SIPG(SH:600018)2014-04-28 16:00Financial Performance - Net profit attributable to shareholders increased by 41.22% to CNY 1.44 billion compared to the same period last year[11]. - Operating revenue rose by 5.07% to CNY 6.82 billion year-on-year[11]. - Basic earnings per share increased by 41.07% to CNY 0.0632 compared to the same period last year[11]. - The company’s net profit after deducting non-recurring gains and losses increased by 41.89% to CNY 1.39 billion[11]. - Net profit attributable to the parent company increased by 41.22% to 143,854.16 from 101,866.31, driven by a 5% year-on-year growth in container throughput and investment income of 1.92 billion yuan from Shanghai Bank[15]. - Net profit for Q1 2014 reached CNY 1,698,885,845.04, representing a year-on-year growth of 36.54% from CNY 1,244,567,961.76[25]. - Investment income for Q1 2014 was CNY 241,500,466.87, significantly higher than CNY 63,094,267.68 in the previous year, marking an increase of 282.66%[25]. - The company recognized investment income of 2.415 million from new investments in Shanghai Bank, marking a 282.76% increase from the previous period[15]. Cash Flow - Net cash flow from operating activities increased by 66.17% to CNY 2.20 billion compared to the same period last year[11]. - Operating cash flow net amount increased by 66.17% to 220,468.78 from 132,676.71, supported by the recovery of 300 million yuan in entrusted loans[15]. - Cash flow from operating activities for Q1 2014 was CNY 2,204,687,832.12, an increase of 66.00% compared to CNY 1,326,767,131.68 in the same period last year[29]. - The company reported a cash inflow from operating activities of CNY 7,428,179,570.51, compared to CNY 6,682,396,014.20 in the previous year, showing a growth of 11.14%[29]. - Net cash flow from operating activities reached CNY 2,375,467,069.12, significantly up from CNY 414,946,434.50 in Q1 2013[34]. - Cash inflow from financing activities totaled CNY 5,711,000,000.00, an increase of 64.0% from CNY 3,476,000,000.00 in Q1 2013[34]. - The net cash flow from financing activities was -CNY 3,688,137,236.10, compared to a positive net cash flow of CNY 3,002,439,986.09 in Q1 2013[34]. - The company experienced a net cash decrease of CNY 1,375,864,795.79 in Q1 2014, contrasting with an increase of CNY 3,626,410,507.72 in the same period last year[34]. Assets and Liabilities - Total assets decreased by 1.61% to CNY 87.18 billion compared to the end of the previous year[10]. - The company's current assets totaled CNY 14.10 billion, down from CNY 18.79 billion at the beginning of the year, indicating a decrease of about 25.1%[19]. - The total liabilities decreased to CNY 30.26 billion from CNY 32.76 billion, representing a reduction of approximately 7.6%[20]. - The company's cash and cash equivalents were CNY 4.27 billion, down from CNY 5.45 billion, a decline of about 21.5%[19]. - The total equity attributable to shareholders rose to CNY 51.15 billion from CNY 49.82 billion, an increase of about 2.66%[20]. - The total assets amounted to CNY 72,843,243,699.86, down from CNY 75,004,763,159.69, reflecting a decrease of about 2.89%[24]. - The total liabilities decreased to CNY 22,344,537,716.00 from CNY 25,838,237,515.50, a reduction of approximately 13.00%[24]. - The company's accounts receivable increased to CNY 2.44 billion from CNY 2.09 billion, reflecting a growth of approximately 16.7%[19]. - The non-current assets totaled CNY 73.08 billion, up from CNY 69.82 billion, indicating an increase of about 4.0%[19]. Shareholder Information - The number of shareholders totaled 383,128 at the end of the reporting period[12]. - The largest shareholder, Shanghai State-owned Assets Supervision and Administration Commission, holds 40.80% of shares[12]. Investment Activities - Long-term equity investments increased by 48.60% to 1,578,386.17 from 1,062,155.31, reflecting the transfer of the subscription amount of 4.094 billion yuan[15]. - The company reported a total of CNY 52.32 million in non-operating income after tax adjustments[11]. - The company’s construction in progress decreased by 42.32% to 116,253.11 from 201,530.93 due to the replacement of equity in Chongqing Donggang Container Terminal[15]. - Interest receivables increased by 39.81% to 225.75 from 161.47 due to an increase in entrusted loan interest[15]. - The company reported a significant increase in employee compensation payable, which rose to CNY 675.15 million from CNY 507.16 million, an increase of approximately 33.1%[20].