天汽模(002510) - 2016 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2016 was ¥400,629,014.93, representing a 31.31% increase compared to ¥305,100,154.16 in the same period last year[7] - Net profit attributable to shareholders was ¥19,782,786.78, up 10.83% from ¥17,850,012.50 year-on-year[7] - The basic earnings per share increased by 25.00% to ¥0.05 from ¥0.04 in the previous year[7] - The company's operating revenue for the current period is CNY 400,629,014.93, an increase of 31.31% compared to the same period last year, primarily due to growth in the mold business sales revenue[12] - The operating cost for the current period is CNY 321,732,608.58, an increase of 40.07% year-on-year, attributed to the growth in mold business sales revenue and a decline in gross margins for both the mold and stamping businesses[13] - Financial expenses for the current period amount to CNY 7,739,504.41, reflecting a 45.38% increase year-on-year, mainly due to increased bank borrowing and the issuance of convertible bonds[14] - Investment income for the current period is CNY 11,169,273.82, up 47.89% from the previous year, driven by profit growth from joint ventures Dongfeng (Wuhan) Industrial Co., Ltd. and Zhuzhou Huilong Industrial Development Co., Ltd.[16] - The company expects net profit attributable to shareholders for the first half of 2016 to be between CNY 6,937.65 million and CNY 9,386.23 million, representing a change of -15.00% to 15.00% compared to the same period last year[21] Assets and Shareholder Information - Total assets at the end of the reporting period reached ¥4,024,697,079.34, an increase of 8.25% from ¥3,718,133,459.50 at the end of the previous year[7] - The company's net assets attributable to shareholders increased by 4.54% to ¥1,868,977,832.42 from ¥1,787,816,995.00 at the end of the previous year[7] - The number of ordinary shareholders at the end of the reporting period was 34,729[10] - The largest shareholder, Hu Jingsheng, held 7.31% of the shares, amounting to 30,096,364 shares, with 22,572,273 shares pledged[10] Cash Flow and Other Financial Activities - Cash flow from operating activities showed a net outflow of ¥31,722,064.41, worsening from a net outflow of ¥21,815,870.96 in the same period last year[7] - The company issued convertible bonds, resulting in cash inflow of CNY 410,458,000.00 during the current period, compared to zero in the same period last year[18] - The company received other cash related to operating activities amounting to CNY 21,072,991.74, an increase of 165.29% year-on-year, primarily due to an increase in recovered contract or bid guarantees[17] - Other payables as of March 31, 2016, amount to CNY 21,066,912.47, an increase of 74.79% from the beginning of the period, mainly due to an increase in employee travel expense advances[8] Other Financial Metrics - The company's cash and cash equivalents increased by 84.15% to ¥694,284,228.43 due to the inflow of funds from convertible bonds[14] - Other receivables rose by 37.6% to ¥81,346,664.85, primarily due to increased bid deposits and employee travel advances[14] - The company reported a decrease in minority interests to CNY 5,942,461.69, down 56.65% from the beginning of the period, due to Tianjin Motor Dies (Hunan) not being included in the consolidated financial statements[11] - The company reported a decrease in other comprehensive income to CNY -1,319,985.74, a reduction of 329.31% from the beginning of the period, mainly due to an expanded foreign currency translation difference from the European subsidiary[10]