Y.I.C.(SH:600119)2014-04-28 16:00Financial Performance - Operating revenue for the first quarter was CNY 273,534,631.02, a decrease of 32.17% year-on-year[12] - Net profit attributable to shareholders increased by 4.87% to CNY 12,475,081.13 compared to the same period last year[12] - The company's net profit for Q1 2014 was CNY 15,939,790.74, compared to CNY 15,590,730.14 in the same period last year, reflecting a slight increase[26] - The total profit for the quarter was CNY 22,411,554.46, up from CNY 15,658,482.44 in the previous year, indicating a strong performance[26] - The total comprehensive income for the quarter was CNY 15,939,790.74, slightly higher than CNY 15,590,730.14 from the previous year[26] Cash Flow - Net cash flow from operating activities was CNY 95,706,611.89, a significant improvement from a negative CNY 64,417,060.65 in the previous year[12] - The company reported a significant increase in cash inflow from operating activities, totaling CNY 528,572,218.13, compared to CNY 265,656,622.39 in the same period last year[31] - Investment activities generated a net cash flow of CNY 51,458,837.76, a recovery from a negative cash flow of CNY -6,182,015.26 in the previous year[32] - The company's cash and cash equivalents at the end of the quarter stood at CNY 214,367,343.31, compared to CNY 225,460,131.51 at the end of the previous year[32] - The company experienced a net increase in cash and cash equivalents of ¥47,243,455.77 during the period[36] Assets and Liabilities - Total assets decreased by 7.70% to CNY 1,823,882,545.50 compared to the end of the previous year[12] - Total liabilities decreased to CNY 855,332,081.37 from CNY 987,686,162.13, a reduction of 13.4%[20] - Shareholders' equity totaled CNY 968,550,464.13, down from CNY 988,397,144.41, reflecting a decrease of 2.0%[20] - Long-term borrowings increased to CNY 297,835,099.60 from CNY 251,255,099.60, an increase of 18.5%[20] Inventory and Receivables - Inventory decreased by 35.46% to CNY 25,768,098.44, primarily due to the completion of BT project construction costs[16] - Accounts receivable rose to CNY 222,680,647.59, up from CNY 216,087,599.94, indicating a 3.0% increase[18] - Other receivables rose significantly to CNY 37,538,054.14 from CNY 62,617,196.71, a decrease of 40.1%[18] Financial Expenses and Income - The company reported a significant increase in financial income, with financial expenses decreasing by 742.47% to -CNY 7,203,901.82[17] - The company’s financial expenses showed a notable decrease, with a net financial income of CNY -7,203,901.82 compared to CNY -855,093.08 in the previous year[26] Shareholder Information - The number of shareholders totaled 22,664 as of the report date[13] Management and Operational Costs - The company’s management expenses increased to CNY 27,901,910.79 from CNY 26,546,093.41 in the previous year, indicating rising operational costs[26]