ICW(SH:600187)2014-04-24 16:00Financial Performance - Operating revenue for the first quarter was CNY 115,192,257.26, representing a 42.30% increase year-on-year[11] - Net profit attributable to shareholders was CNY 19,321,516.03, up 32.84% from the same period last year[11] - The company reported a total of CNY 6,081,450.61 in non-recurring gains and losses for the period[12] - Total revenue for the first quarter was RMB 115,192,257.26, an increase of 42.1% compared to RMB 80,949,033.10 in the previous period[38] - Net profit for the period reached RMB 20,084,265.97, representing a 26.9% increase from RMB 15,876,853.60 in the same period last year[39] Cash Flow - The net cash flow from operating activities was negative CNY 8,130,928.81, a decline of 456.18% compared to the previous year[11] - Cash flow from operating activities showed a net outflow of RMB -8,130,928.81, compared to a net inflow of RMB 2,282,809.70 in the prior year[43] - The net cash flow from financing activities was -1,221,977.78 RMB, a decline compared to a positive cash flow of 53,489,226.67 RMB in the previous period, suggesting tighter financing conditions[48] - The company reported a net increase in cash and cash equivalents of -37,304,241.40 RMB, compared to -989,166.09 RMB in the previous period, indicating a worsening cash position[44] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 3,573,068,006.80, an increase of 0.60% compared to the end of the previous year[10] - The total liabilities as of March 31, 2014, were ¥890,023,054.09, slightly up from ¥889,227,914.03 at the start of the year[32] - The company's total equity as of March 31, 2014, was ¥2,683,044,952.71, compared to ¥2,662,684,318.23 at the beginning of the year[32] - The company's total assets increased to RMB 2,850,817,242.59 from RMB 2,737,819,989.70 at the beginning of the year, reflecting a growth of 4.1%[36] Shareholder Information - The total number of shareholders at the end of the reporting period was 50,778[13] - The largest shareholder, Guozhong (Tianjin) Water Co., Ltd., held 20.56% of the shares, totaling 299,312,500 shares[13] - The top ten shareholders accounted for a significant portion of the company's equity, with the largest holding being 20.56%[13] Investment Activities - The company recovered investment cash totaling ¥659,290,000, primarily from bank financial products[24] - In Q1 2014, the company invested cash amounting to ¥546,442,627.23, a significant increase of ¥541,329,098.99, representing a growth rate of approximately 10,586.22% compared to the same period last year[25] - The total cash outflow from investment activities was 680,779,957.24 RMB, compared to 120,366,967.90 RMB in the previous period, highlighting increased investment activity[44] - The company experienced a net cash flow from investment activities of -20,346,836.70 RMB, indicating a continued focus on growth through investments despite cash outflows[44] Earnings Per Share - Basic and diluted earnings per share were both CNY 0.0133, a decrease of 2.21% compared to the previous year[11] - Basic earnings per share for Q1 2014 were ¥0.0133, a decrease of ¥0.0003 or 2.21% compared to the previous year[25] - The company reported a basic earnings per share of RMB 0.0133, slightly down from RMB 0.0136 in the previous period[39] Operational Costs - Operating costs rose by 56.21% to ¥63,054,668.19, driven by the consolidation of Tian Di Ren and increased project costs[20] - Total operating costs amounted to RMB 99,544,288.34, up 43.1% from RMB 69,540,380.27 in the prior year[38]