CSI(SH:600158)2014-04-29 16:00Financial Performance - Net profit attributable to shareholders was RMB 4,490,258.00, a decrease of 86.61% year-on-year[10] - Operating revenue for the period was RMB 91,242,687.53, down 59.84% from the same period last year[10] - The company's net profit after deducting non-recurring gains and losses was negative RMB 10,186,285.71, a significant decline from the previous year[10] - Operating revenue decreased by 59.84% to ¥91,242,687.53, primarily due to a decline in real estate income[16] - Net profit for the current period is ¥1,065,124.88, a decline of 97.0% compared to ¥35,719,351.21 in the previous period[26] - Basic and diluted earnings per share were both RMB 0.0053, a decline of 86.65% compared to the previous year[10] - Basic and diluted earnings per share are both ¥0.0053, down from ¥0.0397 in the previous period[26] Cash Flow - The net cash flow from operating activities was negative RMB 29,386,470.71, an improvement from negative RMB 50,998,722.58 in the previous year[10] - Cash flow from operating activities shows a net outflow of ¥29,386,470.71, an improvement from a net outflow of ¥50,998,722.58 in the previous period[31] - The net cash flow from operating activities was -2,337,467.94 RMB, a significant decrease compared to 47,482,645.14 RMB in the previous period[33] - Total cash inflow from operating activities was 31,428,456.46 RMB, down from 54,275,595.66 RMB year-over-year[33] - Cash outflow from operating activities increased to 33,765,924.40 RMB, compared to 6,792,950.52 RMB in the prior period[33] - The net cash flow from investing activities was -8,405,723.00 RMB, a decline from 15,455,555.53 RMB in the previous period[33] - Cash inflow from investing activities totaled 100,000.00 RMB, significantly lower than 20,494,986.30 RMB in the prior period[33] - Cash outflow from investing activities rose to 8,505,723.00 RMB, compared to 5,039,430.77 RMB last year[33] - The net cash flow from financing activities was -1,176,450.00 RMB, with no cash inflow recorded[33] Assets and Liabilities - Total assets at the end of the reporting period reached RMB 3,665,980,547.51, an increase of 1.03% compared to the previous year[10] - The total liabilities amounted to RMB 1,913,858,343.98, compared to RMB 1,800,947,443.55 at the beginning of the period, marking an increase of about 6.26%[22] - The company's equity attributable to shareholders reached RMB 1,452,716,160.17, up from RMB 1,424,788,032.46, reflecting a growth of approximately 1.97%[22] - The total cash and cash equivalents decreased by 11,918,964.22 RMB compared to an increase of 62,935,888.64 RMB in the prior period[33] Shareholder Information - The total number of shareholders at the end of the reporting period was 110,297[12] - The largest shareholder, the State Sports General Administration Sports Fund Management Center, holds 22.07% of the shares[12] Operational Costs and Expenses - Operating costs fell by 58.94% to ¥61,040,520.94, mainly attributed to a decrease in real estate costs[16] - Sales expenses increased by 57.43% to ¥14,901,233.93, driven by higher promotional and sales commission expenses[16] Investment Income - Investment income rose significantly by 825.98% to ¥15,857,004.70, mainly due to increased equity transfer gains[16] - The company reported a significant increase in investment income, with a current period figure of ¥18,963,885.07 compared to ¥374,298.34 in the previous period[29] Legal Matters - The company is facing a lawsuit regarding a loan of ¥1.44 billion, which may impact cash flow due to project delays[18] - The company has publicly disclosed the lawsuit and its potential implications on financial performance[18] Inventory and Current Assets - The inventory balance was RMB 1,893,610,574.97, an increase from RMB 1,843,923,369.76, indicating a rise of about 2.69%[22] - The company's current assets totaled RMB 3,150,223,993.17, up from RMB 3,096,256,950.61, indicating an increase of about 1.74%[22] - Cash and cash equivalents decreased to RMB 682,680,667.80 from RMB 703,502,297.01, a decline of approximately 2.33%[22] Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters[26]