IDEAL(SZ:002740)2015-04-23 16:00Financial Performance - The company's operating revenue for Q1 2015 was ¥171,164,668.46, representing a 15.93% increase compared to ¥147,642,057.26 in the same period last year[7] - Net profit attributable to shareholders was ¥11,574,215.06, up 10.61% from ¥10,464,387.09 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥11,381,142.16, a significant decrease of 86.70% compared to ¥85,559,545.93 in the previous year[7] - Total operating revenue for Q1 2015 was CNY 171,164,668.46, an increase of 15.93% compared to CNY 147,642,057.26 in the same period last year[31] - Net profit for Q1 2015 reached CNY 11,574,215.06, representing a 10.59% increase from CNY 10,464,387.09 in Q1 2014[32] - Total comprehensive income for the first quarter was CNY 13,112,708.73, an increase from CNY 11,419,271.63 in the previous year, representing a growth of approximately 14.8%[37] Assets and Liabilities - The company's total assets increased by 45.78% to ¥1,228,967,062.77 from ¥843,016,839.25 at the end of the previous year[7] - The company's total assets amounted to CNY 1,235,179,209.17, compared to CNY 848,879,689.13 in the previous year, indicating a growth of 45.66%[29] - The total liabilities of the company as of March 31, 2015, were 320.56 million RMB, an increase from 306.16 million RMB at the beginning of the period[25] - Total liabilities increased to CNY 318,438,052.80 from CNY 305,227,550.46, marking a rise of 4.00%[29] Shareholder Equity - The net assets attributable to shareholders rose by 69.21% to ¥908,405,091.96 from ¥536,854,567.92 at the end of the previous year[7] - The company's equity attributable to shareholders increased to CNY 916,741,156.37, up from CNY 543,652,138.67, reflecting a significant increase of 68.73%[29] Cash Flow - Cash flow from operating activities showed a net outflow of ¥247,520,049.22, an improvement of 7.59% compared to the outflow of ¥267,861,467.13 in the same period last year[7] - Cash inflow from operating activities totaled CNY 112,863,310.15, compared to CNY 118,292,032.96 in the previous year, indicating a decrease of about 4.3%[39] - Net cash flow from operating activities was CNY -247,520,049.22, slightly improved from CNY -267,861,467.13 in the same period last year[40] - Cash inflow from financing activities reached CNY 467,000,000.00, significantly higher than CNY 75,000,000.00 in the previous year, marking an increase of over 523%[41] - Net cash flow from financing activities was CNY 203,711,238.86, compared to CNY 21,620,958.33 in the previous year, reflecting a substantial increase of approximately 841%[41] Operational Metrics - The company's basic and diluted earnings per share decreased by 36.84% to ¥0.12 from ¥0.19 year-on-year[7] - Basic earnings per share for Q1 2015 were CNY 0.12, down from CNY 0.19 in the same quarter last year[33] - The company reported a gross profit margin of approximately 9.93% for Q1 2015, compared to 10.00% in Q1 2014[32] Inventory and Receivables - Accounts receivable increased by 49.75% compared to the end of the previous year, attributed to the company's sales policy[14] - The company reported a significant increase in accounts receivable, which rose to 269.95 million RMB from 180.27 million RMB at the beginning of the period[23] - The company's inventory as of March 31, 2015, was 468.15 million RMB, compared to 336.20 million RMB at the beginning of the period, indicating a significant increase[23] Commitments and Future Plans - The company has ongoing commitments to stabilize stock prices and avoid competition in the same industry, with commitments made on January 22, 2015, and set to last indefinitely[16] - The company has committed to fulfilling its promises to minority shareholders in a timely manner[16] - The company is currently in the process of fulfilling its commitments related to stock price stabilization and share lock-up agreements[16] - The company plans to continue expanding its market presence and invest in new product development to drive future growth[32]