ZJJH(SH:600160)2014-04-25 16:00Financial Performance - Operating revenue for the first quarter was CNY 2,320,828,153.00, a decrease of 2.18% year-on-year[10] - Net profit attributable to shareholders was CNY 1,967,861.34, down 97.19% compared to the same period last year[10] - Basic earnings per share decreased to CNY 0.001, a drop of 97.44% compared to the previous year[10] - Net profit for the period was CNY 326,134.90, significantly down from CNY 69,236,268.81 year-on-year[26] - Net profit for the current period is ¥12,866,583.75, down 82.5% from ¥73,373,130.19 in the previous period[30] Cash Flow - Net cash flow from operating activities was negative at CNY -412,574,117.34, a decline of 189.33% year-on-year[10] - Cash inflow from operating activities totaled ¥2,492,323,779.43, down 13.9% from ¥2,900,964,718.21 in the previous period[31] - Cash outflow from operating activities increased to ¥2,904,897,896.77, up 19.0% from ¥2,439,133,882.46 in the previous period[32] - Cash flow from investing activities resulted in a net outflow of -¥243,173,213.21, compared to -¥221,094,442.59 in the previous period[32] - Cash flow from financing activities showed a net outflow of -¥13,275,038.28, a decrease from a net inflow of ¥66,732,534.24 in the previous period[32] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 9,628,856,930.57, an increase of 0.33% compared to the end of the previous year[10] - The company's total assets decreased to CNY 8,211,969,523.21 from CNY 8,406,702,268.20 at the beginning of the year, reflecting a decline of approximately 2.3%[24] - Total liabilities decreased to CNY 1,160,998,530.34 from CNY 1,369,592,585.67, a reduction of about 15.2%[24] - Shareholders' equity increased slightly to CNY 7,050,970,992.87 from CNY 7,037,109,682.53, indicating a growth of approximately 0.2%[24] Shareholder Information - The total number of shareholders at the end of the reporting period was 86,361[12] - The largest shareholder, Juhua Group Company, holds 54.86% of the shares, totaling 993,558,206 shares[12] Investments and Acquisitions - The company reported a net profit of CNY 41,958,996.16 from non-recurring gains and losses[11] - Investment income surged to CNY 29,893,638.56, a 2,340.16% increase, mainly from the disposal of subsidiaries[14] - Cash received from the disposal of subsidiaries reached CNY 17,209,668.67, marking a 100% increase from the previous period[15] - The company acquired Ningbo Weihua Chemical Co., Ltd., with cash payments amounting to CNY 56,021,071.39[15] Operational Costs and Expenses - Total operating costs increased to CNY 2,359,756,269.79, up 3.1% from CNY 2,288,897,956.48 in the same period last year[26] - The company reported an increase in sales expenses to ¥17,142,529.64, up from ¥15,651,043.08 in the previous period[30] Future Plans - The company has not disclosed any new product developments or market expansion strategies in this report[10] - The company plans to focus on market expansion and new product development to drive future growth[26]