*ST天山(300313) - 2015 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2015 was CNY 17,823,490.78, an increase of 24.09% compared to CNY 14,363,265.86 in the same period last year[8] - Net profit attributable to shareholders was CNY -8,095,342.11, a significant decrease of 10,973.60% from CNY 74,449.51 in the previous year[8] - Basic and diluted earnings per share were both CNY -0.0890, a decline of 11,225.00% compared to CNY 0.0008 in the previous year[8] - The company's net profit for Q1 2015 was -9,115,063.07 yuan, a decrease of 9,408.95% compared to the same period last year[26] - Operating profit for the same period was -9,746,485.44 yuan, reflecting a significant increase in expenses due to ongoing investments in beef cattle and breeding operations[26] - The company reported a comprehensive loss of CNY 17,537,216.74 for the quarter, contrasting with a comprehensive income of CNY 97,917.21 in the same quarter last year[66] Cash Flow - Net cash flow from operating activities was CNY -92,360,485.91, down 1,725.80% from CNY 5,680,915.77 in the same period last year[8] - Cash inflows from operating activities totaled CNY 23,934,199.63, a decrease from CNY 67,715,461.81 in the same period last year[71] - The net cash flow from operating activities was -92,360,485.91 CNY, a significant decrease compared to 5,680,915.77 CNY in the previous period[72] - Cash inflow from financing activities increased by 541.30% to 64.90 million yuan, primarily due to an increase in short-term borrowings[27] - The net cash flow from financing activities was 48,405,255.77 CNY, a significant increase from 9,624,106.53 CNY year-over-year[73] Assets and Liabilities - Total assets at the end of the reporting period were CNY 660,017,544.96, an increase of 8.20% from CNY 610,012,373.40 at the end of the previous year[8] - The company's total liabilities reached CNY 204,295,226.29, compared to CNY 173,575,443.57 at the beginning of the year, showing an increase of about 17.7%[58] - The equity attributable to shareholders decreased to CNY 382,667,962.97 from CNY 395,245,973.90, a decline of approximately 3.2%[59] - The company's cash and cash equivalents decreased to CNY 143,045,096.54 from CNY 182,578,621.22, representing a decline of approximately 21.7%[56] Operational Costs - Operating costs increased by 49.84% year-on-year, totaling 12.16 million yuan, leading to a total profit of -8.78 million yuan, a decline of 6,591.72%[28] - The company reported a significant increase in prepayments, which rose to CNY 29,276,826.59 from CNY 826,122.50, indicating a growth of over 3,400%[56] - The overall sales cost of frozen semen increased by 198.12%, leading to a 28 percentage point decline in gross profit margin[29] Strategic Plans and Risks - The company plans to improve performance by expanding self-produced frozen semen sales and actively exploring the imported frozen semen market[12] - The company faces risks including policy changes regarding quality seed subsidies and potential outbreaks of animal diseases affecting production[12] - The company is facing risks related to fundraising investment projects due to uncertainties in market conditions, which may affect the timely completion and smooth implementation of projects[35] - The company expects stable support from government subsidy policies for high-quality dairy cattle, which may impact future operations if these policies change[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 4,549[15] - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of listing on the Shenzhen Stock Exchange[42] - The lock-up period for shares held by major shareholders has been extended by 12 months until April 27, 2015, following the initial lock-up period[43] Investment and Fundraising - The total amount of funds raised in the current quarter is RMB 26,099.82 million, with a cumulative usage of 99.01%[46] - The company plans to use RMB 1,800 million of the raised funds for permanent working capital supplementation[46] - The company has invested RMB 2,561.15 million in the breeding project for fine sheep, with a cumulative investment of RMB 1,117.61 million[46] - The company has not encountered significant changes in project feasibility during the reporting period[46]