水发燃气(603318) - 2015 Q1 - 季度财报

Financial Performance - Operating revenue increased by 5.48% to CNY 42,937,017.50 compared to the same period last year[7] - The net profit attributable to shareholders decreased by 9.63% to CNY -4,251,629.60 compared to the same period last year[7] - Total revenue for Q1 2015 was CNY 42,937,017.50, an increase of 5.7% compared to CNY 40,705,424.18 in the previous period[35] - The company's operating revenue for Q1 2015 was CNY 42,907,309.64, an increase of 5.4% compared to CNY 40,705,424.18 in the previous year[39] - The net profit for Q1 2015 was a loss of CNY 4,003,264.27, improving from a loss of CNY 4,627,861.77 in the same period last year, representing a reduction of approximately 13.5%[39] - The total comprehensive income for Q1 2015 was CNY -4,003,264.27, compared to CNY -4,627,861.77 in the previous year, showing an improvement of approximately 13.5%[40] Cash Flow - Net cash flow from operating activities decreased by 14.13% to CNY -99,108,981.50 compared to the same period last year[7] - Operating cash inflow for Q1 2015 was CNY 18,975,022.21, a decrease of 53.3% compared to CNY 40,673,575.46 in the previous period[44] - Net cash flow from operating activities was -CNY 99,949,111.53, worsening from -CNY 83,784,001.89 year-over-year[44] - Cash flow from sales of goods and services was CNY 16,784,887.64, significantly lower than CNY 40,598,575.23 in the previous period, a decrease of 58.7%[44] - Cash received from financing activities was CNY 29,313,576.17, a decrease of 76.7% compared to CNY 125,638,109.58 in the previous period[45] - The net increase in cash and cash equivalents was -CNY 87,391,836.95, worsening from -CNY 51,788,857.33 year-over-year[45] Assets and Liabilities - Total assets decreased by 7.12% to CNY 610,256,615.60 compared to the end of the previous year[7] - Total current assets decreased to CNY 373,552,331.08 from CNY 424,295,416.18, a decline of approximately 12%[33] - Total liabilities decreased to CNY 327,350,058.62 from CNY 369,967,819.08, representing a reduction of about 11.5%[30] - The total equity attributable to shareholders decreased to CNY 282,906,556.98 from CNY 287,095,903.80, a decline of approximately 1.4%[30] - Current assets decreased to CNY 373,552,331.08 from CNY 424,295,416.18, a decline of approximately 12%[33] Investments and Shareholder Information - The company received government subsidies amounting to CNY 2,189,000, a significant increase of 2819.04% compared to the previous year[13] - The company has committed to a 36-month lock-up period for major shareholders' shares post-IPO[15] - The controlling shareholder, Energas Ltd., is restricted to reducing its shareholding by no more than 25% of its total shares within a two-year lock-up period[16] - The company’s major shareholders include Dalian Paisi Investment Co., Ltd. holding 65.89% of shares[9] Inventory and Receivables - Accounts receivable increased to ¥214,043,073.49 from ¥179,000,669.89, indicating a rise of about 19.4%[28] - The company’s inventory rose to ¥95,766,199.48 from ¥92,721,354.55, reflecting an increase of approximately 3.7%[28] - Inventory increased to CNY 95,766,199.48 from CNY 92,721,354.55, reflecting a growth of about 3.3%[33] Operating Costs and Expenses - Total operating costs for Q1 2015 amounted to CNY 47,824,101.88, up from CNY 45,873,032.41, reflecting a year-over-year increase of 4.3%[35] - The total operating expenses for Q1 2015 were CNY 46,948,912.84, compared to CNY 47,368,000.00 in the previous year, indicating a slight decrease of 0.9%[39] - The company incurred sales expenses of CNY 1,484,525.26, a decrease of 27% from CNY 2,033,751.74 in the previous year[39] Other Financial Metrics - The weighted average return on net assets improved by 0.38 percentage points to -1.49%[7] - The financial expenses for Q1 2015 were CNY 2,958,448.91, slightly increasing from CNY 2,950,463.08 in the previous year[39] - The investment income for Q1 2015 was CNY 47,424.86, recovering from a loss of CNY -187,118.12 in the same period last year[39] - The asset impairment loss for Q1 2015 was CNY 2,088,713.44, significantly higher than CNY 672,368.70 in the previous year, indicating an increase of 210.5%[39] - Cash paid for purchasing goods and services was CNY 103,758,914.09, slightly down from CNY 107,713,772.31, a decrease of 3.7%[44] Cash and Cash Equivalents - Cash and cash equivalents decreased by 87.77% to CNY 13,238,000 compared to the end of the previous year[10] - The company's cash and cash equivalents decreased significantly to CNY 10,643,994.63 from CNY 106,620,187.53, a drop of about 90%[32] - Total cash and cash equivalents at the end of Q1 2015 were CNY 8,594,663.72, down from CNY 23,928,986.75 in the previous period, reflecting a decline of 64.0%[45] - The company reported a significant decrease in cash and cash equivalents, with a balance of ¥13,238,021.59 as of March 31, 2015, down from ¥108,236,132.05 at the beginning of the year, representing a decline of approximately 87.8%[28]