SCG(SH:600170)2014-04-29 16:00Financial Performance - Operating revenue increased by 22.22% to CNY 24.45 billion year-on-year[10] - Net profit attributable to shareholders rose by 10.64% to CNY 326.63 million compared to the same period last year[10] - The company reported a net profit of CNY 322.33 million after deducting non-recurring gains and losses, representing a 25.68% increase year-on-year[10] - Basic earnings per share increased by 9.09% to CNY 0.12 compared to CNY 0.11 in the same period last year[10] - Total operating revenue reached ¥24,454,051,634.56, a 22.4% increase from ¥20,007,694,640.43 in the previous period[35] - Net profit for the period was ¥339,050,617.23, representing a 12.6% increase compared to ¥300,884,630.36 in the prior year[35] - Earnings per share (EPS) increased to ¥0.12 from ¥0.11, reflecting a growth of 9.1%[35] Cash Flow - Net cash flow from operating activities was negative at CNY -7.91 billion, worsening from CNY -4.15 billion in the previous year[10] - Cash flow from operating activities showed a net outflow of ¥7,911,769,889.81, worsening from a net outflow of ¥4,151,437,199.26 in the previous period[40] - Total cash outflow from operating activities was approximately ¥11.06 billion, compared to ¥3.83 billion in the previous period, reflecting increased operational costs[44] - Net cash flow from operating activities was negative at approximately -¥1.29 billion, worsening from -¥975 million year-over-year[44] - Cash and cash equivalents at the end of the period totaled ¥19,709,327,837.93, down from ¥20,783,377,449.97[40] - Cash and cash equivalents at the end of the period stood at approximately ¥2.65 billion, down from ¥3.90 billion at the end of the previous period[44] Assets and Liabilities - Total assets decreased by 3.31% to CNY 92.84 billion compared to the end of the previous year[10] - Current assets decreased from CNY 75.85 billion at the beginning of the year to CNY 71.66 billion at the end of the period[26] - Total liabilities decreased from CNY 81,414,034,692.15 to CNY 78,334,436,082.40, a decrease of around 3.8%[28] - Long-term borrowings increased from CNY 8,564,558,673.37 to CNY 11,934,757,154.68, an increase of approximately 39.5%[28] - Current liabilities decreased from CNY 67,153,267,812.69 to CNY 60,702,748,344.73, a reduction of about 9.5%[28] Shareholder Information - The number of shareholders totaled 105,176 at the end of the reporting period[14] - The largest shareholder, Shanghai Construction Group, holds 72.88% of the shares, totaling 2,022,723,568 shares[14] Investment and Expenses - Financial expenses increased by 332.31% year-on-year due to increased interest expenses from additional borrowings[18] - Investment income grew by 866.31% year-on-year, primarily due to a reduction in investment losses from joint ventures[18] - The company experienced a decrease in investment income from joint ventures, reporting a loss of ¥1,049,417.61 compared to a loss of ¥3,634,047.79 in the previous period[35] - The company reported an increase in management expenses to ¥96,447,885.30 from ¥80,965,294.17, marking a rise of 19.3%[37] Other Financial Metrics - The weighted average return on net assets slightly decreased to 2.46% from 2.47%[10] - The company's capital reserve decreased by 10.51% year-on-year, primarily due to the transfer of capital reserve related to a subsidiary's equity acquisition[17] - Total operating costs amounted to ¥24,017,977,230.40, up 22.0% from ¥19,667,008,586.64[35] - The company's goodwill increased slightly from CNY 241,830,587.73 to CNY 243,289,874.68, an increase of about 0.6%[28] - Deferred tax assets decreased from CNY 337,954,033.62 to CNY 336,326,494.61, a decrease of approximately 0.5%[28]