Jiangsu wuzhong(SH:600200)2014-04-28 16:00Financial Performance - Operating revenue for the first quarter was CNY 682,293,903.37, representing a decline of 8.54% year-on-year [11]. - Net profit attributable to shareholders was CNY 1,024,058.67, an increase of 24.64% compared to the same period last year [11]. - Basic and diluted earnings per share were both CNY 0.002, a 100% increase from CNY 0.001 in the previous year [11]. - Total operating revenue for Q1 2014 was CNY 682,293,903.37, a decrease of 8.5% compared to CNY 745,980,544.62 in the same period last year [42]. - Total operating costs for Q1 2014 were CNY 675,760,022.45, down 10.5% from CNY 755,046,662.77 year-on-year [42]. - Net profit for Q1 2014 was CNY 3,600,381.70, compared to a net loss of CNY 5,765,678.62 in Q1 2013, marking a significant turnaround [42]. - The company reported an investment income of CNY 1,998,833.33 in Q1 2014, compared to a loss of CNY 138,911.59 in Q1 2013 [42]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 205,126,396.49, compared to a net outflow of CNY 23,832,195.89 in the previous year [11]. - Net cash flow from operating activities decreased by 760.71% to -¥20,512.64 million, attributed to increased receivables and deposits [19]. - Cash outflow from investing activities totaled CNY 32,264,587.04, down from CNY 59,648,706.24, reflecting a decrease of about 46% [48]. - Cash inflow from financing activities was CNY 553,430,813.61, compared to CNY 642,691,616.34 in the previous period, a decrease of approximately 13.9% [49]. - The net cash flow from financing activities was CNY 17,319,586.74, down from CNY 94,561,412.02, indicating a decline of about 81.7% [49]. - Cash received from sales of goods and services was CNY 668,473,706.65, down from CNY 843,290,524.17, a decline of about 20.7% [47]. - Cash paid to employees increased to CNY 42,663,788.65 from CNY 34,621,795.31, an increase of approximately 23.2% [48]. - Cash paid for other operating activities increased significantly to CNY 175,206,374.39 from CNY 67,202,715.96, an increase of approximately 160.5% [48]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,908,671,487.42, a decrease of 0.55% compared to the end of the previous year [11]. - The company's current assets totaled CNY 2,913,342,244.46, down from CNY 2,951,421,340.46 at the start of the year, indicating a decrease of approximately 1.3% [33]. - Cash and cash equivalents decreased to CNY 441,555,031.75 from CNY 622,219,863.56, representing a decline of about 29% [33]. - Accounts receivable increased to CNY 234,780,608.51 from CNY 219,996,736.94, reflecting an increase of approximately 6.3% [33]. - Inventory decreased slightly to CNY 1,633,355,686.89 from CNY 1,665,045,537.63, a reduction of about 1.9% [33]. - Current liabilities totaled CNY 2,492,878,976.78, down from CNY 2,518,026,076.56, indicating a decrease of approximately 1% [34]. - Short-term borrowings increased to CNY 1,232,771,737.00 from CNY 1,188,069,845.85, an increase of about 3.8% [34]. - The company reported a total non-current asset value of CNY 995,329,242.96, up from CNY 978,944,247.38, reflecting an increase of approximately 1.6% [34]. Shareholder Information - The total number of shareholders at the end of the reporting period was 106,189 [13]. - The largest shareholder, Suzhou Wuzhong Investment Holding Co., Ltd., held 19.69% of the shares, totaling 122,795,762 shares [13]. Project Development - The Phase III clinical trial for the new anti-cancer drug project progressed smoothly, with 332 cases enrolled across 38 hospitals [21]. - Total sale area for the projects reached 1,108,447.08 square meters, with a current sales area of 27,199.16 square meters in the first quarter [27]. - Cumulative sales for the projects amounted to 766,183.84 square meters, indicating a strong performance in property sales [27]. - The total planned investment for the projects is 484,881.08 million yuan, reflecting the company's commitment to real estate development [27]. - The project "家天下一期" has a total building area of 131,316.00 square meters, with a sellable area of 118,593.95 square meters [27]. - "金阊区定销房" project has a total building area of 262,906.69 square meters, with cumulative sales of 221,290.10 square meters [27]. - "阳光华城一期" project recorded a cumulative settlement area of 47,530.34 square meters, contributing to the overall sales performance [26]. - The "阳光华城五期" project has a total building area of 46,769.90 square meters, with a cumulative settlement area of 45,419.46 square meters [26]. - The "金枫美地" project achieved a cumulative sales area of 132,841.81 square meters, showcasing its market acceptance [27]. - The "红玺（浒关项目）" project has a total building area of 118,421.01 square meters, with cumulative sales of 100,249.69 square meters [27]. - The company is focusing on expanding its real estate portfolio through various projects, indicating a strategic growth direction [27].