万年青(000789) - 2016 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2016 was ¥1,039,914,926.01, a decrease of 14.53% compared to ¥1,216,689,702.22 in the same period last year[8]. - Net profit attributable to shareholders was ¥5,244,000.83, down 90.93% from ¥57,794,743.79 year-on-year[8]. - The net cash flow from operating activities was negative at -¥34,272,732.70, a decline of 166.49% compared to ¥51,542,734.15 in the previous year[8]. - Basic earnings per share decreased by 90.98% to ¥0.0085 from ¥0.0942 in the same period last year[8]. - Operating profit dropped by 94.70% from 82.91 million to 4.39 million, mainly attributed to a decline in product sales prices[17]. - Total profit decreased by 85.46% from 115.38 million to 16.77 million, primarily due to lower product sales prices[17]. - Net profit fell by 94.96% from 84.26 million to 4.25 million, mainly due to a decrease in product sales prices[17]. Assets and Shareholder Information - Total assets at the end of the reporting period were ¥8,747,535,286.34, a decrease of 2.89% from ¥9,008,075,145.59 at the end of the previous year[8]. - The total number of ordinary shareholders at the end of the reporting period was 47,814[13]. - The largest shareholder, Jiangxi Cement Co., Ltd., held 42.58% of the shares, totaling 261,194,862 shares[13]. Changes in Financial Position - Accounts receivable decreased by 37.83% from 257.91 million to 160.35 million due to the maturity and payment of notes[17]. - Prepayments increased by 193.54% from 65.35 million to 191.82 million primarily due to advance payments for equipment[17]. - Employee compensation payable decreased by 73.41% from 46.08 million to 12.25 million due to actual salary payments[17]. - Taxes payable decreased by 66.98% from 44.99 million to 14.86 million due to actual tax payments[17]. - Interest payable increased by 238.19% from 7.81 million to 26.41 million primarily due to accrued interest on corporate bonds[17]. Non-Recurring Items and Accounting Policies - The company reported non-recurring gains and losses totaling ¥585,846.90 for the reporting period[10]. - There were no significant changes in the company's accounting policies or restatements of previous years' financial data[8]. Return on Assets - The weighted average return on net assets was 0.20%, down from 2.28% in the same period last year, a decrease of 2.08%[8].