金钼股份(601958) - 2015 Q1 - 季度财报

Financial Performance - Operating revenue increased by 20.94% to CNY 2,330,653,653.93 year-on-year[8] - Net profit attributable to shareholders decreased by 58.71% to CNY 2,610,875.65 compared to the same period last year[8] - Total operating revenue for Q1 2015 was CNY 2,330,653,653.93, an increase of 20.9% compared to CNY 1,927,114,945.88 in the same period last year[28] - Total operating costs for Q1 2015 were CNY 2,328,303,372.27, up from CNY 1,894,287,171.56, reflecting a year-over-year increase of 22.9%[28] - Net profit attributable to shareholders for Q1 2015 was CNY 2,610,875.65, a decrease of 58.7% from CNY 6,322,619.34 in Q1 2014[29] - The company reported a total comprehensive income of CNY 2,486,658.12 for Q1 2015, significantly lower than CNY 11,768,043.61 in Q1 2014[30] Cash Flow - Cash flow from operating activities improved significantly, with a net inflow of CNY 4,188,919.08, a 121.59% increase from the previous year[8] - The net cash flow from operating activities increased by 121.59% year-on-year, reaching ¥4,188,919.08, primarily due to increased cash receipts from sales of goods and services[17] - The net cash flow from financing activities decreased by 346.64% year-on-year, totaling -¥271,287,579.96, attributed to reduced bank borrowings and increased loan repayments[17] - Cash inflow from financing activities amounted to CNY 260,000,000.00, with a net cash flow of CNY 105,640,726.31, a recovery from a negative cash flow of CNY -260,000,000.00 in the prior year[39] - The net cash flow from investment activities was negative at CNY -598,603,611.05, compared to a positive CNY 23,968,225.26 in the previous year, highlighting increased capital expenditures[38] Assets and Liabilities - Total assets decreased by 1.72% to CNY 15,893,379,290.16 compared to the end of the previous year[8] - The company's total assets as of March 31, 2015, amounted to CNY 14,616,656,755.70, compared to CNY 14,402,099,271.69 at the beginning of the year, representing a growth of 1.5%[26] - Current assets totaled CNY 5,705,385,864.53, down from CNY 6,049,336,585.70 at the start of the year, indicating a decrease of 5.7%[25] - The total liabilities decreased to ¥2,445,627,909.20 from ¥2,729,379,689.84 at the beginning of the year, indicating a reduction in financial obligations[22] - Total liabilities increased to CNY 1,476,573,319.54 from CNY 1,280,958,434.88, marking a rise of 15.3%[26] Shareholder Information - The number of shareholders reached 128,979 by the end of the reporting period[12] - The largest shareholder, Jinduicheng Molybdenum Group Co., Ltd., holds 74.09% of the shares[12] Investment and Income - Investment income dropped by 96.69% to CNY 41,095.89 compared to the previous year[15] - The company reported an increase in government subsidies, contributing to a rise in non-operating income during the reporting period[16] Inventory and Costs - The company's inventory increased to ¥1,134,611,178.87 from ¥1,069,545,139.89 at the beginning of the year, reflecting a rise in stock levels[20] - The company's inventory as of March 31, 2015, was CNY 920,396,684.27, an increase of 6.0% from CNY 868,422,348.26 at the beginning of the year[24] - Cash outflow for purchasing goods and services was CNY 229,171,094.23, down from CNY 363,284,414.81, showing a reduction in operational costs[38] Market Outlook - The company expects continued low molybdenum market prices in Q2 2015, which may lead to further declines in cumulative net profit compared to the previous year[18]