WISCOM(SZ:002090)2015-05-06 16:00Financial Performance - The company's operating revenue for Q1 2015 was ¥272,411,258.25, representing an increase of 8.50% compared to ¥251,074,264.66 in the same period last year[8] - Net profit attributable to shareholders was ¥54,586,191.01, a significant increase of 242.63% from ¥15,931,477.36 in the previous year[8] - Basic earnings per share rose to ¥0.2626, up 236.24% from ¥0.0781 in the same period last year[8] - The company's net profit attributable to shareholders increased by 242.00% year-on-year, primarily due to the completion of the transfer of 13 million shares of Jiangsu Bank, resulting in an investment income impact[16] - The company's net profit for Q1 2015 reached CNY 53,919,482.34, a significant increase from CNY 15,765,815.60 in the same period last year, representing a growth of approximately 242.5%[41] - The total comprehensive income for Q1 2015 was CNY 47,239,597.22, compared to CNY 17,085,180.89 in the same period last year, representing an increase of about 176.5%[42] - The total profit for Q1 2015 was CNY 58,960,345.21, compared to CNY 16,803,411.47 in the same period last year, indicating an increase of approximately 250.5%[41] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,726,469,493.07, reflecting a growth of 4.67% from ¥1,649,401,916.30 at the end of the previous year[8] - The net assets attributable to shareholders increased by 7.11% to ¥772,510,155.95 from ¥721,209,002.66 at the end of the previous year[8] - Total assets reached CNY 1,127,481,029.55, down from CNY 1,141,652,831.17[37] - Total liabilities were CNY 446,945,397.13, compared to CNY 513,606,031.39 in the previous period[38] - Owner's equity increased to CNY 680,535,632.42 from CNY 628,046,799.78[38] Cash Flow - The net cash flow from operating activities was negative at -¥40,852,195.17, worsening by 13.65% compared to -¥35,944,148.76 in the previous year[8] - The company's cash flow from operating activities was CNY 279,847,602.42, slightly up from CNY 273,064,331.20 in the previous year[48] - The company's cash flow from operating activities was negatively impacted by increased payments for goods and services, totaling 134,133,911.16 CNY[52] - The company reported a total cash outflow from operating activities of 190,470,838.04 CNY, which was higher than the previous period's outflow of 155,230,971.72 CNY[52] - The company experienced a net increase in cash and cash equivalents of -21,628,350.09 CNY during the period[53] Investments and Projects - The company reported non-recurring gains of ¥38,955,812.42, primarily from the disposal of non-current assets, including a profit of ¥43,420,000 from transferring 13 million shares of Jiangsu Bank[9] - Long-term borrowings increased by 404.69% year-on-year, mainly due to a new long-term loan of 100 million yuan for a wind power project by the subsidiary Qian New Energy[16] - The construction of the Xinjiang Changji Mulei Laojunmiao Wind Power Plant Phase I (49.5MW) project has commenced, with a total planned investment of 408.44 million yuan, and cumulative investment as of December 31, 2014, reached 45.79 million yuan[21] - The company is actively involved in the construction of a wind power project in Xinjiang, indicating a focus on renewable energy investments[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,839[12] - Jiangsu Jinzhigroup Co., Ltd. held 46.63% of the shares, with 65,500,000 shares pledged[12] - The company has committed to avoiding competition with its major shareholders, ensuring compliance with its long-term commitments[24] Tax and Expenses - The company's tax expenses increased by 40.49% year-on-year, mainly due to the payment of various taxes for the year 2014[16] - The company's management expenses increased to CNY 42,444,534.18 from CNY 34,310,332.64, reflecting a rise of about 23.5%[41] - The financial expenses for Q1 2015 were CNY 4,414,067.57, slightly up from CNY 4,166,300.44 in the previous year, indicating an increase of approximately 5.9%[41] Other Financial Metrics - The company's cash received from investment income decreased by 70.82% year-on-year, primarily due to the previous year's dividend from Zijin Trust[16] - The company's construction in progress increased by 193.08% year-on-year, driven by the ongoing projects in Xinjiang and the production debugging center[16] - The company plans to issue 18,211,919 shares at a price of 12.08 yuan per share, aiming to raise up to 220 million yuan for operational funding[19] - The company has no securities investments during the reporting period, reflecting a conservative investment strategy[26] - The company has not held shares in other listed companies during the reporting period, maintaining a focused investment approach[27]