SHKK(SH:600272)2014-04-25 16:00Financial Performance - Net profit attributable to shareholders surged by 382.40% to CNY 39,428,956.42 from CNY 8,173,479.16 in the same period last year[11] - Operating revenue rose by 7.30% to CNY 242,415,188.34 compared to CNY 225,931,218.70 in the previous year[11] - Basic and diluted earnings per share increased by 433.33% to CNY 0.16 per share[11] - Total operating revenue for Q1 2014 was CNY 242,415,188.34, an increase of 7.3% compared to CNY 225,931,218.70 in the same period last year[31] - Net profit for Q1 2014 reached CNY 39,465,067.65, significantly higher than CNY 8,203,386.55 in Q1 2013, marking an increase of 381.5%[31] - Earnings per share for Q1 2014 were CNY 0.16, compared to CNY 0.03 in the same quarter last year, indicating a substantial improvement[31] Cash Flow - Net cash flow from operating activities decreased by 150.90% to -CNY 3,291,632.83 compared to CNY 6,467,053.60 in the same period last year[11] - Cash flow from operating activities for Q1 2014 showed a net outflow of CNY -3,291,632.83, compared to a net inflow of CNY 6,467,053.60 in Q1 2013[35] - The net cash flow from operating activities was 24,725,959.88 RMB, a significant improvement compared to a net outflow of 29,403,296.88 RMB in the previous period[38] - The cash inflow from operating activities was 39,546,077.75 RMB, significantly higher than the previous period's inflow of 5,244,087.94 RMB[38] - The company experienced a net decrease in cash and cash equivalents of 6,306,379.70 RMB during the reporting period[36] Assets and Liabilities - Total assets increased by 3.28% to CNY 1,048,323,599.10 compared to the end of the previous year[11] - The total assets as of March 31, 2014, amounted to 1,048,323,599.10 yuan, an increase from 1,015,041,724.40 yuan at the beginning of the year[26] - The total liabilities decreased slightly to 622,946,844.05 yuan from 626,900,168.88 yuan at the beginning of the year[27] - Total liabilities increased to CNY 328,038,290.51 from CNY 302,374,626.02, reflecting a rise of 8.5%[29] - Shareholders' equity rose to CNY 362,490,203.10, up from CNY 332,506,083.80, indicating a growth of 9.0%[29] Investments - Investment properties net amount increased by 52.40% to CNY 108,412,430.46 compared to CNY 71,135,596.23 at the end of the previous year[16] - The balance of investment properties increased to 108,412,430.46 yuan from 71,135,596.23 yuan at the beginning of the year, reflecting new properties acquired for leasing[19] - The investment income increased by 3,622.55 million yuan due to the transfer of equity in Shanghai Huatuo Pharmaceutical Technology Development Co., Ltd.[20] - The company reported an investment income of CNY 36,575,397.56 in Q1 2014, compared to a loss of CNY 201,166.21 in the previous year[31] Expenses - Management expenses rose by 30.33% to CNY 27,236,691.15, attributed to increased repair costs[18] - Total operating costs for Q1 2014 were CNY 237,944,843.59, up from CNY 214,906,630.40, reflecting a year-over-year increase of 10.7%[31] Other Financial Metrics - The weighted average return on equity increased by 7.55 percentage points to 9.91%[11] - The company reported an increase in other income due to government subsidies received during the period[20] - The company expects a significant increase in net profit, estimated to rise by approximately 215% compared to the same period last year, primarily due to the equity transfer[24]