SONGZ(SZ:002454)2015-04-29 03:44Financial Performance - The company's operating revenue for Q1 2015 was ¥596,108,724.10, representing a 14.92% increase compared to ¥518,711,129.48 in the same period last year[7]. - The net profit attributable to shareholders for Q1 2015 was ¥72,959,118.71, an increase of 11.69% from ¥65,324,444.06 in Q1 2014[7]. - The basic earnings per share for Q1 2015 was ¥0.18, up 12.50% from ¥0.16 in Q1 2014[7]. - Net profit for Q1 2015 reached CNY 80,385,780.59, representing a 8.99% increase from CNY 74,024,124.99 in Q1 2014[29]. - The net profit attributable to shareholders of the parent company was CNY 72,959,118.71, up 11.06% from CNY 65,324,444.06 in the previous year[30]. - Operating profit for Q1 2015 was CNY 83,641,709.14, slightly down from CNY 85,491,248.92 in Q1 2014[29]. - The company reported a total profit of CNY 95,224,641.57 for Q1 2015, up from CNY 90,605,523.39 in Q1 2014[29]. Cash Flow - The net cash flow from operating activities decreased significantly by 76.56%, amounting to ¥8,959,750.98 compared to ¥38,231,392.63 in the previous year[7]. - The net cash flow from operating activities for Q1 2015 was ¥8,959,750.98, a decrease of 76.5% compared to ¥38,231,392.63 in Q1 2014[36]. - The total cash inflow from operating activities was ¥362,307,635.62, an increase from ¥324,518,712.59 in the previous year[38]. - The total cash outflow from operating activities was ¥353,256,164.95, a decrease from ¥365,401,557.75 in Q1 2014[38]. - Cash inflow from financing activities totaled ¥80,000,000.00, up from ¥50,000,000.00 in Q1 2014[36]. - The net cash flow from financing activities was -¥21,082,800.00, compared to a positive cash flow of ¥49,771,259.83 in the previous year[37]. - The ending balance of cash and cash equivalents increased to ¥458,563,524.99, up from ¥273,268,063.55 in Q1 2014[37]. - Cash received from sales of goods and services was CNY 448,281,979.61, a decrease of 13.18% from CNY 516,332,327.39 in the same period last year[35]. Assets and Liabilities - The total assets at the end of Q1 2015 were ¥3,737,133,678.45, a slight decrease of 0.25% from ¥3,746,437,082.59 at the end of the previous year[7]. - Total assets decreased from ¥3,746,437,082.59 at the beginning of the year to ¥3,737,133,678.45 by the end of the quarter, a decline of approximately 0.24%[20]. - Current assets totaled ¥2,810,975,696.44, slightly down from ¥2,823,699,477.98, indicating a decrease of about 0.45%[20]. - Total liabilities decreased from ¥1,291,515,962.70 to ¥1,201,826,777.97, a reduction of about 6.95%[22]. - Total liabilities amounted to CNY 703,181,400.24, compared to CNY 725,999,821.48 in the previous period[26]. - The company's equity attributable to shareholders rose to ¥2,390,106,826.05 from ¥2,317,147,707.34, an increase of approximately 3.15%[23]. - Total equity increased to CNY 2,337,705,820.67 from CNY 2,281,605,210.64 year-over-year[26]. Investments and Income - Investment income for Q1 2015 was ¥4,554,791.46, a 61.98% increase from ¥2,812,003.72 in Q1 2014, primarily due to dividends from associated companies[14]. - The company received government subsidies amounting to ¥11,060,000 in the current period, contributing to a 121.43% increase in non-operating income compared to the previous year[14]. - Total cash inflow from investment activities was ¥270,832,943.35, an increase of 35% from ¥200,594,128.94 in the previous year[36]. - The net cash flow from investment activities was ¥87,970,365.14, recovering from a negative cash flow of ¥35,087,046.76 in the same period last year[36]. - The cash inflow from recovering investments was ¥210,500,000.00, significantly higher than ¥41,000,000.00 in the previous year[40]. Future Outlook - The company expects the net profit attributable to shareholders for the first half of 2015 to range between ¥142,048,600 and ¥184,663,200, indicating a potential increase of up to 30% compared to the same period last year[16]. - The company is focusing on expanding its market presence and enhancing product development to drive future growth[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,844[10]. Audit Information - The company did not conduct an audit for the Q1 2015 report[41].