HNHS(SH:600156)2014-04-25 16:00Financial Position - Total assets at the end of the reporting period were CNY 1,151,658,550.11, a decrease of 2.95% compared to the end of the previous year[9]. - Net assets attributable to shareholders of the listed company were CNY 695,128,089.18, down 1.43% from the previous year[9]. - Total assets decreased from CNY 1,186,715,148.82 at the beginning of the year to CNY 1,151,658,550.11, a decline of approximately 2.95%[19]. - Current assets decreased from CNY 726,648,374.58 to CNY 699,692,307.22, a reduction of about 3.71%[19]. - Total liabilities decreased from CNY 414,223,032.40 to CNY 393,177,807.92, a decline of about 5.06%[20]. - Current liabilities decreased from CNY 371,948,708.32 to CNY 354,334,984.82, a reduction of approximately 4.78%[20]. - Shareholders' equity decreased from CNY 772,492,116.42 to CNY 758,480,742.19, a decline of about 1.84%[20]. - Non-current liabilities decreased from CNY 42,274,324.08 to CNY 38,842,823.10, a decline of approximately 8.83%[20]. Operating Performance - Operating income for the first quarter was CNY 213,473,617.55, representing a year-on-year increase of 14.90%[9]. - Total operating revenue for the current period is ¥213,473,617.55, an increase of 14.9% from ¥185,791,850.73 in the previous period[25]. - Total operating costs increased to ¥228,970,769.01, up 17.0% from ¥195,672,078.32 in the previous period, with operating costs alone rising to ¥201,541,338.83, a 19.2% increase[25]. - The company reported an operating profit of -¥15,497,151.46, worsening from -¥9,869,265.48 in the previous period[25]. Profitability - Net profit attributable to shareholders of the listed company was a loss of CNY 10,114,331.02, an improvement of 42.27% compared to the loss of CNY 17,519,734.11 in the same period last year[9]. - The net profit for the current period is -¥14,011,374.23, an improvement from -¥18,020,239.27 in the previous period, indicating a reduction in losses[25]. - The total comprehensive income for the current period is -¥14,011,374.23, an improvement from -¥18,020,239.27 in the previous period[25]. - Basic and diluted earnings per share improved to -0.0252 from -0.0436 in the previous period[25]. Cash Flow - Net cash flow from operating activities was CNY 17,837,714.33, a significant turnaround from a negative cash flow of CNY 22,067,233.07 in the previous year[9][16]. - The company experienced a net decrease in cash and cash equivalents of -5,073,174.82 RMB, compared to -6,831,245.99 RMB in the prior period[32]. - Cash inflow from operating activities totaled 75,038.17 RMB, significantly lower than 15,610,542.78 RMB in the previous period[32]. - Cash outflow from operating activities was 5,148,212.99 RMB, down from 17,115,175.43 RMB year-over-year[32]. - The ending balance of cash and cash equivalents was 7,997,920.42 RMB, an increase from 6,895,085.84 RMB in the previous period[32]. - The cash flow from financing activities was primarily impacted by significant debt repayments, highlighting a focus on managing liabilities[32]. Shareholder Information - The total number of shareholders was 35,740, with the largest shareholder, Hunan Huasheng Group Company, holding 40.11% of the shares[12][13]. Asset Management - Cash and cash equivalents increased by 119.12% to CNY 161,787,939.01 due to the recovery of other receivables[16]. - The company reported a significant decrease in other receivables from CNY 195,211,028.92 to CNY 80,252,989.46, a drop of approximately 58.92%[19]. - Inventory increased from CNY 234,335,430.47 to CNY 250,933,422.47, an increase of about 7.14%[19]. - The company maintained a stable long-term equity investment at CNY 29,213,781.15, unchanged from the beginning of the year[19]. - Short-term borrowings decreased by 58.18% to CNY 23,000,000.00 as part of the repayment of due borrowings[16].