TAIJI GROUP(SH:600129)2014-04-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company was ¥6,600,292.89, a decrease of 40.37% year-on-year[9]. - Operating revenue for the period was ¥1,665,310,189.50, reflecting a growth of 2.23% compared to the same period last year[9]. - The company reported a net profit excluding non-recurring gains and losses of ¥6,488,268.52, a significant increase of 126.57% compared to the same period last year[9]. - Net profit for the period was CNY 22,107,600.75, down from CNY 30,531,695.98, indicating a decline of approximately 27.5%[28]. - The net profit attributable to the parent company was CNY 6,600,292.89, compared to CNY 11,069,101.42 in the previous period, a decrease of about 40.3%[28]. - Total comprehensive income for the current period is -¥41,143,842.03, up from -¥25,801,516.97 in the previous period, reflecting worsening financial performance[30]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥9,401,263,284.47, an increase of 0.35% compared to the end of the previous year[9]. - The company’s total net assets attributable to shareholders decreased by 0.33% to ¥944,734,698.66 compared to the end of the previous year[9]. - The company reported a decrease in current liabilities due to the expiration and refinancing of non-current liabilities, with a reduction of 40.84% from CNY 270,562,123.92 to CNY 160,072,936.37[14]. - Total assets increased to CNY 2,691,933,672.12 from CNY 2,401,341,634.90, reflecting a growth of approximately 12.1%[25]. - Total liabilities rose to CNY 1,770,773,309.90 from CNY 1,439,037,430.65, an increase of about 23.0%[25]. - The company's total equity decreased to CNY 921,160,362.22 from CNY 962,304,204.25, a decline of approximately 4.3%[25]. Cash Flow - The net cash flow from operating activities was ¥21,179,798.86, an increase of 6.75% year-on-year[9]. - Cash flow from operating activities shows a net inflow of ¥21,179,798.86, an increase from ¥19,839,681.75 in the previous period[34]. - Cash inflow from operating activities totaled ¥2,422,205,547.30, compared to ¥2,336,726,500.06 in the previous period, showing a positive trend[32]. - Cash outflow from investing activities resulted in a net outflow of -¥27,921,701.37, an improvement from -¥51,287,181.99 in the previous period[34]. - Cash inflow from financing activities was ¥1,109,001,404.16, slightly down from ¥1,184,941,344.60 in the previous period[34]. Shareholder Information - The total number of shareholders at the end of the reporting period was 42,628[12]. - The largest shareholder, Taiji Group Co., Ltd., held 38.81% of the shares, totaling 165,690,203 shares[12]. Expenses - Research and development expenses increased significantly by 1,383.08%, from CNY 22,692.97 to CNY 336,555.36, primarily due to the subsidiary's increased R&D activities[14]. - The company reported a significant increase in management expenses, rising to ¥13,036,783.54 from ¥4,605,648.96 in the previous period[30]. - Financial expenses increased to ¥20,170,171.09 from ¥15,565,969.90, indicating higher borrowing costs[30]. Inventory and Cash Management - The company’s cash and cash equivalents decreased slightly from CNY 1,803,361,973.43 to CNY 1,773,229,864.52, indicating a reduction in liquidity[19]. - The company’s inventory increased from CNY 1,456,677,780.34 to CNY 1,579,782,529.36, reflecting a growth of approximately 8.5%[19]. - The company’s cash and cash equivalents decreased to CNY 281,678,182.97 from CNY 319,393,019.58, a reduction of about 11.8%[23]. Other Financial Metrics - The weighted average return on net assets decreased by 0.53 percentage points to 0.70%[9]. - Basic earnings per share were ¥0.0155, down 40.15% from the previous year[9]. - Basic earnings per share for the period were CNY 0.0155, down from CNY 0.0259, representing a decrease of about 40.9%[28]. - The company reported a comprehensive income total of CNY 13,600,616.77, down from CNY 24,001,558.35, a decline of approximately 43.5%[28].