GHMC(SZ:000523)2016-04-22 16:00Financial Performance - The company's operating revenue for Q1 2016 was ¥1,712,605,527.23, representing a 40.72% increase compared to ¥1,217,073,811.52 in the same period last year[8] - Net profit attributable to shareholders was ¥5,130,673.15, up 7.16% from ¥4,787,862.04 year-on-year[8] - The net profit after deducting non-recurring gains and losses decreased by 42.24% to ¥2,733,482.49 from ¥4,732,653.01 in the previous year[8] - The net cash flow from operating activities was ¥13,857,324.33, down 70.72% from ¥47,328,622.76 in the same period last year[8] - Total revenue rose by 40.72% to ¥1,712,605,527.23, attributed to business expansion this year[15] - Sales of goods and services increased by 75.15% to ¥2,099,560,319.37, driven by revenue growth from business expansion[15] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,514,056,314.62, a slight decrease of 0.45% from ¥3,529,944,128.13 at the end of the previous year[8] - The net assets attributable to shareholders increased by 58.67% to ¥1,734,820,425.29 from ¥1,093,321,903.21 at the end of the previous year[8] - The company repaid debts amounting to ¥598,209,023.96, a 128.15% increase compared to the previous year[15] - The company’s accounts payable decreased by 71.82% to ¥63,022,307.87 due to changes in settlement methods[15] - The company’s prepaid expenses decreased by 75.31% to ¥39,087,449.07, also due to changes in settlement methods[15] - The company’s tax payable decreased by 86.99% to ¥6,687,954.29, as value-added tax was paid at the beginning of the year[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 522,929,571[11] - The largest shareholder, Guangzhou Light Industry Trade Group Co., Ltd., held 30.04% of the shares, totaling 157,090,098 shares[11] - The company has committed to a shareholding increase of 10% of the total monthly salary by middle and senior management for a continuous period of 12 months[23] Investment and Returns - Jiangsu Qiheng Agricultural Chemical Co., Ltd. has committed to provide investment returns of RMB 25.77 million, RMB 28.75 million, RMB 35.02 million, RMB 39.78 million, and RMB 52.37 million over the next four accounting years[24] - The company’s investment income improved by 46.98%, with a loss of ¥723,122.36 compared to a loss of ¥1,363,812.52 in the previous year[15] - The company raised a total of ¥634,808,979.36 from a private placement of 76,736,715 shares at a price of ¥8.47 per share[16] - The company’s registered capital increased from ¥445,163,588 to ¥521,900,303 following the private placement[18] Compliance and Governance - The company has not engaged in any non-compliance external guarantees during the reporting period[29] - There are no non-operating fund occupations by controlling shareholders or their related parties reported[30] - The company’s management personnel have strictly adhered to their commitments regarding shareholding[24] - The company has not reported any reasons for unfulfilled commitments during the reporting period[25] Investor Relations - The company has conducted an investor relations activity on January 14, 2016, with a record published on January 15, 2016[28] - The company has not indicated any significant changes in net profit compared to the same period last year[26] - There are no derivative investments reported during the period[27] - The company has no plans for securities investment during the reporting period[26]