AISINO CO.LTD.(SH:600271)2014-04-25 16:00Financial Performance - Operating revenue for the year-to-date was RMB 3,391,743,976.92, representing a year-on-year growth of 17.67%[4] - Net profit attributable to shareholders was RMB 275,448,256.85, up 14.96% from the previous year[4] - The weighted average return on equity increased to 4.41%, up by 0.08 percentage points from 4.33%[4] - Diluted earnings per share rose to RMB 0.30, reflecting a 15.38% increase compared to RMB 0.26 in the previous year[4] - The company reported a basic earnings per share of RMB 0.30, an increase of 15.38% from the previous year[4] - Net profit for Q1 2014 was CNY 374,649,748.07, up 14.5% from CNY 326,976,928.69 in Q1 2013[17] - Earnings per share for Q1 2014 were CNY 0.30, compared to CNY 0.26 in Q1 2013, reflecting a growth of 15.4%[17] Asset and Equity Growth - Total assets reached RMB 10,206,258,342.47, an increase of 9.77% compared to the previous year[4] - Total assets as of March 31, 2014, amounted to CNY 5,476,008,108.90, an increase from CNY 5,273,189,748.17 at the beginning of the year[15] - The company's total equity reached CNY 4,601,511,516.51, up from CNY 4,462,391,572.83, indicating a growth of 3.1%[15] Cash Flow and Operating Activities - The net cash flow from operating activities was negative at RMB -441,784,472.13, a decline of 214.23% year-on-year[4] - Cash flow from operating activities showed a net outflow of CNY 44,178.45 million, a decrease of 214.23% compared to the previous year[8] - Cash flow from operating activities shows a net outflow of ¥441,784,472.13, worsening from a net outflow of ¥140,592,036.85 in the previous period[22] - Total cash outflow from operating activities is ¥3,900,535,094.47, up from ¥3,355,795,564.70 in the previous period[22] Liabilities and Loans - Short-term loans amounted to CNY 2,000,000.00, reflecting an increase due to loans taken by a subsidiary[11] - Total liabilities increased to CNY 874,496,592.39 from CNY 810,798,175.34 at the start of the year, representing a rise of 7.5%[15] Inventory and Receivables - Accounts receivable increased by 103.42% to CNY 1,390,145,288.25 compared to CNY 683,384,167.49 in the previous period, driven by the expansion of distribution and system integration businesses[7] - Inventory rose by 72.91% to CNY 1,313,255,481.79 from CNY 759,517,906.56, attributed to the growth in distribution and system integration business scale[7] - The total amount of accounts receivable increased to CNY 381,183,292.33 from CNY 214,398,517.86, reflecting a significant rise of 77.6%[14] Investment and Financing Activities - The net cash flow from investing activities was CNY -31,018.56 million, a significant decline of 1739.21% due to various investments including land payments and acquisitions[8] - The net cash flow from financing activities increased by 235.89% to CNY 2,879.02 million, mainly from state capital budget project funding[8] - Financing activities generated a net cash inflow of ¥28,790,181.63, improving from a net outflow of ¥21,186,400.88 in the previous period[23] Other Financial Metrics - Non-recurring gains and losses totaled RMB 10,743,136.95 for the year-to-date[5] - The company reported a significant increase in asset impairment losses by 219.36% to CNY 1,713.11 million, attributed to increased bad debt provisions[7] - The company reported a significant decrease in investment income, which fell to ¥57,285,311.99 from ¥819,002,945.18 in the previous period[19]