NBHX(002048)2015-04-23 16:00Financial Performance - The company's operating revenue for Q1 2015 was ¥2,397,520,875.38, representing a 17.57% increase compared to ¥2,039,154,173.21 in the same period last year[10] - Net profit attributable to shareholders decreased by 31.10% to ¥75,325,253.11 from ¥109,326,432.84 year-on-year[10] - The net profit after deducting non-recurring gains and losses was ¥74,452,697.78, down 29.49% from ¥105,589,511.70 in the previous year[10] - Basic earnings per share decreased by 33.33% to ¥0.14 from ¥0.21 in the same period last year[10] - The estimated net profit for the first half of 2015 is projected to range from ¥21,537.61 million to ¥30,767.23 million, reflecting a decrease of 30.00% to 0.00% compared to the same period in 2014[21] - The net profit for Q1 2015 was CNY 131,561,553.12, a decrease from CNY 144,486,549.71 in the previous year, reflecting a decline of about 8.5%[36] - The total comprehensive income for Q1 2015 was CNY 473,151,406.26, compared to CNY 342,986,249.71 in the same period last year, indicating an increase of approximately 38.0%[37] Cash Flow - The net cash flow from operating activities improved significantly to ¥142,654,472.58, compared to a negative cash flow of ¥205,411,758.22 in the same period last year[10] - The cash flow from operating activities for Q1 2015 was CNY 142,654,472.58, a significant improvement from a negative cash flow of CNY -205,411,758.22 in the same period last year[43] - The net cash flow from operating activities was -142,551,177.01 CNY, compared to -108,464,133.41 CNY in the previous period, indicating a decline in operational cash generation[46] - Total cash inflow from financing activities was 221,146,305.86 CNY, while cash outflow was 112,938,477.41 CNY, resulting in a net cash flow of 108,207,828.45 CNY from financing activities[44] - The total cash outflow from investing activities was 80,316,000.31 CNY, leading to a net cash flow of -43,816,000.31 CNY from investing activities[47] - The company experienced a net decrease in cash and cash equivalents of 64,277,794.19 CNY during the period[44] Assets and Liabilities - Total assets increased by 11.05% to ¥9,543,455,160.47 from ¥8,593,512,743.54 at the end of the previous year[10] - The total liabilities increased to CNY 4,216,591,579.46 from CNY 3,739,800,568.78, representing a growth of 12.8%[30] - The net assets attributable to shareholders rose by 9.71% to ¥4,711,870,685.88 from ¥4,294,955,579.64 at the end of the previous year[10] - Cash and cash equivalents decreased to CNY 283,608,460.97 from CNY 486,078,104.65, a decline of 41.7%[31] - Accounts receivable increased significantly to CNY 547,232,192.15 from CNY 227,377,177.31, showing a growth of 141.5%[31] - Inventory levels decreased to CNY 6,344.47 from CNY 48,854.48, a reduction of 87.0%[31] - Non-current assets totaled CNY 4,155,554,894.27, up from CNY 3,656,963,074.08, indicating an increase of 13.7%[32] - The company's total assets reached CNY 5,515,424,849.59, compared to CNY 5,009,302,025.53, reflecting a growth of 10.1%[32] - The company reported a decrease in short-term borrowings to CNY 40,000,000.00 from CNY 80,000,000.00, a reduction of 50.0%[32] Expenses - Total operating costs for Q1 2015 were CNY 2,247,198,141.69, up from CNY 1,894,847,602.76, reflecting a year-over-year increase of 18.6%[35] - Operating taxes and surcharges increased by 35.56% to ¥14,030,010.96, corresponding to sales growth[18] - Management expenses surged by 65.33% to ¥236,074,324.87 due to increased sales and domestic project development costs[18] - Financial expenses increased by 65.31% to ¥5,367,420.50, attributed to higher loan interest[18] - Income tax expenses rose by 47.54% to ¥46,344,347.37 due to increased total profit[18] - The company reported a financial expense of CNY 5,367,420.50 for Q1 2015, an increase from CNY 3,246,806.35 in the previous year, indicating a rise of approximately 65.5%[36] - The company recorded a sales expense of CNY 65,421,945.23 for Q1 2015, an increase from CNY 56,949,964.43 in the previous year, reflecting a growth of approximately 15.5%[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,910[13] - The largest shareholder, Zhou Xiaofeng, holds 16.97% of the shares, totaling 89,936,799 shares[13] Construction and Investments - The construction in progress increased by 33.17% to ¥399,624,563.96 due to new factory construction and equipment purchases[18] - Accounts payable rose by 136.04% to ¥418,351,040.15 primarily due to the issuance of acceptance bills[18] - Long-term borrowings increased by 47.81% to ¥74,988,686.44 as a result of increased bank loans[18] - Deferred tax liabilities increased by 33.21% to ¥428,025,792.91 due to fair value changes in available-for-sale financial assets[18] - Other comprehensive income rose by 41.24% to ¥1,169,864,171.69, reflecting fair value changes in available-for-sale financial assets[18]