PRCO(SZ:002225)2015-04-17 16:00Revenue and Profit - Revenue for Q1 2015 was CNY 702,912,161.69, an increase of 10.55% compared to CNY 635,814,750.05 in the same period last year[8]. - Net profit attributable to shareholders was CNY 47,336,022.38, up 12.80% from CNY 41,964,558.85 year-on-year[8]. - Net profit excluding non-recurring gains and losses reached CNY 45,678,537.79, reflecting a 16.88% increase from CNY 39,079,924.33 in the previous year[8]. Cash Flow - Operating cash flow decreased significantly by 65.09%, totaling CNY 7,535,911.26 compared to CNY 21,585,324.41 in the same period last year[8]. - Net cash flow from operating activities decreased by 65.09% year-on-year, mainly due to increased payments to suppliers, employee compensation, and period expenses[24]. - Net cash flow from investing activities increased by 2878.74% year-on-year, primarily due to the receipt of 37.71 million yuan from the disposal of the subsidiary Tibet Punaite[24]. - Total cash inflow from financing activities increased by 141.86% year-on-year, mainly due to an increase in borrowing and the receipt of 13.35 million yuan from non-public stock issuance[24]. - Total cash outflow from financing activities increased by 264.86% year-on-year, primarily due to increased loan repayments by the subsidiary Zhengzhou Huite[25]. - Net cash flow from financing activities decreased by 131.53% year-on-year, as financing payments exceeded financing receipts[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,975,858,774.06, a 1.56% increase from CNY 4,899,461,497.89 at the end of the previous year[8]. - Net assets attributable to shareholders increased by 7.59% to CNY 2,563,181,674.88 from CNY 2,382,393,200.72 at the end of the previous year[8]. - Other receivables grew by 45.06% compared to the beginning of the year, mainly due to increased business loans[16]. - The company reported a 72.25% increase in asset impairment losses, attributed to expanded sales scale and reduced collection rates[22]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 48,415[11]. Future Expectations - The company expects net profit attributable to shareholders for the first half of 2015 to be between 105.35 million yuan and 131.69 million yuan, representing a year-on-year increase of 20.00% to 50.00%[30]. - The expected increase in net profit is attributed to improved management, enhanced technical capabilities, and contributions from the consolidation of Zhengzhou Huite and Yushan Metallurgy[30]. Other Information - The company completed the issuance of 70,872,091 restricted shares related to asset purchases by December 31, 2014[27]. - The company has no securities investments or holdings in other listed companies during the reporting period[31][32].