泰山石油(000554) - 2016 Q1 - 季度财报

Financial Performance - The company's operating revenue for the first quarter was ¥647,997,252.17, a decrease of 13.75% compared to ¥751,293,647.04 in the same period last year[8]. - The net profit attributable to shareholders was ¥103,882.78, showing a slight decrease of 0.10% from ¥103,983.60 year-on-year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,282,043.13, down 64.52% from ¥3,613,590.50 in the previous year[8]. - The net cash flow from operating activities was negative at -¥3,142,786.45, a significant decline of 105.41% compared to ¥58,129,599.00 in the same period last year[8]. Assets and Shareholder Information - Total assets at the end of the reporting period were ¥1,041,186,765.66, a decrease of 2.01% from ¥1,062,564,032.16 at the end of the previous year[8]. - The net assets attributable to shareholders at the end of the reporting period were ¥910,850,827.41, a slight increase of 0.01% from ¥910,741,142.38 at the end of the previous year[8]. - The company had a total of 55,569 common shareholders at the end of the reporting period[11]. - The largest shareholder, China Petroleum & Chemical Corporation, held 24.57% of the shares, totaling 115,140,120 shares[11]. - There were no significant changes in the shareholding structure or any repurchase transactions among the top shareholders during the reporting period[12]. Cash Flow and Receivables - Cash and cash equivalents decreased by 45.77% compared to the beginning of the period, primarily due to significant payments for goods[15]. - Accounts receivable decreased by 60.56% compared to the beginning of the period, mainly due to the settlement of previous period's refined oil payments[15]. - Prepayments increased by 72.14% compared to the beginning of the period, attributed to an increase in prepaid lease payments[15]. - Other receivables increased by 3.12 times compared to the beginning of the period, mainly due to an increase in advance payments made[15]. - Accounts payable decreased by 34.43% compared to the beginning of the period, primarily due to payments for previous period's procurement debts[15]. - Tax payable decreased by 68.39% compared to the beginning of the period, mainly due to the payment of taxes owed from the previous period[15]. - Net cash flow from operating activities decreased by 105% year-on-year, primarily due to significant payments for goods[15]. - Net cash flow from financing activities increased year-on-year, mainly due to an increase in bank loans[15]. Non-Recurring Items - The company reported non-recurring losses totaling -¥1,178,160.35 during the reporting period[9].