江南化工(002226) - 2016 Q1 - 季度财报

Financial Performance - Revenue for Q1 2016 was CNY 232,399,702.99, a decrease of 10.47% compared to CNY 259,581,202.38 in the same period last year[8]. - Net profit attributable to shareholders was CNY 582,335.88, down 96.90% from CNY 18,812,193.27 year-on-year[8]. - Net cash flow from operating activities was CNY -18,715,912.05, a decline of 300.42% compared to CNY 9,338,459.12 in the previous year[8]. - The weighted average return on equity was 0.02%, down 0.72% from 0.74% in the same period last year[8]. - Investment income for the reporting period was CNY -1,416,715.71, a decrease of 110.03% year-on-year due to no dividends received from associates[18]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,209,874,519.19, a decrease of 9.18% from CNY 4,635,330,513.44 at the end of the previous year[8]. - Net assets attributable to shareholders decreased by 11.03% to CNY 2,795,234,248.14 from CNY 3,141,944,067.00[8]. - The company reported a significant increase in notes payable, which rose by 185.73% to CNY 13,327,772.81 due to increased note settlement activities[16]. - Other non-current assets increased by 46.14% to CNY 17,894,398.56, primarily due to prepayments for equipment engineering not yet capitalized[16]. - Deferred income tax liabilities at the end of the reporting period amounted to CNY 117,565,910.11, a decrease of 34.29% compared to the beginning of the year[17]. - Other comprehensive income at the end of the reporting period was CNY 394,270,706.68, down 46.86% from the beginning of the year[17]. Cash Flow - Net cash flow from operating activities for the reporting period was CNY -18,715,912.05, a decrease of CNY 28,054,371.17 compared to the same period last year[19]. - Net cash flow from investing activities for the reporting period was CNY -8,984,487.35, an increase of CNY 31,174,945.39 year-on-year[19]. - Net cash flow from financing activities for the reporting period was CNY -40,770,797.14, an increase of CNY 27,635,359.72 compared to the same period last year[20]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 97,468[12]. - The largest shareholder, Dun'an Holding Group Co., Ltd., held 33.23% of the shares, totaling 262,920,000 shares[12]. Future Outlook - The company expects net profit attributable to shareholders for the first half of 2016 to range from CNY 4,047.94 million to CNY 5,565.92 million, reflecting a year-on-year change of -20.00% to 10.00%[24]. Regulatory and Compliance - The company’s non-public offering of shares was approved by the China Securities Regulatory Commission on February 2, 2016[21]. - There were no violations regarding external guarantees during the reporting period[27]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[28]. - The company did not engage in any research, communication, or interview activities during the reporting period[29]. Presentation - The report was presented by Chairman Feng Zhongbo on April 25, 2016[30].