TCKG(SH:600112)2014-04-25 16:00Financial Performance - Net profit attributable to shareholders increased by 172.05% to CNY 36,356,267.59 year-on-year[9] - Basic earnings per share increased by 172.52% to CNY 0.0714[9] - The company reported a total profit of 36,356,267.59, up from 13,363,624.10 in the previous period, marking a significant improvement in profitability[29] - Operating profit for the current period is 34,716,746.85, a significant improvement from a loss of 2,431,167.34 in the previous period[29] Revenue and Costs - Operating revenue decreased by 42.77% to CNY 85,048,736.07 compared to the same period last year[9] - Total operating revenue for the current period is 85,048,736.07, compared to 148,612,550.96 in the previous period, representing a decrease of approximately 42.7%[29] - Total operating costs decreased to 105,210,666.92 from 152,786,406.20, a reduction of about 31.1%[29] Cash Flow - Net cash flow from operating activities decreased by 11.76% to CNY -72,166,222.52[9] - Cash flow from operating activities decreased to 145,202,556.79 from 167,233,026.99, a decline of about 13.2%[33] - Cash inflow from operating activities totaled $70,282,089.98, down 46.2% from $130,278,625.41 in the previous period[37] - Cash outflow from operating activities decreased to $59,222,739.65 from $247,357,774.56, reflecting a reduction of 76.0%[37] Assets and Liabilities - Total assets decreased by 13.77% to CNY 2,642,529,755.62 compared to the end of the previous year[9] - Total liabilities decreased to CNY 1,413,554,483.57 from CNY 1,878,376,224.30, representing a decline of about 24.7%[22] - Total non-current assets decreased from CNY 1,273,074,602.39 to CNY 800,641,543.92, a drop of approximately 37.0%[21] - Total current assets increased to CNY 1,841,888,211.70 from CNY 1,791,312,339.68, reflecting a growth of approximately 2.9%[20] Shareholder Information - The total number of shareholders reached 24,866[11] - The largest shareholder, Yinhai Tiancheng Group Co., Ltd., holds 20.31% of the shares[11] Government Support and Subsidies - The company received government subsidies amounting to CNY 1,733,789.58 during the reporting period[9] Investment Activities - Investment income surged by 3049.082%, from ¥1,742,687.90 to ¥54,878,677.70, resulting from asset replacement[13] - Cash flow from investing activities resulted in a net outflow of 42,288,930.81, compared to a net outflow of 39,301,878.12 in the previous period[35] - Cash inflow from investment activities was $3,000,000.00, down 95.6% from $68,332,780.24 in the previous period[38] - Cash outflow for investment activities increased significantly to $72,822,391.50 from $15,012,445.64, marking a rise of 384.0%[38] Financing Activities - Cash flow from financing activities showed a net outflow of 44,388,096.40, contrasting with a net inflow of 74,485,481.01 in the previous period[35] - Cash inflow from financing activities was $100,000,000.00, with $75,000,000.00 from borrowings and $25,000,000.00 from other financing activities[39] - Cash outflow for financing activities increased to $36,476,602.05 from $5,895,687.50, reflecting a rise of 519.0%[39] Other Financial Metrics - The weighted average return on equity increased by 1.8942 percentage points to 3.0191%[9] - The company reported a net profit excluding non-recurring gains and losses of CNY -18,888,016.44[9] - Cash and cash equivalents decreased significantly from CNY 509,162,288.46 to CNY 269,072,758.24, a decline of about 47.3%[20] - The ending cash and cash equivalents balance is 207,549,887.57, compared to 194,258,447.98 in the previous period, indicating an increase[36]