CAERI(SH:601965)2015-04-17 16:00Financial Performance - Operating revenue decreased by 21.92% to CNY 218,848,323.91 year-on-year[6] - Net profit attributable to shareholders increased by 6.75% to CNY 68,649,766.28 compared to the same period last year[6] - The company reported a revenue of CNY 218.85 million for Q1 2015, a decrease of 21.92% compared to the previous period due to a decline in specialized vehicle sales[13] - Net profit for Q1 2015 was CNY 67,679,071.69, representing an increase of 4% from CNY 65,326,596.89 in the previous period[28] - The net profit attributable to the parent company was CNY 68,649,766.28, up from CNY 64,310,705.70 in the previous period[28] - The total profit for the current period was ¥82,592,856.70, up from ¥68,739,795.74 in the previous period, reflecting a growth of 20.5%[32] Cash Flow - Net cash flow from operating activities decreased significantly by 140.70% to -CNY 27,965,371.24[6] - Cash flow from operating activities showed a significant decline of 140.70%, resulting in a negative cash flow of CNY 27.97 million due to the maturity of bank acceptance bills[14] - The company reported a net cash outflow from operating activities of ¥27,965,371.24, a significant decrease from a net inflow of ¥68,703,205.73 in the previous period[34] - The net cash flow from investment activities surged by 1211.81% to CNY 495.17 million, primarily due to an increase in the redemption of matured financial products[14] - Investment activities generated a net cash inflow of ¥495,173,447.85, compared to ¥37,747,371.63 in the previous period, indicating a strong performance in investment activities[35] - The net cash flow from investment activities was $459,900,050.54, significantly higher than $38,278,227.46 in the previous year[37] Assets and Liabilities - Total assets increased by 0.79% to CNY 4,190,105,309.22 compared to the end of the previous year[6] - The company's total liabilities decreased to CNY 536.24 million from CNY 571.03 million, reflecting improved financial stability[21] - Total assets as of March 31, 2015, were CNY 4.19 billion, showing a slight increase from CNY 4.16 billion at the beginning of the year[19] - Total liabilities decreased to CNY 480,555,869.32 from CNY 573,492,340.79 at the beginning of the year, a reduction of approximately 16%[25] - Non-current assets totaled CNY 2,019,267,991.42, an increase from CNY 1,952,324,952.56 at the beginning of the year[24] Shareholder Information - The number of shareholders reached 21,940 at the end of the reporting period[10] - The largest shareholder, China General Technology (Group) Holding, holds 63.69% of the shares[10] Cash and Cash Equivalents - Cash and cash equivalents increased by 41.11% to CNY 1,605,638,692.83 due to the redemption of maturing financial products[12] - Cash and cash equivalents at the end of the period were CNY 1,414,483,152.53, an increase of 46% from CNY 968,861,920.10 at the beginning of the year[24] - Cash and cash equivalents at the end of the period totaled ¥1,573,994,903.45, down from ¥1,665,056,781.90 at the end of the previous period[35] - The ending balance of cash and cash equivalents was $1,406,714,966.19, a decrease from $1,585,555,994.96 in the prior year[37] Investment Income - Investment income increased by 189.95% to CNY 14.63 million, driven by higher returns from financial products[13] - The company reported an investment income of CNY 14,634,140.40, significantly higher than CNY 5,047,197.79 in the previous period[28] - The company achieved an investment income of ¥14,634,140.40, significantly higher than ¥5,047,197.79 in the previous period, showcasing effective investment strategies[32] - The company had a cash inflow of $14,884,936.93 from investment income, an increase from $5,380,019.42 year-over-year[37] Operating Costs - Operating costs decreased by 35.32% to CNY 120.49 million, attributed to lower sales costs of specialized vehicles[13] - Total operating costs for Q1 2015 were CNY 152,440,436.65, down 29% from CNY 215,183,504.70 in the previous period[28] - The company’s management expenses decreased to ¥14,285,226.46 from ¥16,364,928.20 in the previous period, indicating improved cost management[32]