天顺风能(002531) - 2016 Q1 - 季度财报

Financial Performance - Revenue for Q1 2016 was CNY 381,617,971.92, an increase of 17.54% compared to CNY 324,661,202.43 in the same period last year[8] - Net profit attributable to shareholders was CNY 69,651,502.21, representing an 80.16% increase from CNY 38,661,843.80 year-on-year[8] - Net profit excluding non-recurring items reached CNY 64,649,082.61, up 103.60% from CNY 31,752,876.46 in the previous year[8] - Basic earnings per share increased by 60.00% to CNY 0.08 from CNY 0.05 in the same period last year[8] - The company expects a net profit attributable to shareholders for the first half of 2016 to range from 179.27 million to 215.13 million RMB, representing a growth of 50.00% to 80.00% compared to the same period in 2015[23] Assets and Shareholder Information - Total assets at the end of the reporting period were CNY 4,332,009,668.32, a decrease of 6.70% from CNY 4,643,182,349.09 at the end of the previous year[8] - Net assets attributable to shareholders increased by 3.05% to CNY 2,327,960,444.79 from CNY 2,259,030,225.38 at the end of the previous year[8] - The number of ordinary shareholders at the end of the reporting period was 45,627[12] - The largest shareholder, Shanghai Tianshen Investment Management Co., Ltd., held 35.80% of shares, totaling 294,640,000 shares[12] Cash Flow and Expenses - The company reported a net cash flow from operating activities of CNY 19,284,543.66, down 58.83% from CNY 46,841,618.79 in the previous year[8] - The net cash flow from operating activities decreased by 58.83% year-on-year, attributed to increased purchases of goods[16] - The net cash flow from investing activities decreased by 68.94% year-on-year, due to increased principal disbursements in factoring business and asset acquisition payments[16] - The company's cash and cash equivalents decreased by 37.40% compared to the beginning of the period due to significant payments for newly constructed wind farm projects[16] - Sales expenses increased significantly due to the full coverage of transportation costs for certain overseas projects[16] - Income tax expenses increased by 55.91% year-on-year, reflecting a substantial increase in performance compared to the previous year[16] Non-Recurring Items and Acquisitions - Non-recurring gains and losses totaled CNY 5,002,419.60 for the reporting period[9] - Other receivables increased significantly, mainly due to payments for equity acquisition that are still being processed[16] - The company has completed the acquisition of a 57.679% stake in Zhuhai Nanfang Guangli Wind Power Equipment Co., Ltd[20] - The company is in the process of a non-public offering of A-shares, with related matters ongoing as of the end of the reporting period[17]