ERDOS(SH:600295)2014-04-29 16:00Financial Performance - Operating revenue decreased by 8.62% to CNY 3.22 billion year-on-year[9] - Net profit attributable to shareholders decreased by 3.75% to CNY 126.18 million compared to the same period last year[9] - Basic and diluted earnings per share decreased by 7.69% to CNY 0.12 per share[9] - Total operating revenue for Q1 2014 was CNY 3,219,941,438.30, a decrease of 8.6% compared to CNY 3,523,850,591.40 in the same period last year[32] - Total operating costs for Q1 2014 were CNY 3,017,118,841.28, down 9.6% from CNY 3,338,229,158.98 year-over-year[32] - Net profit for Q1 2014 reached CNY 220,893,330.03, an increase of 11.1% compared to CNY 198,754,341.28 in the previous year[32] - The company reported an investment income of CNY 48,979,305.48, down from CNY 60,369,604.98 year-over-year[32] - The total comprehensive income for Q1 2014 was CNY 221,680,830.31, compared to CNY 198,748,682.10 in the previous year, reflecting a growth of 11.5%[33] Assets and Liabilities - Total assets increased by 5.78% to CNY 41.28 billion compared to the end of the previous year[9] - The company's total liabilities increased to CNY 28,324,698,768.48, up from CNY 26,285,616,117.03, reflecting a growth of 7.8%[26] - The company's equity attributable to shareholders rose to CNY 6,774,548,127.76, an increase of 2.0% from CNY 6,638,334,705.88[26] - The total assets of the company reached RMB 41,277,227,434.83, an increase from RMB 39,020,408,821.48 at the beginning of the year[24] Cash Flow - Cash flow from operating activities improved to CNY 258.17 million, a significant recovery from a negative cash flow of CNY -309.06 million in the previous year[9] - The net cash flow from operating activities was RMB 258,173,825.51, a significant improvement compared to a net outflow of RMB 309,059,071.27 in the previous year[18] - The net cash flow from operating activities for Q1 2014 was ¥258,173,825.51, a significant improvement from a negative cash flow of -¥309,059,071.27 in the same period last year[37] - Cash inflows from operating activities totaled ¥3,359,345,849.30 in Q1 2014, compared to ¥3,260,204,278.87 in Q1 2013, indicating a growth of 3.0%[36] - Cash outflows from operating activities totaled ¥3,101,172,023.79 in Q1 2014, down from ¥3,569,263,350.14 in the same period last year, a decrease of 13.1%[37] Investments and Financing - The company plans to invest RMB 15.1 billion to acquire a 10% stake in the Ordos Yong Coal Mining Company, with RMB 1.2 billion already paid[20] - Financial expenses increased by 46.86% to RMB 341,758,473.76, primarily due to higher interest expenses[16] - The company reported a significant increase in non-operating income, which rose by 941.53% to RMB 29,383,002.28, mainly from government subsidies[16] - The net cash flow from investing activities was negative at RMB -844,562,881.23, reflecting increased cash outflows for investments[19] - Cash inflow from financing activities totaled 1,552,341,999.76, a substantial increase from 471,783,128.86 in the prior period[41] - Cash outflow from financing activities was 1,320,499,663.63, compared to 110,553,362.66 in the previous period, reflecting increased financial activity[41] Shareholder Information - The total number of shareholders reached 75,935[11] - The largest shareholder, Inner Mongolia Erdos Cashmere Group Co., Ltd., holds 40.70% of the shares[11] Government Subsidies - The company received government subsidies amounting to CNY 23.10 million related to its core business operations[9]