JLSG(SH:600189)2014-04-21 16:00Financial Performance - Operating revenue rose by 42.53% to CNY 314,107,956.89 year-on-year[9] - Net profit attributable to shareholders was a loss of CNY 24,427,058.72, an improvement from a loss of CNY 32,427,064.50 in the same period last year[9] - The company reported a net loss of ¥28,787,932.64 for Q1 2014, an improvement of ¥6,413,867.80 compared to the same period last year[14] - Investment income increased significantly to ¥16,282,048.61, compared to a loss of ¥6,628,659.85 in the previous year[14] - Basic earnings per share were -CNY 0.08, compared to -CNY 0.10 in the same period last year[9] Cash Flow and Assets - The net cash flow from operating activities improved to a loss of CNY 56,586,454.45, compared to a loss of CNY 167,523,123.72 in the previous year[9] - The net cash flow from financing activities improved to ¥42,166,043.31, a significant increase compared to the previous year's outflow[14] - Cash and cash equivalents decreased by 30.53% to ¥202,060,497.67, primarily due to increased loan disbursements and loan repayments[13] - Total assets increased by 3.76% to CNY 3,530,663,301.29 compared to the end of the previous year[9] - Current assets totaled CNY 1,488,701,460.62, up from CNY 1,426,742,506.76, indicating an increase of about 4.35%[17] Liabilities and Shareholder Information - Total liabilities increased to CNY 1,579,000,000.00 from CNY 1,498,000,000.00, reflecting a growth of about 5.43%[17] - The total number of shareholders at the end of the reporting period was 31,927[10] - The largest shareholder, China Jilin Forest Industry Group Co., Ltd., holds 46.9994% of the shares[10] Accounts and Investments - Accounts receivable increased by 87.08% to ¥138,182,140.02, mainly due to amounts not yet collected[13] - Accounts payable increased to CNY 109,593,985.98 from CNY 80,075,417.46, reflecting a rise of about 36.81%[17] - Long-term equity investments grew to CNY 425,424,134.54 from CNY 356,895,552.65, an increase of approximately 19.19%[17] Non-Recurring Items and Other Developments - The company reported a total of CNY 7,332,866.79 in non-recurring gains and losses for the period[9] - The company terminated its cooperation on the development of the Lianzhou Fuxing Meilin Tourist Resort, as approved by the board on January 14, 2014[15] - The company has no outstanding commitments beyond the agreed timelines as per the self-inspection conducted[15]