2014-04-29 16:00Financial Performance - Operating revenue for Q1 2014 was RMB 4.74 billion, a 60.58% increase year-on-year[6] - Net profit attributable to shareholders increased by 34.35% to RMB 1.31 billion compared to Q1 2013[6] - Net commission and fee income for Q1 2014 reached RMB 3.08 billion, a 110.35% increase from RMB 1.46 billion in Q1 2013, driven by growth in brokerage, investment banking, and asset management businesses[16] - The net profit attributable to shareholders of the parent company was RMB 1.31 billion in Q1 2014, reflecting a 34.35% increase from RMB 975.33 million in Q1 2013[16] - Net profit for Q1 2014 was ¥1,428,072,408.27, compared to ¥1,004,846,588.36 in Q1 2013, marking an increase of about 42.1%[23] - The net income attributable to shareholders of the parent company was ¥1,310,356,263.18 in Q1 2014, up from ¥975,325,826.07 in the same period last year, reflecting a growth of approximately 34.3%[23] - The comprehensive income totalled ¥1,188,663,232.23 in Q1 2014, up from ¥956,315,876.55 in Q1 2013, representing a growth of approximately 24.3%[23] Asset and Equity Growth - Total assets increased by 17.55% to RMB 318.99 billion compared to the end of 2013[6] - The company’s net assets attributable to shareholders increased by 0.69% to RMB 88.30 billion[6] - The company’s total equity attributable to shareholders of the parent company increased to RMB 226.11 billion as of March 31, 2014, from RMB 192.93 billion at the end of 2013[19] - The total equity attributable to shareholders of the parent company was ¥88,297,315,885.99 in Q1 2014, up from ¥72,248,310,483.50 in Q1 2013, representing a growth of approximately 22.2%[22] Liabilities and Borrowings - Short-term borrowings increased by 67.50% to RMB 4.23 billion compared to the end of 2013[15] - Long-term borrowings surged by 881.83% to RMB 5.57 billion, indicating a significant increase in financing[15] - The total liabilities as of March 31, 2014, were RMB 92.67 billion, compared to RMB 78.67 billion at the end of 2013, indicating an increase in leverage[19] - The total liabilities amounted to ¥228,995,507,981.58 as of Q1 2014, compared to ¥153,857,360,022.53 in Q1 2013, indicating an increase of about 48.9%[22] Cash Flow and Investments - Net cash flow from operating activities was RMB 3.19 billion, a significant recovery from a negative cash flow in the same period last year[6] - Total cash inflow from operating activities reached RMB 44.45 billion, while cash outflow was RMB 41.26 billion, resulting in a net cash inflow of RMB 3.19 billion[25] - The company reported a net cash flow from investing activities of -RMB 6.61 billion, indicating increased investment expenditures compared to the previous year[25] - The company’s cash flow from financing activities showed a net inflow of RMB 8.49 billion, indicating robust financing activities during the quarter[26] Shareholder Information - The number of shareholders at the end of the reporting period was 594,186, with 594,069 being A-share shareholders[14] - The company reported a significant increase in minority shareholders' profit, which rose by 298.76% to RMB 117.72 million in Q1 2014 from RMB 29.52 million in Q1 2013[16] Other Financial Metrics - The weighted average return on equity rose by 0.36 percentage points to 1.48%[6] - The company reported a basic earnings per share of ¥0.12 for Q1 2014, compared to ¥0.09 in Q1 2013[23] - The total operating expenses for Q1 2014 were ¥2,849,984,935.36, an increase from ¥1,617,742,479.73 in Q1 2013, reflecting a growth of approximately 76.0%[23] - The investment income for Q1 2014 was ¥1,305,222,631.71, compared to ¥1,109,737,283.63 in Q1 2013, indicating an increase of about 17.6%[23]