THGW(SH:600365)2015-04-27 16:00Financial Performance - Operating revenue surged by 494.23% to CNY 104,093,181.30 compared to the same period last year[8] - Net profit attributable to shareholders increased by 535.34% to CNY 2,673,052.87 compared to the same period last year[8] - Basic earnings per share increased by 400% to CNY 0.01 compared to the same period last year[8] - The company reported a significant increase in revenue, reaching ¥104,093,181.30 for Q1 2015, a 494.23% increase compared to ¥17,517,353.34 in Q1 2014[22] - The net profit attributable to the parent company was ¥2,673,052.87, marking a 535.34% increase from ¥420,727.75 in Q1 2014[22] - The net profit for Q1 2015 was CNY 6,472,343.19, a substantial increase from CNY 483,711.27 in Q1 2014, reflecting a growth of approximately 1248%[40] - The gross profit margin for Q1 2015 was approximately 30.5%, compared to 2.6% in the same period last year, showing a significant improvement[40] Assets and Liabilities - Total assets increased by 22.74% to CNY 937,187,972.21 compared to the end of the previous year[8] - The company's total liabilities increased to ¥178,098,419.79, compared to ¥77,011,730.06 at the start of the year[35] - The company's total assets as of March 31, 2015, were CNY 826,390,329.66, slightly up from CNY 823,007,709.82 at the beginning of the year[38] - The company's total liabilities were CNY 73,632,814.71, up from CNY 68,668,476.12 at the beginning of the year, indicating a rise of approximately 5%[38] - The total equity attributable to shareholders was CNY 752,757,514.95, down from CNY 754,339,233.70 at the beginning of the year[38] Cash Flow - Cash flow from operating activities improved significantly, with a net cash flow of CNY -13,996,083.42, an improvement from CNY -47,690,889.37 in the previous year[8] - The cash inflow from operating activities was CNY 206,869,681.63, a significant increase from CNY 19,644,307.84 in the previous period, representing a growth of approximately 950%[45] - The cash outflow from operating activities totaled CNY 220,865,765.05, compared to CNY 67,335,197.21 in the prior period, indicating an increase of about 228%[45] - The net cash flow from operating activities was negative at CNY -13,996,083.42, an improvement from CNY -47,690,889.37 in the previous period[45] - The total cash inflow from operating activities in the first quarter was CNY 129,409,710.62, compared to CNY 15,114,774.51 in the same period last year, marking an increase of approximately 757%[49] - The total cash outflow from operating activities was CNY 154,923,718.44, up from CNY 56,271,548.59, reflecting an increase of about 175%[49] - The net cash flow from operating activities for the first quarter was CNY -25,514,007.82, an improvement from CNY -41,156,774.08 in the previous year[49] - The company reported a net decrease in cash and cash equivalents of CNY -105,292,308.62 for the quarter, compared to a decrease of CNY -127,815,830.59 in the same period last year[49] Acquisitions and Investments - The company acquired Beijing Jiurunyuan E-commerce Co., Ltd., impacting various financial metrics including goodwill and inventory[13][17][18] - Short-term borrowings increased by 100% to CNY 4,000,000.00 as a result of the acquisition[12][19] - Other payables rose by 396.63% to CNY 69,328,188.53, primarily due to the acquisition of Beijing Jiurunyuan E-commerce Co., Ltd.[12][20] - The company acquired a 51% stake in Beijing Jiurunyuan E-commerce Co., leading to a 3417.22% increase in minority interests compared to the beginning of the year[21] - The financial expenses increased by 393.41% to ¥703,988.52, attributed to short-term borrowings of ¥4 million from the acquired company[23] - The company recorded a 4614.09% increase in income tax expenses, totaling ¥2,882,410.23, due to the acquisition's impact[27] Receivables and Payables - Other receivables increased by 197.09% to CNY 65,923,210.50 due to increased advance payments from Tongpu Dalian Wine Culture Communication Development Co., Ltd.[12][16] - The company reported a significant increase in accounts receivable, which rose to CNY 35,066,903.01 from CNY 33,202,474.55 at the beginning of the year[37]