CCJK(SH:600215)2014-04-28 16:00Financial Performance - Operating revenue for the current period reached approximately CNY 30 million, representing a significant increase of 312.57% year-on-year[8]. - Net profit attributable to shareholders of the listed company was approximately -CNY 27.11 million, showing an improvement compared to -CNY 32.58 million in the same period last year[8]. - The weighted average return on net assets was -1.13%, an improvement from -1.36% in the same period last year[8]. - Basic and diluted earnings per share were both -CNY 0.0583, compared to -CNY 0.070 in the previous year[8]. - The company reported a significant increase in tax expenses by 177.08%, amounting to CNY 2,186,017.50, compared to CNY 788,960.55 in the previous period[12]. - The net loss for Q1 2014 was CNY 27,115,690.57, compared to a net loss of CNY 32,582,453.43 in Q1 2013, showing an improvement of approximately 16.5%[24]. - The company's total revenue for the period reached CNY 29,997,691.52, representing a 312.57% increase compared to the previous period's CNY 7,270,897.05[12]. Cash Flow - The net cash flow from operating activities was approximately CNY 118.60 million, a turnaround from -CNY 85.91 million in the previous year[8]. - Cash flow from operating activities generated a net inflow of CNY 118,601,714.72, a turnaround from a net outflow of CNY 85,912,884.64 in the previous year[28]. - Total cash inflow from operating activities was $726.21 million, compared to $62.21 million in the prior period, indicating a substantial increase[30]. - Cash outflow for operating activities totaled $473.40 million, up from $67.20 million in the previous period[30]. - Cash received from operating activities related to sales was $5.04 million, a decrease from $5.96 million in the prior period[30]. - Cash received from other operating activities significantly increased to $721.16 million from $56.26 million previously[30]. Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 4.47 billion, a decrease of 5.58% compared to the end of the previous year[8]. - The company’s liabilities decreased by 10.19%, from CNY 2,320,552,888.43 to CNY 2,083,885,165.62[19]. - The total assets as of March 31, 2014, were CNY 3,787,724,547.42, down from CNY 4,057,501,189.99 at the beginning of the year, reflecting a decrease of about 6.6%[21]. - Total liabilities decreased to CNY 1,329,741,000.52 from CNY 1,575,331,611.49, a reduction of approximately 15.6%[22]. - The company’s total equity decreased to CNY 2,457,983,546.90 from CNY 2,482,169,578.50, a decline of approximately 1.0%[22]. Shareholder Information - The total number of shareholders at the end of the reporting period was 39,150[10]. - The largest shareholder, Changchun Economic and Technological Development Zone Venture Investment Holding Co., Ltd., held 21.88% of the shares, totaling 101,736,960 shares[10]. - The second-largest shareholder, Changchun Jingkai State-owned Assets Holding Group Co., Ltd., held 8.44% of the shares, totaling 39,234,008 shares[10]. Investment Plans - The company plans to invest CNY 56,800,000 in real estate development in 2014, with specific projects including "Liuhe Yifang" and "Xinglongshan" slated for completion[13]. - The "Liuhe Yifang" project is expected to be developed over 5-6 years, with a planned total investment of CNY 31,400,000 for phase two[14]. - The company plans to complete the Xinglongshan project by the end of 2014, with a total investment of CNY 20,100,000[13]. Operating Costs - Operating costs increased significantly by 599.52%, amounting to CNY 21,629,163.04, up from CNY 3,091,986.46 in the prior period[12]. - Total operating costs for Q1 2014 were CNY 57,608,200.39, up from CNY 39,989,632.96, indicating an increase of about 44.2%[24].