CGA(SH:600297)2014-04-25 16:00Financial Performance - Operating revenue decreased by 19.25% to CNY 49,594,341.04 compared to the same period last year[11] - Net profit attributable to shareholders increased by 72.65% to CNY 3,171,657.40 compared to the same period last year[11] - Basic and diluted earnings per share increased by 72.65% to CNY 0.009 per share[11] - Total operating revenue for Q1 2014 was CNY 49,594,341.04, a decrease of 19.3% compared to CNY 61,414,793.35 in Q1 2013[30] - Net profit for Q1 2014 reached CNY 3,056,898.32, an increase of 63.8% compared to CNY 1,865,531.08 in Q1 2013[30] - Comprehensive income for Q1 2014 totaled CNY 29,890,848.32, significantly higher than CNY 12,586,241.08 in the previous year[31] - Basic and diluted earnings per share for Q1 2014 were both CNY 0.009062, up from CNY 0.005249 in Q1 2013[31] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 5,697,152.87, a decrease of 130.73% compared to the previous year[11] - Cash flow from operating activities in Q1 2014 was negative at CNY -5,697,152.87, compared to a positive CNY 18,538,737.59 in Q1 2013[37] - Cash inflow from operating activities totaled ¥38,614,374.72, an increase of 47.8% from ¥26,120,629.29 in the previous period[41] - Cash outflow from operating activities was ¥28,930,223.66, up 106.5% from ¥14,039,217.60 in the previous period[41] - Cash inflow from investment activities for Q1 2014 was CNY 52,471,530.00, a substantial increase from CNY 3,000.00 in the same period last year[38] - The net cash flow from investing activities was ¥49,587,254.00, a significant improvement from -¥8,124,175.00 in the previous period[42] Assets and Liabilities - Total assets increased by 2.27% to CNY 1,407,514,467.35 compared to the end of the previous year[11] - The total assets increased from CNY 1,376,229,968.31 at the beginning of the year to CNY 1,407,514,467.35 by the end of the period, reflecting a growth of approximately 2.4%[21] - Cash and cash equivalents increased by 27.92% to CNY 197,031,049.80 compared to the beginning of the year[15] - Other receivables decreased by 63.48% to CNY 5,369,968.19 compared to the beginning of the year[15] - The total current liabilities decreased slightly from CNY 61,979,914.15 to CNY 60,860,854.94, a reduction of about 1.8%[23] - Non-current liabilities increased from CNY 363,365,206.35 to CNY 365,877,916.28, indicating a growth of approximately 0.7%[23] - The total equity attributable to shareholders rose from CNY 949,881,519.47 to CNY 979,887,126.87, reflecting an increase of about 3.2%[23] Inventory and Receivables - The company's inventory increased from CNY 42,501,472.02 to CNY 45,943,846.32, which is an increase of approximately 10.5%[21] - Accounts receivable increased from CNY 72,440,592.79 to CNY 81,637,710.42, representing a growth of approximately 12%[21] - The company reported a significant increase in other receivables, which decreased from CNY 14,703,606.30 to CNY 5,369,968.19, a decline of about 63.5%[21] Investment Activities - Cash flow from investment activities increased by CNY 57,711,429.00, primarily due to the recovery of CNY 40 million from financial products and CNY 12.47 million from equity transfer[18] - The company reported an investment income of CNY 1,333,225.56 for Q1 2014, up from CNY 728,794.90 in the same period last year[33] - Cash outflow from investment activities was CNY 2,884,276.00, down from CNY 8,127,175.00 in Q1 2013[38] Shareholder Information - The total number of shareholders reached 40,272 as of the report date[12] - The weighted average return on net assets increased by 0.13 percentage points to 0.33%[11]