JHCC(SZ:002484)2015-04-27 16:00Financial Performance - Revenue for Q1 2015 was CNY 237.32 million, a decrease of 7.14% compared to CNY 255.57 million in the same period last year[8]. - Net profit attributable to shareholders was CNY 18.99 million, down 31.86% from CNY 27.87 million year-on-year[8]. - Basic and diluted earnings per share were both CNY 0.0571, a decline of 31.78% compared to CNY 0.0837 in the previous year[8]. - Operating profit, total profit, and net profit all saw declines of approximately 28.66%, 30.45%, and 31.66% respectively, attributed to industry demand decline and increased competition[16]. - The estimated net profit attributable to shareholders for the first half of 2015 is expected to range from CNY 4,586.44 million to CNY 7,644.07 million, representing a decrease of 40.00% to 0% compared to the same period in 2014[19]. Cash Flow - Net cash flow from operating activities decreased by 79.45%, from CNY 59.77 million to CNY 12.28 million[8]. - The net cash flow from operating activities decreased by CNY 47,490,408.92, a decline of 79.45%, primarily due to relaxed credit policies for sales and increased R&D expenses[17]. - The net cash flow from investing activities decreased by CNY 35,728,334.93, a decline of 121.67%, mainly due to increased cash investments in fixed assets[17]. - The net cash flow from financing activities increased by CNY 51,073,447.84, an increase of 91.21%, primarily due to the repayment of bank loans by subsidiaries in the previous year[17]. - The impact of exchange rate changes on cash and cash equivalents increased by CNY 2,382,708.49, an increase of 261.22%, mainly due to the appreciation of the US dollar in the first quarter[17]. Assets and Shareholder Information - Total assets at the end of the reporting period were CNY 1.97 billion, an increase of 0.60% from CNY 1.95 billion at the end of the previous year[8]. - The total number of ordinary shareholders at the end of the reporting period was 18,474[11]. Expenses and Investments - Net cash flow from operating activities decreased by 79.45%, from CNY 59.77 million to CNY 12.28 million[8]. - Management expenses increased by 40.67% to CNY 29.83 million due to higher R&D expenditures[15]. - Investment income decreased by 31.31% to CNY 2.33 million, primarily due to reduced returns from joint ventures[16]. - The company plans to increase R&D investment in new products such as supercapacitors[20]. Return on Equity - The weighted average return on equity was 1.19%, down from 1.89% year-on-year, a decrease of 0.70%[8].