HSTD(SH:600054)2014-04-25 16:00Financial Performance - Operating revenue for the first quarter was CNY 218,576,192.66, representing an increase of 3.55% year-on-year[9]. - Net profit attributable to shareholders was CNY 13,591,011.50, a significant recovery from a loss of CNY 2,426,750.31 in the same period last year[9]. - Basic earnings per share increased to CNY 0.0288, compared to a loss of CNY 0.0051 in the previous year[9]. - The company reported a net profit excluding non-recurring gains and losses of CNY 12,820,756.38, recovering from a loss of CNY 2,460,624.50 in the previous year[9]. - Net profit for Q1 2014 was CNY 14,326,194.90, a significant turnaround from a net loss of CNY 2,547,019.63 in the previous year[23]. - Earnings per share for Q1 2014 improved to CNY 0.0288 from a loss of CNY 0.0051 in the same quarter last year[23]. Cash Flow - The net cash flow from operating activities was CNY -87,505,036.69, a slight improvement from CNY -88,147,849.30 year-on-year, reflecting a decrease of 0.73%[9]. - Operating cash inflow decreased to CNY 215,693,337.86 from CNY 234,776,267.33, a decline of approximately 8.1%[27]. - Cash outflow from operating activities was CNY 303,198,374.55, down from CNY 322,924,116.63, reflecting a decrease of about 6.1%[27]. - Cash inflow from investment activities totaled CNY 372,380.12, compared to CNY 287,402.15, an increase of approximately 29.6%[28]. - Cash outflow for investment activities decreased to CNY 53,021,838.83 from CNY 86,769,624.99, a reduction of about 38.9%[28]. - Cash inflow from financing activities was CNY 460,000,000.00, with cash outflow for debt repayment at CNY 330,000,000.00[28]. - Cash outflow for financing activities decreased significantly to CNY 3,759,112.82 from CNY 340,027,299.91, a reduction of approximately 98.9%[28]. - The company reported a net increase in cash and cash equivalents of -CNY 143,913,608.22, compared to -CNY 55,957,372.05 in the previous period[28]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,226,880,704.48, a decrease of 3.82% compared to the end of the previous year[9]. - The company's total assets decreased to CNY 3,038,388,432.26 from CNY 3,096,342,529.91, a decline of 1.87%[21]. - The total liabilities decreased to CNY 1,157,659,285.51, compared to ¥1,298,140,320.54 at the beginning of the year[18]. - Total liabilities decreased to CNY 970,816,424.85 from CNY 1,038,939,856.95, a reduction of 6.56%[21]. - Owner's equity increased to CNY 2,067,572,007.41 from CNY 2,057,402,672.96, reflecting a growth of 0.83%[21]. Shareholder Information - The total number of shareholders at the end of the reporting period was 48,180[11]. - The largest shareholder, Huangshan Tourism Group Co., Ltd., holds 41.95% of the shares, totaling 197,730,500 shares[11]. Operational Costs - Total operating costs decreased to CNY 201,418,221.42 from CNY 210,772,692.94, representing a reduction of 4.06%[23]. - Sales expenses surged by 271.86% to ¥3,989,327.58, mainly due to adjustments in operating costs[14]. - Financial expenses rose by 146.97% to ¥1,166,113.85, driven by increased costs associated with short-term financing bonds[14]. Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters[23].