JSSS(SH:600220)2014-04-28 16:00Financial Performance - Operating income decreased by 10.96% to CNY 439,893,992.65 from CNY 494,033,010.10 in the same period last year[11] - Net profit attributable to shareholders decreased by 25.47% to CNY 7,766,082.31 from CNY 10,419,658.25 year-on-year[11] - Basic earnings per share decreased by 24.14% to CNY 0.0044 from CNY 0.0058 year-on-year[11] - The company reported a net profit of RMB 8,972,475.54 for the period, a decrease of 30.70% compared to RMB 12,948,064.85 in the previous year[18] - Net profit for Q1 2014 was CNY 8,972,475.54, a decline of 30.5% compared to CNY 12,948,064.85 in Q1 2013[32] Cash Flow - Net cash flow from operating activities increased by 175.92% to CNY 66,560,236.27 compared to CNY 24,122,745.25 in the same period last year[11] - Cash flow from operating activities increased significantly by 175.92%, reaching RMB 66,560,236.27, primarily due to a reduction in cash paid for goods[18] - The net cash flow from operating activities was CNY 66,560,236.27, an increase of 176.5% compared to CNY 24,122,745.25 in the previous period[37] - Total cash inflow from operating activities was CNY 631,922,803.53, a decrease of 2.5% compared to CNY 646,892,591.46 in the previous period[36] - Cash outflow for purchasing goods and services was CNY 376,664,536.00, down 21.5% from CNY 479,966,584.31 in the previous period[37] Assets and Liabilities - Total assets increased by 4.19% to CNY 4,009,763,182.50 compared to the end of the previous year[10] - The company's total liabilities increased to RMB 2,079,423,529.21 from RMB 1,926,502,928.77, indicating a rise in financial obligations[23] - Total liabilities increased to CNY 2,225,690,906.17 from CNY 1,934,940,938.22 at the start of the year[28] - The company's cash and cash equivalents rose by 44.78% to RMB 381,293,095.14, attributed to an increase in short-term borrowings[18] - The total number of shareholders reached 209,732 at the end of the reporting period[14] Shareholder Information - The largest shareholder, Jiangsu Sunshine Group Co., Ltd., holds 8.448% of the shares, totaling 150,663,362 shares[15] - The second-largest shareholder, Chen Lifeng, holds 8.309% of the shares, totaling 148,181,020 shares[15] Operating Costs and Expenses - Total operating costs for Q1 2014 were CNY 429,284,571.75, down 10.3% from CNY 478,668,791.10 year-over-year[31] - The company experienced a 59.23% reduction in selling expenses, amounting to RMB 1,630,235.70, due to decreased travel and freight costs[18] - Accounts payable increased by 68.54% to RMB 150,000,000.00, reflecting a rise in outstanding bills[18] Equity and Impairment - The total equity attributable to shareholders was CNY 1,618,190,958.81, slightly up from CNY 1,613,443,235.58 at the beginning of the year[29] - The company reported a significant decrease in asset impairment losses, which improved by 83.50% to a gain of RMB 202,433.20[18] - The company’s long-term payables decreased by 34.53% to RMB 12,508,400.28, as financing lease principal and interest were fully transferred to current liabilities[18]