ELION(SH:600277)2014-04-27 16:00Financial Performance - Net profit attributable to shareholders increased by 293.25% to CNY 70,019,271.72 compared to the same period last year[13]. - Operating revenue for the first quarter was CNY 3,137,730,063.95, a 1.45% increase year-on-year[13]. - Basic earnings per share rose by 188.79% to CNY 0.0335 compared to the same period last year[13]. - The weighted average return on equity increased by 0.4816 percentage points to 0.7923%[13]. - Net profit for the current period was ¥71,345,426.88, compared to ¥25,812,986.17 in the previous period, reflecting a significant increase of approximately 176.80%[34]. - The net profit attributable to the parent company's shareholders was ¥70,019,271.72, up from ¥17,805,369.92, marking an increase of around 292.56%[35]. - Basic and diluted earnings per share for the current period were both ¥0.0335, compared to ¥0.0116 in the previous period, showing an increase of approximately 188.79%[35]. Assets and Liabilities - Total assets decreased by 1.42% to CNY 22,329,889,190.58 compared to the end of the previous year[13]. - The company's total assets amounted to CNY 22.33 billion, down from CNY 22.65 billion at the beginning of the year[28]. - Total liabilities decreased from CNY 12.78 billion to CNY 12.38 billion, a reduction of approximately 3.1%[28]. - Total assets decreased to ¥14,052,566,167.12 from ¥14,902,461,868.97, a decline of about 5.70%[32]. - Total liabilities decreased to ¥5,484,846,799.74 from ¥6,324,256,427.56, representing a reduction of approximately 13.27%[32]. - Total equity attributable to shareholders was ¥8,567,719,367.38, slightly down from ¥8,578,205,441.41, a decrease of about 0.12%[32]. Cash Flow - Net cash flow from operating activities increased by 12.12% to CNY 92,325,099.39 compared to the same period last year[13]. - Operating cash inflow for the current period was ¥3,071,245,265.91, down from ¥3,332,623,804.12 in the previous period, representing a decrease of approximately 7.8%[38]. - Cash outflow for operating activities was ¥2,978,920,166.52, down from ¥3,250,280,107.29, indicating a decrease of approximately 8.3%[38]. - Cash inflow from operating activities included ¥2,642,895,820.70 from sales, down from ¥2,763,516,417.56, a decrease of about 4.4%[38]. - Cash outflow from investment activities totaled ¥39,557,336.45, compared to ¥30,456,248.54 in the previous period, indicating an increase of approximately 29%[39]. - Net cash flow from financing activities was -¥810,202,888.20, worsening from -¥205,771,716.40, showing a decline of about 294%[39]. Shareholder Information - The total number of shareholders at the end of the reporting period was 37,102[12]. - The largest shareholder, Yili Resources Group Co., Ltd., holds 62.19% of the shares[14]. Government Subsidies and Non-Recurring Items - Government subsidies recognized in the current period amounted to CNY 14,718,000.00[11]. - The company reported a total of CNY 51,813,306.56 in net gains from non-recurring items[11]. - Other operating income surged by 10,537.17% to ¥18,066,683.52, mainly from government subsidies received[17]. Investment and Resource Management - Investment income rose by 179.83% to ¥18,058,985.14, primarily due to increased profits from joint ventures[17]. - Total coal resource reserves of Dongbo Coal Mine reached 76.76 million tons, with an increase of 14.56 million tons compared to the previous record[21]. - The company committed to covering any additional resource fees required due to the increase in coal reserves, ensuring investor interests are protected[21]. Related Party Transactions - The company plans to avoid related party transactions that could harm minority shareholders' interests, as per commitments made by the controlling shareholder[19]. - The company is committed to ensuring fair pricing in future related party transactions to protect minority shareholders[19]. - The company has made commitments to avoid non-operational fund transfers with its controlling shareholder to prevent conflicts of interest[19].