Youngor(SH:600177)2014-04-29 16:00Financial Performance - The company reported a total revenue of RMB 5,031,719,965.70 for Q1 2014, representing a 59.35% increase compared to the same period last year[12]. - Net profit attributable to shareholders reached RMB 759,488,232.58, a significant increase of 193.10% year-on-year[12]. - Operating revenue for the reporting period increased by 59.35% to 503,172.00 million yuan, primarily due to a 111.95% increase in the real estate sector's revenue[19]. - Operating profit for the reporting period grew by 107.37% to 90,014.71 million yuan, driven by a 70.79% increase in the real estate sector's operating profit[19]. - The net profit attributable to the parent company increased by 193.10% to 75,948.82 million yuan compared to the same period last year[20]. - Net profit for the current period was ¥774,100,182.21, compared to ¥263,693,665.87 in the same period last year, marking a growth of 194.0%[37]. - Basic and diluted earnings per share both increased to ¥0.34 from ¥0.12, reflecting a 183.3% rise[37]. - Total comprehensive income for the current period was ¥729,992,645.76, significantly higher than ¥137,549,256.97 in the previous period[37]. Cash Flow - The net cash flow from operating activities was RMB 190,303,190.54, a decrease of 85.20% compared to the previous year[9]. - The net cash flow from operating activities decreased by 109,560.01 million yuan due to reduced cash receipts in the real estate sector[21]. - Cash flow from operating activities generated a net amount of ¥190,303,190.54, down from ¥1,285,903,330.58 in the prior period[44]. - The net cash flow from operating activities was -48,443,708.37, compared to -32,806,619.32 in the previous period, indicating a decline in operational cash flow[46]. - Cash inflow from investment activities included 571,505,944.40 from other investment-related activities, a decrease from 1,294,127,834.35 in the previous period[46]. - The net cash flow from financing activities was -718,342,919.73, compared to -434,407,748.73 in the previous period, showing increased cash outflows related to financing[47]. Assets and Liabilities - The company's total assets decreased by 4.12% to RMB 46,354,436,841.03 compared to the end of the previous year[9]. - Current assets decreased from CNY 29.76 billion to CNY 27.55 billion, representing a reduction of about 7.41%[28]. - Total liabilities decreased from CNY 34.13 billion to CNY 31.40 billion, a decline of about 8.06%[30]. - Long-term borrowings increased by 33.95% to 277,901.50 million yuan, primarily due to increased project borrowings in the real estate sector[18]. - Total equity increased from CNY 14.22 billion to CNY 14.95 billion, an increase of about 5.13%[30]. Segment Performance - The brand clothing segment achieved revenue of RMB 114,161.61 million, a growth of 1.64% year-on-year, while net profit decreased by 3.47%[12]. - The real estate development segment generated revenue of RMB 370,896.34 million, a growth of 111.95% year-on-year, with net profit increasing by 100.95%[14]. Investments and Acquisitions - The company commenced one new project with a construction area of 149,800 square meters during the reporting period[14]. - The company acquired a new land parcel with a total price of RMB 66,114.28 million, with a buildable area of 225,700 square meters[14]. - The company's investment business achieved a net profit of 19.54 million yuan, an increase of 238.16 million yuan compared to the same period last year[15]. - As of the end of the reporting period, the company held 320.83 million shares of Ningbo Bank, with a holding ratio of 11.13%[15]. Financial Position - The company's available-for-sale financial assets decreased by 43.37% to 369,051.05 million yuan compared to the beginning of the year[17]. - Long-term equity investments increased by 48.00% to 958,516.15 million yuan compared to the beginning of the year[17]. - The company reported a net profit increase, with retained earnings rising from CNY 8.92 billion to CNY 9.68 billion, an increase of about 8.52%[30].