GREE(SZ:000651)2015-04-29 16:00Financial Performance - Revenue for Q1 2015 was ¥24,503,900,149.25, a decrease of 0.66% compared to ¥24,666,818,944.63 in the same period last year[8] - Net profit attributable to shareholders was ¥2,775,358,656.61, an increase of 23.09% from ¥2,254,662,950.95 year-on-year[8] - Net profit excluding non-recurring gains and losses was ¥2,655,357,773.33, down 10.31% from ¥2,960,736,293.75 in the previous year[8] - Basic and diluted earnings per share were both ¥0.92, up 23.09% from ¥0.75 in the same quarter last year[8] Cash Flow and Assets - Operating cash flow for the period was ¥23,158,828,378.12, reflecting a 9.66% increase from ¥21,119,688,977.99[8] - Total assets at the end of the period were ¥162,609,482,889.96, a 4.08% increase from ¥156,230,948,479.88 at the end of the previous year[8] - Cash and cash equivalents increased by 45.64% to ¥79,441,307,456.42 due to the maturity of bills[16] - Accounts receivable decreased by 40.80% to ¥29,884,507,063.24, attributed to the maturity of bills[16] - Prepaid accounts increased by 64.64% to ¥2,620,158,079.18, due to increased payments to suppliers[16] Shareholder Information - Net assets attributable to shareholders increased by 6.30% to ¥46,933,979,811.83 from ¥44,152,654,824.68[8] - The total number of ordinary shareholders at the end of the reporting period was 112,330[12] - The largest shareholder, Zhuhai Gree Group Co., Ltd., held 18.22% of shares, with 548,127,812 shares pledged[12] Investment and Financing Activities - Short-term borrowings rose by 38.41% to ¥4,953,212,939.70, resulting from new short-term loans[16] - Cash flow from investment activities increased by 210.46% to ¥1,645,890,014.12, mainly due to increased outflows for infrastructure activities[16] - Cash flow from financing activities increased by 49.05% to ¥3,217,130,227.49, due to increased inflows from borrowings[16] - The company holds 32,296,600 shares of WANDA COMM-H, with a book value of ¥1,226,857,403.52[19] - Investment income decreased by 124.41% to -¥59,324,493.89, primarily due to reduced gains from forward foreign exchange transactions[16] Risk Management - The company reported a loss of ¥1,866.62 million from futures hedging contracts during the reporting period[22] - The company has implemented risk control measures for derivative investments, including strict limits on hedging quantities[22] Investor Relations - The company engaged in multiple communication activities with institutional investors, discussing operational performance[23] - The discussions included insights from various investment firms such as Matthews International Capital Management and Platinum Asset Management[23] - The company hosted a site visit for the "Most Beautiful Manufacturing in China" event organized by the China Operators Club[23]