潍柴重机(000880) - 2016 Q1 - 季度财报

Financial Performance - Revenue for the first quarter was CNY 385,901,596.54, a decrease of 27.82% compared to CNY 534,651,602.67 in the same period last year[6] - Net profit attributable to shareholders was CNY 6,661,607.66, down 31.65% from CNY 9,746,928.76 year-on-year[6] - Net profit excluding non-recurring gains and losses was CNY 4,205,198.58, a decline of 49.19% compared to CNY 8,276,434.82 in the previous year[6] - The total profit for the current period is 7,085,828.56, a decrease of 4,627,244.58 or 39.50% compared to the previous period[14] Cash Flow - Operating cash flow turned positive with a net cash flow of CNY 816,039.07, a significant improvement from a negative CNY 65,604,904.31 in the same period last year, representing a 101.24% increase[6] - The net cash flow from operating activities is 816,039.07, an increase of 66,420,943.38 or 101.24% compared to the previous period[15] - The net cash flow from investment activities is -20,342,360.11, a decrease of 56,628,551.26 or 73.57% compared to the previous period[15] - The net increase in cash and cash equivalents is -19,518,179.60, an improvement of 123,057,636.08 or 86.31% compared to the previous period[15] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,381,704,950.36, down 1.91% from CNY 3,447,613,940.48 at the end of the previous year[6] - Net assets attributable to shareholders increased by 0.57% to CNY 1,290,924,326.13 from CNY 1,283,548,324.19 at the end of the previous year[6] - The company reported a decrease of 40.05% in notes receivable, amounting to CNY 47,522,670.01 compared to CNY 79,267,750.25 at the beginning of the period[13] Government Support and Other Income - The company recognized government subsidies of CNY 2,475,049.48 during the reporting period, contributing to its non-recurring gains[7] - Other income increased by 1,128,365.81 or 63.92% compared to the previous period, mainly due to subsidies received for industrial transformation projects[14] Tax and Expenses - Operating tax and additional fees decreased by 524,292.17 or 33.03% compared to the previous period, mainly due to a reduction in VAT payable[14] - Income tax expenses decreased by 1,559,564.16 or 85.99% compared to the previous period, attributed to the decrease in total profit[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,925[9] - The largest shareholder, Weichai Holding Group Co., Ltd., holds 30.59% of the shares, totaling 84,465,500 shares[9] Future Outlook - The company is currently fulfilling commitments related to asset replacement and ensuring no conflict of interest with its subsidiaries[17] - There are no significant changes expected in the company's operating performance for the first half of 2016 compared to the previous year[18]