cash Flow - Cash flow from operating activities improved significantly, reaching CNY 76,667,965.37, compared to a negative CNY 58,649,482.83 in the same period last year[6] - The net cash flow from operating activities increased to ¥76,667,965.37 from a negative ¥58,649,482.83, primarily due to an increase in cash received from sales of goods and services[14] - The company's cash flow from operating activities showed a significant change, with a net cash outflow reported in Q1 2015 compared to a net inflow in Q1 2014, indicating potential liquidity challenges[24] - Cash inflows from operating activities amounted to CNY 399,822,009.22, up from CNY 293,871,666.87, reflecting a growth of approximately 36%[33] - The net cash flow from financing activities decreased by 93.77%, amounting to ¥45,422,612.54, down from ¥728,537,135.49, mainly due to an increase in funds raised in the previous period[14] Assets and Liabilities - Total assets increased by 1.92% to CNY 4,524,363,268.13 compared to the end of the previous year[6] - Total current assets increased to ¥2,120,639,244.49 from ¥2,057,821,296.63, with cash and cash equivalents rising to ¥704,014,956.94 from ¥625,295,829.45[17] - Total liabilities increased to ¥2,646,282,542.93 from ¥2,579,201,876.90, with current liabilities decreasing to ¥2,171,061,411.87 from ¥2,232,264,438.13[19] - The company's equity attributable to shareholders rose to ¥1,835,629,388.38 from ¥1,818,001,537.68, reflecting a stable financial position[19] Shareholder Information - The number of shareholders reached 25,315, with the top ten shareholders holding a combined 66.82% of shares[10] - The company continues to fulfill commitments made by shareholders holding more than 5% of the shares[14] Borrowings and Financing - Long-term borrowings increased by 45.84% to CNY 419,954,544.00, indicating a rise in financing activities[12] - Long-term borrowings increased to CNY 319,000,000.00 in Q1 2015 from CNY 187,000,000.00 in Q1 2014, representing a growth of about 70.6%[23] Income and Expenses - Total operating revenue for Q1 2015 was CNY 346,000,944.12, a slight increase from CNY 342,538,851.44 in Q1 2014, representing a growth of approximately 1.35%[24] - Total operating costs for Q1 2015 were CNY 325,822,573.82, up from CNY 306,504,951.38 in Q1 2014, indicating an increase of about 6.3%[25] - The company reported a decrease in sales expenses to CNY 13,004,609.24 in Q1 2015 from CNY 15,877,120.41 in Q1 2014, a reduction of approximately 17.5%[25] Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable, with a 249.18% rise to CNY 20,391,992.20 due to increased settlement via notes[12] - Accounts receivable rose to ¥415,225,054.18 from ¥433,953,141.14, while inventory decreased slightly to ¥827,455,020.88 from ¥833,537,328.90[17]