CCYD(SH:600148)2014-04-23 16:00Financial Performance - Operating revenue rose by 23.78% to CNY 167,844,548.34 year-on-year[8] - Net profit attributable to shareholders increased by 255.51% to CNY 7,534,217.80 compared to the same period last year[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses surged by 399.94% to CNY 7,122,933.00[8] - Basic earnings per share rose by 150% to CNY 0.05[8] - Net profit for Q1 2014 reached CNY 12,721,454.38, up 212.5% from CNY 4,075,006.98 in Q1 2013[21] - The company reported a significant increase in operating profit to CNY 14,472,077.46, up 250.5% from CNY 4,133,658.75 in Q1 2013[21] - Net profit for Q1 2014 reached CNY 2,405,469.65, a significant recovery from a net loss of CNY 291,731.70 in the previous year[23] Cash Flow - Cash flow from operating activities improved significantly to CNY 43,106,823.02, compared to a negative cash flow of CNY -17,889,395.58 in the same period last year[8] - The company reported a cash inflow from investment activities of CNY 17,037,402.50, a recovery from a negative cash flow of CNY 306,320.00 in the previous year[25] - Cash outflow from financing activities was CNY 12,745,778.22, slightly higher than CNY 11,790,805.87 in the previous year[25] - The company achieved a significant increase in cash flow from sales, with CNY 141,512,729.88 received from customers, up from CNY 97,547,716.01 in the previous period[24] Assets and Liabilities - Total assets increased by 5.11% to CNY 919,732,505.82 compared to the end of the previous year[8] - The company's total assets as of March 31, 2014, amounted to CNY 669,791,522.73, compared to CNY 646,097,582.88 at the beginning of the year, reflecting a growth of 3.7%[17] - Total liabilities increased to CNY 372,933,882.41 from CNY 352,093,051.24, marking a rise of 5.1%[18] - The total liabilities to equity ratio stood at 0.93, indicating a stable leverage position[18] Shareholder Information - The total number of shareholders reached 14,379[11] - The largest shareholder, Jilin Dongguang Group Co., Ltd., holds 37.01% of the shares[11] Inventory and Receivables - The accounts receivable decreased to CNY 146,968,279.42 from CNY 135,591,369.60, indicating a decline of 8.2%[17] - The inventory increased to CNY 90,349,118.94, up 15.1% from CNY 78,442,620.36[17] Operational Efficiency - The gross profit margin improved as operating costs decreased to CNY 67,815,342.08 from CNY 76,141,106.65 in the previous year[23] - The company plans to continue focusing on operational efficiency and cost management to enhance profitability in future quarters[23]