OBM(SH:603729)2015-04-29 16:00Financial Performance - Operating revenue for the period was CNY 347,930,193.68, representing a 53.47% increase year-on-year[7] - Net profit attributable to shareholders was a loss of CNY 3,295,200.57, an improvement of 31.47% compared to the previous year[7] - The weighted average return on net assets was -1.81%, a decrease of 244.30% compared to the previous year[7] - Basic earnings per share were -CNY 0.05, a decrease of 48.61% compared to the previous year[7] - The company reported a net loss for Q1 2015 of CNY 21,679,257.33, compared to a loss of CNY 19,086,697.62 in the previous year, indicating a worsening of 13.6%[35] - The total comprehensive income for Q1 2015 was -CNY 21,679,257.33, compared to -CNY 19,086,697.62 in the same period last year[36] Assets and Liabilities - Total assets increased by 66.14% to CNY 1,262,058,373.12 compared to the end of the previous year[7] - Total current assets reached ¥1,175,886,510.17, up from ¥674,294,690.89, indicating an increase of approximately 74%[25] - Total liabilities amounted to ¥256,679,263.67, compared to ¥212,733,199.44 at the start of the year, representing a rise of 20.6%[31] - Owner's equity increased to ¥763,410,091.22 from ¥384,063,848.55, indicating a growth of 98.7%[31] - The total assets reached ¥1,020,089,354.89, compared to ¥596,797,047.99 at the beginning of the year, representing a growth of 70.8%[31] Cash Flow - The net cash flow from operating activities was a negative CNY 113,762,393.91, a decrease of 4.56% compared to the same period last year[7] - Cash inflow from operating activities was 125,629,792.90 RMB, compared to 74,199,641.62 RMB in the previous period, representing a 69% increase[39] - Cash flow from financing activities surged by 4297.25% to ¥435,327,590.13, reflecting new fundraising efforts[16] - The ending cash and cash equivalents balance was 425,190,156.80 RMB, up from 40,014,596.98 RMB in the previous period, marking a significant increase of over 960%[41] - The cash flow from financing activities netted 435,327,590.13 RMB, compared to 9,900,000.00 RMB previously, highlighting a major shift in financing strategy[41] Shareholder Information - The total number of shareholders was 14,885 at the end of the reporting period[10] - The top shareholder, Duan Peizhang, held 32.08% of the shares, totaling 21,390,000 shares[11] Government Support - The company received government subsidies amounting to CNY 7,757,412.95 during the reporting period[7] Operational Costs - Total costs increased by 54.19% to ¥332,432,967.65, primarily due to business scale expansion[14] - The company reported a significant increase in sales expenses by 78.79% to ¥6,361,637.30, driven by higher production costs[14] - The operating cost for Q1 2015 was CNY 159,148,369.24, up from CNY 102,799,070.37, reflecting a 55.1% increase year-over-year[35] Investment Activities - The company received CNY 410,082,000.00 from investment activities, significantly higher than the previous year's cash inflow of CNY 9,900,000.00[38] - The investment activities generated a net cash flow of -CNY 28,885.67, an improvement from -CNY 262,518.24 in the previous year[38] Strategic Commitments - The company has committed to not engaging in any competing business with its subsidiaries, ensuring no conflicts of interest[20] - The company anticipates potential significant changes in net profit compared to the same period last year, indicating a cautious outlook[22] - The company is focused on maintaining compliance with its commitments to avoid conflicts of interest and competition, which is crucial for its strategic positioning[20]