TRT(SH:600085)2014-04-29 16:00Financial Performance - Total revenue for the first quarter reached RMB 2,938,858,091.01, an increase of 5.74% compared to the same period last year[5] - Net profit attributable to shareholders was RMB 210,807,616.92, reflecting an 11.18% year-over-year growth[5] - The operating profit for Q1 2014 was RMB 419,891,227.86, an increase of 18.2% from RMB 355,158,259.44 in Q1 2013[19] - The total comprehensive income for Q1 2014 was RMB 363,116,354.44, compared to RMB 296,180,143.67 in Q1 2013, marking an increase of 22.6%[19] - The basic earnings per share increased by 10.27% to RMB 0.161[5] - The company reported a basic earnings per share of RMB 0.161 for Q1 2014, up from RMB 0.146 in Q1 2013, reflecting an increase of 10.3%[19] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 37.31% to RMB 279,009,879.82 compared to the previous year[5] - The company's cash flow from operating activities generated a net amount of RMB 279,009,879.82, compared to RMB 445,071,970.03 in Q1 2013, indicating a decrease of 37.3%[21] - Cash and cash equivalents at the end of Q1 2014 amounted to RMB 5,113,485,594.82, an increase from RMB 3,935,354,166.22 at the end of Q1 2013[22] - The company incurred a net cash outflow from investing activities of RMB 91,475,105.82 in Q1 2014, compared to a net outflow of RMB 141,966,381.93 in Q1 2013[21] - The financing activities generated a net cash inflow of RMB 26,831,417.51 in Q1 2014, contrasting with a net outflow of RMB 7,815,216.43 in Q1 2013[22] Assets and Liabilities - The company's total assets increased by 3.84% to RMB 12,368,921,818.93 at the end of the reporting period[5] - The total current assets as of March 31, 2014, amounted to RMB 10,378,723,173.46, an increase from RMB 9,997,291,087.77 on January 1, 2014[15] - Total liabilities as of March 31, 2014, were RMB 4,171,274,489.22, up from RMB 4,074,498,063.32 at the start of the year, representing an increase of about 2.4%[17] - The company's total equity attributable to shareholders reached RMB 5,234,380,338.43, compared to RMB 5,017,972,105.22 at the beginning of the year, reflecting an increase of approximately 4.3%[17] - Short-term borrowings were reported at RMB 256,000,000.00, slightly down from RMB 261,000,000.00 at the start of the year[17] Operational Metrics - Accounts receivable rose by 52.42% to RMB 718,130,624.12, primarily due to increased receivables from distributors[9] - Inventory levels decreased to RMB 3,824,889,835.25 from RMB 4,180,324,076.25, showing a reduction of approximately 8.5%[15] - The company experienced a 344.21% increase in interest payable, attributed to the accrual of convertible bond interest[10] - The company maintained a stable gross profit margin, with net profit margins expected to remain consistent in the upcoming quarters[16] Shareholder Information - The number of shareholders at the end of the reporting period was 84,610[7] - The company is committed to fulfilling its shareholder commitments and ensuring no substantial competition with its main products[12] - There are no significant warnings regarding potential losses or drastic changes in net profit compared to the previous year[12] Government Support - The company reported a significant increase in government subsidies, leading to a 103.36% rise in other operating income to RMB 4,734,011.37[10]