SANY(SH:600031)2014-04-29 16:00Financial Performance - Operating revenue decreased by 10.2% to CNY 10,088,222 thousand year-on-year[5] - Net profit attributable to shareholders decreased by 47.39% to CNY 827,151 thousand compared to the same period last year[5] - The company reported a total comprehensive income of CNY 820,339 thousand for Q1 2014, down from CNY 1,596,530 thousand in Q1 2013[20] - Net profit for Q1 2014 was CNY 855,188 thousand, down 49.1% from CNY 1,684,653 thousand in Q1 2013[20] - Basic and diluted earnings per share for Q1 2014 were CNY 0.11, compared to CNY 0.21 in Q1 2013, reflecting a 47.6% decrease[20] - The company's total revenue for Q1 2014 was 1,334,915 thousand RMB, a significant decrease of 72.2% compared to 4,818,642 thousand RMB in Q1 2013[26] - The net profit for Q1 2014 was -149,573 thousand RMB, compared to a net profit of 278,425 thousand RMB in Q1 2013, indicating a decline of 153.7%[26] Assets and Liabilities - Total assets increased by 5.1% to CNY 67,152,724 thousand compared to the end of the previous year[5] - Total assets as of March 31, 2014, were CNY 67,152,724 thousand, an increase from CNY 63,867,783 thousand at the end of 2013[18] - Total liabilities as of March 31, 2014, were CNY 41,293,466 thousand, up from CNY 38,858,946 thousand at the end of 2013[18] - The company's non-current liabilities due within one year increased by 284.9% to CNY 3,373,241 thousand[12] - The company's total liabilities decreased to 12,022,535 thousand RMB as of March 31, 2014, from 13,548,740 thousand RMB at the end of 2013[24] Cash Flow - Net cash flow from operating activities improved by 76.2%, reaching CNY -806,147 thousand[5] - Sany Heavy Industry reported a net cash flow from operating activities of -806,147 thousand RMB for Q1 2014, an improvement from -3,394,038 thousand RMB in Q1 2013[22] - In Q1 2014, the net cash flow from operating activities was -67,199 thousand RMB, a significant improvement from -1,032,933 thousand RMB in Q1 2013[28] - Total cash inflow from operating activities was 1,552,144 thousand RMB, down from 2,738,957 thousand RMB in the same period last year[28] - Cash outflow from operating activities totaled 1,619,343 thousand RMB, compared to 3,771,890 thousand RMB in Q1 2013, indicating a reduction in cash outflow[28] - The net cash flow from investing activities was -308,810 thousand RMB, worsening from -16,519 thousand RMB in Q1 2013[28] - The net cash flow from financing activities was 310,230 thousand RMB, a recovery from -988,266 thousand RMB in Q1 2013[28] Shareholder Information - The number of shareholders reached 502,360[8] - No cash dividends were declared during the reporting period[15] Investment and Financial Management - Investment income increased by 203.4% to CNY 114,144 thousand year-on-year[12] - Financial expenses increased by 83.8% to CNY 432,897 thousand compared to the previous year[12] - The company strictly adhered to commitments regarding the integration of existing engineering machinery products into the listed company[14] - The company has committed to not providing financial assistance to incentive plan participants[14]